The Political Economy of the New Asian Industrialism

Know about the book -

The Political Economy of the New Asian Industrialism is written by Frederic C. Deyo and published by Cornell University Press. It's available with International Standard Book Number or ISBN identification 1501723766 (ISBN 10) and 9781501723766 (ISBN 13).

The newly industrializing countries (NICs) of East Asia have undergone rapid economic expansion over the past twenty vears. Unlike NICs elsewhere in the Third World, those in the Pacific basin-South Korea, Taiwan, Singapore, and Hong Kong-have managed to achieve almost full employment, a relatively egalitarian distribution of income, and the virtual elimination or poverty. In this collection of essays, nine development specialists explore the Asian NICs' exceptional ability to capitalize on the favorable economic environment of the 1960s and then to adapt flexibly to worsening conditions in the 1970s and 1980s.