Household economics is a branch of economics which has risen in importance in recent years because of its implications for economic policy. In the context of Asia, it is particularly significant because of the belief that Asian culture, with its emphasis on core family values, will play a central role in the economic development of Asian countries. This book, through a series of collected articles, explores the relationship between household economics, the family, and the emergence of strong Asian economies. The approach is ...
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Household economics is a branch of economics which has risen in importance in recent years because of its implications for economic policy. In the context of Asia, it is particularly significant because of the belief that Asian culture, with its emphasis on core family values, will play a central role in the economic development of Asian countries. This book, through a series of collected articles, explores the relationship between household economics, the family, and the emergence of strong Asian economies. The approach is unique in that it emphasizes an economic rather than a sociological perspective. Characteristics of Asian economies which are ignored or excluded in traditional analytical models are taken into account and dealt with, thereby constructing new models which incorporate modified assumptions consistent with modern Asian families and economies. This reissue features a new introduction by the editors.
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