Dragons in Distress: Asia's Miracle Economies in Crisis

Showing how these problems stem from the dynamics of the model of high speed, export-oriented industrialization, they suggest strategies to surmount the unfolding crisis and open up the path to equitable and ecologically sustainable development. The first comprehensive critique of the "Newly Industrialized Countries" (NICs) paradigm, this book is a very welcome antidote to the usual uncritical celebration of the "dragon" or "tiger" economies.