Trade, the engine of growth in East Asia1993
by Peter C. Y. Chow
The Newly Industrializing Countries (NICs) of the Pacific Basin - Taiwan, South Korea, Hong Kong, and Singapore - differ in many ways. Each has its own language, culture, political life, and economic system. But there is one crucial characteristic they all hold in common: each has succeeded in defying in what Peter C.Y. Chow and Mitchell Kellman define as a "vicious circle of poverty" following World War II.
In Trade - The Engine of Growth in East Asia, the authors provide a comprehensive analysis of the economic factors which fueled the "engine of growth." They combine a detailed body of empirical data with an unusually broad theoretical framework to highlight the factors in each industry and market which contributed to the success of these countries. The work examines and forecasts...