July 19th 2015
How Asia Works. Success and failure in the world’s most dynamic region. Joe Studwell.
How Asia Works. Success and failure in the world’s most dynamic region. Joe Studwell.2013. ISBN 9780802193476. An all encompassing, insightful book. The structure is simple . Compare the NE Asian successes ( Korea, Japan, Taiwan, China ), to the SE Asian disasters ( Philippines, Indonesia, Malaysia, Thailand, India) ignore unique nation states like Hong Kong, Singapore, then extract behaviors that seem to lead to economic powerhouse countries. Then discuss each country a little more deeply to unpack their individual successes, failures and on-going weaknesses. Along the way blow holes in the prevailing World Bank and IDB ” economic wisdom” . The author has little regard for most economists and after reading the book I am inclined to agree. He does indicate that economic history is a useful pursuit in this analysis. I saw many of his observations “operating” in our recent Asia /Africa trip. Even though this is well before the Chinese stock market meltdown, much of his analysis indicated the inevitability of it. The text is easy to read, well organized and will consume you. No wonder Bill gates endorsed it.
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Category: History, International, Travel
