East Asian Economic Issues, Vol 4

East Asian Economic Issues, Vol 4 PDF Author: Jon D Kendall
Publisher: World Scientific
ISBN: 9814495298
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
This book is a compilation of joint papers written by the staff and students of the Nanyang Business School in Singapore. It encompasses a broad range of interesting microeconomic and macroeconomic topics. The four sections of the book cover Singaporean microeconomic and macroeconomic issues, interdependence among Asia-Pacific economies, and other Asia-Pacific economic issues. The book embodies the highest level of technical rigor and commitment to excellence.The general public should find this book a handy, useful and informative tool for understanding the economics of East Asia. In particular, analysts and researchers in banks, securities houses, multinational corporations, government ministries and agencies, and universities will find the book indispensable for enhancing their understanding of the region's economies.

Population Change and Economic Development in East Asia

Population Change and Economic Development in East Asia PDF Author: Andrew Mason
Publisher: Stanford University Press
ISBN: 0804743223
Category : Political Science
Languages : en
Pages : 527

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Book Description
The fifteen essays in this volume address from several viewpoints the question of what role population change played in East Asia's rapid economic development.

East Asian Economies

East Asian Economies PDF Author: Toshihiko Kawagoe
Publisher: Institute of Southeast Asian Studies
ISBN: 9813016973
Category : Political Science
Languages : en
Pages : 435

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Book Description
East Asia is regarded as growth center in the world today, even as political tension in that region remains high. Economic growth has spilled over from Japan to the Asian newly industrialized economies, as well as to the middle-income countries of the Association of Southeast Asian Nation (ASEAN) through foreign trade and investment. Despite economic growth, an East Asian multilateral security scheme was never created. Will this situation change in the new international environment? With these trends in mind, the collection of articles in this volume sheds light on economic and political issues of natural in East Asia. The articles discuss a comprehensive range of topics:Macroeconomic performance,foreign direct investment, trade policies, financial markets, security arrangements, surveys of recent developments in South Korea, People's Republic of China, and Taiwan.Integration within ASEAN focusing on AFTA and sub-regional co-operation. Integration of Indochinese economies in to greater Southeast Asian markets.

The Key to the Asian Miracle

The Key to the Asian Miracle PDF Author: José Edgardo L. Campos
Publisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
"Easily the most informed and comprehensive analysis to date on how and why East Asian countries have achieved sustained high economic growth rates, this book] substantially advances our understanding of the key interactions between the governors and governed in the development process. Students and practitioners alike will be referring to Campos and Root's series of excellent case studies for years to come." Richard L. Wilson, The Asia Foundation Eight countries in East Asia--Japan, South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, and Indonesia--have become known as the "East Asian miracle" because of their economies' dramatic growth. In these eight countries real per capita GDP rose twice as fast as in any other regional grouping between 1965 and 1990. Even more impressive is their simultaneous significant reduction in poverty and income inequality. Their success is frequently attributed to economic policies, but the authors of this book argue that those economic policies would not have worked unless the leaders of the countries made them credible to their business communities and citizens. Jose Edgardo Campos and Hilton Root challenge the popular belief that East Asia's high performers grew rapidly because they were ruled by authoritarian leaders. They show that these leaders had to collaborate with various sectors of their population to create an environment that was conducive to sustained growth. This required them to persuade the business community that their investments would not be expropriated and to convince the broader population that their short-term sacrifices would be rewarded in the future. Many of the countries achieved business cooperation by creating consultative groups, which the authors call deliberation councils, to enhance accountability and stability. They also obtained popular support through a variety of wealth-sharing measures such as land reform, worker cooperatives, and wider access to education. Finally, to inhibit favoritism and corruption that would benefit narrow interest groups at the expense of broad-based development, these countries' leaders constructed a competent bureaucracy that balanced autonomy with accountability to serve all interests, including the poor. This important book provides useful lessons about how developing and newly industrialized countries can build institutions to implement growth-promoting policies.

An East Asian Renaissance

An East Asian Renaissance PDF Author: Indermit Singh Gill
Publisher: World Bank Publications
ISBN: 082136748X
Category : Business & Economics
Languages : en
Pages : 386

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Book Description
An East Asian Renaissance, by a World Bank team led by Chief Economist for East Asia & Pacific, Dr Homi Kharas and Economic Adviser, Dr Indermit Gill is the first comprehensive analysis of the new forces and challenges at play in the region since the Bank's seminal report of 1993, The East Asian Miracle. The report argues that regional flows of goods, finance and technology are helping even smaller East Asian countries reap the benefits of economies of scale and that this regional integration must be encouraged. But it also points out that these measures have to be supported by actions at the domestic level to ease the stresses and strains that rapid economic growth leaves in its wake. East Asia must now turn to the urgent domestic challenges of inequality, social cohesion, corruption and environmental degradation arising from its economic success.

Rethinking the East Asian Miracle

Rethinking the East Asian Miracle PDF Author: Joseph E. Stiglitz
Publisher: World Bank Publications
ISBN: 0195216008
Category : Political Science
Languages : en
Pages : 538

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Book Description
This volume provides highly illuminating, analytic perspectives on key facets of the East Asian economies. It discusses weaknesses in the financial sector, corporate governance, exchange rate and trade policies, regulatory capability, and proposes remedies. Rethinking the East Asian Miracle is an indispensable book for all those with an interest in East Asia's prospects in the early decades of the new century.

The Economics of East Asian Integration

The Economics of East Asian Integration PDF Author: Masahisa Fujita
Publisher: Edward Elgar Publishing
ISBN: 0857930125
Category : Political Science
Languages : en
Pages : 543

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Book Description
This volume is intended to be the most comprehensive textbook on economic integration in East Asia. It introduces the reader to various issues related to the topic such as institutional building of FTAs; production networks and the location choice of MNEs; R&D and innovation; infrastructure development and transport costs; international migration and service trade; monetary integration; regional disparity and poverty. It also deals with the critical energy, environmental and agricultural concerns. Each chapter contains ample data and rigorous analyses, complemented by illustrative box articles. Covering a wide range of aspects surrounding economic integration in East Asia, this well-researched text will appeal to undergraduate and postgraduate students of development studies, regional economics and Asian studies. It will be of particular value to those on courses concerned with economic and regional integration.

Growth in East Asia

Growth in East Asia PDF Author: Mr.Michael Sarel
Publisher: International Monetary Fund
ISBN: 1451852088
Category : Business & Economics
Languages : en
Pages : 38

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Book Description
This paper examines the different arguments raised by the studies that addressed the East Asian growth experience. The original arguments presented in this paper are all on the negative side, highlighting problems associated with some of the possible explanations for the East Asian miracle. The paper concentrates mainly on four dimensions of the debate about the East Asian growth experience: (i) The nature of economic growth intensive or extensive?; (ii) The role of public policy and of selective interventions; (iii) The role of high investment rates and a strong export orientation as possible engines of growth; and (iv) The importance of the initial conditions and their relevance for policy.

A Resurgent East Asia

A Resurgent East Asia PDF Author: Andrew D. Mason
Publisher: World Bank Publications
ISBN: 146481371X
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
East Asia has been a paragon of global development success. The dramatictransformation of the region over the past half century—with a succession ofcountries having progressed from low-income to middle-income and even to high-incomestatus—has been built on what has come to be known as the “East Asiandevelopment model.” A combination of policies that fostered outward-oriented, labor-intensivegrowth while strengthening basic human capital and providing sound economicgovernance has been instrumental in moving hundreds of millions of people out ofpoverty and into economic security.Yet East Asia’s economic resurgence remains incomplete. More than 90 percent of its peoplenow live in 10 middle-income countries, many of which can realistically aspire to high-incomestatus in the next generation or two. But these countries are still much less affluent andproductive than their high-income counterparts. Even as the region’s middle-income countriesattempt to move up to high-income status, they confront a rapidly changing global andregional economic environment. Slowing growth in global trade and shifts in its patterns,rapid technological change, and evolving country circumstances all present challenges tosustaining productivity growth, fostering inclusion, and enhancing state effectiveness.A Resurgent East Asia: Navigating a Changing World is about how policy makersacross developing East Asia will need to adapt their development model to effectivelyaddress these challenges in the coming decade and sustain the region’s remarkabledevelopment performance.“The world is changing. How do East Asia’s developing economies navigate this change?This is a commendable book on this topic—a must-read for policy makers, academia,and students who are interested in East Asia.”— Chatib Basri, Former Minister of Finance, Government of Indonesia“A Resurgent East Asia is a vital publication for the most successful region as it looks tothe future and the expectations of its citizens. This study helps to identify the new areasof risk and to suggest ways to ameliorate them. In so doing, it is an invaluable resourcefor governments. Based on first-rate analysis, it is a must-read for policy makers andeveryone interested in East Asia’s development prospects!”— Danny Leipziger, Managing Director, The Growth Dialogue, and Professorof International Business, George Washington University“This report delivers a careful and rigorous analysis of the strengths of East Asia’s ‘growthwith equity’ development strategy. While noting the model’s success in lifting millions outof poverty, the report also warns of the looming challenge of maintaining growth withinclusion, and it highlights the need for countries to improve their social protection systemsand ensure that opportunities are fair and available to all. A must-read for policy makersand development practitioners alike.”— Ana Revenga, Senior Fellow, Brookings Institution

Understanding East Asia's Economic "miracles"

Understanding East Asia's Economic Author: Zhiqun Zhu
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 110

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Book Description
There has been no miracle, says Zhu at least in the sense of divine intervention. He attributes the rapid economic growth in East Asia to decades of hard work by people in the region, though admittedly aided somewhat by favorable international and domestic conditions, sound government policies, and a few far-sighted leaders. He begins by profiling countries in the order they emerged into the world spotlight: Japan, South Korea, China and Taiwan. Then he compares their economies, concludes with a comprehensive explanation for the overall phenomenon and its internal variations.