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How Asia Works
Until the catastrophic economic crisis of the late 1990s, East Asia was perceived as a monolithic success story. But heady economic growth rates masked the most divided continent in the world - one half the most extraordinary developmental success story ever seen, the other half a paper tiger. Joe Studwell explores how policies ridiculed by economists created titans in Japan, Korea and Taiwan, and are now behind the rise of China, while the best advice the West could offer sold its allies in South-East Asia down the economic river. The first book to offer an Asia-wide deconstruction of success and failure in economic development, Studwell's latest work is provocative and iconoclastic - and sobering reading for most of the world's developing countries. How Asia Works is a must-read book that packs powerful insights about the world's most misunderstood continent.
Asian Godfathers
40 or 50 families control the economies of Hong Kong, Singapore, Thailand, the Philippines and Indonesia. Their interests range from banking to property, from shipping to sugar, from vice to gambling. 13 of the 50 richest families in the world are in South East Asia yet they are largely unknown outside confined business circles. Often this is because they control the press and television as well as everything else. How do they do it? What are their secrets? And is it good news or bad for the places where they operate? Joe Studwell explosively lifts the lid on a world of staggering secrecy and shows that the little most people know is almost entirely wrong.
How Asia Works
“A good read for anyone who wants to understand what actually determines whether a developing economy will succeed.” —Bill Gates, “Top 5 Books of the Year” An Economist Best Book of the Year from a reporter who has spent two decades in the region, and who the Financial Times said “should be named chief myth-buster for Asian business.” In How Asia Works, Joe 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, shows what really happened in Asia and why, and for once makes clear why ...
The China Dream
Examines the many attempts to capitalize on "the last big market in the world" stretching back seven hundred years and includes an analysis of the present unprecedented expansion.
Summary of Joe Studwell's How Asia Works
Please note: This is a companion version & not the original book. Sample Book Insights: #1 In a country in the early stages of development, typically 75 percent of the population is employed in agriculture. The problem with agriculture in pre-industrial states with rising populations is that when market forces are left to themselves, agricultural yields tend to stagnate or even fall. #2 The question of efficiency depends on what outcome you are looking for. Big capitalist farms may produce the highest return on cash invested, but that is not the agricultural efficiency that is appropriate to a developing state. #3 The world of the home fruit and vegetable gardener is very familiar to the post-war east Asian peasant family with its mini-farm. The labor-intensive gardening approach to cultivation gets more out of a given plot of land than anything else. #4 The problem is that the gardening level of output needs so much labor. If Mr. Doiron gardened full time, he might be able to maintain his yields for 1,000 square meters of land. But that would still require ten Mr. Doirons to earn $135,000 across one hectare before costs.
The China Dream
“An entertaining, if cautionary, tale of Western business woes in China, stretching back seven hundred years” (The Wall Street Journal). In The China Dream, acclaimed business journalist Joe Studwell challenges the predictions that China will become an economic juggernaut on the world stage in the twenty-first century—and instead foresees an economic crisis. Tracing the most recent developments in China from Deng Xiaoping’s “liberalization” of its market in the 1980s through the opening of its economy to foreign investment in the 1990s, Studwell examines the roadblocks to the continuation of the country’s unprecedented expansion and why its economy will fail once more—but thi...
China's Economy
"This book is an effort to explain how China's economy got to where it is today, where it might be headed in the coming years, and what China's rise means for the rest of the world. It is intended to be useful to the general reader, who has an intelligent interest in China and its global impact but not necessarily a specialized background in either China or economics. Since the first edition was published in 2016 China's relevance to the world has increased dramatically, thanks to the more assertive foreign policy of president Xi Jinping and the move by the United States under the Trump Administration to treat China as a geopolitical rival. Because of its sheer size, the growing tensions wit...
What Chinese Want
Today, most Americans take for granted that China will be the next global superpower. But despite the nation's growing influence, the average Chinese person is still a mystery - or, at best, a baffling set of seeming contradictions - to Westerners who expect the rising Chinese consumer to resemble themselves. Here, Tom Doctoroff, the guiding force of advertising giant J. Walter Thompson's (JWT) China operations, marshals his 20 years of experience navigating this fascinating intersection of commerce and culture to explain the mysteries of China. He explores the many cultural, political, and economic forces shaping the twenty-first-century Chinese and their implications for businesspeople, ma...
The Rice Economies
Wide-ranging both historically and geographically, The Rice Economies brilliantly addresses a subject of abiding interest to anthropologists, economists, and historians as well as those concerned with development issues and Asian studies. It is the first work to formulate a logical, historical dynamic of development in Asia's rice economies up to the present day. The comparison of mechanized Western farming methods with the more labor intensive, less environmentally destructive Asian methods is of value to environmentalists and economists concerned with the need for sustainable development. In a new preface, the author reflects upon the increasing relevance of the concerns of the book to international environmental issues.
Breakout Nations
'The old rule of forecasting was to make as many forecasts as possible and publicise the ones you got right. The new rule is to forecast so far in the future, no one will know you got it wrong.' Ruchir Sharma does neither. In Breakout Nations he shows why the economic 'mania' of the twenty-first century, with its unshakeable faith in the power of emerging markets - especially China - to continue growing at the astoundingly rapid and uniform pace of the last decade, is wrong. The next economic success stories will not be where we think they are. In this provocative new book, Sharma analyses why the basic laws of economic gravity (such as the law of large numbers, which says that the richer yo...
