Industrialization And Challenges In Asia
by Kankesu Jayanthakumaran /
2016 / English / PDF
9.6 MB Download
This book provides a much-needed review of Asia’s economic growth
and its challenges in the context of post-war
industrialization. In the early 1990s, the World Bank (1993)
recognized eight high-performing Asian economies (HPAEs) (Japan,
the Asian tigers, Indonesia, Malaysia and Thailand) and named
them the ‘Asian economic miracle’. In the recent past, the term
‘emerging economies’ has been widely used to refer to the
high-growth economies, and includes China, India, Mongolia and
Vietnam. In this rush towards high growth, the adverse effects of
industrialization are widespread, but were unnoticed. The major
challenge is to bring together a comprehensive picture of Asia’s
growth, taking into account the adverse consequences. Finally,
this book examines two challenges for the future of Asia's
development: the global financial crisis and urban poverty and
inequality.
This book provides a much-needed review of Asia’s economic growth
and its challenges in the context of post-war
industrialization. In the early 1990s, the World Bank (1993)
recognized eight high-performing Asian economies (HPAEs) (Japan,
the Asian tigers, Indonesia, Malaysia and Thailand) and named
them the ‘Asian economic miracle’. In the recent past, the term
‘emerging economies’ has been widely used to refer to the
high-growth economies, and includes China, India, Mongolia and
Vietnam. In this rush towards high growth, the adverse effects of
industrialization are widespread, but were unnoticed. The major
challenge is to bring together a comprehensive picture of Asia’s
growth, taking into account the adverse consequences. Finally,
this book examines two challenges for the future of Asia's
development: the global financial crisis and urban poverty and
inequality.