Rethinking Asia's Economic Miracle: The Political Economy of War, Prosperity and Crisis

Description

Was it mere chance that the most successful economies of the second half of the twentieth century were all found in East and Southeast Asia, a region of world consumed by confrontation and conflict? In this important contribution to understanding both the Asian economic miracle and the 1997-8 crisis, Richard Stubbs provides a systematic assessment of the main explanations to date and offers his own original analysis which emphasises the role played by the Cold War and the general geopolitical context.

RICHARD STUBBS is Professor of Political Science, McMaster University, Canada.

'In this important and pioneering text Richard Stubbs shows that the post World War 2 history of East Asia can only be properly explained by bridging what have usually been treated as two separate narratives: a security narrative of war and ideological conflict and an economic narrative of growth and change. Reshaping the field of study, Stubbs poses a fundamental challenge to those employing narrow economic theories and models. This is historical political economy at its very best.' - Richard Higgott, Editor,The Pacific Review