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Asian
Development
Economic Success and
Policy Lessons
William E. James, Seiji Naya, and Gerald M. Meier
"As its title implies, this extremely useful book not only
surveys the development of the Asian economies, but also celebrates
their overall success, drawing out the lessons of the leaders
for the laggards. The countries surveyed are classified into
three groups: the NICs (Hong Kong, Singapore, Korea, and Taiwan),
the ASEAN four (Indonesia, Malaysia, Phillipines, and Thailand)
and low-income South Asia (Bangladesh, Burma, India, Nepal, Pakistan,
and Sri Lanka). The authors' objective is to discover why some
countries have been more successful than others."—Peter
Lawrence, Economic Journal
"The stated purpose of this book is
to provide an appraisal 'of the unprecedented economic development
record of the countries of Asia.' The three authors, who are
highly qualified as both scholars and development practitioners,
have accomplished their task in an admirable fashion."—Choice
While the world's attention has been focused
on the spectacular economic success of Japan and Korea, the less
developed countries of Asia have often been neglected. Asian
Development closes the gap. In nontechnical style and with
minimal mathematics, it presents an in-depth perspective on the
economic development of fourteen countries in East, Southeast,
and South Asia.
Asian Development is mainly a story of success. Though
some problems remain, Asian countries have shown remarkable resilience
in responding to sharp changes in the international economy—oil
shocks, world recession and inflation, exchange-rate and interest-rate
fluctuations, and rapid technological change. The authors conclude
that their ability to adjust to changing external conditions
is closely related to intelligent governmental policies. Looking
back they comment: "In the past, growth of the United States
and Japan pulled up the growth rates of the smaller economies
in the region." Looking forward, they predict: "In
the future, increasingly it will be the growth of the Asian developing
countries that acts as a catalyst to growth in the more advanced
economies."
"A very good book; interesting, important,
and useful. It is an excellent beginning of comparative analysis
of Asian development."—Benjamin Higgins, Bulletin
of Indonesian Economic Studies
William E. James is research associate at the East-West
Center and professor of economics, University of Hawaii. Seiji
Naya, chair of the Department of Economics at the University
of Hawaii, has served as chief economist at the Asian Development
Bank in Manila. Gerald M. Meier is the Konosuke Matsushita
Professor of International Economics and Policy Analysis at Stanford
University.
Media & bookseller inquiries regarding review copies, events, and interviews can be directed to the publicity department at publicity@uwpress.wisc.edu or (608) 263-0734. (If you want to examine a book for possible course use, please see our Course Books page. If you want to examine a book for possible rights licensing, please see Rights & Permissions.) |
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June 1988
LC: 88-040191 HC
281 pp. 5 7/8 x 9
52 tables, 13 figs.
The cloth edition, ISBN 978-0-299-11780-1, is out of print, but the paperback is still available.
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