How Asia Works book cover

How Asia Works by Joe Studwell Summary

How Asia Works
Joe Studwell
4.26 (4928 Reviews)
Economics
Business
Politics
概要
主なポイント
著者
よくある質問

Overview of How Asia Works

How Asia Works reveals the true economic blueprint behind East Asia's miracle. Bill Gates' top recommendation demystifies why Japan and South Korea succeeded while others faltered. Studwell's three-step formula challenges Western development myths - a must-read that's reshaping global economic policy.

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重要なポイント

1

The Agricultural Revolution: Gardening as National Strategy

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Imagine trying to feed your family from a backyard garden. You'd use every square inch efficiently - planting crops closely, using vertical space, and carefully managing soil nutrients. This "gardening" approach is exactly what propelled Northeast Asian economies forward. After World War II, Japan, South Korea, Taiwan and later China implemented radical land reforms that divided agricultural land equally among farming families. These small farms - typically one hectare or less - functioned as highly productive gardens, achieving yields far higher than large-scale operations. The results were spectacular. Agricultural output increased by 50-75% in just a decade. Even today, Chinese rice yields exceed American yields by over 50% despite using much smaller plots. This efficiency came from intensive cultivation methods that large operations couldn't replicate. The agricultural abundance delivered multiple benefits: rural consumption created demand for consumer goods, agricultural self-sufficiency preserved foreign exchange for industrial investment, and household farms provided crucial social safety nets during economic downturns. Most importantly, land reform created unprecedented social mobility. South Korea's President Park Chung Hee and Hyundai founder Chung Ju Yung both came from farming backgrounds - mobility that remains almost nonexistent in Southeast Asia. This new class of small landowners became the backbone of rural savings, entrepreneurship, and education investment, creating an educated workforce that powered the region's economic miracle.

2

Manufacturing Excellence: The Discipline of Export Competition

3

Korea vs. Malaysia: A Tale of Two Car Industries

4

Financial Discipline: Banking That Serves Development

5

The Tale of Two East Asias: Why Some Succeeded While Others Failed

6

China's Rise: Following the Northeast Asian Playbook

7

The Path Forward: Lessons for Today's Developing Nations

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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

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"Feels effortless compared to reading. I’ve finished 6 books this month already."

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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

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