How Asia Got Rich. : b Rise & Fall of Asia's Miracle Economies, What Went Wrong & How to Fix It

How Asia Got Rich. : b Rise & Fall of Asia's Miracle Economies, What Went Wrong & How to Fix It

by Edith B. Terry

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This panaoramic work describes how Japan's centuries-old fascination with China has been a platform for its post-war growth strategy as well as a magnet drawing Japan back into a deeper relationship with Asia. The author argues that after years of self-imposed isolation Japan is actively seeking new alliances with its Asian neighbors that may ultimately supplant its Cold War pact with the United States. She tracks the enormous recent outpouring of Japanese investment and official assistance to Asia as part of longstanding efforts to enhance Japanese security. And she suggests that the culmination of these efforts has been the invention of a new capitalist ideology that runs counter to the convergence theories of free market capitalism and creates a powerful current against globalization.

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