BSP2005 Class 2 S2 2015 Asian Miracle
Asian Business Environments - Week 2
The Asian Miracle
Dr. Markus Taussig
NUS Business School
Friday, January 23, 2015
Housekeeping
❖
Discussion Forum is open!
❖
Pre-class assessment:
❖
❖
361 out of 369 registered students submitted (some Incompletes as well)
❖
Do press “End Assessment” — or be penalised a question (future weeks only)
❖
I will drop lowest grade at the end of the semester
Weekly Tutorials begin next week!
✓
Did everyone sign up for one?
✓
Next week: laying out presentation rules and forming presentation groups
✓
I will drop lowest participation score for everyone (including absences)
2
160"
140"
120"
100"
80"
60"
40"
20"
0"
17"
16"
15"
14"
13"
12"
11"
10"
9"
8"
7"
3"
Distribution of class scores
Pre-Class
Assessment Scores
3
Good job overall!
Pre-Class Assessment Answers
Answer
Correct (%)
1
2
D
C
99%
89%
3
B
99%
4
FALSE
96%
5
C
98%
6
TRUE
98%
7
E
68%
8
A
97%
9
D
78%
10
C
96%
11
C
94%
12
C
98%
13
A
90%
14
B
90%
15
D
92%
16
C
94%
17
A
75%
18
Opinion
19
Opinion
20
Opinion
4
This Week’s Assigned Readings
❖
Hill (1997). “Towards a political economy explanation of rapid growth in ASEAN: A survey and analysis. ASEAS
Economic Bulletin.
❖
Doner, Slater, and Ritchie (2005). “Systematic vulnerability and the origins of developmental states:
Northeast and Southeast Asia in comparative perspective.” International Organisation.
❖
Krugman (1994). “The Myth of Asia’s Miracle.” Foreign
Affairs.
5
Your View of
Asian Miracle
A lot of diversity in opinion in the class: This is also good!
6
The “Asian Miracle” in One Slide
❖
Some Asian countries experienced exceptional growth rates with limited inequality for multiple decades
❖
Growth has resulted in substantial improvements in quality of life (human development)
❖
Successful countries evolved through stages: agriculture and commodities —> low value, labor-intensive manufacturing —> high value manufacturing
The Asian Miracle
Dr. Markus Taussig
NUS Business School
Friday, January 23, 2015
Housekeeping
❖
Discussion Forum is open!
❖
Pre-class assessment:
❖
❖
361 out of 369 registered students submitted (some Incompletes as well)
❖
Do press “End Assessment” — or be penalised a question (future weeks only)
❖
I will drop lowest grade at the end of the semester
Weekly Tutorials begin next week!
✓
Did everyone sign up for one?
✓
Next week: laying out presentation rules and forming presentation groups
✓
I will drop lowest participation score for everyone (including absences)
2
160"
140"
120"
100"
80"
60"
40"
20"
0"
17"
16"
15"
14"
13"
12"
11"
10"
9"
8"
7"
3"
Distribution of class scores
Pre-Class
Assessment Scores
3
Good job overall!
Pre-Class Assessment Answers
Answer
Correct (%)
1
2
D
C
99%
89%
3
B
99%
4
FALSE
96%
5
C
98%
6
TRUE
98%
7
E
68%
8
A
97%
9
D
78%
10
C
96%
11
C
94%
12
C
98%
13
A
90%
14
B
90%
15
D
92%
16
C
94%
17
A
75%
18
Opinion
19
Opinion
20
Opinion
4
This Week’s Assigned Readings
❖
Hill (1997). “Towards a political economy explanation of rapid growth in ASEAN: A survey and analysis. ASEAS
Economic Bulletin.
❖
Doner, Slater, and Ritchie (2005). “Systematic vulnerability and the origins of developmental states:
Northeast and Southeast Asia in comparative perspective.” International Organisation.
❖
Krugman (1994). “The Myth of Asia’s Miracle.” Foreign
Affairs.
5
Your View of
Asian Miracle
A lot of diversity in opinion in the class: This is also good!
6
The “Asian Miracle” in One Slide
❖
Some Asian countries experienced exceptional growth rates with limited inequality for multiple decades
❖
Growth has resulted in substantial improvements in quality of life (human development)
❖
Successful countries evolved through stages: agriculture and commodities —> low value, labor-intensive manufacturing —> high value manufacturing