This is a provocative look at what has worked
- & what hasn`t
- in East Asian economics. Until the catastrophic economic crisis of the late 1990s, East Asia was perceived as a monolithic success story. But heady economic growth rates masked the most divided continent in the world
- one half the most extraordinary developmental success story ever seen, the other half a paper tiger. Joe Studwell explores how policies ridiculed by economists created titans in Japan Korea & Taiwan, & are now behind the rise of China, while the best advice the West could offer sold its allies in south-east Asia down the economic river. The first book to offer an Asia-wide deconstruction of success & failure in economic development, Studwell`s latest work is provocative & iconoclastic
- & sobering reading for most of the world`s developing countries. ” How Asia Works” is a must-read book that packs powerful insights about the world`s most misunderstood continent.