The East Asian Development Model: Economic Growth, Institutional Failure and the Aftermath of the Crisis

At the turn of the millennium, there is much discussion about the failure of East Asian capitalism. The East Asian development model, which built the institutional framework of growth in the region, is blamed along with what once was called the Asian miracle. Along with experts with in-depth knowledge of East Asian economies, Frank-Jürgen Richter presents a book that analyzes the East Asian development model. The contributors identify the causes and consequences of the Asian economic crisis, describe the features of economic development throughout the region, and discuss the strategic responses of Asian firms to newly emerging economic environments. The East Asian Development Model is an essential resource for managers, academics, and politicians.