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Author: Patarapong Intarakumnerd
Publisher: Routledge
ISBN: 1351366556
Category : Business & Economics
Languages : en
Pages : 126
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Book Description
Once recognised as a high-performing newly industrialising Asian economy with the potential for economic and developmental success similar to South Korea, Taiwan, Hong Kong and Singapore, Thailand’s growth rate and competitive edge have declined substantially. With slower adoption and movement towards the knowledge-intensive industries, the loss of the competitive edge is a cause of growing concern among Thai policymakers, with Thailand succumbing to the middle-income trap. This book analyses Thailand’s declining competitiveness in the past 50 years, considering both the national and sectoral roles and capabilities of key players, including the government, universities and research institutes, as well as the electronics, food, and automotive industries. Including comparative analyses with other Asian nations, this book is a must-read for both students and practitioners with interests in development economics, industrial economics and public policy.
Author: Patarapong Intarakumnerd
Publisher: Routledge
ISBN: 1351366556
Category : Business & Economics
Languages : en
Pages : 126
Get Book
Book Description
Once recognised as a high-performing newly industrialising Asian economy with the potential for economic and developmental success similar to South Korea, Taiwan, Hong Kong and Singapore, Thailand’s growth rate and competitive edge have declined substantially. With slower adoption and movement towards the knowledge-intensive industries, the loss of the competitive edge is a cause of growing concern among Thai policymakers, with Thailand succumbing to the middle-income trap. This book analyses Thailand’s declining competitiveness in the past 50 years, considering both the national and sectoral roles and capabilities of key players, including the government, universities and research institutes, as well as the electronics, food, and automotive industries. Including comparative analyses with other Asian nations, this book is a must-read for both students and practitioners with interests in development economics, industrial economics and public policy.
Author: Francois-Xavier Meunier
Publisher: John Wiley & Sons
ISBN: 1786306123
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Technical superiority is one of the keys to military domination. Thus, defense industries have supported the development of increasingly efficient systems and made significant contributions to technical progress. However, since the late 1980s, defense industries technological initiative has been questioned and new sources of innovation have been sought by turning to the civilian sphere. A duality was born from this marriage of defense and civil innovation which developed their synergies in order to improve the innovation process in both areas. Dual Innovation Systems uses a systemic approach to investigate this dual approach to innovation and how it promotes improvements in the research and development processes of the defense and civilian areas. It also presents a variety of tools for measuring the performance of a dual innovation system.
Author: Soon Beng Chew
Publisher: World Scientific
ISBN: 981123888X
Category : Business & Economics
Languages : en
Pages : 504
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Book Description
Why and how do politics, society and economics shape the growth and failure of labour markets? Does government intervention help or harm labour market reforms/adjustments in times of economic downturn? What forces drive such government intervention and do they differ from society to society?In addressing these big-picture questions, this book's analytical scope is heavily centred around the topic of labour markets' performance. The book argues that performance in labour markets across countries are influenced by their labour market policies. In turn, these policies are shaped, in varying degrees, by the country's politics. Each chapter in this book dives into the labour market experiences in various countries to demonstrate why in some countries, labour markets perform better than in other countries. Major findings from this book suggest that countries can produce better economic and social outcomes (e.g. lower socio-economic inequality) if their labour market policies are aimed at fostering a socially and politically stable society via greater equity in wealth distribution across various socio-cultural and income groups.This book is an essential read for any public policy researchers, policy practitioners and undergraduate/graduate students who are interested or vested in the topic of labour markets' performance in the political, social and economic dimensions. Particularly, this book provides a critical synthesis of the labour market experiences in many countries. Hence, the book serves as an ideational tool to advance future labour market research and policy.
Author: Lakhwinder Singh
Publisher: Taylor & Francis
ISBN: 100381347X
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
Countries around the world are working to counter the devastating effects of the COVID-19 pandemic on their healthcare systems, economies, and industries. This book brings together strategies for the adoption of new technologies and innovation systems which would help re-invigorate social and economic institutions and help communities, especially in the Global South. The book focuses on innovation systems that address health and socioeconomic inequalities in countries such as India, Africa, Brazil, Costa Rica, and others. It looks into the responses of different countries to the shocks inflicted on the economy and health systems by the pandemic from the perspective of government institutions as well as businesses, industries, and communities. The pandemic forced many organizations to embrace various innovative strategies to contain the spread of COVID-19 and ameliorate the lives of people including employees, people from marginalized communities, and low-income groups who have suffered due to the disease. The chapters in this book study innovative interventions and community-based measures which reached many people and paved the way for policies which helped rebuild communities sustainably. The volume also analyses how these newly created and streamlined health and economic innovation systems will be carried forward in the post-COVID-19 world to address weaknesses in health and governance and address inequalities, especially for countries in the Global South. This book will be of interest to scholars and students of economics, political economy, health and economics, development studies, public policy, and sociology.
Author: Natenapha Wailerdsak
Publisher: Taylor & Francis
ISBN: 1000885968
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
Business Groups and the Thailand Economy examines the role of business groups, specifically state, local, and foreign capitals in the economic development of emerging economies and highlights why business groups are essential in helping a country break out of the middle-income trap. Wailerdsak reviews Thailand’s industrial and economic growth strategies through the local and international investors and explains why business groups are one of the key drivers of economic advancement and why they help to avoid the middle-income trap. The author also examines their business power expansion methods, including selection and specialization, political influence, mergers and acquisitions, outward FDI and business alliances. The book concludes with policy recommendations of how the government can engage business groups to accelerate high-tech industrialization and create jobs. The middle-income trap issue faced by Thailand would be of interest to many emerging economies, especially scholars and policymakers researching on Asian business and management, Asian economies, developmental economics, political economy, policy studies, corporate governance, entrepreneurship, and private company strategic management in emerging countries.
Author: Richard F. Doner
Publisher: Oxford University Press
ISBN: 0197520286
Category : Political Science
Languages : en
Pages : 425
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Book Description
East Asia is a powerhouse of automobile production. Yet, across the region, national automobile industries have had strikingly different patterns of development. Despite starting from equally low levels of performance and initially similar strategies, countries have experienced vastly different results. From Thailand's success as an assembly hub for foreign automakers and China's unexpected achievements in building its own car industry, to South Korea's impressive development of an integrated industry, to the Philippines' persistent weakness, these divergent paths offer a fascinating window into the determinants of economic growth. The Political Economy of Automotive Industrialization in East Asia provides a political explanation for why development strategies and performance have been so uneven within one of the world's most important regions. Utilizing interviews and original-language research from multiple nations, this book explains that factors such as market size and neoclassical economic policies alone cannot explain these patterns of development. Richard F. Doner, Gregory W. Noble, and John Ravenhill instead highlight the significance of two sets of factors: countries' very different capabilities for implementing policies and the political forces that help to explain the emergence of effective institutions. Through cross-national analyses of China, Taiwan, South Korea, Indonesia, Malaysia, the Philippines, and Thailand, the book sets up a clear structure for understanding industrial development and how it enables or constrains the capabilities of domestic firms. Brief comparisons with Brazil, Mexico, and other developing countries confirm the utility of the analytic framework and demonstrate how it is superior both to accounts in mainstream economics and much of political science, which fail to give sufficient emphasis to the role of public and public-private institutions, or provide an explanation of the political bases of those institutions. In a world where auto assemblers and suppliers are facing new challenges in an ever-evolving industry--such as the transition to electric and autonomous vehicles--this book offers a crucial perspective on the centrality of institutional capacities and political economy. By tracing the divergent trajectories of seven nations, The Political Economy of Automotive Industrialization in East Asia offers lessons beyond the automobile industry that illustrate the broader importance of institutions to economic growth.
Author: Bo Göransson
Publisher: Edward Elgar Publishing
ISBN: 1783473835
Category : Business & Economics
Languages : en
Pages : 320
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Book Description
The rise and expansion of organized scientific research has led individuals to become accustomed to an unceasing delivery of new scientific results and technical improvements that resolve even seemingly unsolvable problems. This timely book examines how science-based research and innovation is designed, implemented and applied in developing countries in support of development and poverty alleviation. The expert contributors trace and compare the emergence of national innovation systems (NIS) in four developing countries – Bolivia, Mozambique, Tanzania and Vietnam. Dedicated chapters on each country identify the main structural and organizational problems for improving the relevance and quality of research output for the productive sector, and conclude by offering suggestions on how the process of applying research outputs and innovations in support of development goals can be improved. Scholars and students of development, innovation and related subjects will find this book, with its focus on national innovation systems, to be useful. It will also be of interest to policy advisors, decision makers and other practitioners involved in development issues.
Author: Keiichi Tsunekawa
Publisher: Springer
ISBN: 9811328595
Category : Political Science
Languages : en
Pages : 298
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Book Description
This book is open access under a CC BY-NC-ND license. This volume analyzes the economic, social, and political challenges that emerging states confront today. Notwithstanding the growing importance of the ‘emerging states’ in global affairs and governance, many problems requiring immediate solutions have emerged at home largely as a consequence of the rapid economic development and associated sociopolitical changes. The middle-income trap is a major economic challenge faced by emerging states. This volume regards interest coordination for technological upgrading as crucial to avoid the trap and examines how various emerging states are grappling with this challenge by fostering public-private cooperation, voluntary associations of market players, and/or social networks. Social disparity is another serious problem. It is deeply rooted in history in the emerging states such as South Africa and many Latin American countries. However, income distribution is recently deteriorating even in East Asia that was once praised for its high economic growth with equity. Increasing pressure for political opening is another challenge for emerging states. This volume argues that the economic, social, and political problems are interwoven in the sense that the emerging states need to build political consensus in order to tackle the economic and social difficulties. Democratic institutions have not always been successful in this respect.
Author: Swati Mehta
Publisher: Taylor & Francis
ISBN: 1000816877
Category : Social Science
Languages : en
Pages : 426
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Book Description
This book looks at the policy challenges confronting India and other developing countries in creating a robust, sustainable and industrialized economy. It investigates different facets of the nature, structure, growth and impact of innovation in industries, education and within institutions to foster greater productivity and growth. The volume examines systems adopted to boost innovation and diffusion of technology in different economies while also mapping their success and failures. It offers suggestions for the future for long-term growth, sustainability and inclusiveness amidst dynamic, fast-changing technological frontiers using examples and case studies from India, Sri Lanka and Malaysia, among others. The chapters in the book, written to honour the academic work of Professor Lakhwinder Singh in the field of development economics and innovation economics, highlight the importance of adopting and adapting new technologies and development models to local contexts and small industries. An important contribution to research on innovation economics, this interdisciplinary book will be of interest to students, researchers, practitioners and policy-makers working in industrial economics, international economics, political economy, innovation economics, institutional economics, industrial organization and international trade.
Author: José Antonio Alonso
Publisher: Oxford University Press
ISBN: 0192594230
Category : Business & Economics
Languages : en
Pages : 320
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Book Description
There is growing evidence that overcoming the low-income threshold and reaching middle-income status is not sufficient for countries to converge toward high-income levels. Few middle-income countries have successfully completed that transit in recent decades, with the majority remaining in the middle-income group, and so facing what has come to be called "the middle-income trap". It is therefore essential to explore whether middle-income traps really exist and, if they do, how these pitfalls are manifested, what their causes are, what economic policy measures are required to escape from them, and what international cooperation can do to support this process. Trapped in the Middle? brings together diverse perspectives on these important questions, providing new evidence and analytical approaches to enrich the debate on the domestic and international challenges faced by a significant number of middle-income countries, in which over three-quarters of the global population live.
