Introduction

Cook, I, Doel, MA, Li, RYF and Wang, Y (2018) Introduction. Dynamic Asia: Business, Trade and Economic Development in Pacific Asia, 2 (2015). pp. 1-11.

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Abstract

It is something of a commonplace to suggest that Pacific Asia is characterized by enormous dynamism and relentless transformation, metamorphoses which touch virtually every domain, from the routine practices that sustain the home to the macro-economic policy o f governments. Whilst there is much scholarly debate on the explanations for the economic ‘miracle’ in the region (Appelbaum and Henderson, eds, 1992; Berger and Hsiao, eds, 1988; Haggard, 1990; Wade, 1990), the experience of Pacific Asian countries is generally looked upon as a model of development for other Third World countries to follow (World Bank, 1993). However, the achievement of rapid growth in Asia is not without its costs - social, economic, and environmental costs which have serious domestic, regional and global implications. Despite the huge economic progress made by many Asian countries over the past few decades, there are severe problems, such as environmental degradation, economic inequality, social instability, political uncertainty, which may threaten the continued growth of the region (Berger and Borer, eds, 1997). More fundamentally, scholars and analysts are beginning to question whether the economic growth in Pacific Asia can be sustained because of substantial institutional and structural constraints (Krugman, 1994; Lingle, 1996; Walton, 1997).

Item Type:	Article
Additional Information:	Recommended citation: Roland Clark, “Introduction,” Germina Veris, 2 (2015): 1-4.
Depositing User:	Symplectic Admin
Date Deposited:	09 May 2019 12:58
Last Modified:	19 Jan 2023 00:46
DOI:	10.4324/9780429461248-9
Related URLs:	Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3040454