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Бакалавриат 2019/2020

Экономическое развитие стран Восточной Азии

Направление: 41.03.01. Зарубежное регионоведение
Когда читается: 2-й курс, 3, 4 модуль
Формат изучения: Full time
Преподаватели: Емельянова Олеся Николаевна
Язык: английский
Кредиты: 5

Course Syllabus

Abstract

East Asian economies have achieved rapid and sustained developments for quite a long period of time. The region as a whole has now been one of the three major poles of the world economy. Some call this phenomenon a miracle, but others see it as a logical consequence of well-concerted efforts of the countries involved. Some emphasize the common elements of the East Asian economic development, while others look into significant differences among individual countries’ development experience. While some argue that the growth engines of East Asian countries are not stoppable, others point out that East Asian miracles are over. This course is to help students understand various issues related with East Asian development and get an in-depth knowledge of the process of rapid economic development. This course is divided into two parts. The first part of the course is composed of a series of lectures focused on theoretical issues of Ease Asian development. Students will be introduced and guided to various theoretical debates related with understanding East Asian development. There will be an in-classroom exam at the end of the first part. The second part is mainly composed of students’ presentations on the country cases. Students are required to participate in a research project on a country case/comparative East Asian Economic Development 2019 Syllabus 2 study of development experience by choosing a country from the region. Every student has to make a 10 minute presentation during the class and develop it into a final term paper to be submitted in the final week.
Learning Objectives

Learning Objectives

  • This course is designed to provide students with in-depth knowledge of East Asian economic development. Students will be familiar with theoretical issues and empirical questions related with the subject. Students are also expected to be good at some methodological and technical skills necessary for studying economic development. Students will come out of this course with an expertise on one of the regional countries with a special focus on one of the theories dealing with an aspect of economic development of that country chosen by the student. At the end, students will acquire an ability to do an independent research for academic and/or business purposes.
Expected Learning Outcomes

Expected Learning Outcomes

  • Students will be familiar with theoretical issues and empirical questions related with the subject
  • Students are also expected to be good at some methodological and technical skills necessary for studying economic development
  • Students will come out of this course with an expertise on one of the regional countries with a special focus on one of the theories dealing with an aspect of economic development of that country chosen by the student
  • students will acquire an ability to do an independent research for academic and/or business purposes
Course Contents

Course Contents

  • Introduction: East Asian Development Experience
    East Asia as a region has emerged from ashes and destruction of war and revolution to a leading pillar of dynamism in the world economy. The achievements of the countries in the region have often been perceived and described in terms of a miracle. This miracle, however, has been made by men and women of the region and was made possible in the context of a particular domestic and international environment. The miraculous achievements have also been accompanied by human, social, and political costs. We need to see the East Asian miracle from a balanced perspective paying attention to both sunny and dark sides of the story. We also have to see the commonalities as well as variations in their respective pathways of the regional countries from poverty to prosperity.
  • An Overview of East Asian Economic Development: Nature, Statistics and Trends
    Topics - Achievements of East Asian countries since the 1960s - Nature and Characteristics of East Asian Development - Observable Patterns and Variations in East Asian Development - Lessons of East Asian Development
  • Theoretical Debates on East Asian Development
    Topics - Miracle or Not? - State-Led or Market Oriented? - Dependent Development? Flying Geese Model? - Is there an “East Asian Model”? Can It be Copied by Other Regions or Countries?
  • The Role of Government in Economic Development: State-Led Development?
    Topics - State and Market in Economic Development - What Roles for the State? - Nature and Characteristics of Developmental State - Possibilities and Limits of the Development State
  • Trade and Development: Export-Led Development?
    Topics - Trade for Underdevelopment vs Development - Export Oriented Industrialization (EOI) vs Import substitution Industrialization (ISI) - International Context and Domestic Requirements
  • Finance and Development: Financial Repression and High Savings Rate
    Topics - What is Financial Repression and Why - How to Achieve High Savings Rate? - Resource Allocation by the State, Why and How? - Question over Efficiency
  • Regional Cooperation and Development: Product Life Cycle and Flying Geese?
    Topics - Flying Geese Model? - East Asian Production Networks? - Market Led Regional Cooperation? - ASEAN+3, Chiang Mai and Beyond: Regional Cooperation after the 1997 Financial Crisis
  • East Asian Financial Crisis and Its Aftermath
    Topics - Causes of the Crisis: Internal or External? - Nature of and Variations in Crisis Responses - Consequences of the Crisis: Economic, Social, and Political - East Asian Crisis and Global Imbalances
  • The Middle Income Trap and East Asia
    Topics - Middle Income Trap: What It is and Why? - Relevance of the Middle Income Trap to East Asia - Is China in the Trap?
  • Recasting the East Asian Development Model
    Topics - Is East Asian Development Model Still Relevant? - Globalization and Developmental State: Conflictual or Complementary - Whither Post Crisis East Asian Development?
  • Japanese Development Experience
    Topics - Japan ’s Economic Achievements in Historical Perspective - Japan’s Development Model: Key Components - Japan ’s Lost Decades: What Happened and - Japan as a variant of capitalism
  • Korean Development Experience
    Topics - Key Characteristics of Korea ’s Development Model - Political Authoritarianism and Rapid Gro wth: Necessary and Complementary? - Democratization and the Pursuit of a New Development Model: Successful? - Globalization, Crisis, and What Future?
  • Chinese Development Experience
    Topics - Identifying China ’s Development Model - Does China Fol low East Asia in Development? - Can China sustain Rapid Growth? - Middle Income Trap or Political Limits?
  • Southeast Asian Development Experience
    Topics - Southeast Asian Countries: Similarities and Differences - Southeast Asian Development Model? - ASEAN Regional Cooperation and Economic Development
Assessment Elements

Assessment Elements

  • non-blocking Class Attendance
  • non-blocking Class Participation
  • non-blocking Term Exam (Module 3)
  • non-blocking Class Attendance & Participation
  • non-blocking Term Exam (Module 4)
Interim Assessment

Interim Assessment

  • Interim assessment (3 module)
    0.1 * Class Attendance + 0.5 * Class Participation + 0.4 * Term Exam (Module 3)
  • Interim assessment (4 module)
    0.5 * Class Attendance & Participation + 0.5 * Term Exam (Module 4)
Bibliography

Bibliography

Recommended Core Bibliography

  • Perkins, D. H. (2013). East Asian Development. Cambridge, Massachusetts: Harvard University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=575617
  • Yusuf, S. (2015). East Asian Development: Foundations and Strategies. Developing Economies, 53(1), 63–66. https://doi.org/10.1111/deve.12066

Recommended Additional Bibliography

  • Hu, R., & Hua, S. (2015). East Asian Development Model : Twenty-first Century Perspectives. London: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=928890