Items related to Economic Growth and Political Change in Asia

Economic Growth and Political Change in Asia - Hardcover

Field, Graham

 
9780333599549: Economic Growth and Political Change in Asia

Synopsis

This book looks at the main factors which have contributed to the strikingly strong growth of Asian economies in the last twenty-five years. It considers the economic policies adopted to promote such growth, arguing that it will become increasingly difficult to sustain this. The author then examines the inequalities generated by economic growth, before considering the dynamics of the four different types of political system which have evolved in Asia: veiled authoritarianism; market Stalinism; emerging bourgeois democracy and elite democracy.

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From the Author

Author comment
This book was published in 1995, but it anticipated in many ways the events that have unfolded since the region's financial crisis began in August 1997. At a time when many other analyses offered scenarios of inlimited expansion, this book sounded a contrarian and cautionary note. Its argument is that Asia's economic growth will experience a variety of constraints and that the political systems of the region had become too inflexible to cope with the pressures created by growth. As such, its analysis has been vindicated by events since 1997. In addition, it looks at the consequences of the growth experienced up to 1995 and describes the negative effects of growth. Unlike many other books on the region, it includes analysis of the Indian sub-continent and points up parallels between South Asian experience and that elsewhere in the region. It also argues that China cannot avoid the disruptive economic and political turmoil that has affected other countries in the region. In all, this book offers an explanatory framework that goes beyond the simplicities of "boundless growth", "crisis" or "recovery".

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