Gespeichert in:
Titel: | The economic rise of East Asia development paths of Japan, South Korea, and China |
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Von: |
Linda Glawe, Helmut Wagner
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Person: |
Glawe, Linda
Verfasser aut Wagner, Helmut 1951- |
Hauptverfassende: | , |
Format: | Buch |
Sprache: | Englisch |
Veröffentlicht: |
Cham, Switzerland
Springer
[2021]
|
Schriftenreihe: | Contributions to economics
|
Notation: | QG 800 |
Schlagwörter: | |
Medienzugang: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=033075320&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
Umfang: | x, 350 Seiten Illustrationen |
ISBN: | 9783030871277 3030871274 |
Internformat
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Datensatz im Suchindex
DE-BY-UBR_call_number | 40/QG 800 G552 |
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DE-BY-UBR_katkey | 6495562 |
DE-BY-UBR_location | UB Lesesaal Wirtschaft |
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adam_text | Contents 1 Introduction.............................. Appendix......................................................................................................... References....................................................................................................... 2 Japan’s Catching-Up Process.......................................................... 2.1 Introduction......................................................................................... 2.2 Historical Roots: Edo Period (1603-1868) and Meiji Period (1868-1912) ............................................................................... 2.3 Increasing Militarization and Aggressive Expansionism (1912-1945).............................. 2.4 Post-war Period: Reforms Under American Occupation (1945-1952)......................................................................................... 2.5 The Period of High Economic Growth:Mid-1950s-1973 .............. 2.5.1 The 1950s Booms and the Income DoublingPlan........... 2.5.2 Factors Driving Economic Growth .......................... 2.5.3 Industrial Policy.................................................................... 2.5.4 Monetary Policy.................................................................... 2.5.5 Trade Liberalization............................................................. 2.6 Beginning Growth Slowdown in the1970s..................................... 2.6.1 Major Determinants of the GrowthSlowdown .. ........... 2.6.2 Macroeconomic Policy Patterns and Performance............ 2.7 Japan’s Lost Two
Decades............................................................... 2.8 Abenomics (2013-2020)................ References....................................................................................................... 3 South 3.1 3.2 3.3 Korea’s Catching-Up Process........................................................ Introduction . ....................................................................................... Historical Roots and Development Prior to 1945 .......................... The 1950s: Post-war Reconstruction............................................... 3.3.1 Import Substitution Policy.................... ............................. 3.3.2 Foreign Aid Dependence.................................................... 3.3.3 Corruption............................................................................. 1 12 12 15 17 19 24 26 30 30 31 33 35 35 38 38 40 42 53 58 67 69 74 75 76 77 77 vii
viii Contents 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.3.4 Land Reform........................................................................ 3.3.5 Educational Reform............................................................. The Second Republic (1960-1961).......................................... Foundation Building and Export Promotion of the 1960s Under the Park Administration........................................................ 3.5.1 Export Expansion.................................................................. 3.5.2 Foreign Exchange Rate Reforms (1961-1965)................. 3.5.3 Reducing the Savings-Investment Gap to Increase Exports.................................................................................. 3.5.4 Currency Reform of 1962.................................................... 3.5.5 Interest Rate Reform of 1965 ............................................. 3.5.6 External Capital Sources...................................................... Heavy and Chemįcal Industrialization (HCI) Drive in the 1970s............................................................ 3.6.1 HCI Plan.............................................. 3.6.2 Impact of the Reforms......................... 3.6.3 HCI and the Rise of the Chaebol...................................... 3.6.4 Evaluation of the HCI Drive................ 3.6.5 The Role of Japan............................................................... Macroeconomic Imbalances at the Turn of the 1980s and Stabilization Measures ................................................................ 3.7.1 Main Factors of the
Slowdown.......................................... 3.7.2 Stabilization Measures........................................................ 3.7.3 The “Three Lows”............................................................... 3.7.4 Transition to Democracy...................................................... Kim Administration: Globalization, Liberalization, and Promotion of High-Technology Innovation............................ 3.8.1 Financial Liberalization.............................. 3.8.2 Capital Account Liberalization ........................................... 3.8.3 Liberalization and Chaebols—A Capital Structure and Maturity Structure Mismatch...................................... 3.8.4 Technology Development.................................................... The 1997 Financial Crisis and Its Aftermath................................. 3.9.1 IMF Bailout........................................................................... 3.9.2 Tight Monetary and Fiscal Policies............................ 3.9.3 Structural Reforms of Four Sectors................................... 3.9.4 Back to Normal?.................................................................. The Global Financial Crisis.................................................... 3.10.1 The First Phase of the 2008 Crisis . ................................. 3.10.2 The Second Phase of the Crisis.......................................... 3.10.3 What Helped in the GFC: Lessons Learnt from the AFC and Crisis Recovery................................. . 78 79 80 81 82 84 85 86 86 87 88 90 93 96 98 100 101 101 101 106 107
108 108 109 109 113 114 115 116 117 121 122 122 125 129
Contents 4 5 ix Appendix.................................. References ....................................................................................................... 133 135 The Rise of China......................... 4.1 Introduction........................................................................................ 4.2 Historical Roots....................................................................... 4.3 The Republic of China (1927-1949) and the Centrally Planned Economy Under Mao Zedong (1949-1978)................................... 4.4 Phase of Market-Seeking Reforms (1978-1992/3).......................... 4.4.1 Agricultural Reforms.......................................................... 4.4.2 The Reform of the Township and Village Enterprises (TVEs).................................................. 4.4.3 Reform of State-Owned Enterprises (SOEs)..................... 4.4.4 Fiscal Reform.................... 4.4.5 Foreign Trade Reform........................................................ 4.4.6 Foreign Direct Investment (FDI).............................. .. ... 4.4.7 Financial Reform......... ....................................... 4.5 Phase of Market-Building Reforms Starting from 1992/3 ...... 4.5.1 Enhanced Reform of State-Owned Enterprises (SOEs) ....................... 4.5.2 Fiscal Reforms—Tax System Modernization ................... 4.5.3 Increased Liberalization—China Becomes a WTO Member.................................................................... 4.5.4 Accelerated FDI Reforms................................................... 4.5.5
Accelerated Financial Reforms......... ................................ 4.6 Reform Slowdown After 2003 (and the Transition to the Xi Jinping Era)........................................................................ 4.6.1 Tackling Social Problems................................................... 4.6.2 The Return of Industrial Policy.......................................... 4.6.3 Toward the “Xi-Strategy”.................................................... References................................ 143 145 151 The Development Paths and Strategies of Japan, South Korea, and China—A Comparison................ 5.1 Introduction................................................................... 5.2 Similarities......................... 5.2.1 The Idea of an East Asian Development Model.............. 5.2.2 Characteristics of the East Asian Development Model . . 5.2.3 Reform Strategies and Sequencing—What Has South Korea Learned from Japan? What Has China Learned from South Korea and Japan?............................................. 5.3 Differences........................................................................................... 5.3.1 The Varying Initial Levels of Development (After World War П)........................................................... 155 158 159 165 170 174 177 185 188 191 192 195 198 204 211 219 220 226 230 231 243 243 244 244 245 248 253 253
x Contents 5.3.2 5.3.3 The Varying Driving Forces of Development. ................. Varying Political Systems and the Rise of Democracy.............................................. 5.3.4 Varying Economic Systems/Industrial Structure.............. 5.3.5 Varying Development Strategies—Learning from Foreign Technology.................................................... 5.3.6 Cultural Aspects.................................................................... 5.3.7 Country Size......................................................................... 5.3.8 Geographical Differences.................................................... 5.3.9 Institutional Quality........................................................ .. . 5.3.10 Economic/Industrial Policies............................................... 5.3.11 Breaks in the Development Process................................... 5.3.12 Inequality................................................................. 5.3.13 Implications and Summary.................. 5.4 Conclusions......................................................................................... Appendix......................................................................................................... References............................................................................................. ......... 256 257 263 265 266 271 272 275 278 278 279 281 282 283 284 6 Current Challenges........................................... ............................. 289 6.1 Introduction: Where DoesEast Asia StandToday?............................. 289 6.2
Recent Policy Course in Japan, South Korea, and China (in Period 2010-2020, AfterGlobalFinancial Crisis)...................... 295 6.3 Challenges (for This and theNextDecade/s).................................... 298 6.3.1 General (Common) Challenges (Structural Change in a Wider Sense): Demographic, Climate, Digital, and Cultural Change............................................................. 300 6.3.2 Specific Current East Asian Challenges: Financial Crises, System Competition, and Strained International Relations................................... 317 6.3.3 Specific Challenges in Individual East Asian Countries................................................................................ 331 6.4 Who Will Be the Next China (Success Model Country) in Asia?........................................................................................... .. . 335 6.4.1 India....................................................................................... 335 6.4.2 Vietnam.................................................................................. 336 Appendix.......................................................................................................... 337 References....................... 338 7 Conclusions..................................................................................................... References....................................................................................................... 343 350
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author | Glawe, Linda Wagner, Helmut 1951- |
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id | DE-604.BV047691320 |
illustrated | Illustrated |
indexdate | 2024-12-20T19:26:19Z |
institution | BVB |
isbn | 9783030871277 3030871274 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033075320 |
oclc_num | 1295829693 |
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owner | DE-355 DE-BY-UBR |
owner_facet | DE-355 DE-BY-UBR |
physical | x, 350 Seiten Illustrationen |
publishDate | 2021 |
publishDateSearch | 2021 |
publishDateSort | 2021 |
publisher | Springer |
record_format | marc |
series2 | Contributions to economics |
spellingShingle | Glawe, Linda Wagner, Helmut 1951- The economic rise of East Asia development paths of Japan, South Korea, and China |
title | The economic rise of East Asia development paths of Japan, South Korea, and China |
title_auth | The economic rise of East Asia development paths of Japan, South Korea, and China |
title_exact_search | The economic rise of East Asia development paths of Japan, South Korea, and China |
title_full | The economic rise of East Asia development paths of Japan, South Korea, and China Linda Glawe, Helmut Wagner |
title_fullStr | The economic rise of East Asia development paths of Japan, South Korea, and China Linda Glawe, Helmut Wagner |
title_full_unstemmed | The economic rise of East Asia development paths of Japan, South Korea, and China Linda Glawe, Helmut Wagner |
title_short | The economic rise of East Asia |
title_sort | the economic rise of east asia development paths of japan south korea and china |
title_sub | development paths of Japan, South Korea, and China |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=033075320&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT glawelinda theeconomicriseofeastasiadevelopmentpathsofjapansouthkoreaandchina AT wagnerhelmut theeconomicriseofeastasiadevelopmentpathsofjapansouthkoreaandchina |
Inhaltsverzeichnis
UB Lesesaal Wirtschaft
Signatur notieren und vor Ort nutzen oder für zwei Wochen ausleihenSignatur: | 40 QG 800 G552 |
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Exemplar 1 | entleihbar Vorhanden |