Introduction—Why Finance and Growth in Asia Still Matter

Amar Anwar () and Ichiro Iwasaki
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Amar Anwar: Cape Breton University, Shannon School of Business

Chapter 1 in Meta-Analysis of Finance and Growth in Asia, 2025, pp 1-12 from Springer

Abstract: Abstract Asia’s economic ascent over the past five decades is among the most significant transformations in modern development history. From Japan’s early industrial ascent and the rise of the Four Asian Tigers to China’s scale-driven industrialization and India’s services-led surge, the region’s experience has challenged conventional development theories. Across these varied trajectories, one constant has been the role of finance. Financial systems—whether bank-based, market-led, state-directed, or digitally driven—have both enabled and mirrored broader economic transitions.

Date: 2025
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DOI: 10.1007/978-3-032-10219-5_1

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