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How Asia Works

400 pages, 2014

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Description

Named by Bill Gates as one of his Top 5 Books of the Year. In the 1980s and 1990s, many came to believe in the myth of an East-Asian economic miracle. Countries were called “tigers” or “mini-dragons,” and were seen as not just development prodigies, but as a unified bloc, culturally and economically similar, and inexorably on the rise. 

Joe Studwell has spent two decades as a reporter in the region, and The Financial Times said he “should be named chief myth-buster for Asian business. ” In How Asia Works, Studwell distills his extensive research into the economies of nine countries—Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China—into an accessible, readable narrative that debunks Western misconceptions about Asia's economy and shows what really happened in these countries.

Understanding Asia's Economic Success

In 'How Asia Works', Joe Studwell explores the economic success of Asian countries. He digs into the policies and strategies that have led to their rapid growth. It's a great read if you're interested in understanding the economic dynamics of the region.

The Role of Agriculture

Studwell emphasizes the importance of agriculture in Asia's economic development. He explains how land reform and investment in agriculture have been key to the region's success. If you're curious about the role of agriculture in economic growth, this book is a must-read.

Industrial Policy Matters

The book also highlights the significance of industrial policy in Asia's economic miracle. Studwell shows how governments have used this tool to promote certain industries and protect them from foreign competition. It's a fascinating look into the power of strategic economic planning.

Financial Control is Crucial

Studwell also points out the importance of financial control in Asia's economic development. He explains how governments have used their control over finance to guide investment in strategic sectors. If you're interested in the role of finance in economic development, you'll find this book enlightening.

Lessons for Other Developing Countries

Finally, 'How Asia Works' offers valuable lessons for other developing countries. Studwell's research into Asia's economic success provides a blueprint for economic development that other regions can learn from. If you're interested in economic policy and development, you'll definitely want to check out this book.

Quotes 3

Joe Studwell's compelling evaluation in 'How Asia Works' is a must-read for anyone interested in the Asian economy and its development. It's a fascinating exploration of the economic success of Asia.

Bill GatesBill Gates - Microsoft Co-founder

'How Asia Works' is a striking and enlightening book. Studwell delivers a clear and provocative argument on the economic growth of Asia.

The EconomistThe Economist - International Weekly Newspaper

Studwell's 'How Asia Works' is a compelling and insightful read. It's a masterful account of Asia's economic development.

Financial TimesFinancial Times - Global Business Newspaper
Bill GatesThe EconomistFinancial Times

Recommendations

2
Patrick Collison, entrepreneur and technology, Recommending BestBooks

Patrick Collison

entrepreneurtechnology
Bill Gates, entrepreneur and investor and technology and venture capitalist, Recommending BestBooks

Bill Gates

entrepreneurinvestortechnologyventure capitalist

How Asia Works found in libraries

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158 books

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