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CECO 1040A - Economic Models in Asia

Type d'enseignement : Elective

Semester : Autumn 2017-2018

Number of hours : 24

Language of tuition : English



Course Description

The objective of the course is to help students get a better understanding of East Asia's economic development. To that end it will examine the mechanisms underlying the success of these economies until the late 1990s as well as the weaknesses in the development strategies which led to the 1997-98 financial crisis. The case of China is examined separately. The course closes with an assessment of the process of regional economic integration.


NICOLAS, Françoise (PhD Researcher)

Pedagogical format

The course will be conducted as a lecture but students' participation is also expected. Readings will be assigned ahead of each session in order to facilitate students' participation.

Course validation

To validate the course, the student is expected to take 2 quizzes and a final exam.

Required reading

World Bank, The East Asian Miracle – Economic Growth and Public Policy, New York, Oxford University Press, 1993 (Chapters 1 and 2-6)

Additional required reading

  • Krugman, Paul, « The Myth of Asia's Miracle», Foreign Affairs, November-December, vol. 73, No 6, 1994, p. 62-79
  • Park, Donghyun, « The Dichotomy Between Northeast Asian Capitalism and Southeast Asian Capitalism », Journal of the Asia Pacific Economy, vol. 5, n° 3, October 2000, p. 234 – 54
  • Boltho, Andrea and Maria Weber, « Did China Follow the East Asian Development Model? », The European Journal of Comparative Economics, vol. 6, No 2, 2009, p. 267-86.
  • Radelet, Steven and Jeffrey Sachs, « The East Asian Financial Crisis: Diagnosis, Remedies, Prospects», Brookings Papers on Economic Activity 1, 1998, p. 1-90