In light of the growing global economic importance of East Asia, this
book analyzes and compares the extraordinary development paths and
strategies of Japan, South Korea, and China. It examines both the
factors that enabled these countries' prolonged periods of high-speed
economic growth, and the reasons for their subsequent "cool-downs." In
addition, the book illustrates how their development strategies served
as role models for one another, and what current and future developing
countries can learn from the East Asian success stories. This book will
appeal to scholars and students of economics and development studies
with an interest in the East Asian development model.