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How Finance Is Shaping the Economies of China, Japan, and Korea - Columbia Scholarship Online
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How Finance Is Shaping the Economies of China, Japan, and Korea

Hugh Patrick and Yung Chul Park


This volume connects the evolving modern financial systems of China, Japan, and Korea to the development and growth of their economies through the first decade of the twenty-first century. It also identifies the commonalities among all three systems while accounting for their social, political, and institutional differences. Chapters consider the reforms of the Chinese economy since 1978, the underwhelming performance of the Japanese economy since about 1990, and the growth of the Korean economy over the past three decades. These economies engaged in rapid catch-up growth processes and share s ... More

Keywords: financial systems, Chinese economy, Japanese economy, Korean economy, catch-up growth, economic structures, domestic forces

Bibliographic Information

Print publication date: 2013 Print ISBN-13: 9780231165266
Published to Columbia Scholarship Online: November 2015 DOI:10.7312/columbia/9780231165266.001.0001


Affiliations are at time of print publication.

Hugh Patrick, editor

Yung Chul Park, editor

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