Raises a question about the bottle cap role
->> Lead to an arms races
1. U.S.
- Grand strategy containing the rising power of China
Refer Japan as Britain in Far East (Armitage report, 2000)
2. Japan
- Using the US encouragement on the normalization
Financial support for U.S.
3. Unstable environment
- Rising China and NK’s nuclear threat (Armitage report, 2007)
Purpose of the Study
To put China’s catch-up strategies into international comparisons.
Washington Consensus;
EastAsian model;
To figure out the uniqueness of Chinese catch-up strategies: Beijing Consensus?
To assess Prospect of China
Explanation on China’s Catch-up
Traditional explanation on China’s reform success
Took advantage of ‘comparative advantage’ in lab
1. Introduction
There is the rapid economic growth of EastAsian countries and many scholars attribute these performances to the state's active intervention in the process of economic development. These EastAsian countries were called "the developmental state"(henceforth DS). Japan and four EastAsian dragons - Korea, Taiwan, Singapore, and Hong Kong - have achieved economic grow
East Asia Summit at the ASEAN plus 3 summit meeting of Kuala Lumpur on December 14, 2005
The emergence of an EastAsian Community (an EastAsian trading bloc) is expected to arise from either the grouping of ASEAN +3 or the East Asia Summit also referred to as ASEAN +6
From which grouping the EAC will come from is uncertain
Japan supports the ASEAN +6 grouping while Korea and China prefe
III. Overseas Chinese Capital in EastAsian Region
1. Hong Kong
The population of Hong Kong is about 6.3 million and 98% of it is Chinese with 90% of them are from Guangdong province. The external structure of large corporates in Hong Kong seems to be westernized but the internal look shows rather family-oriented management system. Until 1988, ten family-owned companies dominated about 54