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James Austin Whit... | December 10th, 2012Source: The Telegraph. Picture taken of Chinese migrant worker's returning home for the Lunar New Year China’s economic development has had important changes in policy that adversely affected the indigenous private sector and more fervently favored...
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Noah Elbot | December 10th, 2012(From The Atlantic) A car stops beside a house in the middle of a newly built road in Wenling, Zhejiang province, November 22, 2012. An elderly couple refused to sign an agreement to allow their house to be demolished. They said that compensation...
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James Austin Whit... | November 24th, 2012Former World Bank Economist John Page drew on a World Bank study of the 8 High Performing Asian Economies (HPAEs) in the “The East Asian Miracle: Four Lessons for Development Policy”. While being dated in comparison with most of the other...
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Noah Elbot | November 23rd, 2012The 2012 State of the Union's viewership which approached 38 million people. To one extent or another, most of those watching have stakes in the policy announcements of the speech—investors, businessmen, and consumers. Inevitably, they will react to...
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James Austin Whit... | November 17th, 2012Photo of Joseph Chen, the founder and CEO of Renren, a social networking site colloquially known as the "Chinese Facebook" following his companies IPO “Capitalism with Chinese Characteristics: Entrepreneurship and the State” approaches basic...
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Noah Elbot | November 16th, 2012Above photograph taken by the author in Science Park, Sha Tin, Hong Kong A Home to Call Your Own: A look at the real estate bubbles in Hong Kong and China For this week, I would like to depart from the readings, which I will return to next...
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Noah Elbot | November 11th, 2012Above photograph taken by Cade Howard '14 of the author looking over SaiKung Harbour in the New Territories of Hong Kong. GLISP Mid-term - For a PDF copy of this paper with all the figures, contact the author at noah_elbot@brown.edu What...
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James Austin Whit... | October 28th, 2012This week we will take a further look at the role of technology and business in changing the Chinese and Indian Economies. “Changing Industrial Geography in Asia: India and China” explores the origins and implications of the respective development...
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Noah Elbot | October 27th, 2012Picture of the author and friend Niko Nakai in the Philippines The Snakes and Ladders of Asian Development My post from last week focused on a critical comparison between the developing economies of India and China. The...
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James Austin Whit... | October 19th, 2012A central question in China’s economic surge over the past couple of decades is whether or not such changes will lead to sustained performance on the international stage. The competiveness of indigenous Chinese firms and the ability of the...
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Noah Elbot | October 19th, 2012Above picture taken by the author at the Student Cafeteria in SH Ho College, CUHK. It is a demonstration put on by the Student Union protesting the sale of non-Free Trade coffee by Starbucks on campus. “Apparently, sir, you Chinese are...
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James Austin Whit... | October 12th, 2012Last time, we introduced Acemoglu and Robinson’s framework for discussing examining institutional development. This week, I want to focus more on a subset of that framework devoted to growth under extractive institutions. We posited that there are...
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Noah Elbot | October 12th, 2012Above picture taken by the author on campus at the Chinese University of Hong Kong Post 2 – Birth of Institutions, Ethnic Fractionalization, and Scared Politicians Many of the worst ills of American society, increasingly to be found in...
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James Austin Whit... | October 5th, 2012Acemoglu and Robinson's "Why Nations Fail" explores various development histories and strategies through out the world. Through close examination of institutional systems as diverse as the east African Kingdom of Kongo, Victorian and Industrial...
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Noah Elbot | October 5th, 2012Above picture taken by the author on campus at the Chinese University of Hong Kong. This is the first post for the Global Independent Study I am doing in partnership with Austin Whittaker, titled: Economic Growth in Hong Kong and China. The...
Dragon or Phoenix: a look at Institutions and Economic Growth in East Asia
It seems that the story of the 21st century will be one of a flatter global economic playing field. The foundation for this was the unprecedented economic growth in the late 20th century in post-colonial nations. Nowhere has this economic development been more apparent than in East Asia.
Austin Whittaker '14 and Noah Elbot '14 are currently studying abroad at the Chinese University of Hong Kong as part of the Brown Plus One program. They are conducting a Global Independent Study Project under the supervision of Professor David Weil. This project is motivated by an interest in the historically unprecedented growth of Hong Kong and China in the 20th century. We hope to approach this development from an economic and institutional standpoint, delving into the institutional origins of the growth and the resources which made it possible. By observing the historical data and analysis from businesses, demographics, and global capital movements, we hope to explore the possible causes and results of the development. We also want to discover the contrasts and paralells between the economic growth models that China and Hong Kong have been working within, and what the consequences of their respective development trajectories will be.
Location
Chinese University of Hong Kong
Sha Tin Hong Kong S.A.R., China

