Chapter 8 The Original Asian Tigers: Japan, Taiwan, and South Korea (2024)

The Geopolitics of Globalization: The Consequences for Development

Baldev Raj Nayar

Published:

2007

Online ISBN:

9780199081783

Print ISBN:

9780195693034

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The Geopolitics of Globalization: The Consequences for Development

Baldev Raj Nayar

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Baldev Raj Nayar

Baldev Raj Nayar

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Pages

142–167

  • Published:

    December 2007

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Nayar, Baldev Raj, 'Chapter 8 The Original Asian Tigers: Japan, Taiwan, and South Korea', The Geopolitics of Globalization: The Consequences for Development, Oxford India Paperbacks (Delhi, 2007; online edn, Oxford Academic, 18 Oct. 2012), https://doi.org/10.1093/acprof:oso/9780195693034.003.0008, accessed 30 May 2024.

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Abstract

The so-called Asian Tigers—Japan, Taiwan, and South Korea—have achieved economic miracle status, thanks to their conscious decision to shift to export promotion in order to advance economic growth. Japan has served as the model emulated by Taiwan and South Korea. Japan’s role in the development of the two countries has a long history, and involves a period of ‘preparation’ before World War II. Given the interrelationships among the three countries, they have been referred to as a ‘Northeast Asian political economy’. This chapter examines the economic performance of Japan, Taiwan, and South Korea. It explains how ‘the developmental state’ contributed to Japan’s remarkable economic growth, the link between authoritarianism and the developmental state in Japan, geopolitics and the Japanese model, import substitution and aid dependence in Taiwan and South Korea, and the correlation between exports and economic growth.

Keywords: Asian Tigers, Japan, Taiwan, South Korea, economic growth, developmental state, authoritarianism, geopolitics, import substitution, export based economy

Subject

Political Economy Comparative Politics International Relations

Collection: Oxford Scholarship Online

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