Solving the Riddle of Globalization and Development

Solving the Riddle of Globalization and Development PDF Author: Manuel Agosin
Publisher: Routledge
ISBN: 1135987300
Category : Business & Economics
Languages : en
Pages : 323

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Book Description
In the past two decades many developing countries have embraced the challenge of globalization by rushing to dismantle trade barriers and to promote increasingly liberal market-oriented policies. However, a broader response to globalization is both necessary and possible if countries are to develop as quickly and as fully as possible. Exploring this complex interrelationship between globalization, liberalization, and human and social development, this innovative book undertakes a full analysis of development policy, strategy and practice in a variety of countries, with equal weight provided to Asia, Latin America and Africa. An internationally renowned team of contributors examines the complex network of connections and the implications for international development policy, strategy and practice. Advocating the inclusion of sustainable human development as a key element in countries' responses to globalization, key points highlighted include the need to nurture an enabling environment, and to promote education and R&D. These elements, coupled with sound macroeconomic management, are all required in equipping a country to integrate more effectively into the world economy. This innovative new approach to globalization and development set out in this volume will be essential reading for academics and practitioners alike.

Solving the Riddle of Globalization and Development

Solving the Riddle of Globalization and Development PDF Author: Manuel Agosin
Publisher: Routledge
ISBN: 1135987300
Category : Business & Economics
Languages : en
Pages : 323

Get Book Here

Book Description
In the past two decades many developing countries have embraced the challenge of globalization by rushing to dismantle trade barriers and to promote increasingly liberal market-oriented policies. However, a broader response to globalization is both necessary and possible if countries are to develop as quickly and as fully as possible. Exploring this complex interrelationship between globalization, liberalization, and human and social development, this innovative book undertakes a full analysis of development policy, strategy and practice in a variety of countries, with equal weight provided to Asia, Latin America and Africa. An internationally renowned team of contributors examines the complex network of connections and the implications for international development policy, strategy and practice. Advocating the inclusion of sustainable human development as a key element in countries' responses to globalization, key points highlighted include the need to nurture an enabling environment, and to promote education and R&D. These elements, coupled with sound macroeconomic management, are all required in equipping a country to integrate more effectively into the world economy. This innovative new approach to globalization and development set out in this volume will be essential reading for academics and practitioners alike.

Foreign Direct Investment in China

Foreign Direct Investment in China PDF Author: Ziliang Deng
Publisher: Routledge
ISBN: 113667263X
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
This book provides an insightful exploration of whether foreign direct investment (FDI) can promote the productivity of domestic enterprises. The book is based on a series of dedicated research conducted in the context of the Chinese economy, which has been the largest FDI host among the developing economies since 1993. The main themes of this book are (a) based on the latest literature and first-hand research, outlining possible mechanisms through which foreign direct investment could promote the productivity of domestic enterprises; (b) developing a comprehensive research framework to quantify the spillover effects with cutting-edge methodology; (c) constructing a decision support system for evaluating FDI policy reforms with advanced computer simulation techniques; (d) evaluating the broader impact of FDI spillovers on banking system and trade pattern. The book examines topical economic issues in the contemporary world economy from innovative perspectives, namely, how the presence of multinational enterprises has been one of the most important microeconomic drivers for the Chinese economy, how foreign banks have helped to enable Chinese banking system survive the global financial crisis, and how the domestic enterprises have learned to do exports from multinational affiliates and have changed the landscape of U.S.-Asian trade. The book incorporates the latest development of economic theory as well as computational economics model.

Regional Inequality in China

Regional Inequality in China PDF Author: Shenggen Fan
Publisher: Routledge
ISBN: 1135972257
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
As regional inequality looms large in the policy debate in China, this volume brings together a selection of papers from authors whose work has had real impact on policy, so that researchers and policy makers can have access to them in one place.

Health, Economic Development and Household Poverty

Health, Economic Development and Household Poverty PDF Author: Sara Bennett
Publisher: Routledge
ISBN: 1134287674
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
Accessible and edited by authors based at a top institution, this book provides readers with an excellent summary in an easy-to-read style of this burgeoning field of research. In this volume Bennett, Gilson and Mills have gathered together essays written by academics and experts in the fields of health policy and economic development, each underscoring the need for political commitment to meet the needs of the poor and the development of strategies to build this commitment, covering: evidence regarding the links between health, economic development and household poverty evidence on the extent to which health care systems address the needs of the poor and the near poor innovative measures to make health care interventions widely available to the poor. Current and topical, this book is of great relevance to policy makers and practitioners in the field of international health and development and researchers engaged with global health and poverty as well as being ideal reading for students of international health and development.

Knowledge Transfer in the Automobile Industry

Knowledge Transfer in the Automobile Industry PDF Author: Dessy Irawati
Publisher: Routledge
ISBN: 1135421919
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
The book provides a detailed theoretical framework and a case study on how FDI in the form of knowledge transfer from overseas MNEs contributes to the upgrading of regional manufacturing clusters. Although regional clusters have been the subject of many books, this book is one of the few that explicitly links regional clusters to global networks. It explains how being part of global networks can both facilitate and hinder the development of a regional cluster.

"Economic Growth and Income Inequality in China, India and Singapore "

Author: Pundarik Mukhopadhaya
Publisher: Routledge
ISBN: 1351568892
Category : Business & Economics
Languages : en
Pages : 314

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Book Description
The world at large is watching both China and India as powerhouses of economic growth. The two nations have achieved significantly high rates of economic growth ever since their respective economies liberalized in 1978 and 1991. Singapore, despite its limited land size and almost total dependence on external trade, has performed remarkably well and has moved ?from the third world to the first?. This book documents and explains the rapid economic growth of the three key Asian economies.The book also looks at what has happened to income inequality in the context of superior growth performance. It makes comparative assessments and examines the implications for the three nations. Since free markets have nothing in them to produce a reduction in income inequality among persons/households, one must at best hope for equality of opportunity ? notably reflected in identical schooling for all; identical health care for all; and minimal rather than vulgar inequality in housing. This book is particularly useful for both China and India which may wish to study and learn from Singapore in regard to the policies, programmes and projects aimed at ensuring equality of opportunity. The book is backed by considerable expertise on the part of the researchers, with demonstrated expertise through their publications spawning a few decades. It is invaluable to those who are concerned with designing policies for developing countries aimed at rapid and inclusive economic growth.This book has been made possible by the intellectual and financial support extended by the Global Asia Institute, National University of Singapore.

Japan's Aid

Japan's Aid PDF Author: Edward M Feasel
Publisher: Routledge
ISBN: 1317629043
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
In the twentieth century Japan emerged as one of the world’s leading economic powers: rising from wartime destruction to a leading economic engine in world markets. Japan’s economic aid policy, beginning with war reparations following its defeat in World War II, became a vehicle to help achieve this economic success. As the country continued to flourish, economic aid also became a means of expanding the country’s influence in an era of increasing globalization, providing an alternative strategy for helping developing nations escape the traps of poverty: a strategy drawn from its own experience of reemergence. And as we stand at the beginning of a new century, Japanese aid policy may also serve as a potential model for other nations who are on the cusp of entering high-income status and the group of elite world donors: a model that in many ways lies in contrast to policies espoused by other advanced Western nations. The book Japan’s Aid examines the strengths and weaknesses of Japanese aid policy in all of these dimensions: in fostering economic growth in both its own economic success story and in the numerous countries to which it has served as the single largest bilateral donor over many years; and as a policy that other nations might emulate. Through a combination of insightful case studies and rigorous econometric investigation, the book presents a comprehensive examination of the pros and cons of Japan’s aid.

Demystifying the Chinese Miracle

Demystifying the Chinese Miracle PDF Author: Wang Yongqin
Publisher: Routledge
ISBN: 113501504X
Category : Business & Economics
Languages : en
Pages : 157

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Book Description
The last three decades has witnessed miraculous economic growth of China. What has accounted for its miracle? What is the nature and future of the Chinese model? Is it unique? This book presents an analytical framework to demystify China's economic growth miracle. The book suggests that interlinked and relational contracts between the agents (in particular, between the state and the business) can compensate for flawed markets to achieve high growth. This kind of relational capitalism is significant in the investment-based stage of development, when mobilization of resources to exploit the existing technologies is key for growth. The book presents a general theory of interlinked relational contract, the workhorse model of the book. The theory highlights that effective governance is a function of market extent and market completeness. The process of economic development and modernization can be looked at fruitfully from two perspectives: the markets and the institutions and their interactions. The book stresses the critical fit between the development stage and the governance for a country's economic transition and development and thus the idea of "appropriate institutions".

The Internationlization of the Renminbi

The Internationlization of the Renminbi PDF Author: International Monetary Institute
Publisher: Routledge
ISBN: 113464437X
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
The recent financial crisis, rooted in the United States, has changed the world’s economic and financial structures. The Chinese government has made some arrangements in the post-crisis to ensure stable economic growth in volatile international economic environments and to protect its own interests from unfair international monetary treatments. The internationalization of Renminbi (RMB) is one of China's most important national strategies in the 21st century and is symbolic in the rise of China. This book aims to document the process and the development of the internationalization of Renminbi and to identify the challenges. The book introduces an index of internationalization of Renminbi. It also uses a comprehensive multi-variable index to determine the degree of internationalization of Renminbi. This book helps readers to understand the current status of the reformation on China’s currency system, the process of internationalization of the RMB and the current, intricate political and economic relations.

Diversity and Transformations of Asian Capitalisms

Diversity and Transformations of Asian Capitalisms PDF Author: Robert Boyer
Publisher: Routledge
ISBN: 1136651136
Category : Business & Economics
Languages : en
Pages : 418

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Book Description
Among a vast literature on the Asian economies, the book proposes a distinctive approach, inspired by Régulation Theory, in order to understand the current transformations of the Asian economies. The book follows their transformations after the 1997 Asian crisis until the subprime crisis. During this period, the viability of their growth regime was to coherence of five basic institutional forms: the degree of competition and insertion into the world economy, the nature of labour market organization, the monetary and exchange rate regimes and finally the style for State intervention via legislation, public spending and tax. The book provides new findings. The degree of financial liberalization and opening to the world economy largely determines the severity of the 2008-2009 recession and the political-economic reactions of each Asian countries to the subprime crisis. Asian capitalisms are distinct from American and European ones, but they are quite diverse among themselves, and this differentiation has been widening during the last decade. This book will help to shed light on a de facto regional economic integration is taking place in Asia, but unsolved past political conflicts do hinder the institutionalisation of these interdependencies.