Asian Economic Development and Integration

Instructors

KAWAI Masahiro

Term / Language / Credits

A1A2 / English / 2

Objectives

This course will provide an overview of the key factors influencing the rapid growth, development and integration of Asian economies since the 1950s, with a focus on developments since the Asian financial crisis (1997/98). It will examine a range of development challenges that the region has faced, and the responses of various economies. The course will draw on diverse country, sub-regional, and regional experiences to identify policies that have contributed most significantly to growth, development, and integration and to explain why they “worked” and how they might be applied in other developing economies. It will consider current policy debates on a host of “hot” topics including macroeconomic management, trade and investment, finance, poverty and inequality, the environment, and regional economic integration. At the end of the course, students are expected to understand the key drivers of Asian economic growth, development and integration in the past 30 years and be familiar with a range of development issues likely to influence policy options in the region moving forward.

Students are expected to attend all lectures, participate actively in class discussions, produce a lecture note for the session of the student’s choice, write a term paper on any of the lecture topics, and make a class presentation on the paper.

Keywords

East Asian miracle, industrialization, trade and investment, infrastructure development, Asian financial crisis, middle-income trap, climate change and the enviroment, public health, inclusive growth, ASEAN Economic Community, regional economic integration

Schedule

A detailed class schedule will be provided at the beginning of the lecture series

Teaching Methods

Lecture, class discussion

Grading

Each student will be assessed as follows:
• 20% - class attendance and contribution to class discussion
• 20% - production of a lecture note
• 40% - written term paper (individual)
• 20% - term paper presentation with powerpoint

Required Textbook

ADB and ADBI. 2014. ASEAN, PRC, and India: The Great Transformation. Tokyo: Asian Development Bank Institute.

Reference Books

World Bank. 1993. The East Asian Miracle: Growth and Public Policy. Washington, DC: World Bank.
Fukasaku, Kiichiro, Masahiro Kawai Michael G. Plummer, and Alexandra Trzeciak-Duval, eds. 2005. Policy Coherence towards East Asia: Development Challenges for OECD Countries, Paris: Development Centre, Organisation for Economic Cooperation and Development.
Commission on Growth and Development. 2008. The Growth Report: Strategies for Sustained Growth and Inclusive Development. Washington: World Bank.
http://www.growthcommission.org/index.php?Itemid=169&id=96&option=com_content&task=view
Asian Development Bank. 2008. Emerging Asian Regionalism: A Partnership for Shared Prosperity. Manila: Asian Development Bank.
http://www.adb.org/Documents/Books/Emerging-Asian-Regionalism/default.asp?p=rcipub
ADB and ADBI. 2009. Infrastructure for a Seamless Asia. Tokyo: Asian Development Bank Institute.
ADB and ADBI. 2013. Low Carbon Green Growth in Asia: Policies and Practices. Tokyo: Asian Development Bank Institute.
ADBI. 2014. ASEAN 2030: Toward a Borderless Economic Community. Tokyo: Asian Development Bank Institute.

Miscellaneous Information

http://www.pp.u-tokyo.ac.jp/courses/2015/documents/5123262-20150303.pdf

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