ACHIEVING INDUSTRIALIZATION IN EAST ASIA by Helen Hughes (Editor) ( 9780521351294 )

Item Details

Title:

ACHIEVING INDUSTRIALIZATION IN EAST ASIA

By:

Helen Hughes (Editor)

Format:

Hardback

List price:

£114.00

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£99.75

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12.5% off

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£14.25

ISBN 10:

0521351294

ISBN 13:

9780521351294

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Publisher:

CAMBRIDGE UNIVERSITY PRESS

Pub. date:

10 November, 1988

Series:

Trade and Development

Pages:

396

Description:

This book examines the economic success of the industrializing economies of East Asia.

Synopsis:

This book examines the economic success of the industrializing economies of East Asia. Judged in terms of economic growth, or by a combination of economic and welfare criteria, this group of East Asian countries has established a clear lead over other developing areas of the world. The authors seek to identify the economic policies that have been critical to success. They analyze the varied political backgrounds and cultural heritages which enabled such a disparate group of coountries to choose successful routes to rapid growth. The East Asian countries possess widely divergent endowments of resources, but they face the same international environment as other countries. What has led to their economic achievements? One answer is 'unshackling exports' that most of the Asian countries had shackled in the first place. Other policy strands included political stability, the rule of law and economic policies that distorted prices less than other developing countries. Equally important have been investment in facilities of the social and physical infrastructure. The book's contributors argue that governments thus provided the environment for growth.Private enterprise contributed investment despite risk of uncertainty, and through exposure to international competition became efficient and profitable.

Illustrations:

65 tables

Publication:

Imprint:

Cambridge University Press

Returns:

Returnable

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