Japan and post-1978 China provide extraordinary examples of rapid industrialization and economic growth. Explain what you see as the key factors in their success. Please discuss each country case separately then reflect upon the similarities and differences between them. Please draw evidence from AT LEAST TWO authors to support your argument.
The paper is based on four course readings. The following are information of readings:
1. Book’s name: One Economics, Many Recipes: Globalization, Institutions, and Economic Growth
Author: Rodrik, Dani
Publication: Princeton University Press, 2017
Required excerpt: Chapter 1, pp.13-35
2. Book’s name: MITI and the Japanese Miracle: The Growth of Industrial Policy
Author: Chalmers Johnson
Publication: 1925-1975, in
Naazneen Barma and Steven Vogel (eds), The Political Economy Reader, 2018
Required excerpt: , pp.259-285
3. Book’s name: Growing out of the Plan: Chinese Economic Reform 1978-1993
Author: Barry Naughton
Required excerpt: pp3-13
4. Book’s name: China and Globalization: The Social, Economic and Political Transformation of Chinese
Author: Doug Guthrie
Publication: , 2016, in Naazneen Barma and Steven Vogel (eds), The Political Economy Reader, 2018,
Required excerpt: pp.399-423.
(All sources are from those readings. No other internet or any outside references.)
The paper needs to be between 450-500 words.