Description

The newly industrializing countries (NICs) of East Asia have undergone rapid economic expansion over the past twenty vears. Unlike NICs elsewhere in the Third World, those in the Pacific basin-South Korea, Taiwan, Singapore, and Hong Kong-have managed to achieve almost full employment, a relatively egalitarian distribution of income, and the virtual elimination or poverty. In this collection of essays, nine development specialists explore the Asian NICs' exceptional ability to capitalize on the favorable economic environment of the 1960s and then to adapt flexibly to worsening conditions in the 1970s and 1980s.

The Political Economy of the New Asian Industrialism

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Paperback / softback by Frederic C. Deyo

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The newly industrializing countries (NICs) of East Asia have undergone rapid economic expansion over the past twenty vears. Unlike NICs... Read more

    Publisher: Cornell University Press
    Publication Date: 25/03/1987
    ISBN13: 9780801494499, 978-0801494499
    ISBN10: 0801494494

    Number of Pages: 254

    Non Fiction , Business, Finance & Law

    Description

    The newly industrializing countries (NICs) of East Asia have undergone rapid economic expansion over the past twenty vears. Unlike NICs elsewhere in the Third World, those in the Pacific basin-South Korea, Taiwan, Singapore, and Hong Kong-have managed to achieve almost full employment, a relatively egalitarian distribution of income, and the virtual elimination or poverty. In this collection of essays, nine development specialists explore the Asian NICs' exceptional ability to capitalize on the favorable economic environment of the 1960s and then to adapt flexibly to worsening conditions in the 1970s and 1980s.

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