ECON 377 – 70: ECONOMIES OF EAST ASIA

Syllabus  (PDF)     Consultant Report  (PDF)     Grading Scale     Websites     

Consultant Report Topic Suggestions     AdditionalArticles          

 

 

 

Week 1

August

25, 27

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     Atradius Country Report Asia Pacific Country Reports     CountryWatch     Human Development Indicators     Familiarization      IMF Country Information   World Bank East Asia Pacific     World Factbook

 

Assignment 1 (Due September 15) - 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.  You will be asked to make a presentation during Week 4. You may do this assignment in a group of 2 or 3.

Weeks 2 and 3

September

1, 3, 8, 10

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 4

September

15, 17

The Economy of Vietnam

 

Lecture 4: Vietnam     (PPT)

 

Required Readings:

 

1). IMF (2019) ’Five Charts Explain Vietnam's Economic Outlook’

 

2). IMF (2018) The Story of Viet Nam's Economic Miracle     (Vietnam Rising Video)  

 

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

 

4). Foreign Policy (2019). ‘Vietnam Can’t Be the Next China

 

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

 

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

 

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

 

Videos: Best Places to Visit in Vietnam     Old Quarter Food     Traffic

Week 5

 September

22, 24

 Presentations on Countries

Country Presentations

 

Assignment 2 (Due October 6) - 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 6

September 29

October 1

Presentations on Countries

 

 

Country Presentations Continued

 

Introduction to Myanmar

 

Videos: Covering the Rohingya: Separating fact from fiction - The Listening Post     Facebook failing to tackle hate speech in Myanmar, investigative report finds

Week 7

October

6, 8

Ambiguous Role of the State and Economics of Corruption

 

Exam 1

Lecture 5: Ambiguous Role of the State and Economics of Corruption    (PPT)

 

Required Readings:

 

Transparency International (2019). ‘Asia Pacific: Little to No Progress on Anti-Corruption.   

 

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

 

Videos: Hands     How Corruption Starts    

 

Exam 1 (October 8)

Week 8, October 13 - 17 (Mid-term Break)

Week 9

October

20, 22

Exploring the Chinese economy

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

 

Videos: What's going on with China's economy? - BBC News     Global Investment Outlook – New Year 2019 – China’s economy slowing    

WEEK 10

 October

27, 29

Exploring the Chinese Economy Cont’d

October 27 – 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)     A brilliant plan, One Belt, One Road

 

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

 

Assignment 3 (Due November 12) - 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 11

 November

3, 5

To Live

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.

WEEK 12

November

10, 12

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)

 

3). Japan's Economy, Abenomics, and Impact on U.S. Economy

 

 

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     Womanomics

 

WEEK 13

November

17, 19

South China Dispute

 

 

Tying up Some Loose Ends

 

Intro to Regional Organizations and Issues

 

Videos: South China Sea Dispute Explained     Why China is building islands in the South China Sea  

 

South China Dispute

 

Videos:  Ageing Japan | The Burden of a Graying Planet | 101 East   

 

Videos: The Gap between China’s Rich and Poor 

  

ASEAN   (PPT)

 

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

 

Presentations begin on November 24  Refer to Presentation Schedule for Consultant Report

Thursday November  21, 2019 - Last Day to Withdraw from Courses

WEEK 14

November

24, 26

Presentations

Refer to Presentation Schedule for Consultant Report

WEEK 15

December

1, 3

Presentations

 

Take Home Exam       (Word)

 

Articles for Take Home Exam

Exam Period 

Take-Home Final Exam

Take - Home Exam Due December 8, 2019 by 6:00 pm.