A search for robust East Asian development models after the financial crisis: Mutual learning from East Asian experiences
- Authors
- Ahn, C.Y.
- Issue Date
- Sep-2001
- Keywords
- Advantages of backwardness; Asian financial crisis; Asian values; Chaebol; F34; FDI; Industrial development; Mutual learning; O16; O19; O53; SMEs
- Citation
- Journal of Asian Economics, v.12, no.3, pp 419 - 443
- Pages
- 25
- Journal Title
- Journal of Asian Economics
- Volume
- 12
- Number
- 3
- Start Page
- 419
- End Page
- 443
- URI
- https://scholarworks.bwise.kr/cau/handle/2019.sw.cau/47330
- DOI
- 10.1016/S1049-0078(01)00095-1
- ISSN
- 1049-0078
- Abstract
- The purpose of this paper is to search for new robust East Asian economic development models following the financial crisis. Specifically, this paper addresses both robustness and sustainability of Korea's Chaebol-led model, Taiwan's SMEs-led model, and Malaysia's FDI-led model, respectively. East Asia's new development paradigm can be reformulated not only by adopting and learning advanced financial innovations of global standards in the framework of Gershenkron's advantages of backwardness, but also in the concept of mutual learning from both strengths and weaknesses of development models of the three countries. East Asia has neglected too long some inherent wisdoms that are contained in its miracle models, yet it shows that their different paths to development may lead to a positive policy convergence. © 2001 Elsevier Science Inc.
- Files in This Item
- There are no files associated with this item.
- Appears in
Collections - Graduate School of International Studies > International Studies Program > 1. Journal Articles
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.