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Economic Development in Asia

Author: John Malcolm Dowling

Publisher: Cengage Learning

Published: 2004

Total Pages: 408

ISBN-13:

ECONOMIC DEVELOPMENT IN ASIA explores factors that influence economic growth and development particularly from an asian development perspective. Grounded firmly on theoretical foundations, it showcases the richness and variety of the Asian development experience through extensive coverage of individual country case studies, institutional developments, and challenges facing policy-makers in the region as well as in-depth discussions of existing empirical evidence. This book is specially tailored to meet the needs of social science students studying economic development in Asia. University students, educators and government policy makers will find the book particularly useful for understanding growth and development trends in the context of a rapidly globalizing world. With the rising tide of interest in Asian economies, the book will prove to be an invaluable for anyone seeking to better understand the process of growth and economic development in the region.

Development in Asia

Author: Derrick M. Nault

Publisher: Universal-Publishers

Published: 2008

Total Pages: 275

ISBN-13: 1599424886

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"Development" is one of the most ubiquitous yet least understood concepts of our age. It is something all governments claim to be engaged in and is considered desirable by scholars, activists, policymakers, and laypeople alike. Yet it is also a highly contested term. For some, development is simply a matter of economic growth. Others maintain that it must entail improving life expectancy, literacy, education levels, and access to resources. Others yet, disillusioned by the results of development initiatives, have rejected development altogether, equating it with a self-serving aid industry that entraps the poor in a vicious cycle of dependency. Still, critics argue these "post-development" theorists merely replicate earlier doctrines of development and have themselves become part of the problem they wish to transcend. This book, a collection of works by scholars of development, examines the theory and practice of development and its implications and varied meanings in Asian contexts. It attempts to understand development both in its objective and constructivist senses. That is, it examines how societies and nations have developed over time and how leaders, experts and governments have attempted to shape these same societies and nations. It also analyzes development in civil society and how non-state actors have conceived, participated in and been affected by the process. Has true development been occurring in Asia? Is it possible to direct development? How are real people affected by development? Should the concept of development be retained or discarded? These are a few key questions covered in this book.

Resurgent Asia

Author: Deepak Nayyar

Publisher: Oxford University Press

Published: 2019

Total Pages: 316

ISBN-13: 0198849516

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Resurgent Asia analyses the phenomenal transformation of Asia, which would have been difficult to imagine, let alone predict, fifty years ago, when Gunnar Myrdal published Asian Drama. In doing so, it provides an analytical narrative of this remarkable story of economic development, situated in its wider context of historical, political, and social factors, and an economic analysis of the underlying factors, with a focus on critical issues in the process of, and outcomes in, development. In 1970, Asia was the poorest continent in the world, marginal except for its large population. By 2016, it accounted for three-tenths of world income, two-fifths of world manufacturing, and one-third of world trade, while its income per capita converged towards the world average. However, this transformation was associated with unequal outcomes across countries and between people. The analysis disaggregates Asia into its four constituent sub-regions--East, Southeast, South, and West--and further into fourteen economies--China, India, South Korea, Indonesia, Turkey, Taiwan, Thailand, Philippines, Malaysia, Singapore, Pakistan, Bangladesh, Vietnam, and Sri Lanka--which account for more than four-fifths of its population and income. This book enhances our understanding of development processes and outcomes in Asia over the past fifty years, draws out the analytical conclusions that contribute to contemporary debates on development, and highlights some lessons from the Asian experience for countries elsewhere. It is the first to examine the phenomenal changes that are transforming economies in Asia and shifting the balance of economic power in the world, while reflecting on the future prospects in Asia over the next twenty-five years. A rich, engaging, and fascinating read.

Sustaining Development and Growth in East Asia

Author: Timo Henckel

Publisher: Routledge

Published: 2012-11-12

Total Pages: 344

ISBN-13: 1136208232

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For several decades, fast-growing East Asia has been the envy of the developing world. Not only has East Asia outperformed all other regions of the world, but it also recovered surprisingly swiftly from the 1997–98 Asian financial crisis and the 2008–09 global financial crisis. Nevertheless, investment in the region remains subdued relative to pre-Asian crisis levels. Are current investment rates too low and, given greater investment, could the region grow even more rapidly? This book brings together a rich array of papers analyzing the determinants of, and impediments to, investment and growth. It discusses a range of issues bearing on investment and development. The chapters cover domestic and international economic, institutional and political factors, including the role of foreign direct investment, and the importance of public infrastructure, fiscal policy and export-oriented growth strategies. Trade and trade policy, in particular, are emphasized, with contributions ranging from an analysis of global production networks in electronics manufacturing, to the effects and implications of economic integration in the Mekong states. The chapters provide a healthy blend of theoretical and empirical analysis and offer a range of useful policy proposals. This book will be of interest to policy-makers, students and scholars of Asian economics and development economics alike.

Banking on the Future of Asia and the Pacific

Author: Peter McCawley

Publisher: Asian Development Bank

Published: 2017-04-01

Total Pages: 564

ISBN-13: 9292577921

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This book is a history of the Asian Development Bank (ADB), a multilateral development bank established 50 years ago to serve Asia and the Pacific. Focusing on the region’s economic development, the evolution of the international development agenda, and the story of ADB itself, this book raises several key questions: What are the outstanding features of regional development to which ADB had to respond? How has the bank grown and evolved in changing circumstances? How did ADB’s successive leaders promote reforms while preserving continuity with the efforts of their predecessors? ADB has played an important role in the transformation of Asia and the Pacific the past 50 years. As ADB continues to evolve and adapt to the region’s changing development landscape, the experiences highlighted in this book can provide valuable insight on how best to serve Asia and the Pacific in the future.

Sustaining Economic Growth in Asia

Author: Jeremie Cohen-Setton

Publisher: Peterson Institute for International Economics

Published: 2018-12-01

Total Pages: 494

ISBN-13: 0881327344

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Economic growth, inflation, and interest rates have declined in Asia, just as they have in the United States and Europe. This volume explores the relevance to several Asian economies of the diagnosis known as “secular stagnation.” Leading experts on the region discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia.

Paths to Development in Asia

Author: Tuong Vu

Publisher: Cambridge University Press

Published: 2010-03-22

Total Pages: 313

ISBN-13: 1139489011

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Why have some states in the developing world been more successful at facilitating industrialization than others? Challenging theories that privilege industrial policy and colonial legacies, this book focuses on state structure and the politics of state formation, arguing that a cohesive state structure is as important to developmental success as effective industrial policy. Based on a comparison of six Asian cases, including both capitalist and socialist states with varying structural cohesion, Tuong Vu proves that it is state formation politics rather than colonial legacies that have had decisive and lasting impacts on the structures of emerging states. His cross-national comparison of South Korea, Vietnam, Republican and Maoist China, and Sukarno's and Suharto's Indonesia, which is augmented by in-depth analyses of state formation processes in Vietnam and Indonesia, is an important contribution to understanding the dynamics of state formation and economic development in Asia.

Industrial Development in East Asia

Author: Kucik Ali Akkemik

Publisher: World Scientific

Published: 2009

Total Pages: 346

ISBN-13: 9812832793

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This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies ? Japan, Korea, Taiwan, and Singapore ? with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development.

The Economic Rise of East Asia

Author: Linda Glawe

Publisher: Springer Nature

Published: 2022-01-01

Total Pages: 356

ISBN-13: 3030871282

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In light of the growing global economic importance of East Asia, this book analyzes and compares the extraordinary development paths and strategies of Japan, South Korea, and China. It examines both the factors that enabled these countries’ prolonged periods of high-speed economic growth, and the reasons for their subsequent “cool-downs.” In addition, the book illustrates how their development strategies served as role models for one another, and what current and future developing countries can learn from the East Asian success stories. This book will appeal to scholars and students of economics and development studies with an interest in the East Asian development model.

Regional Growth and Sustainable Development in Asia

Author: Amitrajeet A. Batabyal

Publisher: Springer

Published: 2016-12-20

Total Pages: 289

ISBN-13: 3319275895

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This book addresses two general questions that have arisen as a result of the uneven rise of the various Asian economies in contemporary times. First, to lift people out of poverty and to improve the quality of their lives, how do we institute policies that will ensure economic growth in the different regions of Asia? Second, what can we do to ensure that the economic growth we seek is sustainable so that the regional economic development that emerges is broad-based, inclusive, and environmentally conscious? Specifically, this edited book will provide a unified perspective on regional growth and sustainable development in Asia by focusing on the above two broad questions. The book will emphasize dynamic modeling and it will illustrate the role that sound theoretical and empirical modeling of an intertemporal nature can play in shedding light on salient public policy questions concerning regional growth and sustainable development. The specific topics to be addressed in this book include growth accounting, natural resource use and management, the regulation of environmental externalities, geographic information systems, and regional climate change. The individual chapters in this book will be written by international experts who are also active researchers in their respective fields. Therefore, this book is highly recommended to all readers who seek an in-depth and up-to-date perspective on some of the most salient issues at the interface of regional growth and sustainable development in Asia.