Challenging the prevailing wisdom on Asia’s “miracle economies,” Dragons in Distress argues that South Korea, Taiwan, and Singapore are headed for crisis. Writing for a diverse audience, Walden Bello and Stephanie Rosenfeld lead their readers on an exploration of the different dimensions of this crisis: environmental degradation, agriculture on the road to extinction, deteriorating labor-management relations, eroding political legitimacy, and deepening structural fissures in the industrial economy.Showing how these problems stem from the dynamics of the model of high speed, export-oriented industrialization, they suggest strategies to surmount the unfolding crisis and open up the path to equitable and ecologically sustainable development. The first comprehensive critique of the “Newly Industrialized Countries” (NICs) paradigm, this book is a very welcome antidote to the usual uncritical celebration of the “dragon” or “tiger” economies.

Dragons in Distress - Asia's Miracle Economies in Crisis

Business & Money

Walden Bello and Stephanie Rosenfeld

Stephanie Rosenfeld

Economics

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Books by Stephanie Rosenfeld

See the best price to sell, buy, or rent books by Stephanie Rosenfeld. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Dragons in Distress - Asia's Miracle Economies in Crisis