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How Asia Works

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Named by Bill Gates as one of his Top 5 Books of the Year
An Economist Best Book of the Year


In the 1980s and 1990s many in the West came to believe in the myth of an East-Asian economic miracle, with countries seen as not just development prodigies but as a unified bloc, culturally and economically similar, and inexorably on the rise. In How Asia Works, Joe Studwell distills extensive research into the economics of nine countries—Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China—into an accessible, readable narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why some countries have boomed while others have languished. Impressive in scope, How Asia Works is essential reading for anyone interested in a region that will shape the future of the world.

ISBN-13: 9780802121325

Media Type: Paperback

Publisher: Grove/Atlantic - Inc.

Publication Date: 05-20-2014

Pages: 400

Product Dimensions: 5.40(w) x 8.20(h) x 1.20(d)

Joe Studwell is the founder of the China Economic Quarterly. He has worked as a freelance journalist in Asia for nearly two decades. He is the author of The China Dream and Asian Godfathers.

Table of Contents

Author's Note xi

Introduction xiii

Part 1 Land: The Triumph of Gardening 1

Journey 1 Tokyo to Niigata 14

Journey 2 Negros Occidental 34

Part 2 Manufacturing: The Victory of the Historians 71

Journey 3 Seoul to Pohang and Ulsan 108

Journey 4 Across Malaysia 134

Part 3 Finance: The Merits of a Short Leash 167

Journey 5 Jakarta 203

Part 4 Where China Fits In 221

Epilogue: Learning to Lie 267

Notes 273

Bibliography 339

Acknowledgements 351

Index 353