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• W2312650180 abstract "uring the 1980s and much of the 1990s, Asia was the most dynamic D region in the global (see table 1). China had the highest growth rate in the world; the four of Hong Kong, Singapore, South Korea, and Taiwan were not far behind; and Japan had the highest growth rate by a considerable margin among the industrialized nations during the 1970s and 1980s, although the bursting of its bubble economy in 1989 brought economic stagnation throughout the 1990s. This East dynamism (Chan 1993) was widely recognized, and many scholars sought to conceptualize an development model that had created such miracle economies (Amsden 1989; Bernard and Ravenhill 1995; Chan 1993; Chan and Clark 1992; Clark and Roy 1997; Cumings 1984; Fallows 1994; Gereffi and Wyman 1990; Hofheinz and Calder 1982; Johnson 1982; Noble 1998; Ravenhill 1995; Woo 1991; Woo-Cumings 1999). Asia's success even was canonized by the World Bank in 1993, which coined the term high-performing economies to characterize Japan and the little dragons (as well as three Southeast nations). The financial crisis of 1997 and 1998 in Southeast and Asia, which was dubbed the Asian flu (although pneumonia probably would be a better metaphor), reversed Asia's image of economic success and invincibility (Arndt and Hill 1999; Clark 2002; Goldstein 1998; Haggard 2000; Hunter, Kaufman, and Krueger 1999). Only China and, to a lesser extent, Taiwan were able to escape the ill winds unleashed by the financial meltdown (see table 2). In" @default.
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• W2312650180 date "2004-10-01" @default.
• W2312650180 modified "2023-10-18" @default.
• W2312650180 title "The Resurrection of East Asian Dynamism: A Call to Look Beyond the Orthodoxies in Development Studies" @default.
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• W2312650180 doi "https://doi.org/10.3200/aafs.31.3.131-151" @default.
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