This book critically examines the geopolitical and economic contexts of the region's export-oriented industrialization. This collection of original papers describes the economic developments and environment that underlie the East Asian NICs. Through a comparison of the Four Tigers - South Korea, Taiwan, Hong Kong, and Singapore - the contributors deliver a case-oriented study that explains the region's most successful economies.
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This book critically examines the geopolitical and economic contexts of the region's export-oriented industrialization. The first part of the book focuses on the global and regional elements of the economic system and recent geopolitics. The second part of the book focuses on the domestic actors and institutions that played critical roles in the miracle economies of East Asia. The third part provides a timely evaluation of the financial crisis in 1997 that swept through Southeast Asia and other Asian countries, with an emphasis on the South Korean case. This collection of original papers describes the economic developments and environment that underlie the East Asian NICs. Through a comparison of the Four Tigers-South Korea, Taiwan, Hong Kong, and Singapore-the contributors deliver a case-oriented study that explains the region's most successful economies.
The Four Asian Tigers also provides an important discussion of the causes of the 1997 financial crisis experienced in many Asian economies and offers a prognosis for the future of the Asian economies. This book is the first region-wide comparative study to provide readers with country-specific information about economic environments and development.
"This important collection of eight case studies is unified by a central concern to explain the ways in which the export-led industrialization of the four east Asian NICs is tied up with larger questions of political economy. By focusing on such issues as the importance of flexible specialization, the role of authoritarian governments in structuring class relations, and the centrality of global economic and security concerns, this book provides many significant insights regarding the extent to which the "Asian miracle" is likely to be replicated elsewhere in the world."
--RICHARD P. APPELBAUM, Professor of Sociology, University of California at Santa Barbara
"A terrific collection of papers written by some of the region's most innovative specialists. A wide range of topics [are] covered in considerable depth. This book will help put East Asian economies into a new perspective.
--GARY HAMILTON, University of Washington
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