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The Development Paths and Strategies of Japan, South Korea, and China—A Comparison

In: The Economic Rise of East Asia

Author

Listed:
  • Linda Glawe

    (University of Hagen)

  • Helmut Wagner

    (University of Hagen)

Abstract

This chapter compares the development processes in Japan, South Korea and China presented in detail in the previous chapters. Glawe and Wagner first identify the commonalities in the development of the three countries and elaborate on whether these commonalities justify speaking of a special “East Asian development model”. In order to come to a balanced judgment, the authors also work out in detail the manifold differences between the three countries and their development strategies, including the different starting levels at the beginning of reforms after World War II, the varying driving forces of development, the different political and economic systems, the different strategies regarding the adoption of foreign technologies, as well as differences in the culture, size, geography, institutions, economic/industrial policies, breaks in the development processes, and inequality.

Suggested Citation

  • Linda Glawe & Helmut Wagner, 2021. "The Development Paths and Strategies of Japan, South Korea, and China—A Comparison," Contributions to Economics, in: The Economic Rise of East Asia, chapter 0, pages 243-288, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-87128-4_5
    DOI: 10.1007/978-3-030-87128-4_5
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