Globalization and East Asia Book Reviews

Globalization and East Asia by Erdener Kaynak & Khosrow Fatemi Book Summary

Learn to apply the strategies used in East Asia’s phenomenal economic expansion

The phenomenal economic growth of many countries in East Asia has no historic parallel. Globalization and East Asia: Opportunities and Challenges examines different aspects of the economic performance of the region over the past three decades, with a focus on what it takes to replicate the experience elsewhere. Nineteen of the finest presentations from the 12th International Conference of the International Trade and Finance Association in Bangkok, Thailand, have been carefully selected and revised by their expert authors, providing powerful, practical economic development approaches that can be used to develop other economies.

This comprehensive volume presents an insightful four-part view of the intricate economic workings of East Asia. The first part introduces the distinctive qualities of the policies that sparked economic growth and development. Part two provides comparative studies of different countries and industries in the region and an in-depth study of the East Asian area over the past fifty years. Part three presents sector specific studies within several countries, focusing on international finance. The fourth part spotlights important industry-specific elements and explores the future of globalization in relation to its effects on East Asia. Each chapter is extensively referenced, and several use tables and charts to clearly reinforce crucial points.

Globalization and East Asia includes topics such as:
the characteristics of East Asian economic growth—and how other areas will benefit
the rapid economic growth of the region since the end of World War II
an evaluation of efficiency and leveraging of assets comparing the United States and the Four Dragon (FD) industries
structural weaknesses within Asian countries
trade flows between the United States and Thailand— a bilateral study
the progress of APEC’s environmental cooperation
financial resource flows during the 1990s
Malaysian financial markets and the Asian financial crisis
China’s economic transition and exchange rate policies
the use of dual production theory as a model in the world economy
Thailand’s telecommunications sector—and how it provides illustration for other sector specific industries in developing countries
development of bilateral trade negotiations between the United States and Vietnam
the status of United States apparel imports

Globalization and East Asia is important, insightful reading for researchers, scholars, and professionals specializing in regional economics and economic development.

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Globalization and East Asia (Erdener Kaynak & Khosrow Fatemi) Book Reviews 2024

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