East Asian Economic Development


Satya Gabriel


sgabriel at mtholyoke.edu

Office Hours:

MF 10-12Noon

Class Days/Time:

TTH 10-11:15


Skinner 216

Faculty Web Page:

Click Here for S. J. Gabriel Home Page

Course Description

This course provides an overview of economic development in East Asia. The complex interplay of public policy, global competition, and domestic economic relationships in China, Japan, and Korea will serve as the core subject matter of the course, though patterns of economic development in Indonesia, Malaysia, Singapore, and Viet Nam will also be discussed. Special attention is given to conditions under which regional economies have successfully blended elements of import-substituting industrialization with export-oriented growth. A common philosophical approach to development, which is described in the course as .modernist. is described and discussed, demonstrating the key role that this particular philosophical orientation has played in driving a technologically focused and state-centered approach to economic growth and development in all of the successful East Asian models.

Course Goals and Student Learning Objectives

Required Texts/Readings


Ha-Joon Chang, The East Asian Development Experience: The Miracle, the Crisis and the Future.
Satya Gabriel, Financial Institutions and Development in China

Classroom Protocol

Students are expected to attend each and every class meeting and to arrive in class on time. Turn off cell phones and close notebook computers during the lectures. Students should be prepared to answer questions in class and responses will contribute (positively or negatively) to final grades.

Grading Policy

Course grades will be based on the total accumulation of points from three sources: weekly quizzes, class participation, and the final examination. 
Students will have at least two methods for qualifying out of taking the final examination (by earning 70 points on 7 quiz scores and/or writing an optional 15 page research paper, whose outline and thesis must be approved no later than April 1 with a first draft completed by April 15 and the final version turned in no later than the last day of final examinations.
Note that students also have the option of substituting up to two five to seven page essays on an approved thesis statement for 2 quizzes. These essays are automatically included in the 7 counted quiz scores (whether or not the grade is the equivalent of 10 out of 10 points).

In-class participation -- 10 percent of the final grade 

Weekly quizzes -- 70 percent of the final grade 

Final Examination -- 20 percent of the final grade  (some students will test out of taking the final examination based upon performance in weekly quizzes)


Jan. 28-30: Read intro and chapter 1 of Ha-Joon Chang and chapter 1 of the China text. Quiz No. 1 will be on Jan. 30th.

Feb. 4-6: Read chapter 2 of Ha-Joon Chang

Feb. 11-13: Read chapters 3 and 4 of Ha-Joon Chang.

Feb. 25-27: Read chapters 5 and 6 of Ha-Joon Chang.

March 4-6: Read Part IV (chapters 7-9) of Ha-Joon Chang.

April 3-5: Read chapters 1-2 of the China text

April 10-12: Read Chapters 3-4 of the China text

April 17-19: Read chapters 5-6 of the China text

April 24-26: Read chapters 7-11 of the China text

April 29: Review and Conclusions Session.