The Rise and Fall of the East Asian Growth System, 1951-2000

This book examines the long run of economic growth in East Asia from 1945 to the present, assessing the various theories put forward to explain the phenomenon, and appraising the various factors which have contributed to economic growth in East Asia. It charts the growth of the various East Asian economies over this period, and separates out the various key factors such as developmental statism, economic nationalism and enterprise systems. It discusses the role of globalisation, the 1997 Asian financial crisis and explores how far a single East Asian growth model can be said to exist.

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Table of contents : List of figures and tables Preface Introduction Part 1 Making Sense of the 50-Year Growth: Theories and evidence 1. Theories and Debates 2. Reality Check 3. Putting the Pieces Together Part 2 Initial Conditions: Growth imperatives and alternative scenarios 1. Growth Factors and Imperatives 2. Alternative Scenarios 3. Shaping of the Responses in the EAEs 4. Summary and Discussion Part 3 Striving for Sustainable International Competitiveness 1. The Problem of International Competitiveness 2. The Problem of Comparative Advantage 3. Striving for Sustainable International Competitiveness 4. Institutional Requirements 5. Summary and Discussion Part 4 Cultural and Social Setting 1. Culture and Society in East Asian Growth 2. The Pattern of Individual Behaviour 3. Social Structure 4. Summary and Discussion Part 5 Crafting The National Growth System 1. Economic Growth as a National Campaign 2. Building the Three-Tier Structure of State Management 3. Internalizing Productional and Social Forces 4. Transforming the Confucian Man 5. Separating the Markets 6. Summary and Discussion Part 6 The Dynamism and Consequences of East Asian Growth 1. Growth Cycles 2. Institutional Aging 3. Globalization and International Pressures 4. The Ending Games 5. Future Prospects 6. Summary and Discussion Part 7 Conclusion: Institutional competitiveness and East Asian growth 1. The Pattern of Rapid Economic Growth 2. The Growth System 3. Final Words Bibliography Notes on Data and Appendixes Appendix A Individual EAE Datasets Appendix B EAE and OECDE Comparative Data Appendix C East Asian Growth Timelines Index