ECON 377 – 70: ECONOMIES OF EAST ASIA

(All readings should be completed prior to lecture)      

Syllabus  (PDF)     Country Report  (PDF)     Grading Scale     AdditionalArticles      Websites         

Country Report Topic Suggestions       Presentation Schedule     Acrobat Reader

 

 

 

Week 1

 

September

2, 4

Introduction to East Asia- Finding Out What We Know and Don't Know

Lecture 1: Introduction to East Asia     (PPT)

 

Resources on Websites: Asian Development Bank     CountryWatch     Human Development Indicators     Familiarization      IMF Country Information   World Bank East Asia Pacific     World Factbook

 

Assignment 1 (Due September 23) - Construct a short (no more than 10 slides) presentation introducing a country in East Asia other than China, Japan, or Vietnam. Do not simply present statistics and be sure to note the major current economic and\or political issues.  Your may will be asked to make a presentation during Week 4. You may do this assignment in a group of 2.

Week 2

 

September

9, 11

A Little History - East Asian Miracle

 

A Little History - East Asian Crisis

Lecture 2: East Asian Miracle     (PPT)

 

Lecture 3: East Asian Crisis     (PPT)

 

Required Readings:

 

1). Bhagwati, Jagdish (1996). ‘The Miracle That Did Happen: Understanding East Asia in Comparative Perspective,’ Keynote speech delivered at Cornell University.

 

2). Krugman, Paul, (1994). ‘The Myth of Asia's Miracle,’ Foreign Affairs

 

3). Stiglitz, Joseph, (2000). ‘What I Learned at the World Economic Crisis,’ New Republic.

 

Additional Reading: World Bank (2003). ‘The East Asian Miracle : Economic Growth and Public Policy:’ Main report (English)

Week 3

 

September

16, 18

The Economy of Vietnam

Lecture 4: Vietnam     (PPT)

 

Required Readings:

 

1). Bertelsmann Stiftung (2018). ‘Country Report - Vietnam.Gütersloh: Bertelsmann Stiftung.

 

2). PwC (2017). ‘Spotlight on Viet Nam: The leading emerging merket.’

 

3). McCornac, D. C. (2013). ‘Vietnam’s Foreign Policy Tightrope,’ East Asian Forum.

 

Additional Readings:

 

World Bank (2018) ‘Doing Business 2018, Reforming to Create Jobs: Economy Profile - Vietnam.

 

Asian Development Bank (2018). ‘ADB and Vietnam.’

 

Resources on Websites: The Diplomat     Vietnam Express International     Vietnam Investment Review     VietnamNet     Vietnam News     World Bank-Vietnam   

 

Videos: Discovery Channel - Ultimate Journeys Vietnam     Vietnam Rising     Old Quarter Food     Traffic

Week 4

 

September

23, 25

The Economy of Vietnam Cont’d

 

Country Presentations

Country Presentations

 

Assignment 2 (Due October 16) - Examine some of the websites dealing with a country other than the one you did for your presentation (you can include Vietnam).  Submit a 2-3 page report discussing a current issue that is particularly relevant to the country you choose. Reference at least 5 sources (Internet sites are fine). This is not a group assignment.

Week 5

 

September 30

October 2

Country Presentations

 

Ambiguous Role of the State

Country Presentations Continued

 

Lecture 5: Ambiguous Role of the State     (PPT)

 

Required Readings:

 

1). Transparency International (2017). ‘Slow, Imperfect Progress across Asia Pacific.’   

 

2). McCornac, D.C. (2012). ‘The Challenge of Corruption in Higher Education: The Case of Vietnam,’ Asian Education and Development Studies.

 

3). Studying the Economics of Transition Handout (We will discuss in class) 

 

Resources on Websites: Capitalism vs. Socialism     Human Rights Watch     Index of Economic Freedom     Transparency International

Week 6

 

October

7, 9

Catching up Time and Discussions

 

Video: Tonle Sap: Saving Cambodia's Great Lake

Additional Material: The Khmer Rouge     China Reshapes The Vital Mekong River To Power Its Expansion

Week 7

 

October

14, 16

Exam 1

 

 

Exploring the Chinese economy

Exam 1 (October 14)

 

Assignment 2 due October 16

 

Lecture 6: Chinese Economy     (PPT)

 

Required Readings:

 

1). Factsanddetails.com, ‘Communes, Land Reform and Collectivism in China.

 

2). Congressional Research Service (2018). ‘China’s Economic Rise: History, Trends, Challenges, and Implications for the United States.’

 

3). World Bank (2013). ‘China 2030: Building a Modern, Harmonious, and Creative High-Income Society(look at overview).

 

Resources on Websites: China Economic Review     Xinhuanet     People’s Daily Online

Week 8

 

October

23

Exploring the Chinese Economy

October 23 – Tentative country report proposal due (please arrange for appointment)

 

Required Readings:

 

1). World Bank (2018). ‘China Economic Update

 

2). Baker and McKenzie (2018). ‘Belt & Road: Opportunity & Risk The prospects and perils of building China’s New Silk Road.’

 

3). Peter Cai (2017). ‘Understanding China’s Belt and Road Initiative.

 

Additional Lecture Materials: Made in China 2025 (PPT)

 

Videos: Chinese Environment Part 1     Chinese Environment Part 2     Made in China 2025

 

Assignment 3 (Due November 6) - Write a 2-3 page paper detailing what is generally perceived as the most important challenge  facing the Chinese economy. Do the opinions in China differ from those outside China? This is not a group assignment. Reference at least 5 sources (Internet sites are fine).

Week 9

 

October

28, 30

Film: To Live (October 28)

 

South China Sea Dispute

 

To Live, is a film directed by Zhang Yimou, provides an overview of key events in twentieth-century China, moving from the 1940s to the 1970s.

 

China Continued

 

Week 10

 

November

4, 6

The Japanese Economy

Lecture 7: Japanese Economy     (PPT)

 

Required Readings:

 

1). 1). Ohno, Kenichi (2005), ‘The Path Traveled by Japan as a Developing Country: Economic Growth from Edo to Heisei’, Yuhikaku Publishing Co. Ltd., Tokyo. (Chapters 11, 12 and 13)

 

2). JAPANGOV (2018) ’ABENOMICS’ (PDF)

 

Additional Readings:

 

1). McCornac, D. C. (2014) ‘New Nationalism’ in Japan

 

2).  OECD.org. (2018) ‘How's Life in Japan?

 

Resources on Websites: Asia Pacific Journal: Japan Focus     Nikkei Asian Weekly     The Diplomat

 

Videos: Ten Best Places in Japan 

 

Week 11

 

November

11, 13

Japan Cont’d

 

Regional Integration

and the Trans Pacific Partnership

Lecture 8: ASEAN     (PPT)

 

Required Reading: 

 

Resources on Websites: APEC     ASEAN     Asian Economic Integration Monitor     Asia Regional Integration Center

 

Videos:

Week 12

 

November

18, 20

Topics of Interest

TBD

Week 13

 

November

25, 27

Presentations

Refer to Country Report Presentation Page

 

Week 14

 

December

2, 4

Presentations

Refer to Country Report Presentation Page

 

Take Home Exam (Due Dec 16)     (Word)

Week 15

 

December 9

Catching-up and Review

 

 

Refer to Country Report Presentation Page

 

Country Report Due December 9

Final Exam Week

Take-Home Final Exam

Take - Home Exam Due Sunday, December 16