The Middle-Income Trap in Central and Eastern Europe

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Author :
Publisher : Berghahn Books
ISBN 13 : 1805393952
Total Pages : 258 pages
Book Rating : 4.8/5 (53 download)

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Book Synopsis The Middle-Income Trap in Central and Eastern Europe by : Yaman Kouli

Download or read book The Middle-Income Trap in Central and Eastern Europe written by Yaman Kouli and published by Berghahn Books. This book was released on 2023-11-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1990s, the economic development of Central and Eastern Europe has maintained high economic growth rates, seemingly leading to an era of prosperity. This very positive vision of future economic success, linked to current political backlash and a long history of economic adversity, is a thin veil of the economic “way west” for so-called transition countries. The Middle-Income Trap in Central and Eastern Europe examines the reality of the diminishing marginal utility of further international investments alongside the pitfalls of higher government spending to cultivate innovation which ultimately makes foreign capital less attractive. In this volume authors from diverse disciplinary perspectives reflect on current debates surrounding the developmental bottlenecks in East-Central Europe. Their common goal is to analyze the manner of socio-economic transformation, question of the relevance and impact of the “middle-income trap” and identify possible ways to escape it.

Emerging European Economies after the Pandemic

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Author :
Publisher : Springer Nature
ISBN 13 : 3030939634
Total Pages : 610 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Emerging European Economies after the Pandemic by : László Mátyás

Download or read book Emerging European Economies after the Pandemic written by László Mátyás and published by Springer Nature. This book was released on 2022-03-11 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume examines the development path of eight Central and Eastern European countries with an overlapping historical background that joined the European Union between 2004 and 2013, and identifies the main similarities and differences between the countries concerned. Based on wide comparative data analysis of Bulgaria, Croatia, The Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia, each chapter in the volume provides detailed information about the state of the economy in a specific area preceding the pandemic shock. The book offers a detailed snapshot of the state of the different areas of the economy, starting from the time when the countries concerned came out of the 2008 financial crisis, up to the date when COVID-19 hit. Further, each chapter analyzes the effects of this unprecedented shock on a particular field, which is followed by highlighting the main problems the countries are facing at present and in the near future, together with identifying the available policy options. Finally, before concluding and making general and country-specific policy recommendations, some thoughts will be given to longer-term prospects. More specifically, the question of how the subject area could contribute to avoiding the "middle-income-trap" that this region may be facing will be addressed. The comprehensive approach makes this volume a must-read for scholars and students of economics, as well as policy decision-makers in Europe, interested in a better understanding of the region's economic development.

The World beyond the West

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Publisher : Berghahn Books
ISBN 13 : 1800733534
Total Pages : 259 pages
Book Rating : 4.8/5 (7 download)

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Book Synopsis The World beyond the West by : Mariusz Kałczewiak

Download or read book The World beyond the West written by Mariusz Kałczewiak and published by Berghahn Books. This book was released on 2022-03-11 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: No matter how one defines its extent and borders, Eastern Europe has long been understood as a liminal space, one whose undeniable cultural and historical continuities with Western Europe have been belied by its status as an “Other” in the Western imagination. Across illuminating and provocative case studies, The World beyond the West focuses on the region’s ambiguous relationship to historical processes of colonialism and Orientalism. In exploring encounters with distant lands through politics, travel, migration, and exchange, it places Eastern Europe at the heart of its analysis while decentering the most familiar narratives and recasting the history of the region.

Avoiding the Middle-Income Trap in Asia

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9784899740797
Total Pages : 416 pages
Book Rating : 4.7/5 (47 download)

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Book Synopsis Avoiding the Middle-Income Trap in Asia by : Naoyuki Yoshino

Download or read book Avoiding the Middle-Income Trap in Asia written by Naoyuki Yoshino and published by Asian Development Bank. This book was released on 2017-12-26 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since many policymakers aspire to pull their countries out of the middle-income trap and into the ranks of high-income countries, they must understand the factors that hinder or support the transition. This book defines the middle-income trap and examines the roles of manufacturing, finance, and trade openness in achieving sustainable development. The book also explores the role of government policy in fostering growth in the People's Republic of China. A common theme is that such policies may have unforeseen side effects that undermine their effectiveness, including how the hukou registration system and land-use policy control the pace of urbanization.

Law and Development of Middle-Income Countries

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1107028159
Total Pages : 399 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Law and Development of Middle-Income Countries by : Randall Peerenboom

Download or read book Law and Development of Middle-Income Countries written by Randall Peerenboom and published by Cambridge University Press. This book was released on 2014-02-10 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary volume addresses the special challenges that middle-income countries confront from both a theoretical and a practical perspective.

An East Asian Renaissance

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Author :
Publisher : World Bank Publications
ISBN 13 : 082136748X
Total Pages : 386 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis An East Asian Renaissance by : Indermit Singh Gill

Download or read book An East Asian Renaissance written by Indermit Singh Gill and published by World Bank Publications. This book was released on 2007 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

China: Surpassing the “Middle Income Trap”

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Author :
Publisher : Palgrave Macmillan
ISBN 13 : 9789811565397
Total Pages : 218 pages
Book Rating : 4.5/5 (653 download)

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Book Synopsis China: Surpassing the “Middle Income Trap” by : Shaojie Zhou

Download or read book China: Surpassing the “Middle Income Trap” written by Shaojie Zhou and published by Palgrave Macmillan. This book was released on 2020-10-06 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many developing countries for years. This book gives readers a clear picture of China today and acts as a reference for other developing countries. China is facing many setbacks and experiencing an economic slowdown in recent years due to some serious issues, and income inequality is one such issue deferring China’s development potential by creating a middle income trap. This book thoroughly investigates both the unpromising factors and favorable conditions for China to overcome the trap. It illustrates that traps may be encountered at any stage of development and argues that political stability is the prerequisite to creating a favorable environment for economic development and addressing this “middle income trap”. Written by one of China's central planners, this book offers precious insights into the industrial policies that are transforming China and the world and will be of interest to China scholars, economists and political scientists.

Competitiveness of CEE Economies and Businesses

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Author :
Publisher : Springer
ISBN 13 : 3319396544
Total Pages : 223 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Competitiveness of CEE Economies and Businesses by : Piotr Trąpczyński

Download or read book Competitiveness of CEE Economies and Businesses written by Piotr Trąpczyński and published by Springer. This book was released on 2016-07-28 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents peer-reviewed, state-of-the-art conceptual and empirical papers devoted to changes in the international competitive position of the Central and Eastern European (CEE) region, its countries and businesses. While the unprecedented scale of transformation in the CEE region has provided a distinct research setting for international business and economics scholars for more than two decades, there have also been recent discussions about the extent to which the region continues to have a unique business environment. The region's economies have reached different levels of market development and modern business practice adoption, with some of them now frequently classified as advanced economies. Consequently, the same level of heterogeneity among CEE countries can also be observed at the sector and business level. The contributions in this book highlight possible sources of competitive advantage for CEE countries and firms, in light of recent intensive debates about the danger of the middle-income trap and the potential solutions to it.

Rampart Nations

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Publisher : Berghahn Books
ISBN 13 : 1789201489
Total Pages : 416 pages
Book Rating : 4.7/5 (892 download)

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Book Synopsis Rampart Nations by : Dr. Liliya Berezhnaya

Download or read book Rampart Nations written by Dr. Liliya Berezhnaya and published by Berghahn Books. This book was released on 2019-03-11 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The “bulwark” or antemurale myth—whereby a region is imagined as a defensive barrier against a dangerous Other—has been a persistent strand in the development of Eastern European nationalisms. While historical studies of the topic have typically focused on clashes and overlaps between sociocultural and religious formations, Rampart Nations delves deeper to uncover the mutual transfers and multi-sided national and interconfessional conflicts that helped to spread bulwark myths through Europe’s eastern periphery over several centuries. Ranging from art history to theology to political science, this volume offers new ways of understanding the political, social, and religious forces that continue to shape identity in Eastern Europe.

The story of your city

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Author :
Publisher : European Investment Bank
ISBN 13 : 9286138784
Total Pages : 124 pages
Book Rating : 4.2/5 (861 download)

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Book Synopsis The story of your city by : Greg Clark

Download or read book The story of your city written by Greg Clark and published by European Investment Bank. This book was released on 2018-10-31 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the end of this century, 9 out of 10 Europeans will live in an urban area. But what kind of city will they call home? You'll find all the answers in CITY, TRANSFORMED, the new essay series from the European Investment Bank. This panoramic first essay in the series lays out a great sweeping history of European cities over the last fifty years—and showcases new directions being taken by some of our most innovative cities. Urban experts Greg Clark, Tim Moonen, and Jake Nunley based at University College London take a definitive look at how Europe's cities transformed from post-industrial decline to thriving metropolises that are as prosperous and liveable as anywhere on Earth.

China's Innovation Challenge

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1316592154
Total Pages : 505 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis China's Innovation Challenge by : Arie Y. Lewin

Download or read book China's Innovation Challenge written by Arie Y. Lewin and published by Cambridge University Press. This book was released on 2016-04-14 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: The miracle growth of the Chinese economy has decreased from a compound annual growth rate of 10% to less than 7% in 2015. The two engines of growth - export on a scale never before witnessed and massive infrastructure investments - are reaching the point of diminishing returns. This poses the central question which is explored in this book - can China escape the middle-income trap? Assuming current political arrangements remain unchanged and that it does not or cannot adopt Western sociopolitical economic regimes, can China develop an indigenous growth model centered on innovation? This compilation gathers leading Chinese and other international scholars to consider the daunting challenges and complexities of building an innovation-driven Chinese growth model. Providing several comprehensive perspectives, it examines key areas such as the institutional system, technology, sociocultural forces and national policy. The analyses and their conclusions range from strong optimism to deep pessimism about China's future.

Emerging States and Economies

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Publisher : Springer
ISBN 13 : 9811326347
Total Pages : 183 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Emerging States and Economies by : Takashi Shiraishi

Download or read book Emerging States and Economies written by Takashi Shiraishi and published by Springer. This book was released on 2018-11-19 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book asks why and how some of the developing countries have “emerged” under a set of similar global conditions, what led individual countries to choose the particular paths that led to their “emergence,” and what challenges confront them. If we are to understand the nature of major risks and uncertainties in the world, we must look squarely at the political and economic dynamics of emerging states, such as China, India, Brazil, Russia, and ASEAN countries. Their rapid economic development has changed the distribution of wealth and power in the world. Yet many of them have middle income status. To global governance issues, they tend to adopt approaches that differ from those of advanced industrialized democracies. At home, rapid economic growth and social changes put pressure on their institutions to change. This volume traces the historical trajectories of two major emerging states, China and India, and two city states, Hong Kong and Singapore. It also analyzes cross-country data to find the general patterns of economic development and sociopolitical change in relation to globalization and to the middle income trap.

Successes and Failures in EU Cohesion Policy: an Introduction to EU Cohesion Policy in Eastern, Central, and Southern Europe

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Author :
Publisher :
ISBN 13 : 9788395720444
Total Pages : 208 pages
Book Rating : 4.7/5 (24 download)

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Book Synopsis Successes and Failures in EU Cohesion Policy: an Introduction to EU Cohesion Policy in Eastern, Central, and Southern Europe by : Ida Musiałkowska

Download or read book Successes and Failures in EU Cohesion Policy: an Introduction to EU Cohesion Policy in Eastern, Central, and Southern Europe written by Ida Musiałkowska and published by . This book was released on 2020-10-02 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regions in the EU's Eastern and Southern peripheries tend to perform badly across many rankings from economic development, to quality of government, social justice and innovation potential, despite the fact that the vast majority of EU structural funding has been spent in these countries. However, these countries followed different development trajectories and reacted differently to the economic crisis. Some of them still struggle, others thrive, others, after years of structural transformation, are stuck in a middle-income trap. Successes and failures as a result of EU cohesion implementation are a valuable source of feedback for future plans. Southern part of the EU, and Central and Eastern Europe provide an excellent opportunity to evaluate them, The whole implementation exercise is sometimes challenging to accomplish, as both the public and private sectors have low absorption capacity. In contrast, positive experiences also emerged. Regions in Central and Eastern European countries witnessed improvements in the form of change in GDP per capita, benchmarked against the EU average during the years 2008-2015, while Southern Europe improved similarly between 2000-2008. In this volume, the authors cover a variety of aforementioned problems and experiences of either all member states, with special attention to peripheral countries, or to sectoral or regional problems in selected countries. The book begins with an overview of the issues of economic convergence and quality of life in all member states. It also addresses political aspects of EU cohesion policy, including involvement of civil society into this public policy, as well as relationships between cohesion policy support and EU identification. The final section discusses an important novelty in the framework of EU cohesion policy, namely the JESSICA initiative, that is, an instrument offering repayable and recyclable funding targeted at economically-viable and sustainable urban development projects.

Foreign Direct Investment in Central and Eastern Europe

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Author :
Publisher : Springer
ISBN 13 : 3319404962
Total Pages : 266 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Foreign Direct Investment in Central and Eastern Europe by : Balázs Szent-Iványi

Download or read book Foreign Direct Investment in Central and Eastern Europe written by Balázs Szent-Iványi and published by Springer. This book was released on 2016-12-22 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how foreign direct investment (FDI) inflows to Central and Eastern Europe have changed after the Great Recession. It argues that beyond their cyclical effects, the economic crisis and the changing competitiveness of Central and Eastern European countries have had structural impacts on FDI in the region. FDI has traditionally been viewed as the key driver of national development, but the apparent structural shift means that focusing on cheap labour as a competitive advantage is no longer a viable strategy for the countries in the region. The authors argue that these countries need to move beyond the narrative of upgrading (attracting FDI inflows with increasingly higher value added), and focus on ensuring greater value capture instead. A potential way for doing this is by developing the conditions in which innovative national companies can emerge, thrive and eventually develop into lead firms of global value chains. The book provides readers with a highly informative account of the reasons why this shift is necessary, as well as diverse perspectives and extensive discussions on the dynamics and structural impacts of FDI in post-crisis Central and Eastern Europe.

Social and Economic Development in Central and Eastern Europe

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Author :
Publisher : Routledge
ISBN 13 : 0429835280
Total Pages : 372 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Social and Economic Development in Central and Eastern Europe by : Grzegorz Gorzelak

Download or read book Social and Economic Development in Central and Eastern Europe written by Grzegorz Gorzelak and published by Routledge. This book was released on 2019-08-13 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integration of post-socialist Central and Eastern Europe into the EU is one of the success stories of European development. The region has seen significant economic convergence, dramatic changes in socio-economic indicators and improvements in the natural environment. However, some challenges remain, such as political divergence, public governance issues and population demographics. This book identifies and analyses the key post-1990 developments across the New Member States at the sub-national and national levels, with frequent country-level and regional comparisons. Careful attention is paid to drawing out commonalities in development trajectories while appreciating each country’s unique context. Drawing on the academic literature and illuminating empirical material, the broad range of topics discussed in the book paints a detailed picture of both change and stability in Central and Eastern Europe. It will be valuable reading for advanced students, researchers and policymakers in regional studies, European studies, human geography, political economy and transition economics.

Successes & Failures in EU Cohesion Policy: An Introduction to EU Cohesion Policy in Eastern, Central, and Southern Europe

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Author :
Publisher : De Gruyter Open
ISBN 13 : 9788395720451
Total Pages : 0 pages
Book Rating : 4.7/5 (24 download)

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Book Synopsis Successes & Failures in EU Cohesion Policy: An Introduction to EU Cohesion Policy in Eastern, Central, and Southern Europe by : Ida Musiałkowska

Download or read book Successes & Failures in EU Cohesion Policy: An Introduction to EU Cohesion Policy in Eastern, Central, and Southern Europe written by Ida Musiałkowska and published by De Gruyter Open. This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regions in the EU's Eastern and Southern peripheries tend to perform badly across many rankings from economic development, to quality of government, social justice and innovation potential, despite the fact that the vast majority of EU structural funding has been spent in these countries. However, these countries followed different development trajectories and reacted differently to the economic crisis. Some of them still struggle, others thrive, others, after years of structural transformation, are stuck in a middle-income trap. Successes and failures as a result of EU cohesion implementation are a valuable source of feedback for future plans. Southern part of the EU, and Central and Eastern Europe provide an excellent opportunity to evaluate them, The whole implementation exercise is sometimes challenging to accomplish, as both the public and private sectors have low absorption capacity. In contrast, positive experiences also emerged. Regions in Central and Eastern European countries witnessed improvements in the form of change in GDP per capita, benchmarked against the EU average during the years 2008-2015, while Southern Europe improved similarly between 2000-2008. In this volume, the authors cover a variety of aforementioned problems and experiences of either all member states, with special attention to peripheral countries, or to sectoral or regional problems in selected countries. The book begins with an overview of the issues of economic convergence and quality of life in all member states. It also addresses political aspects of EU cohesion policy, including involvement of civil society into this public policy, as well as relationships between cohesion policy support and EU identification. The final section discusses an important novelty in the framework of EU cohesion policy, namely the JESSICA initiative, that is, an instrument offering repayable and recyclable funding targeted at economically-viable and sustainable urban development projects.

The Power of Creative Destruction

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Author :
Publisher : Harvard University Press
ISBN 13 : 0674971167
Total Pages : 401 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis The Power of Creative Destruction by : Philippe Aghion

Download or read book The Power of Creative Destruction written by Philippe Aghion and published by Harvard University Press. This book was released on 2021-04-20 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of the world’s leading economists and his coauthors, a cutting-edge analysis of what drives economic growth and a blueprint for prosperity under capitalism. Crisis seems to follow crisis. Inequality is rising, growth is stagnant, the environment is suffering, and the COVID-19 pandemic has exposed every crack in the system. We hear more and more calls for radical change, even the overthrow of capitalism. But the answer to our problems is not revolution. The answer is to create a better capitalism by understanding and harnessing the power of creative destruction—innovation that disrupts, but that over the past two hundred years has also lifted societies to previously unimagined prosperity. To explain, Philippe Aghion, Céline Antonin, and Simon Bunel draw on cutting-edge theory and evidence to examine today’s most fundamental economic questions, including the roots of growth and inequality, competition and globalization, the determinants of health and happiness, technological revolutions, secular stagnation, middle-income traps, climate change, and how to recover from economic shocks. They show that we owe our modern standard of living to innovations enabled by free-market capitalism. But we also need state intervention with the appropriate checks and balances to simultaneously foster ongoing economic creativity, manage the social disruption that innovation leaves in its wake, and ensure that yesterday’s superstar innovators don’t pull the ladder up after them to thwart tomorrow’s. A powerful and ambitious reappraisal of the foundations of economic success and a blueprint for change, The Power of Creative Destruction shows that a fair and prosperous future is ultimately ours to make.