The Diffusion of Western Economic Ideas in East Asia

This book examines the diffusion of economic ideas in East Asia, assessing the impact of external ideas on internal theory and practice. It considers economists from Adam Smith onwards, including Marx, Keynes, Hayek and contemporary economists, and covers the subject both historically and also includes present day and likely future developments. The book covers all the major countries of East Asia, and pays particular attention to specific economists who have had a strong impact in specific countries, and to important developments in economic theory in East Asia, exploring how far these have been driven by Western economic ideas. This book will be welcomed by students and scholars of East Asia and South-east Asia, as well as those interested in economics, economic history and management.

Part I: Introduction 1. The Introduction of Western Economics in East Asia, Malcolm Warner Part II: Country Contexts 2. The Diffusion of Western Economic Ideas and Policy Concepts in Dynamic Asian Economies: An Overview, Dilip K. Das 3. The Diffusion of Western Economics in China,Paul B. Trescott 4. The Diffusion of Western Economics in Japan, Kiichiro Yagi 5. The Diffusion of Western Economics in Korea, Hoon Hong 6. The Diffusion of Western Economics in Malaysia, Rajah Rasiah 7. The Diffusion of Western Economics in the Newly IndustrializedEconomies: Hong Kong, Singapore and Taiwan, Dilip K. Das Part III: Economists 8. Adam Smith in China: From Oblivion to Half-hearted Embrace? Hongyi Lai 9. German Economics and China: List, Marx and others, Paul B. Trescott 10. Friedrich List in China: The Second Face of Janus, Qunyi Liu 11. The Diffusion of F. A. Hayek’s Thoughts in Mainland China and Taiwan, Weisen Li, Xinyuan Feng, and Liang Sun 12. On Keynes and China: Keynesianism ‘with Chinese Characteristics’, Malcolm Warner 13. Adam Smith's ‘Sympathy’ in Modern Japanese Perspectives, Tatsuya Sakamoto 14. Japan’s Keynes: Takahashi Korekiyo (1854-1936), Richard J. Smethurst 15. Schumpeter and Japan: Development through Cycles, Mark Metzler 16. The Legacy of Belgium and the Netherlands, ‘L’Institut Supérieur de Commerce d’Anvers’ and Business Education in Japan: From the 1880s to the 1940s, Tadashi Ohtsuki Part IV: Themes 17. Western Economics in China after 1978: Four Views in Chinese Academia, Fuqian Fang 18. Western Neo-Classical v Marxist Economics in the PRC after Mao: Another Kind of Revolution? Steve Cohn 19. Impact of Western Economics on China’s Reforms from the Late 1970s to the Present: An Overview, Ying Zhu & Michael Webber 20. Western Ideas of Corporate Governance: China’s Reform of Large State-owned Enterprises, Jin Zhang Part V: Comparisons 21. Economic policy-making in Asia: the Western versus Eastern legacy of philosophical and economic thought, Bernadette Andreosso-O’Callaghan 22. Concluding Remarks: Culture, Ideas and Western Economics in East Asia, Malcolm Warner

Malcolm Warner is Professor and Fellow Emeritus, Wolfson College, Cambridge and Cambridge Judge Business School, University of Cambridge, UK.