ECON 377 – 70: ECONOMIES OF EAST ASIA

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Week 1

January 8

January 10

(Sunday Schedule)

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

 

Assignment 1 (Due January 29) - 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

January

13, 15

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

January

20, 22

The Economy of Vietnam

Lecture 4: Vietnam     (PPT)

 

Required Readings:

 

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

 

2). PwC (2018). ‘PwC’s 2018 APEC CEO Survey -Vietnam

 

3). PwC (2017). ‘Spotlight on Viet Nam: The leading emerging market.’

 

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

January

27, 29

The Economy of Vietnam Cont’d

 

Country Presentations

Country Presentations

 

Assignment 2 (Due February 10) - 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

February

3, 5

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. 

 

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

Week 6

February

10

 

Catching up Time and Discussions

 

Week 7

February

17, 19

Exam 1

 

 

Exploring the Chinese economy

Exam 1 (February 17)

 

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

February

24, 26

Exploring the Chinese Economy Cont’d

February 24 – 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     IphoneSkit

 

Assignment 3 (Due March 17) - 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, March 3-7 (Spring Break)

WEEK 10

 March

10, 12

To Live

 

South China 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.

 

South China Sea Dispute

WEEK 11

 March

17, 19

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?

 

3). Charting Japan’s Economic Recovery

 

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

 

Videos: Ten Best Places in Japan     Womanomics

 

WEEK 12

March

24, 26

Japan Cont’d

 

Videos:  Ageing Japan | The Burden of a Graying Planet | 101 East    The Gap between China’s Rich and Poor     China Built A Replica Of Paris And It's Uninhabited     Rohingya Muslims: what is happening in Myanmar?     Hands     How Corruption Starts, 

WEEK 13

March 31

April 2

Intro to Regional Organizations

ASEAN   (PPT)

 

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

WEEK 14

April

7, 9

Presentations

Refer to Presentation Schedule for Country Report

 

Take Home Exam (Due Dec 16)     (Word)

Week 15

April

14, 16

Presentations

Refer to Country Report Presentation Page

Week 15

April

23

Catching-up Time

Country Report Due April 21

Exam Period 

Take-Home Final Exam

Take - Home Exam Due Sunday, April