Rethinking Asia's Economic Miracle

Was it mere chance that the most successful economies of the second half of the twentieth century were all in East and Southeast Asia, a region of the world consumed by confrontation and conflict? In this important contribution to understanding both the Asian economic miracle and the 1997-8 crisis, Richard Stubbs assesses the main explanations to date and offers his own original analysis which emphasises the role played by the Cold War and the general geopolitical context.