Asian Economic Systems provides readers with a crisp analytic framework, concepts and narrative highlighting contemporary Asia's systemic diversity. The framework facilitates insightful comparison with the western neoclassical ideal. This method allows students to easily appreciate the special virtues of various Asian economic systems, and compare them with those offered in the west. This objective is buttressed with background material on Asian economic history where appropriate, together with basic data on Asian and global economic performance to help students integrate concepts with experie
Preface; About the Author; Acknowledgments; Contents; Instructional Guidance; Figures and Tables; Introduction; The Asian Moment; PART I: Universal Economy; Chapter 1: Economics and Economic Systems; Economic Behavior; Economic Systems; Modernization; Inclusive Systems; Democratic Competitive Ideal; Pareto Efficiency; Disequilibrium Adjustment Mechanism; Paternalist Sovereignty; Authoritarian Sovereignty; Cultural Sovereignty; Review; Questions; Appendix 1.1 Bergsonian Social Welfare Functions; PART II: Asian Economy; Chapter 2: Contemporary Asia; Yesterday's Asia; Today's Asia Tomorrow's AsiaReview; Chapter 3: Asian Economic Governance; Four Sovereigns; Asian Communism; Confucianism; Communalism; Buddhism; Review; Questions; Chapter 4: Asian Economic Performance 1500-2010; PART III: Core Asian Systems Communism; Chapter 5: North Korea; Communist Command Economy; Reform; Review; Questions; Exercises; Chapter 6: Market Communism: China and Southeast Asia; Chinese and Southeast Asian Command Communism 1950-1978; Market Communism: First Phase 1978-1989; Market Communist: Second Phase 1992-Present; Sources of Success; Market Communist: Third Phase? Southeast Asian Market CommunismVietnam; Laos and Cambodia; Review; Questions; Exercises; Confucianism; Chapter 7: Taiwan, Singapore, Hong Kong and South Korea; Contemporary Confucian Economic Systems; Confucianism; Confucian Rejuvenation; Trajectory; Taiwan; South Korea; Singapore and Hong Kong; Future Shock; Review; Questions; Exercises; Communalism; Chapter 8: Japan; Japan's Communalist Economic System; Communalism; Shame and Guilt; Consensus Building; Pareto Inefficiency; Social Efficiency; Democracy; Epochs; Reform; Wellbeing, Fulfillment and Contentment; Review; Questions; Exercises BuddhismChapter 9: Thailand; Thailand's Theravada Buddhist Economic System; Thai Economy; Theravada Buddhism; Buddhism and Wellbeing; Review; Questions; Exercises; PART IV: Pan-Asian Systems; Chapter 10: Asia's Futures; Diversity and Globalization; Coexistence; Whither China?; Pan-Asian Systems; Conclusion; Glossary; Sages and Rulers; Bibliography; Index
Description based upon print version of record. Includes bibliographical references and index.