The four Asian dragon economies have been widely studied in the 1990s, as investigations seek to disclose the secret of their rapid growth. Despite this, it is still unclear why other economies which shared the features of the East Asian countries have failed to develop with such 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,...
The four Asian dragon economies have been widely studied in the 1990s, as investigations seek to disclose the secret of their rapid growth. Despite th...
The performance of various types of capital resources in the economic reforms of China are of great interest to those involved in the reforms as policymakers, scholars, and businesspeople. Four major areas of financial development are identified--banking and loans, trade and foreign direct investments, official flows and foreign exchanges, and the stock market. The quality, or efficiency, of the capital resource has not been given equal weight with quantity, as it is difficult to measure the quality of a resource, and because more of a capital resource is generally preferred to less. A...
The performance of various types of capital resources in the economic reforms of China are of great interest to those involved in the reforms as po...
The People's Republic of China has completed the first decade of economic reform with remarkable achievements. At the same time, it is encountering severe economic problems in runaway inflation, crippling shortages, and large trade imbalances. This work uses a macroeconomic framework of development and financial repression theories to examine the PRC's performance. Improvements in the PRC's financial productivity, according to the author, can be achieved if Chinese leaders either (1) relax the real interest rate ceiling to discourage unproductive investment and free financial resources or...
The People's Republic of China has completed the first decade of economic reform with remarkable achievements. At the same time, it is encountering...
Hong Kong has been one of the fastest growing East Asian economies since the end of the Second World War. The adoption and practice of economic freedom have been major pillars in its economic success. This book elaborates on the absolute performance of economic freedom in Hong Kong, the world's freest economy.
Hong Kong has been one of the fastest growing East Asian economies since the end of the Second World War. The adoption and practice of economic freedo...
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.
Taking a conceptual approach, this book studies the economic development of the four East Asian economies since 1950. The author summarizes and recons...
Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and countries with large trade surpluses.
The book illuminates these economic implications and consequences through a framework of capitalist ideologies and concepts, recognizing that Asia is redefining capitalism today. The author, Li,...
Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globaliz...
