The effects of Asia's extraordinary economic rise in the latter half of the 20th Century are well documented, but could the lessons learned from this period of transformational growth help emancipate the developing world from poverty, or even guide the developed world to increased prosperity? In The Miracle: The Epic Story of Asia's Quest for Wealth, Michael Schuman explores the jet-fueled economic rise of South Korea and eight other Asian countries to glean lessons with far-reaching applications.

Schuman uncovers the stories behind well-recognized trends, such as outsourcing to Asia; the transformation of South Korea's homegrown companies into global corporations; and the technological changes and global economic shifts that made an economic boom possible in South Korea and Asia at large. He also reveals the compelling human side to this economic story, turning the spotlight on the ideas and actions of the dictators and democrats, generals and technocrats, and economists and engineers who collectively elevated Asia to its place of economic prominence.

Wednesday, August 19, 2009
11:30 AM-12:00 AM * Registration
12:00 PM-1:30 PM * Lunch and Presentation

About the Speaker


Michael Schuman is the Asia business correspondent for Time Magazine and covers economic issues for the entire continent. He has been a business journalist in Asia for more than ten years. He also spent more than six years as a correspondent for the Wall Street Journal in South Korea, Singapore, and Indonesia. He won an Overseas Press Club Award with other Wall Street Journal reporters for the newspaper's coverage of the 1997 Asian economic crisis. Prior to his experience in Asia, Schuman was a staff writer at Forbes. He lives in Hong Kong.

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