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Economics / Business

Japan, China, and the Growth of the Asian International Economy, 1850-1949

(Oxford University Press 2005)

Kaoru Sugihara (ed.)

Economic history in modern Asia is commonly written in terms of its impact on the West.
This book, the result of a 1993 workshop held in Osaka on the role of China in the Asian economy, argues that the growth of trade and the migration of capital itself has been a strong factor in determining East Asian development.
The twelve papers in this volume (the first in a proposed series, “Japanese Studies in Economic and Social History,”) concern themselves with three major themes.
The first is the importance of economic interactions between Japan and China, how—for example—Japan’s industrialization took advantage of the Chinese merchant networks in Asia.
And how Chinese competition was a critical factor in Japanese organizational and technological upgrading in the periods in between.
The second theme shows just how China’s entry into the international economy was shaped by the growth of intra-Asian trade, by migration, and by capital flows and remittances.
The third theme is how intra-Asian trade enables us to understand the nature of colonialism and the climate of imperialism.
One review called this book “an important corrective to traditional accounts in its clear picture of how and why interactions between East Asian economies shaped the region’s economic development.”

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