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    <subfield code="a">The newly industrialising countries of Asia :</subfield>
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    <subfield code="a">3rd. ed.</subfield>
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    <subfield code="a">Definition of Newly Industrializing Countries (NICs) 1 -- The Role of the Asian NICs in International Trade 1 -- The Asian NICs in World Development 6 -- Chapter 2 The Growth Performance of the NICs 15 -- Growth performance since the mid-1960s 16 -- Changes in economic structure 47 -- From import-substitution to export-expansion 54 -- Changes in income distribution and living standards 63 -- Changes in population growth 69 -- Improvements in education 71 -- Appendix The effective rate of protection 75 -- Chapter 3 Explaining the Emergence of the NICs 81 -- The Mainstream view 81 -- The Radical view 99 -- Appendix Singapore's transition from LDC to NIC 75 -- Chapter 4 The Role of Japan in the Rise of the Asian NICs  125 -- Economic complementarity 125 -- Trade between Japan and the Asian NICs 129 -- The role of Japanese foreign investment 132 -- The upvaluation of the Yen 136 -- Chapter 5 The Risks of Export-Oriented Industrialisation  142 -- The first oil crisis 143 -- The second oil crisis and the recession of the mid-1980s  144 -- The depth of the recession 144 -- Causes of the recession 147 -- Economic recovery 158 -- Chapter 6 Prospects for the Asian NICs 162 -- More difficult trading conditions 165 -- Currency re-alignments 169 -- Changes in technology 170 -- Rising costs 173 -- Meeting the challenges of the future 176 -- Chapter 7 More NICs in Time? 187 -- Optimistic views 187 -- Pessimistic views 191 -- Distinguishing features of an NIC 193 -- Malaysia as the next NIC of Asia 195 -- Thailand as the next NIC of Asia 203 -- Indonesia as the next NIC of Asia 209 -- Chapter 8 The Asian Currency Crisis 219 -- The Asian Currency Crisis 219 -- South Korea 224 -- Hong Kong SAR 229 -- Singapore 233 -- Taiwan 234 -- Recovery from the Asia Currency Crisis 235 -- Chapter 9 The NICs in World Trade and Development 239 -- The NICs and the USA 239 -- The NICs and the EU 244 -- The NICs and Australia 247 -- The NICs and China 271 -- The NICs and Eastern Europe 276 -- Chapter 10 The War on Terror 279 -- 911 279 -- The War on Terror 279 -- War in Afghanistan 280 -- The shift to Southeast Asia 281 -- The war on Iraq 284 -- The impact on Asia 286 -- The impact on the Asian NICs 289 -- The costs of rapid economic growth 292 -- Lessons from the Asian NICs 300.</subfield>
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