HONOURS MODERN HISTORY
The Rise of Asia

*When World War II ended, most of Asia was either still under European colonial rule or administered by American or Soviet occupation forces. Most of the area was considered about as well-developed as Europe's African colonies.  However, the various European colonies gained their independence in the 1940s and 1950s, and American occupation of Japan formally ended in 1952 (although many American military bases remain their today).

*American occupation and the Korean War were both good for Japan.  In 1946, Japan adopted a new constitution, largely written by MacArthur, and based on the US and British Constitution, with a bicameral Diet under a constitutional monarch.  It retained the Emperor, largely as a figurehead, abolished the other nobility, ended Shinto as the official religion, and allowed other religions, notably Christianity, to be practised.  Women were also given the right to vote and the education system was reformed and made available to more people.   

*America sent financial aid to Japan during the occupation period, and Japan's role as a staging ground for many of the troops sent to Japan also boosted its economy.  Furthermore, although the war had destroyed its industrial capacity, the expertise that had created it in the first place remained.

*In the 1960s Japan began to boom economically.  Taking advantage of a large and well-educated labour force, Japan industrialised, selling cheap goods on the world market, especially to the USA.  In the 1970s, Japan benefited from the Oil Crisis caused by the 1973 OPEC embargo by shifting from heavy industry to the light, high-tech industries (such as electronics) it now excels in and by selling its small, fuel-efficient cars in the USA.  The rise of Japanese cars in America dates to this time.

*Japan was not the only East Asian country to experience an economic boom (although it was the most successful).  Other Asian countries (which were still comparable to Africa when the 1960s began) had a few big advantages over other parts of the Third World:  they had relatively stable governments, relatively well-educated workforces, large workforces (which would work cheaply), and access to good transportation routes (by sea and major rivers). 

*During that 1960s, Japan and the East Asian Tigers, Hong Kong (which was then independent from China), Singapore, South Korea, and Taiwan saw tremendous growth in their economic power and their importance in the world.

*Asia’s Tigers took advantage of their potential and nurtured it further.  They focused on improving their nations’ education systems and on producing exports for the world market.  They also protected local property rights and human rights while doing so.  This export-oriented industrialisation drew the Tigers into the world economy (although not perfectly, because the Tigers had high tariffs to discouraged imports), developed their manufacturing sectors, and created well-educated societies. 

*About 1997 (and earlier, in the case of Japan), this model of EOI failed, or at least hit some very rough spots, as economic problems in other parts of the world caused demand for their exports to drop (and reduced investment in the Tigers).  Without anyone to buy their products, their economies stalled.  Like most Asian countries, they also had traditions of saving rather than spending money, so local demand for their own products was not enough to keep their economies strong.  This was made worse as speculation in the financial market destroyed some important banks in Asia, which further limited investment and spending in the region.

*Japan's economy had already stalled in the early 1990s.  In part, the wealth of the 1980s had caused companies and individuals to spend and invest carelessly, putting money into bad investments that did not pay off.  Many Japanese companies also borrowed heavily (something unusual in Asian cultures), and then found they could not repay their debts.  This led to a stock market crash in the early 1990s, and a decade of poor economic performance.  Although things are improving again, Japan is no longer as dominant as it was in the 1980s, when Japan’s economic power frightened even the USA.

*The Tigers have also suffered from the emergence of Red China and India as major industrial nations that can now provide cheaper educated workers than can the Tigers, which have grown wealthy enough that their people will not work for low enough wages to remain competitive.

*In India and China, there are vast population resources that will still work for very low wages.  In part this is due to the Green Revolution, an improvement in agricultural techniques in many Third World Countries (due to increased use of machinery, fertilisers, and pesticides, the introduction of new types of crops, and better systems of irrigation and land management). 

*Although the Green Revolution began in Mexico (which went from importing half its wheat in 1943 to being self-sufficient in 1956 and exporting half a million tons in 1964), its impact was most visible and most famous in India, where the population (once frequently decimated by famine) has more than tripled in size since Independence.  Today India is the world's largest democracy.

*China's population grew so quickly in the 1950s that China's government (although initially very pleased) feared the population would outstrip the government's ability to care for its people and modernise the country.  This led to the 'one-child policy,' implemented in 1979, that has strongly encouraged parents to limit their families to one child (twins are treated as a single birth).  In some areas and under some circumstances more children have been permitted.  Likewise, parents who have more children can pay a fine.  However, abortion and child abandonment became increasingly common in China after the policy began, a large sex imbalance has been created (about 119 boys per 100 girls), and a generation of spoiled 'little emperors' have been raised as two parents and four grandparents raised a single child.

*Today China and India are following EOI strategies, and India in particular is also taking advantage of its large population of English speakers to provide services to the western world, in such places as call centres and telephone help desks.  India's economy has grown and is growing quickly, but China's has done so even more.

*After the death of Chairman Mao in 1976, the Communist Party of China began quietly reforming their country, and bringing it more into line with the rest of the world—indeed, during this period, China and the USA began to normalise relations, especially after 1979, when the USA recognised Red China as a sovereign state (partly to counterbalance the USSR, which had a different brand of Communism, and now hated Red China).

*In the late 1970s and 1980s, China opened trade with the outside world, and allowed their own farmers to begin selling crops on the open market.  In the late 1980s and 1990s, the government created Special Economic Zones—selected cities in which the government began to step back from industry and allow companies to run themselves (much like western capitalist countries).  When China regained Hong Kong (1997) and Macau (1999) it treated them as Special Administrative Regions with many of their old economic freedoms permitted.

*Recently, China has begun reforming its banking system, closing failing businesses, and trying to equalise income between the rich and the poor in the country.  Since these reforms began in 1978, China’s economy has quadrupled.

*The USA has typically been very supportive of China’s efforts, partly out of the hope that relaxation of government control in some areas will lead to relaxation elsewhere, and thus more democracy and human rights—indeed, it is hoped that a growing middle class will demand more rights (as has happened in so many other places).  Perhaps even more important, China (like India) is an emerging economy, and with 1.3 billion Chinese people, we want them to buy things from the United States.  Furthermore, we want to be able to buy cheap products the United States can no long produce profitably.

*Vietnam began some economic reforms based on those in China around 1995 (and in response the US recognised Vietnam).

*Today Japan in America's fourth largest trading partner, and China is second.  China is Japan's first partner while the US is (since 2004) its second.  The growth of China also led to the rise of the price of many metals, other construction materials, and oil in the part few years.

*Parts of Asia (particulary the Middle East) are rich in oil, but so are Russia, Indonesia, and Brunei, which had brought wealth to these countries (or at least their leaders).  Many central Asian countries remain poor, however, as does East Timor.  Myanmar still has a repressive military dictatorship, and many countries have to deal with terrorists and rebels.

*China and Taiwan still have disputes over who is the true government of China.  China also had border disputes with India (which also has them with Pakistan).  Japan has border disputes with Russia.  North and South Korea are officially seeking unification (South Korea did encouraged a reduction of tensions with its Sunshine Policy, but North Korea's nuclear tests in 2006 and a change in presidents in South Korea in 2008 have threatened to end the Sunshine Policy).  China, India, Pakistan, and North Korea all have nuclear weapons.  In many ways, Asia has become very prosperous in the past 50 years, even driving much of the world's economy, but it is still more susceptible to economic problems than the West, and still has many disagreements among and within its countries.

*Despite its remaining problems, Asia is on the rise and may one day be the wealthiest and most powerful region on Earth (as it was before the rise of Europe when modern history began).



This page last updated 14 December, 2008.