| Asian Economic Recovery: Policy Options for Growth & Stability Contributor(s): Tan, Kong Yam (Editor) |
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ISBN: 9971692570 ISBN-13: 9789971692575 Publisher: Singapore University Press OUR PRICE: $53.20 Product Type: Paperback Published: April 2002 Annotation: The traditional Asian economic model was characterized by the strategy of state-directed, rapid industrial catching-up. The economic crisis of 1997-1998 exposed the cracks in this model, and in many cases raised questions about the economic and political structures that were meant to sustain growth going forward. This collection addresses the questions raised, and the policy options faced by the nations of Asia, as they seek recovery, and seek to adjust their models for economic growth. |
| Additional Information |
| BISAC Categories: - Political Science | Public Policy - Economic Policy - Political Science | Political Economy - Business & Economics | Development - Economic Development |
| Dewey: 332.095 |
| LCCN: 2002283645 |
| Physical Information: 0.66" H x 5.7" W x 8.62" (0.85 lbs) 308 pages |
| Themes: - Cultural Region - Asian |
| Descriptions, Reviews, Etc. |
| Publisher Description: The traditional Asian economic model was characterised by the strategy of state-directed, rapid industrial catching-up. The first-growth period for Japan was 1953-73, while that for the NIEs (Korea, Taiwan, Hong Kong and Singapore) was 1966-86. Between 1987 and 1996, prior to the Asian financial crisis, there was indication that Southeast Asia and coastal China had been replicating the same Asian economic model. While showing a considerable degree of success, the developmental model has its shortcomings, and the financial crisis in 1997-98 exposed the flaws in the economic and political structure. However, with IMF financial assistance, steady improvement in the trade balance, rising foreign reserves, and gradual corporate and banking restructuring, economic recovery began to take place in 1999 and 2000.This book is a collection of papers presented at the Conference on "Asia in Economic Recovery: Policy Options for Growth and Stability", organised by the Institute of Policy Studies, Singapore, in June 1999. It discusses the issues and policy options regarding Asia's economic recovery. |