Capitalist Development and Economism in East Asia: The Rise of Hong Kong, Singapore, Taiwan and South Korea (Routledge Studies in the Growth Economies of Asia)

Taking a conceptual approach, this book studies the economic development of the four East Asian economies since 1950. The author summarizes and reconsiders many of the arguments and findings that supported and explained the economic 'miracles' of Hong Kong, Singapore, Taiwan and South Korea, analysing the relationship between economic development, growth and political economy. This pioneering book will stimulate further analysis of East Asian development. It will be of essential interest to scholars in East Asian economics, and all those interested in modern economic development. The Four Asian Dragon Economies Have Been Widely Studied In Recent Years, As Investigations Seek To Disclose The Secret Of Their Rapid Growth. Despite This, It Is Still Unclear Why Other Economies That Shared The Features Of The East Asian Countries Have Failed To Develop With Similar Speed And Success. Taking A Conceptual Approach, This Book Studies The Economic Development Of The Four East Asian Economies Since 1950. The Author Summarizes And Reconsiders Many Of The Arguments And Findings That Supported And Explained The Economic Miracles Of Hong Kong, Singapore, Taiwan, And South Korea, Analyzing The Relationship Between Economic Development, Growth, And Political Economy. The Paradigm Provides A Conceptual Framework For The Discussion And Understanding Of The Dragon Economies, As Well As A Guide For The Development Of Other Economies. This Pioneering Book Will Stimulate Further Analysis Of East Asian Development. It Will Be An Essential Read For Scholars Of East Asian Economics, And For All Those Interested In Modern Economic Development.--jacket. 1. Economism And Development -- 2. The Expansion Of The East Asian Economic Pie -- 3. Growth, Inequality, And The Survival Cost -- 4. Economic Fertilizer And The Government -- 5. The External Dimension: A Necessary Condition -- 6. The Law Of First Opportunity In Economic Growth -- 7. Economism And Political Regimes -- 8. The Asian Financial Crisis -- 9. A Challenge To Economism: Hong Kong's Sovereignty Reversion -- 10. Asia Is No Miracle. Kui-wai Li. Includes Bibliographical References (p. [272]-296) And Index. Book Cover......Page 1 Title......Page 4 Contents......Page 5 List of figures......Page 13 List of tables......Page 14 Preface......Page 17 Economism and development......Page 20 The expansion of the East Asian economic pie......Page 39 Growth, inequality, and the survival cost......Page 72 Economic fertilizer and the government......Page 99 The external dimension: a necessary condition......Page 131 The law of first opportunity in economic growth......Page 169 Economism and political regimes......Page 196 The Asian financial crisis......Page 219 A challenge to economism: Hong Kong's sovereignty reversion......Page 248 Asia is no miracle......Page 279 Notes......Page 287 Bibliography......Page 291 Index......Page 316 The post-World War II economic development of the four East Asian economies of the Hong Kong Special Administrative Region (Hong Kong), Chinese Taipei (Taiwan), Singapore, and South Korea has shown a distinctive pattern.