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How Asia Works

Success And Failure In The World's Most Dynamic Region

By Joe Studwell

In the 1980s and 1990s many in the West came to believe in the myth of an East-Asian economic miracle. Japan was going to dominate, then China. Countries were called “tigers” or “mini-dragons,” and were seen as not just development prodigies, but as a unified bloc, culturally and economically similar, and inexorably on the rise.

Joe Studwell has spent two decades as a reporter in the region, and The Financial Times said he “should be named chief myth-buster for Asian business.” In How Asia Works, Studwell distills his extensive research into the economies of nine countries—Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China—into an accessible, readable narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why some countries have boomed while others have languished.

Studwell’s in-depth analysis focuses on three main areas: land policy, manufacturing, and finance. Land reform has been essential to the success of Asian economies, giving a kick start to development by utilizing a large workforce and providing capital for growth. With manufacturing, industrial development alone is not sufficient, Studwell argues. Instead, countries need “export discipline,” a government that forces companies to compete on the global scale. And in finance, effective regulation is essential for fostering, and sustaining growth. To explore all of these subjects, Studwell journeys far and wide, drawing on fascinating examples from a Philippine sugar baron’s stifling of reform to the explosive growth at a Korean steel mill.

Thoroughly researched and impressive in scope, How Asia Works is essential reading for anyone interested in the development of these dynamic countries, a region that will shape the future of the world.

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ISBN

080211959X


Format: Book
Author: Studwell, Joe
Summary: A provocative look at what has worked - and what hasn't - in East Asian economics. It explores how policies ridiculed by economists created titans in Japan Korea and Taiwan, and are now behind the rise of China, while the best advice the West could offer sold its allies in south-east Asia down the economic river.
Title: How Asia works : success and failure in the world's most dynamic region / Joe Studwell.
Publisher Date: New York : Grove Press, c2013.
Subject: Economic development -- Asia. Asia -- Economic conditions -- 21st century. Asia -- Commerce.
Isbn: 080211959X 9780802119599
Current Holds: 0
System Items Available: 0
System Items Total: 1
Call Number: 330.95 Stu
Oclc: 818414953
Upc:
Bib Id: 441927

Format: Book
Author: Studwell, Joe
Summary: A provocative look at what has worked - and what hasn't - in East Asian economics. It explores how policies ridiculed by economists created titans in Japan Korea and Taiwan, and are now behind the rise of China, while the best advice the West could offer sold its allies in south-east Asia down the economic river.
Title: How Asia works : success and failure in the world's most dynamic region / Joe Studwell.
Publisher, Date: New York : Grove Press, c2013.
Description: xxviii, 366 p. ; 24 cm.
Subjects: Economic development -- Asia.
Subjects: Asia -- Economic conditions -- 21st century.
Subjects: Asia -- Commerce.
Notes: Originally published: London : Profile, 2013.
Notes: Includes bibliographical references (p. 339-350) and index.
Contents: Pt. 1. Land : the triumph of gardening. Journey 1: Tokyo to Niigata ; Journey 2: Negros occidental -- pt. 2. Manufacturing : the victory of the historians. Journey 3: Seoul to Pohang and Ulsan ; Journey 4: Across Malaysia -- pt. 3. Finance : the merits of a short leash. Journey 5: Jakarta -- pt. 4. Where China fits in -- Epilogue: Learning to lie.
ISBN: 080211959X
ISBN: 9780802119599
Requests: 0
Available Copies: 0
Total Copies: 1
Call Number: 330.95 Stu