In the last two decades or so, the Asian Pacific region has experienced a high rate of economic growth. This changing economic landscape is a consequence of social, spatial, political and economic transformation in the region. Coupled with this is China's major role in regionalisation that is creating challenges and opportunities for the region. The recent global financial crisis has slowed exports resulting in a decline in economic growth across the region. This course is designed to examine the process of rapid transformation of economies in the Asia Pacific region. More specifically, we investigate the institutional, social, political and economic underpinnings of major economies in the region. We also highlight the lack of social cohesion, environmental issues and political instability in the region. We extend the analysis to emphasise the fundamental drivers of change by focusing on the agricultural, industrial and institutional reforms reshaping the evolving and ever changing this critical region, the Asia Pacific.
Not currently offered.
On successful completion of the course students will be able to:
1. Demonstrate knowledge of the economic transformation in the Asia Pacific region.
2. Critically analyse the theories of economic growth and social transformation in the Asia Pacific Region.
3. Identify and appraise the geographic, social, institutional and political developments, including demographic change, human capital development, and environmental challenges facing the region.
4. Develop and present a critically reflective and case study of a selected country in the Asia pacific region.
The topics will vary from year to year but students can expect to develop theoretical and policy insights in the following areas:
- The Role of Government Policy in the Asia Pacific Economy
- Capital Flows and Financial Sector Reforms
- Technological Change and Growth
- The East Asia Miracle and Beyond
- The Global Financial Crisis and Economic Transformation
- Industrial and Rural Industrialisation and Growth
- Comparative Institutional Analysis of Government Business Relationships
- The Unfolding Renaissance in the Asia Pacific Region
Written Assignment: Written Group Report
Presentation: Group Presentation
Written Assignment: Individual Article Review
Formal Examination: Final Examination