The Conventional Route, Joining Global Capitalism: Track 2 — the Asian NICs

  • James H. Mittelman
  • Mustapha Kamal Pasha
Part of the International Political Economy Series book series (IPES)


On the conventional route’s high speed track, only the more daring have managed to navigate the main thoroughfare. Fast-tracking runs greater risk of collision, but also offers the passengers greater rewards, at least in the short term, should they survive the deadly traffic. Both dismal failures and spectacular successes have been recorded.


Chinese Communist Party Land Reform Asian Economy Woman Worker Asian Development Bank 
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Notes and References

  1. Empirical data for this chapter are derived from the National Trade Data Bank. Lee Kuan Yew’s statement is drawn from ‘Determined Trend towards Asian Values’, Financial Times (London), 24 February 1995.Google Scholar
  2. Singapore’s GNP per capita ranking is indicated in World Bank, World Development Report 1995 (New York: Oxford University Press, 1995) p. 163.Google Scholar
  3. The analysis on land reform relies heavily upon J. Yager, Transforming Agriculture in Taiwan (Ithaca, NY: Cornell University Press, 1988) andGoogle Scholar
  4. Anis Chowdhury and Inyanatul Islam, The Newly Industrialising Economies of East Asia (London and New York: Routledge, 1993). The quote from Bruce Cumings regarding the East Asian economies is also drawn from Chowdhury and Islam (p. 28).Google Scholar
  5. Offering varied interpretation, the vast secondary literature on the NICs includes: Alice H. Amsden, Asia’s Next Giant: South Korea and Late Industrialization (New York: Oxford University Press, 1989);Google Scholar
  6. Richard P. Appelbaum and J.W. Henderson, States and Development in the Asian Pacific Rim (Newbury Park: Sage, 1992);Google Scholar
  7. Giovanni Arrighi, ‘The Developmentalist Illusion: A Reconceptualization of the Semiperiphery’ in William G. Martin (ed.) Semiperipheral States in the World Economy (Westport, Conn.: Greenwood Press, 1990), pp. 11–42;Google Scholar
  8. Walden Bello and Stephanie Rosenfeld, Dragons in Distress: Asia’s Miracle Economies in Crisis (San Francisco: The Institute for Food and Development Policy, 1990);Google Scholar
  9. Peter Berger and Hsin-Huang Michael Hsiao, In Search of an East Asian Development Model (New Brunswick and London: Transaction, 1990);Google Scholar
  10. Manfred Bienefeld, ‘The Significance of the Newly Industrializing Countries for the Development Debate’, Studies in Political Economy 25 (Spring 1988), pp. 7–39;Google Scholar
  11. Robin Broad and John Cavanagh, “No More NICs”, Foreign Policy, 72 (Fall 1989) pp. 81–103.Google Scholar
  12. James A. Caporaso, ‘Industrialization in the Periphery: the Evolving Global Division of Labor’, International Studies Quarterly, 25 (1981), pp. 347–384; FredericCrossRefGoogle Scholar
  13. C. Deyo (ed.), The Political Economy of the New Asian Industrialism (Ithaca, NY: Cornell University Press, 1987);Google Scholar
  14. Folker Fröbel, Jurgen Heinrichs and Otto Kreye (eds), The New International Division of Labour: Structural Unemployment in Industrialised Countries and Industrialisation in Developing Countries, trans. Pete Burgess (Cambridge: Cambridge University Press, 1980);Google Scholar
  15. Gary Gereffi and Donald L. Wyman (eds), Manufacturing Miracles: Paths of Industrialization in Latin America and East Asia (Princeton, NJ: Princeton University Press, 1990);Google Scholar
  16. Gary Gereffi and Miguel Korzeniewicz (eds), Commodity Chains and Global Capitalism (Westport, CT: Greenwood Press, 1993);Google Scholar
  17. Stephen Haggard, Pathways from the Periphery: The Politics of Growth in the Newly Industrializing Countries (Ithaca, NY: Cornell University Press, 1990);Google Scholar
  18. Gary Hamilton and Cheung-Shu Kao, ‘Max Weber and the Analysis of East Asian Industrialization’, International Sociology 2 (1987), pp. 289–300;CrossRefGoogle Scholar
  19. Paul W. Kuznets, ‘An East Asian Model of Economic Development: Japan, Taiwan, and South Korea’, Economic Development and Cultural Change, 36 (1988) — Supplement;Google Scholar
  20. Robert B. Stauffer, ‘Review Essay: Postcolonial Industrialization and NIC-dom — Myths and “Lessons” from East and Southeast Asia’, Bulletin of Concerned Asian Scholars, 25 (1993), pp. 49–58.Google Scholar

Copyright information

© James H. Mittelman and Mustapha Kamal Pasha 1997

Authors and Affiliations

  • James H. Mittelman
    • 1
  • Mustapha Kamal Pasha
    • 1
  1. 1.School of International ServiceAmerican UniversityWashington, DCUSA

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