Economic development of East Asia
Dr Robert Rice and Dr Xiaokai Yang
6 points * Two 1-hour lectures per week * First or second semester * Clayton * Prerequisites: ECO1020 and ECO1030, or ECO1100 and ECO1110 with the approval of the lecturer
Objectives On completion of this subject students should have an understanding of the conditions and factors affecting the economic development of China, Malaysia and Indonesia, and other East Asian countries in accordance with a student's choice, and be knowledgeable about the nature and results of the main economic development strategies and policies adopted in these countries.
Synopsis The subject is divided into three parts. (1) An introduction to development economics, economic development of China (the mainland and Taiwan), and economic development of Malaysia and Indonesia. (2) The application of trade, growth, and property rights theory to the economic development of China in relation to her institutional evolution and government trade policy. (3) A comparison of Malaysia and Indonesia with respect to their economic characteristics, economic development policies and strategies, and development results during the postwar period.
Assessment Written (3000-word essay): 40% * Examination (2.5 hours): 60%