The best economic development book I’ve ever seen

This book gives the essential blueprint for how developing countries succeed in the postwar era. He tells you why countries like Japan, Taiwan,Korea succeeded and others like the Philippines Indonesia Malaysia did not. If you want to understand Asian economics you must listen to this book.

3 personnes ont trouvé cela utile

a good book, that explains Asian economies well

This book explains the economic history, of Asia quite well. Along the way you learn how countries influenced each other. How the Germans influenced the Japanese, in turn they influenced the Koreans, and so on. Also the other important takeaway, is that you learn about Friedrich List

3 personnes ont trouvé cela utile

A roadmap for economic development

Excellent book. Well written and well narrated. My only complaint is that the volume is inconsistent. It can dip and rise without warning, and is often too quiet.

1 personne a trouvé cela utile

very interesting account of economics

very interesting account of economics in general and east Asia in particular. interesting metaphor doing crucial work of nations' economies being infants or grown-ups.

1 personne a trouvé cela utile

Lessons in the quest for economic development

Excellent audiobook.. A must read for all those entrusted with economic policies in developing states..

1 personne a trouvé cela utile

EM Economics

Most people who go to University study developed markets economics. This book shows the least taught economics, EM economics. Lovely book!

1 personne a trouvé cela utile

Boring.

Maybe it was over my head but it could have used some analogies and comparisons to make it more interesting.

1 personne a trouvé cela utile

Excellent Primer for Asian Economics

I spent a number of years teaching myself macroeconomics and having a fairly solid foundation in international relations and political history, this book was right at the edge of my understanding. There was nothing in the book that was drastically complicated and the framework for the three main idea's (agricultural reform, export oriented manufacturing and national economic control) culminate in how economic development, the transformation from developing to developed economies played out for most Asian countries. Ranking the nation's by historical success shows one by one how leadership and competencies in applying principles occurred for the different nation's. The failures of leadership become very apparent and the difficulty in seeing the bigger picture for the few nation's that had little direction illustrate how the inequities have formed Asia as we see it today. The authors prescription hints that there is little that can be done to reverse the courses that south Asian nations are currently in without severe radical reform, which is not likely as nation's seem to desire to grow within perceptions of the current global economy without changing the inhibiting factors.

Very Insightful

The books provides an unorthodox view on the success and failures of economic policies of Eastern Asian countries. The ideas on land reform, industrial policies, and financial regulation diverge significantly from those of IMF and the World Bank. It is interesting that in a few years after this book was published some approaches are being borrowed by regulators in the developed nations at the times of crisis. Unfortunately the author chooses just to touch on the importance of strong government institutions of successful nations and totally skips analysis of contribution of non-economic factors such as national morale and political stability of nations’ development stories. But in any case the book is very interesting and provides much food for thought.

Great book. Informative yet not dry

Very interesting and informative. Great outlook on the development perspectives of Asian countries. Well narrated.