Post-Industrial Development in East Asia

Description

This book purports to investigate and compare the economic development experiences in both Taiwan and South Korea in last two decades. Taiwan and South Korea’s economic development after WWII is a well-known story. However, their development after the successful post-war industrialization has not been comprehensively studied. The book examines whether the three factors —the role of private business, government policy, and foreign influence—that had contributed to Taiwan’s and Korea’s post-war development, are still relevant during the post-industrial development era. Researchers in the fields of global political economy, Asian economic development and East Asian studies will find this book a fresh and invaluable contribution to the literature. The book will also be of value to policy makers in developing countries in drafting their national development policies, diplomats conducting economic diplomacy with Taiwan and South Korea, and business people planning to expand their business interests in Asia. Front Matter ....Pages i-xi Introduction (Min-Hua Chiang)....Pages 1-22 Sustaining Taiwan’s and South Korea’s Post-Industrial Economic Growth: The China Factor (Min-Hua Chiang)....Pages 23-47 The Changing Role of SMEs in Taiwan’s and South Korea’s Economies (Min-Hua Chiang)....Pages 49-70 Comparing Governments’ Policies in Promoting Economic Growth (I): Industrial Upgrading Policies (Min-Hua Chiang)....Pages 71-91 Comparing Governments’ Policies in Promoting the Economic Growth (II): Free Trade Policy (Min-Hua Chiang)....Pages 93-112 New Challenges Ahead (I): Growing Income Inequality (Min-Hua Chiang)....Pages 113-131 New Challenges Ahead (II): Aging Population (Min-Hua Chiang)....Pages 133-151 Conclusion (Min-Hua Chiang)....Pages 153-162 Back Matter ....Pages 163-165