The rapid rise of East Asia is one of the world’s most decisive events in the last sixty years from an economic development perspective. This course explores and explains the processes of rapid industrialisation and socio-economic transformation in East and South-East Asia. Fundamental factors and forces behind these changes are analysed against the background of leading theories of economic development and social change, which are heavily reliant on the Western experience(s). Themes such as agricultural modernisation, rural industrialisation, expansion of trade, impact of foreign investments and patterns of regional integration are explored and evaluated. Concepts such as developmental state, export-led growth, and growth with equity are employed and critically analysed. All countries in the region can serve as examples, but particular emphasis will be given to First-Tier industrialising economies (Japan, Korea, and Taiwan), Second-Tier industrializing countries (Malaysia, Indonesia, Thailand and Philippines) and Third-Tier industrialisers (China and Vietnam, followed by Cambodia, Laos and Myanmar). The course uses institutional theory to analyse the emergence of the so- called East Asian model of economic growth and discusses current trends and forces of globalisation in the Asia-Pacific region.