The Development Paths and Strategies of Japan, South Korea, and China—A Comparison

Linda Glawe and Helmut Wagner ()
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Helmut Wagner: University of Hagen

Chapter Chapter 5 in The Economic Rise of East Asia, 2021, pp 243-288 from Springer

Abstract: Abstract This chapter compares the development processes in Japan, South Korea and China presented in detail in the previous chapters. Glawe and Wagner first identify the commonalities in the development of the three countries and elaborate on whether these commonalities justify speaking of a special “East Asian development model”. In order to come to a balanced judgment, the authors also work out in detail the manifold differences between the three countries and their development strategies, including the different starting levels at the beginning of reforms after World War II, the varying driving forces of development, the different political and economic systems, the different strategies regarding the adoption of foreign technologies, as well as differences in the culture, size, geography, institutions, economic/industrial policies, breaks in the development processes, and inequality.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-030-87128-4_5

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DOI: 10.1007/978-3-030-87128-4_5

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