Dragons in Distress: Asia's Miracle Economies in Crisis (Penguin business)

by WaldenBello (Author), StephanieRosenfeld (Author)

• Used

  Paperback
  1992

  $7.77

  Challenging the prevailing wisdom of Asia's miracle economies , this book argues that South Korea, Taiwan and Singapore are headed for crisis. The authors lead their readers on an exploration of the different dimensions of this crisis: environmental degradation, agriculture on the road to extinction, deteriorating labour- management relations, eroding political legitimacy, and deepening structural fissures in the industrial economy. Showing how these problems stem from the dynamics of the model of high-speed, export-oriented industrialization, they suggest strategies to surmount the unfolding crisis and open up the path to equitable and ecologically sustainable development.