ENGLISH

The Political Economy of the New Asian Industrialism

Book information

Publisher
Cornell University Press
Year
2018
ISBN
9781501723766
DOI
10.7591/9781501723766
Language
english
Format
PDF
Filesize
48 MB (50405031 bytes)
Pages
254\256
Library
degruyter.com
Time added
2023-08-23 19:30:44

Description

The newly industrializing countries (NICs) of East Asia have undergone rapid economic expansion over the past twenty vears. Unlike NICs elsewhere in the Third World, those in the Pacific basin-South Korea, Taiwan, Singapore, and Hong Kong-have managed to achieve almost full employment, a relatively egalitarian distribution of income, and the virtual elimination or poverty. In this collection of essays, nine development specialists explore the Asian NICs' exceptional ability to capitalize on the favorable economic environment of the 1960s and then to adapt flexibly to worsening conditions in the 1970s and 1980s.

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