Is the East Asian growth record replicable today? This book answers: yes. It places the common East Asian theme in the theoretic context of product cycles, globalization and convergence and the historical perspective of the qGerman Miracleq after World War II, also the more recent Irish growth; it identifies the effective policies for sustained, rapid growth by structured comparisons among different economies; it evaluates the strengths and weaknesses of the alternative policy packages of Korea, Taiwan, Hong Kong, and Singapore, in the light of such recent events like global trend for liberalization, and the Crises of 1997 and 2001. Economic Development in a Globalized Environment also scrutinizes the major debates in development economics, using documented cases, and analytic reasoning for support.Similar institutions can perform differently for subtle reasons. Taiwan succeeded to induce the Singer Corporation to invest and train local firms to supply the parts it uses. This strengthened the entire sewing machine industry for export (Schive, anbsp;...
|Title||:||Economic Development in a Globalized Environment|
|Author||:||Henry Y. Wan Jr.|
|Publisher||:||Springer Science & Business Media - 2003-11-30|