Asian model of development : from crises to transformation

Date

2013

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Abstract

This chapter of “International development : ideas, experience and prospects” evaluates the idea of the Asian model of development, the ways it might seem to differ from others, and then considers gaps and further development needs. The chapter reviews the developmental experience in Asia, especially the “tiger” economies, and considers periods of financial crises. It then looks at patterns of development emerging in the wake of crisis, as Asia seeks ways to sustain growth and deal with social, institutional, and other challenges, including efforts to increase and deepen regional economic and financial cooperation.

Description

Pre-print version

Keywords

ASIA, ASEAN COUNTRIES, ECONOMIC CRISIS, DEVELOPMENT MODELS, REGIONAL COOPERATION, NEOLIBERALISM, HONG KONG, SINGAPORE, TAIWAN, SOUTH KOREA, JAPAN, MALAYSIA, THAILAND, INDONESIA, FAR EAST ASIA, INDUSTRIALIZATION, EXPORT ORIENTED INDUSTRIES, DEVELOPMENT THEORY

Citation

DOI