1. Asian Model Of Development
... have stood out against the rest of the world as a model of development. Making up the East Asian and Southeast Asian Region, Japan, Korea, Malaysia, and Singapore have undergone an remarkable increase in GDP, converting from a poor and technology backwards economy to a group of prosperous nations. Singapore and Malaysia contain a rich ... labor intensive light industries like textiles to high technology, transport, and heavy industry. (Graph 7.4, P.279) Additionally, Japan created a lucrative automobile industry, along with a steel industry that rivaled and surpassed the American indus...
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- Grade Level: Undergraduate