and self-cultivation, as well as East Asian traditional political economy, and the way in which law and justice are perceived from the standpoint of human feelings. These are intrinsically interesting ideas and practices that deserved to be taken care of seriously as they are in East Asia today and again whether we accept or reject them for example as Americans it is useful to be exposed to them. Now moving into the long-term historical development of East Asian political tradition, not starting…

September 10, 2011 September 10, 2011 Report Report South East Asian Crisis South East Asian Crisis INTRODUCTION The South East Asian financial crisis was a period of financial crisis that gripped much of Asia beginning in July 1997, and raised fears of a worldwide economic meltdown due to financial contagion. The crisis started in Thailand with the financial collapse of the Thai Baht caused by the decision of the Thai government to float the Baht, cutting its peg to the USD, after…

East Asian financial crisis are an evidence of fact that economies are prone to fianacial pressures in spite of a stable sustainable growth rate. The East Asian economic crisis is the most important economic event in the region of the past few decades. That much is agreed. Beyond this, there is yet no unanimity about its root causes nor about the solutions. The differences of views are being debated in academic and policy circles and reflected in the media. One thing though is certain: the earlier…

British English Can one tame a tiger? - The extensive growth of South East Asian Economies - Introduction A tiger economy is a name given to a region or country which undergoes a heavy and fast economic growth. This usually also leads to rising living standards. This term was first applied to South Korea, Singapore, Hong Kong and Taiwan. Since the 1960's, these four countries are known as the East Asian Tigers. Later on more Tiger Economies emerged, but this essay will focus mainly…

Iraklii Lortkipanidze A11551208 Professor Magagna Midterm Significance of the family in East Asian thought Family in the East Asian Culture is considered the root foundation of all the beliefs, ideas and concepts that one might require as they grow and develop into a successful Independent human being. Similarly to the other civilizations, East Asia is a place where family is very important, but in East Asia, the families are given more consideration and more focus as it is seen as the human…

growth before, The East Asian Miracle, occurred. The East Asian miracle has really helped East Asia’s economical growth. During this semester we have come across The East Asian Miracle, and how it came about. I have read The Four Little Dragons, also the World Bank report and Balassa’s article. Each one of the readings have different and similar arguments in why The East Asian Miracle happened. While The Four Little Dragons has a bit of a different argument on how The East Asian Miracle was created because…

When thinking about the space of East Asian studies, we often only look at China, Japan, and Korea based on their physical boundaries on the world map. However, retaining one understanding of East Asia means we are not considering the problem of geography. In order to manoeuver with or around the problem of geography, we must constantly reinterpret and criticize the space we take for granted. The objective is not solving this problem, but to think of ways which can aid in our approach to it. Space…

East Asian development Over the past decades, the East Asian countries have experiences massive economic growth for the policy change from protection centred to export promotion. Taiwan, Korea, and Hong Kong would be the good examples of this. According to Krueger (1997), during 1950s and 60s, it was the general consensus that “import substitution” was the basis for the development, however, Asian countries that applied free trade and promoted export has risen rapidly starting from Taiwan, which…

Philippines East Asian Miracle From the 1960’s through the 1990’s, during what is referred to as the East Asian economic miracle period, several East Asian economies experienced unexpected high growth that was sustained for more than 20 years. The Philippines had great potential early on to become a developed country, due to an abundance of natural resources, a special relationship with the United States, a high literacy rate, a high domestic savings rate, and a promising manufacturing sector Leipzeger…

The performance of East Asian nations, particularly Japan, South Korea, Taiwan and most recently, mainland China, is largely attributable to the East Asian Model, which accounts for the following notable observations: sustained economic growth at high levels for long periods, social, political and economic diversity, and economic activities that are industrialized, export-oriented and socially beneficial in nature. The East Asian Model is characterized by the following elements: investment and trade-driven…