An insightful and thorough exploration of the economies of Asia
In Asian Economies: History, Institutions and Structure, seasoned economist and professor Jamus Jerome Lim provides a comprehensive discussion and incisive analysis of the economies of Asia. In addition to discussing the sharp contrasts between the region’s three major economies - China, India, and Japan - Lim also provides an overview of the rise of the Dragon economies of the East, to the resource-rich economies of the West. The book adopts a unique approach to the treatment of these economies, weaving in aspects of these countries’ economic geography and history, their idiosyncratic institutions and structures, along with providing a comparative and international perspective.
The book offers: - Careful emphasis on the geographic preconditions and enduring legacy of economic history on the contemporary and future prospects of each of the countries and regions discussed within - Examinations of the importance of the political and economic institutions, as well as market and industrial structures, in shaping the trajectories of the economies considered in the book - Discussions of the dramatic differences and similarities between the Asian economies, as well as how these differences shape these economies’ interactions with the rest of the world
Perfect for undergraduate and graduate students of economics, Asian Economies will also earn a place on the bookshelves of business and finance professionals seeking to understand the economies of the world’s most diverse and dynamic region.
In Asian Economies: History, Institutions and Structure, seasoned economist and professor Jamus Jerome Lim provides a comprehensive discussion and incisive analysis of the economies of Asia. In addition to discussing the sharp contrasts between the region’s three major economies - China, India, and Japan - Lim also provides an overview of the rise of the Dragon economies of the East, to the resource-rich economies of the West. The book adopts a unique approach to the treatment of these economies, weaving in aspects of these countries’ economic geography and history, their idiosyncratic institutions and structures, along with providing a comparative and international perspective.
The book offers: - Careful emphasis on the geographic preconditions and enduring legacy of economic history on the contemporary and future prospects of each of the countries and regions discussed within - Examinations of the importance of the political and economic institutions, as well as market and industrial structures, in shaping the trajectories of the economies considered in the book - Discussions of the dramatic differences and similarities between the Asian economies, as well as how these differences shape these economies’ interactions with the rest of the world
Perfect for undergraduate and graduate students of economics, Asian Economies will also earn a place on the bookshelves of business and finance professionals seeking to understand the economies of the world’s most diverse and dynamic region.
Table of Contents
Preface vii
Acknowledgments xiii
Abbreviations xv
Introduction: Asia as a Continent in Flux 1
1 China: The Dragon Awakens, But Will It Roar? 23
2 Japan: Asian Standard- Bearer or Has-Been? 79
3 India: Emerging Giant or Slumbering Elephant? 115
4 Rest of South Asia: Finding Relevance in the Shadow of India 153
5 NIEs: From Zero to Hero, but in Need of a New Economic Model 173
6 Southeast Asia: Can Underachieving Cubs Escape the Middle-Income Trap? 213
7 Central Asia: Crossroads in a Globalized World 255
8 Western Asia: An Economic Arab Spring? 271
Sources of Figures 313
Index 321
