Collaborative Development in Northeast Asia

In Collaborative Development in Northeast Asia, Michio Morishima is concerned with an imaginary world as Joseph A. Schumpter was in Capitalism, Socialism and Democracy . Unlike his model, Morishimas explicitly assumes that both politicians and entrepreneurs are active in making innovations in the political and business worlds respectively. Only then would an Asian Community made up of China, Japan, two Koreas and Taiwan be possible. He examines how the Community would work and argues that it is the only hope for Asias revival.