New Economic Spaces in Asian Cities

This insightful book explores the transformation of urban economies in Asia, focusing on new industries and cultural dynamics in cities like Tokyo and Shanghai.

The East and Southeast Asia region represents a dynamic landscape of accelerated globalization and industrial transformation. Following a significant achievement of the 'industrialization paradigm' and a shift towards services-led growth, the early twenty-first century has seen leading Asian economies embrace a burgeoning 'New Economy.' This spectrum includes advanced industrial sectors such as finance, the knowledge economy, and the emerging cultural economy. In New Economic Spaces in Asian Cities, urban scholars present stimulating research that critically analyzes the New Economy phenomenon in Asia, offering theoretical insights and practical implications.

The formation of new industries alongside the transformation of traditional economic practices serves as both a catalyst for development and a reflection of broader societal changes. Major Asian cities emerge as pivotal arenas for this New Economy, fueled by a growing urban middle class, enhanced educational institutions, inter-regional mobility, and ambitious urban mega-projects. New Economic Spaces in Asian Cities brings this discourse to life through captivating narratives and case studies from cities like Tokyo, Seoul, Shanghai, Beijing, Shenzhen, and Singapore. Each chapter delves into theoretical and normative issues tied to the new cultural economy, revealing the intricate interdependencies and outcomes of urban development.

This book contributes significantly to our understanding of the ongoing transformation within Asia's urban systems, highlighting the intersections of global influences and local dynamics in the creation of new industries and the reconfiguration of urban spaces. The integration of empirical data, normative insights, and theoretical frameworks makes New Economic Spaces in Asian Cities a valuable resource for scholars, students, policy makers, and urban planners interested in Asian studies, urban and cultural studies, and economic geography.