The East Asian Export-Led Industrialization in the Global Economy

Hitoshi Hirakawa ()
Additional contact information
Hitoshi Hirakawa: Nagoya University

Chapter Chapter 7 in The Dynamics of Asian Economic Development, 2024, pp 235-287 from Springer

Abstract: Abstract Today, one of the main areas of interest for the global economy is Asia, especially China. The impetus for China's development can be traced back to the development of Asian Newly Industrializing Economies (NIEs) such as South Korea, Taiwan, Hong Kong, and Singapore in the 1960s. The development of Asia, which began with the development of the NIEs, has spread to the Association of Southeast Asian Nations (ASEAN) countries and China since the late 1980s, and has spread further to South Asia since the turn of the century. How do we explain the economic development in Asia that began with the NIEs? Since the 1970s, different approaches have challenged this question and competed for explanatory power. In this chapter, we will begin by organizing various theoretical approaches related to the economic development of the Asian NIEs and their expansion to East Asia, and confirm the characteristics of their development and their world-historical character in relation to the global economy. In addition, we will discuss the new changes that will occur in this century and their characteristics.

Keywords: NIEs; Innovation; Export-led industrialization; New international division of labor; Neoclassical economics; Non-neoclassical economics (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-3106-0_7

Ordering information: This item can be ordered from
http://www.springer.com/9789819731060

DOI: 10.1007/978-981-97-3106-0_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().