East Asian Studies: Economics

Vivek Chibber, Doug Guthrie

Research output: Chapter in Book/Report/Conference proceedingChapter


This article provides a comparative analysis of the dynamics and challenges of East Asian economies. These economies have undergone a radical transformation since the early 1970s that have shifted the balance of power both within the region and in the global economy more broadly. The first major change that characterizes this period is the rise of the newly industrial economies of Taiwan, South Korea, Singapore, and Hong Kong. The second major change has been the transformation of China's planned economy. The successes in various development projects in these economies have been tempered by economic challenges in the region, namely that of Japan in the 1990s, the Asian financial crisis of 1997, and the considerable challenges still facing the Chinese reform effort, all of which have shown the vulnerabilities of this regional economy.

Original languageEnglish (US)
Title of host publicationInternational Encyclopedia of the Social & Behavioral Sciences: Second Edition
PublisherElsevier Inc.
Number of pages5
ISBN (Electronic)9780080970875
ISBN (Print)9780080970868
StatePublished - Mar 26 2015
Externally publishedYes


  • Commodity chains
  • Development and the state
  • Development theory in geography
  • Development, economics of
  • Development: rural development strategies
  • Development: socioeconomic aspects
  • East Asia
  • East Asian studies: culture
  • East Asian studies: politics
  • East Asian studies: society
  • Economic development
  • Economic development and women
  • Globalization: geographical aspects
  • Globalization: political aspects
  • Industrialization
  • Modernization
  • Post-socialism
  • World systems theory

ASJC Scopus subject areas

  • General Social Sciences


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