Economic Reform in Asia

Economic Reform in Asia

China, India, and Japan

Sara Hsu

Economic Reform in Asia compares and analyzes the reform and development patterns of China, India, and Japan from both historical and developmental perspectives. Sara Hsu specifically focuses on China’s reform and opening-up in 1979, India’s accelerated liberalization in 1991, and the outset of the Meiji Restoration in Japan in 1878. This detailed overview of growth patterns in Asia’s largest economies is invaluable, especially in its determination to understand which development policies work, what role institutions play in development, and what issues may arise during said development.

Chapter 7: Urbanization and migration

Sara Hsu

Subjects: asian studies, asian development, asian economics, economics and finance, asian economics

Extract

The forces of urbanization and migration have shaped the development and reform process in China, India, and Japan. This is because modern industries tend to develop in urban areas, pulling residents from rural areas to rapidly growing cities. Problems associated with rapid movement of people tend to arise as the infrastructure of cities often remains insufficient to support all human activities for some time. Studies of megacities and the urbanization and planning processes have arisen as a result. We now turn to the phenomenon of urbanization in the context of the reform process.

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