Global Linkages And Economic Rebalancing In East Asia

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Global Linkages and Economic Rebalancing in East Asia

Author : Shigeyuki Hamori
Publisher : World Scientific
ISBN 13 : 9814412856
Total Pages : 234 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Global Linkages and Economic Rebalancing in East Asia by : Shigeyuki Hamori

Download or read book Global Linkages and Economic Rebalancing in East Asia written by Shigeyuki Hamori and published by World Scientific. This book was released on 2013 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the global financial crisis, leading industrialized countries have managed to show only a gradual recovery, while East Asian economies have surged ahead. In particular, China achieved growth in excess of 10% in 2010 and is expected to continue growing at a rapid pace. It appears that in the coming years, East Asia will play an even greater role as a growth center leading global economic expansion. Following the Asian currency crisis of 1997OCo98, consumption and investment in the region decreased considerably, and East Asian economies recovered on the strength of exports. Presently, however, amid a less-than-robust recovery in the US and Europe, the sustainability of East Asia''s reliance on export-led growth has been called into question. The region''s transition to growth based on a balance of foreign and domestic demand is important for both building a stronger foundation for sustainable growth and buttressing global economic expansion. Moreover, the rebalancing of demand in East Asia holds the key to rectifying global current account imbalances OCo the disadvantage of uneven international capital flows. This unique volume illuminates policy issues involved in the efforts to promote the rebalancing of demand in East Asia.

Globalization and Development in East Asia

Author : Jan Nederveen Pieterse
Publisher : Routledge
ISBN 13 : 0415807034
Total Pages : 230 pages
Book Rating : 4.4/5 (158 download)

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Book Synopsis Globalization and Development in East Asia by : Jan Nederveen Pieterse

Download or read book Globalization and Development in East Asia written by Jan Nederveen Pieterse and published by Routledge. This book was released on 2012 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia is widely regarded as the main "winner" in contemporary globalization, unscathed by the economic crisis of 2008, with its leading new industrializing nations and emerging economies. While twentieth century globalization was mainly led by the West, the twenty-first century is ushering in different dynamics. The re-emergence of Asia involves alternative visions of the world and different perspectives on globalization. This volume seeks to address these dimensions, turning to local reflexivities, notably in South Korea and China, to explore the key debates in sociology and political economy within East Asia rather than from an outside view.

East Asia's Reemergence

Author : Philip S. Golub
Publisher : John Wiley & Sons
ISBN 13 : 1509506659
Total Pages : 211 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis East Asia's Reemergence by : Philip S. Golub

Download or read book East Asia's Reemergence written by Philip S. Golub and published by John Wiley & Sons. This book was released on 2016-05-27 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia has re-emerged after a long eclipse as a centre of world wealth creation and growth. Over the past four decades the region’s share of world GDP has risen from less than 10 to 30 percent, a ratio that is set to rise to 40 percent by 2030. What has made East Asia’s remarkable ascent possible, and what does this economic rebalancing between East and West mean for world politics? In this insightful and provocative book, Philip Golub addresses these questions, tracing the region’s rise from the early modern European-Asian encounter to the imperial confrontations of the nineteenth century, and China’s state capitalist turn in the latter half of the twentieth century. Together, he argues, the dynamics of imperialism, war and revolution led to the constitution of developmental states that made possible East Asia’s return to a central position in the global economy. Combining rich historical narrative and social theory, this book is an invaluable guide to one of the core issues in world politics today.

Rebalancing Economies in Financially Integrating East Asia

Author : Jenny Corbett
Publisher : Routledge
ISBN 13 : 9781138066786
Total Pages : 270 pages
Book Rating : 4.0/5 (667 download)

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Book Synopsis Rebalancing Economies in Financially Integrating East Asia by : Jenny Corbett

Download or read book Rebalancing Economies in Financially Integrating East Asia written by Jenny Corbett and published by Routledge. This book was released on 2017-04-13 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Asia-Pacific Economic Linkages

Author : Mordechai Elihau Kreinin
Publisher : Pergamon
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Asia-Pacific Economic Linkages by : Mordechai Elihau Kreinin

Download or read book Asia-Pacific Economic Linkages written by Mordechai Elihau Kreinin and published by Pergamon. This book was released on 1999 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hardbound. The global marketplace has changed significantly over the past two decades. Technological advancement, falling transportation costs and other impediments to trade in goods and services, increased mobility of capital, and more outward-oriented commercial policies in developed and developing countries alike are combining to create a truly integrated world economy. Firms are finding it increasingly essential to think globally. These developments pose important new questions and challenges to policymakers, the private sector, and academic scholars. The framework for studying economics and business has changed irreversibly to embody the global aspects of economic and policy interactions.Using cutting-edge innovations in the theory of international economics and new empirical applications, this book explores international economic links from a variety of perspectives. From global policy simulations and models of economic policy reform to direct e

Social Development And Social Policy: International Experiences And China's Reform

Author : Dongtao Qi
Publisher : World Scientific
ISBN 13 : 981473098X
Total Pages : 424 pages
Book Rating : 4.8/5 (147 download)

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Book Synopsis Social Development And Social Policy: International Experiences And China's Reform by : Dongtao Qi

Download or read book Social Development And Social Policy: International Experiences And China's Reform written by Dongtao Qi and published by World Scientific. This book was released on 2016-10-27 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social policy reforms driven by profound social changes have been a popular and pressing topic worldwide in recent years in both policy and academic circles. In this book, prominent social policy scholars from Europe, North America, and Asia discuss the history of social policies, compare different social development models, and analyze the challenges facing these economies' social policy reforms. The book provides comprehensive and comparative perspectives and updated data on social development and social policy reforms in the world's major economies, and particularly, in mainland China.

East Asia and the World Economy

Author : Alvin Y. So
Publisher : SAGE Publications, Incorporated
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis East Asia and the World Economy by : Alvin Y. So

Download or read book East Asia and the World Economy written by Alvin Y. So and published by SAGE Publications, Incorporated. This book was released on 1995-07-13 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contrast to the literature's focuses on market, culture, state, and dependency, East Asia and the World Economy points to the crucial role of geopolitical and regional factors in East Asian development. The authors provide a cohesive review of the world-systems model as it applies to East Asia, exploring its intellectual heritage, the historical context through which it arose, its basic assumptions, and its policy implications. To illustrate how this model works in East Asia, the authors examine the economies of Hong Kong, Taiwan, China, North Korea, and Japan. The result is a fascinating study that demonstrates how the world-systems model provides a more focused explanation of East Asia's peculiar pattern of development.

Trade Patterns and Global Value Chains in East Asia

Author : World Trade Organization
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (745 download)

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Book Synopsis Trade Patterns and Global Value Chains in East Asia by : World Trade Organization

Download or read book Trade Patterns and Global Value Chains in East Asia written by World Trade Organization and published by . This book was released on 2011 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Globalization and Regionalism in East Asia

Author : Takuji Kinkyo
Publisher : Routledge
ISBN 13 : 1317934822
Total Pages : 233 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Financial Globalization and Regionalism in East Asia by : Takuji Kinkyo

Download or read book Financial Globalization and Regionalism in East Asia written by Takuji Kinkyo and published by Routledge. This book was released on 2013-12-04 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: With increased resilience in the financial systems, emerging Asian economies were less affected by the recent global financial crisis, recovering more quickly from the crisis than major advanced economies. Yet, Asian financial systems remain underdeveloped. More open and efficient financial systems continue to be a key priority for Asia’s development strategy. Emerging Asian economies need to tackle the new challenges to macroeconomic and financial stability posed by financial globalisation. This book identifies the key challenges to Asia’s financial development in an era of rapid financial globalisation and discusses their policy implications for financial reforms and regional cooperation in East Asia. Particular areas of focus include: the impact of financial globalisation on economic stability and inequality in East Asian economies; the progress of Asia’s regional financial cooperation and lessons from the recent European economic crisis; and the priority of financial reforms in individual Asian economies. Combining advanced econometric methods and in-depth case studies, this book provides rigorous and contextual analyses of the most critical issues for Asia’s financial development. It offers a comprehensive and useful guide for students, academics, and policymakers interested in the current state and future prospects of Asian financial systems.

ASEAN Centrality and the ASEAN-US Economic Relationship

Author : Peter A. Petri
Publisher :
ISBN 13 : 9780866382465
Total Pages : 75 pages
Book Rating : 4.3/5 (824 download)

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Book Synopsis ASEAN Centrality and the ASEAN-US Economic Relationship by : Peter A. Petri

Download or read book ASEAN Centrality and the ASEAN-US Economic Relationship written by Peter A. Petri and published by . This book was released on 2014-02-21 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Association of Southeast Asian Nations (ASEAN) is strategically significant because of its size, dynamism, and role in the Asian economic and security architectures. This paper examines how ASEAN seeks to strengthen these assets through "centrality" in intraregional and external policy decisions. It recommends a two-speed approach toward centrality in order to maximize regional incomes and benefit all member economies: first, selective engagement by ASEAN members in productive external partnerships and, second, vigorous policies to share gains across the region. This strategy has solid underpinnings in the Kemp-Wan theorem on trade agreements. It would warrant, for example, a Trans-Pacific Partnership (TPP) agreement with incomplete ASEAN membership, complemented with policies to extend gains across the region. The United States could support this framework by pursuing deep relations with some ASEAN members, while broadly assisting the region's development.

Global Cooperation Among G20 Countries

Author : Michael Callaghan
Publisher : Springer Science & Business Media
ISBN 13 : 8132216598
Total Pages : 293 pages
Book Rating : 4.1/5 (322 download)

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Book Synopsis Global Cooperation Among G20 Countries by : Michael Callaghan

Download or read book Global Cooperation Among G20 Countries written by Michael Callaghan and published by Springer Science & Business Media. This book was released on 2013-12-09 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the outbreak of the global financial crisis, 2008, the G20 was widely acknowledged as helping prevent an even more serious decline in the global economy. It helped to calm the panic in financial markets and articulate a set of possible policy options to restore global stability and growth. However, as the dual-track recovery set in, policy options for advanced economies and EMEs diverged. Within this context, this book will explore the scope for cooperation amongst the G20 and the diverging challenges and the intricate interconnectedness of policy options between advanced economies and the EMEs within the G20.

Moving Up The Ladder: Development Challenges For Low And Middle-income Asia

Author : Shigesaburo Kabe
Publisher : World Scientific
ISBN 13 : 9814725188
Total Pages : 267 pages
Book Rating : 4.8/5 (147 download)

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Book Synopsis Moving Up The Ladder: Development Challenges For Low And Middle-income Asia by : Shigesaburo Kabe

Download or read book Moving Up The Ladder: Development Challenges For Low And Middle-income Asia written by Shigesaburo Kabe and published by World Scientific. This book was released on 2016-03-07 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Besides export expansion, a growing middle class in Asia has contributed to the area's economic expansion, providing Asian countries with a window of opportunity to leap from low/middle income levels to high income levels. It may sound easy for these countries to run up the ladder of economic growth, but the potential risks of quickly shifting from low/middle to high income levels are often overlooked. Careful studies in history reveal that the experience of moving up the ladder of economic growth has varied among countries.This book explores (1) the current state of Asian economies and 2) the conditions or policy counter-measures that lead to higher income levels under changing external circumstances. This is illustrated through case studies on five Asian economies, with emphasis on their structural problems. It also aims to paint a comprehensive picture of necessary policies, which will encourage Asian countries to move up the ladder of growth.

Asia Rising

Author : Hal Hill
Publisher : Edward Elgar Publishing
ISBN 13 : 1781007985
Total Pages : 449 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Asia Rising by : Hal Hill

Download or read book Asia Rising written by Hal Hill and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines and the People's Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. It features a valuable overview of issues from a regional perspective, five chapters on general elements and obstacles in development, and individual chapters on the experience of each of the six countries. Every chapter is replete with relevant institutional and statistical data. The volume fills a void in the literature and is highly recommended for graduate students and for economists concerned with contemporary Asia.' – Peter Drake, The University of New England and Australian Catholic University, Australia 'To understand what makes Asia tick in the face of continuing global uncertainty and instability one has to go beyond numbers into the region's psyche and idiosyncrasies. This volume provides an interestingly intrusive and refreshingly insightful analysis of a highly complex phenomenon that defies generalizations as shown by the diversity of individual country experiences.' – Mohamed Ariff, International Centre for Education in Islamic Finance (INCEIF), Malaysia The center of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of the People's Republic of China, India, and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence have raised a range of major challenges for Asia and for the rest of the world. This comprehensive, forward-looking book examines these issues through in-depth studies of major Asian economies and an analysis of the key development policy options. The contributors, leading international authorities in their field, explore cross-cutting thematic issues with special reference to developing Asia. They address a broad range of subjects including: investment and productivity, savings and the savings–investment relationship, financial development, the provision of infrastructure, and governance and institutions. Detailed country studies focusing on the People's Republic of China, India, Indonesia, Malaysia, the Philippines, and Thailand not only provide an analytical narrative for each case study, but also draw attention to the similarities and diversity within the region. This challenging and thought-provoking book will prove an important point of reference for scholars, researchers, and students in the fields of economics, development economics, and Asian studies.

Monetary and Currency Policy Management in Asia

Author : Masahiro Kawai
Publisher : Edward Elgar Publishing
ISBN 13 : 0857933353
Total Pages : 321 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Monetary and Currency Policy Management in Asia by : Masahiro Kawai

Download or read book Monetary and Currency Policy Management in Asia written by Masahiro Kawai and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asian economies strengthened their monetary and currency management after the Asian financial crisis of 19971998, and came through the global financial crisis of 20072009 relatively well. Nevertheless, the recent global crisis has presented new challenges. This book develops recommendations for monetary and currency policy in Asian economies aimed at promoting macroeconomic and financial stability in an environment of global economic shocks and volatile capital flows. Monetary and Currency Policy Management in Asia draws lessons from crises and makes concrete macroeconomic policy recommendations aimed at minimizing the impacts of an economic and financial downturn, and setting the stage for an early return to sustainable growth. The focus is on short-term measures related to the cycle. The three main areas addressed are: monetary policy measures, both conventional and unconventional, to achieve both macroeconomic and financial stability; exchange rate policy and foreign exchange reserve management, including the potential for regional cooperation to stabilize currency movements; and ways to ease the constraints on policy resulting from the so-called 'impossible trinity' of fixed exchange rates, open capital accounts and independent monetary policy. This is one of the first books since the global financial crisis to specifically and comprehensively address the implications of the crisis for monetary and currency policy in emerging market economies, especially in Asia. Presenting a broad menu of policy options for financial reform and regulation, the book will be of great interest to finance experts and policymakers in the region as well as academics and researchers of financial and Asian economics as well as economic development.

World Development Report 2020

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464814953
Total Pages : 511 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Report 2020 by : World Bank

Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

Global Waves of Debt

Author : M. Ayhan Kose
Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

World Economic Outlook, October 2013

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484348834
Total Pages : 657 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis World Economic Outlook, October 2013 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, October 2013 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2013-10-08 with total page 657 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth is in low gear, and the drivers of activity are changing. These dynamics raise new policy challenges. Advanced economies are growing again but must continue financial sector repair, pursue fiscal consolidation, and spur job growth. Emerging market economies face the dual challenges of slowing growth and tighter global financial conditions. This issue of the World Economic Outlook examines the potential spillovers from these transitions and the appropriate policy responses. Chapter 3 explores how output comovements are influenced by policy and financial shocks, growth surprises, and other linkages. Chapter 4 assesses why certain emerging market economies were able to avoid the classical boom-and-bust cycle in the face of volatile capital flows during the global financial crisis.