Growth, Crisis, and Recovery in East Asia

Both success and crisis in East Asia are interpreted, in the “Washington Consensus”, byreference to the laws of the market, and to the economic policies and institutional frameworks of “countries”. This approach rules out consideration of the connections between economics and politics, the context of imperfect competition, the role of goal‐oriented policies, and regional interdependence. This article provides an introduction to the debate about the main factors used to explain growth in East Asia, and goes on to analyse the regionalisation process in a context of growth, crisis, and recovery by “regional contagion

China · Competition (biology) · Context (archaeology) · Development economics · East Asia · Economic geography · Economic system · Economics · Geography · Imperfect · Imperfect competition · Political science · Politics · Regionalisation · Asian Industrial and Economic Development · Global Financial Crisis and Policies · Global trade and economics