The Formation of the Modern East Asian Economy
The history of these traders is often hampered
by lack of sources, but the more we learn of this trade,
the more often we find traces of their activities, sometimes
furtive and sometimes grand. And finally, the growth
of this intra-Asian trade had led to the emergence of
direct interconnections where the fate of one nation's
economy impinges on another. It may be argued that actually
I have been talking about just a few parts of these
countries, that in stressing the coastal peripheries
I have neglected the hinterland heartlands, particularly
in the case of China. But, as recent events in that
vast country have indicated, the path to industrialization
has come most successfully from the coastal zones that
so predominated in the pre-modern East Asian maritime
trade. Surely, I am sure you will agree, this is no
coincidence.
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