A Resurgent East Asia

A Resurgent East Asia
Author: Andrew D. Mason
Publisher: World Bank Publications
Total Pages: 194
Release: 2019-01-11
Genre: Business & Economics
ISBN: 146481371X

East Asia has been a paragon of global development success. The dramatic transformation of the region over the past half century—with a succession of countries having progressed from low-income to middle-income and even to high-income status—has been built on what has come to be known as the “East Asian development model.†? A combination of policies that fostered outward-oriented, labor-intensive growth while strengthening basic human capital and providing sound economic governance has been instrumental in moving hundreds of millions of people out of poverty and into economic security. Yet East Asia’s economic resurgence remains incomplete. More than 90 percent of its people now live in 10 middle-income countries, many of which can realistically aspire to high-income status in the next generation or two. But these countries are still much less affluent and productive than their high-income counterparts. Even as the region’s middle-income countries attempt to move up to high-income status, they confront a rapidly changing global and regional economic environment. Slowing growth in global trade and shifts in its patterns, rapid technological change, and evolving country circumstances all present challenges to sustaining productivity growth, fostering inclusion, and enhancing state effectiveness. A Resurgent East Asia: Navigating a Changing World is about how policy makers across developing East Asia will need to adapt their development model to effectively address these challenges in the coming decade and sustain the region’s remarkable development performance. “The world is changing. How do East Asia’s developing economies navigate this change? This is a commendable book on this topic—a must-read for policy makers, academia, and students who are interested in East Asia.†? — Chatib Basri, Former Minister of Finance, Government of Indonesia “A Resurgent East Asia is a vital publication for the most successful region as it looks to the future and the expectations of its citizens. This study helps to identify the new areas of risk and to suggest ways to ameliorate them. In so doing, it is an invaluable resource for governments. Based on first-rate analysis, it is a must-read for policy makers and everyone interested in East Asia’s development prospects!†? — Danny Leipziger, Managing Director, The Growth Dialogue, and Professor of International Business, George Washington University “This report delivers a careful and rigorous analysis of the strengths of East Asia’s ‘growth with equity’ development strategy. While noting the model’s success in lifting millions out of poverty, the report also warns of the looming challenge of maintaining growth with inclusion, and it highlights the need for countries to improve their social protection systems and ensure that opportunities are fair and available to all. A must-read for policy makers and development practitioners alike.†? — Ana Revenga, Senior Fellow, Brookings Institution

A Resurgent East Asia

A Resurgent East Asia
Author: Andrew D. Mason
Publisher: World Bank East Asia and Pacif
Total Pages: 0
Release: 2019
Genre: Business & Economics
ISBN: 9781464813337

East Asia has been a paragon of global development success. The dramatic transformation of the region over the past half century--with a succession of countries having progressed from low-income to middle-income and even to high-income status--has been built on what has come to be known as the "East Asian development model." A combination of policies that fostered outward-oriented, labor-intensive growth while strengthening basic human capital and providing sound economic governance has been instrumental in moving hundreds of millions of people out of poverty and into economic security. Yet East Asia's economic resurgence remains incomplete. More than 90 percent of its people now live in 10 middle-income countries, many of which can realistically aspire to high-income status in the next generation or two. But these countries are still much less affluent and productive than their high-income counterparts. Even as the region's middle-income countries attempt to move up to high-income status, they confront a rapidly changing global and regional economic environment. Slowing growth in global trade and shifts in its patterns, rapid technological change, and evolving country circumstances all present challenges to sustaining productivity growth, fostering inclusion, and enhancing state effectiveness. A Resurgent East Asia: Navigating a Changing World is about how policy makers across developing East Asia will need to adapt their development model to effectively address these challenges in the coming decade and sustain the region's remarkable development performance. "The world is changing. How do East Asia's developing economies navigate this change? This is a commendable book on this topic--a must-read for policy makers, academia, and students who are interested in East Asia." -- Chatib Basri, Former Minister of Finance, Government of Indonesia "A Resurgent East Asia is a vital publication for the most successful region as it looks to the future and the expectations of its citizens. This study helps to identify the new areas of risk and to suggest ways to ameliorate them. In so doing, it is an invaluable resource for governments. Based on first-rate analysis, it is a must-read for policy makers and everyone interested in East Asia's development prospects!" -- Danny Leipziger, Managing Director, The Growth Dialogue, and Professor of International Business, George Washington University "This report delivers a careful and rigorous analysis of the strengths of East Asia's 'growth with equity' development strategy. While noting the model's success in lifting millions out of poverty, the report also warns of the looming challenge of maintaining growth with inclusion, and it highlights the need for countries to improve their social protection systems and ensure that opportunities are fair and available to all. A must-read for policy makers and development practitioners alike." -- Ana Revenga, Senior Fellow, Brookings Institution

Resurgent Asia

Resurgent Asia
Author: Deepak Nayyar
Publisher: Oxford University Press
Total Pages: 316
Release: 2019
Genre: Asia
ISBN: 0198849516

Resurgent Asia analyses the phenomenal transformation of Asia, which would have been difficult to imagine, let alone predict, fifty years ago, when Gunnar Myrdal published Asian Drama. In doing so, it provides an analytical narrative of this remarkable story of economic development, situated in its wider context of historical, political, and social factors, and an economic analysis of the underlying factors, with a focus on critical issues in the process of, and outcomes in, development. In 1970, Asia was the poorest continent in the world, marginal except for its large population. By 2016, it accounted for three-tenths of world income, two-fifths of world manufacturing, and one-third of world trade, while its income per capita converged towards the world average. However, this transformation was associated with unequal outcomes across countries and between people. The analysis disaggregates Asia into its four constituent sub-regions--East, Southeast, South, and West--and further into fourteen economies--China, India, South Korea, Indonesia, Turkey, Taiwan, Thailand, Philippines, Malaysia, Singapore, Pakistan, Bangladesh, Vietnam, and Sri Lanka--which account for more than four-fifths of its population and income. This book enhances our understanding of development processes and outcomes in Asia over the past fifty years, draws out the analytical conclusions that contribute to contemporary debates on development, and highlights some lessons from the Asian experience for countries elsewhere. It is the first to examine the phenomenal changes that are transforming economies in Asia and shifting the balance of economic power in the world, while reflecting on the future prospects in Asia over the next twenty-five years. A rich, engaging, and fascinating read.

The Resurgence of East Asia

The Resurgence of East Asia
Author: Giovanni Arrighi
Publisher: Psychology Press
Total Pages: 374
Release: 2003
Genre: East Asia
ISBN: 9780415316361

Examines the rise of East Asia as one of the world's economic power centres from three temporal perspectives: 500 years, 150 years and 50 years, each denoting an epoch in regional and world history and providing a vantage point against which to

Global East Asia

Global East Asia
Author: Frank N. Pieke
Publisher: Univ of California Press
Total Pages: 347
Release: 2021-08-03
Genre: History
ISBN: 0520299868

"Drawing on work in a range of disciplines-including history, anthropology, demography, development, environmental studies, political studies, health, sociology and the arts-this work approaches East Asia from new perspectives.The book looks at contemporary Japan and Korea and focuses on many facets of Chinese culture, artistic production, economic development, digital issues, education and international collaboration" -

Behind East Asian Growth

Behind East Asian Growth
Author: Henry S. Rowen
Publisher: Routledge
Total Pages: 380
Release: 2002-11-01
Genre: Social Science
ISBN: 1134709277

East Asian countries have adopted remarkably good policies to ensure sustained economic growth, but how did they come to adopt such policies in the first place? This book produces a more thorough explanation than has previously been advanced drawing on several disciplines including contributions from anthropologists, economists, political scientists, technologists, demographers, historians and psychologists. Several contributors have held high positions in Asian governments. Four broad themes are identified: * effective governance * achieving and learning societies * growth with equity * external influences This is the most comprehensive account of the foundations of East Asia's rise. Its distinctiveness lies in the range of comparisons across the countries of East and South-East Asia and in the wide array of contributing disciplines.

East Asia in Transition

East Asia in Transition
Author: Robert S. Ross
Publisher: M.E. Sharpe
Total Pages: 402
Release: 1995
Genre: Business & Economics
ISBN: 9781563245602

This text examines the implications of two strategic and economic transformations in the East Asia region: the demise of the Soviet Union; and the emergence of new East Asian economic powers that have transformed regional economic relations.

East Asia

East Asia
Author: Hugh Dyson Walker
Publisher: AuthorHouse
Total Pages: 674
Release: 2012-11
Genre: History
ISBN: 1477265163

Histories of East Asia traditionally emphasize China and Japan, and neglect Korea and Vietnam. Essentially, 20th century East Asia is re-written into the past, as though China and Japan was always the core of East Asian development. This is not at all how East Asia developed. Chinese prehistoric cultures became historic in the 18th century B.C.! Japan was not part of East Asia for over 2300 more years. By studying periods of Chinese unity and disunity, and their effects on China s neighbors, Korea and Vietnam, a distinct culture zone, East Asia, gradually emerged, and slowly included Japan. The main elements of East Asia cultural, social, political, philosophical, religious and linguistic were derived from China, but the others were not minor replicas of China. Each was unique: its people ethnically distinct, from China and each other; its native language, and linguistic blend with Chinese, also unique. Korea and Vietnam resisted Chinese colonization, but adopted and adapted advance Chinese elements to their own needs. Emerging later, Japan underwent wholesale adoption of Tang China s advances, replicated in the 19th century, when Japan was the first East Asian country to modernize. Spanning some thirty-eight centuries, from the 18th century B.C. to 2012 A.D., this diversity with common elements derived from China, is a major theme of this work. It is often overlooked by those who prefer general views, based on surface impressions, to more complex realities. The former often lead to mistakes; the latter become the basis for more sound understanding. After all, these four countries and people share the eastern end of the Eurasian continent, yet each country s geographic situation is also unique. As the twenty-first century continues to unfold, this new approach to East Asia should help to produce clearer and more accurate understanding of this important world region.

Crisis as Conquest

Crisis as Conquest
Author: Jayati Ghosh
Publisher: Orient Blackswan
Total Pages: 156
Release: 2001
Genre: East Asia
ISBN: 9788125018988

To What Extent Does The East Asian Experience Provide Us With A Viable Model Of Economic Development? This Tract Seeks To Answer This Through A Careful Analysis Of The Long-Term Development Of The East Asian Economies And Their Recent Crisis. The Tract Shows The Contradictory Implications Of The Process Of Industrialisation And The Problems Of Unregulated Finance Which Makes Liberalised Economies Extra Sensitive To The Slightest Ripple In Investor Sentiments. To Understand The Specificities Of The East Asian Experience, The Tract Looks Carefully At The Histories Of Crises In Other Parts Of The World, And Provides A Powerful Critique Of The Imf Response To Them.