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The East Asian Development Experience Ha-Joon Chang

The East Asian Development Experience By Ha-Joon Chang

The East Asian Development Experience by Ha-Joon Chang


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Summary

East Asia's development experience, at least until its crisis in 1997, has been a source of hope for other countries in the South. And in modern economic theory, it has been at the centre of the debate about how the role of the state relates to processes of intentional economic progress.

The East Asian Development Experience Summary

The East Asian Development Experience: The Miracle, the Crisis and the Future by Ha-Joon Chang

Today East Asia is the richest part of the world outside the old industrial centres of Western Europe and North America. Despite political authoritarianism, human rights violations, corruption, repression of labour unions, gender discrimination and mistreatment of ethnic minorities, the citizens of the East Asian economies have experienced improvements in income and general well-being unparalleled in human history. In this book, Ha-Joon Chang provides a fresh analysis of this spectacular growth. He considers East Asian economies' unorthodox methods, and their rejection of 'best practice' and so-called Washington Consensus policies. East Asia, he claims, can teach us much about the whole process of economic development. Full of new facts and policy suggestions, this is a lively and unconventional introduction to a global phenomenon.

About Ha-Joon Chang

Dr Ha-Joon Chang is Assistant Director of Development Studies in the Faculty of Economics and Politics, University of Cambridge. Born in the Republic of Korea, and educated at the Seoul National University and subsequently at Cambridge, he is the author of The Political Economy of Industrial Policy (1994), Kicking Away the Ladder: Development Strategy in Historical Perspective (2002); Globalization, Economic Development, and the Role of the State (2003), and Restructuring Korea Inc. (2003) and editor of seven other volumes.

Table of Contents

CONTENTS PART 1: OVERVIEW OF THE DEBATE ON EAST ASIAN DEVELOPMENT EXPERIENCE 1. The East Asian Model of Economic Policy PART 2: INTERPRETATION OF THE EAST ASIAN MIRACLE 2. The Political Economy of Industrial Policy in Korea 3. Explaining 'Flexible Rigidities' in East Asia 4. The Initial Conditions of Economic Development - Comparing the East Asian and the Sub-Saharan Experiences PART 3: 1997 ASIAN FINANCIAL CRISIS AND ITS IMPLICATIONS 5. The Hazard of Moral Hazard - Untangling the Asian Crisis 6. Interpreting the Korean Crisis: Financial Liberalisation, Industrial Policy and Corporate Governance PART 4: LOOKING INTO THE FUTURE OF EAST ASIA 7. Industrial Policy and East Asia - The Miracle, the Crisis, and the Future 8. The Triumph of the Rentiers? 9. Evaluating the Post-Crisis Corporate Restructuring in Korea

Additional information

NLS9781842771419
9781842771419
1842771418
The East Asian Development Experience: The Miracle, the Crisis and the Future by Ha-Joon Chang
New
Paperback
Bloomsbury Publishing PLC
2007-02-15
320
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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