East Asian Languages and Cultures | Issues in East Asian Society: Politics and Business in East Asia
E204 | 26228 | Jung, H.

3 credits
This course open to undergraduate students only
This course carries Culture Studies credit and COLL S&H distribution

This course examines the interaction between politics and economics
in East Asia and aims at reconciling this region’s past success with
the politico-economic difficulties in many of East Asian countries.

The first third of the course begins by exploring the causes and
consequences of the rise of industrial East Asia. We will examine
the rapid economic growth in East Asian economies such as Japan, the
Asian “four tigers” (South Korea, Taiwan, Hong Kong, and Singapore),
and the newly industrialized countries (NICs) of Malaysia,
Indonesia, and Thailand. A particular attention will be paid on the
role played by political institutions and geopolitical context to
understand “growth with equity” in East Asia.

The second part of the course will examine the challenges to
sustained growth faced by many countries in this region in recent
years. The role of national politico-economic system and business
groups in economic crises, the politics of financial crisis
management and reform, and the salience of regional institution-
building efforts for promoting sustained growth in East Asian
economies will be explored in depth.

The final part will focus on the challenges faced by China and
Vietnam today in their attempts to embrace more market-oriented
economic systems. We will examine the tensions in these countries
between economic and political openness. Their strategies to enjoy
rapid economic growth without the pitfalls of financial crisis or
political instability encountered by some of their regional
neighbors will be investigated.

Course requirements will include a midterm and a final exam, class
attendance and participation, and some quizzes. There are no
prerequisites although a basic grounding in economics and politics
would be helpful.