Economic View of East Asia

Paper Summary:

In this article, the writer explains the East Asian response to globalization in growth centered economics to the expense of previous nationalist development schemes. The writer discusses Asia including Southeast Asian powers in approaches that have the same defects in creating dual economies of unaddressed poverty, and potential instability. The writer points out that the myth of Asian unity and progress is deterred by important historical realities involving China, Japan and also, American policy objectives. The writer makes use of various scholarly references, some NGO materials and journalism.

From the Paper:

"The capitalism of globalization is changing the politics of national development in East Asia, in a direction not expected. When East Asian links to the Southeast Asian nations are examined, too, one is able to see something close to an Asian regional empire. As this paper explains, summaries that examine only economic matters fail to show how East Asian nationalism involves threads of history that are ongoing sources of conflict with neighbors that, at the moment, are discussed as allies in producing regional growth. In fact, it is a large error to speak of East Asian and other Asian unity, for reasons that are explained below."

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• Analytical Essay # 4876 : "The World Bank's Report on "The East Asian Miracle"

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