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Growth Theories in Light of the East Asian Experience

2007-12-01 Political Science
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Release : 2007-12-01
Genre : Political Science
Kind : eBook
Book Rating : 988/5 ( reviews)

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Book Synopsis Growth Theories in Light of the East Asian Experience by : Takatoshi Ito

Download or read book Growth Theories in Light of the East Asian Experience written by Takatoshi Ito. This book was released on 2007-12-01. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this volume analyze the growth experiences of Japan, Korea, China, Hong Kong, Singapore, and Taiwan in light of the recently developed endogenous growth theory to provide an understanding of the economic boom in East Asia. The theory explored in this volume attributes the phenomenal economic success of these countries to, among other factors, the role of an outward orientation—a focus on exporting rather than on protecting home markets. In addition, the importance of exchange rate behavior, of the supportive role of government policy, and of the accumulation and promotion of physical and human capital are explored in detail. This collection also examines the extent to which growth in each country became self-sustaining once it began. Demonstrating the relevance of endogenous growth theory for studying this important region, this fourth volume in the NBER-East Asia Seminar on Economics series will be of interest to observers of East Asian affairs.

East Asian Development Model

2014-12-17 Business & Economics
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Release : 2014-12-17
Genre : Business & Economics
Kind : eBook
Book Rating : 785/5 ( reviews)

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Book Synopsis East Asian Development Model by : Shiping Hua

Download or read book East Asian Development Model written by Shiping Hua. This book was released on 2014-12-17. Available in PDF, EPUB and Kindle. Book excerpt: Given the impressive growth in East Asia after World War II, initially led by Japan, the region's development models have been scrutinized since the 1980s. The shared Confucian cultural heritage, strong government guidance, and export led economies were often cited as contributors to the impressive growth. However, major changes have taken place in Asia on and around the turn of the century: Japan experienced two decades of economic slow-down, while World Bank figures reveal that China is poised to become the largest economy in the world in 2014, overtaking the United States. Bearing this in mind, is it even possible to formulate an East Asian development model in the context of a shifting twenty-first century? And if so, what is it? This book addresses this issue by looking at the economic, political and cultural perspectives of China, Japan and South Korea, focusing on dynamism and potential consensus regarding an East Asian development model. The chapters offer a historical background to the East Asian development model, as well as in-depth case studies of each of the countries concerned to show that whilst the East Asian development model does have distinct characteristics as compared with other areas, and other countries may draw some insights from the East Asian experience, it is not a panacea that fits all circumstances and fits all times. This book will be welcomed by students and scholars of Asian economics, Asian politics, international political economy and development studies.

Interpreting East Asian Growth and Innovation

2004-02-09 Business & Economics
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Release : 2004-02-09
Genre : Business & Economics
Kind : eBook
Book Rating : 535/5 ( reviews)

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Book Synopsis Interpreting East Asian Growth and Innovation by : H. Khan

Download or read book Interpreting East Asian Growth and Innovation written by H. Khan. This book was released on 2004-02-09. Available in PDF, EPUB and Kindle. Book excerpt: Haider A. Khan goes beyond the study of catch-up technology and raises the question of innovation processes that are the key to the future growth and prosperity of the East Asian economies. This is particularly important in the aftermath of the Asian financial crises that have cost these economies much. How can newly industrialized economies achieve cohesive systems of innovation for sustainable growth? The author offers a novel theory of innovation systems with concrete case studies to illustrate its usefulness.

Human Capital Formation as an Engine of Growth

1999 Business & Economics
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Release : 1999
Genre : Business & Economics
Kind : eBook
Book Rating : 188/5 ( reviews)

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Book Synopsis Human Capital Formation as an Engine of Growth by : Loong-Hoe Tan

Download or read book Human Capital Formation as an Engine of Growth written by Loong-Hoe Tan. This book was released on 1999. Available in PDF, EPUB and Kindle. Book excerpt: The East Asian countries have been relatively more advanced than other developing countries in the field of human capital development. Even in the 1960s they managed to attain higher levels of human capital compared with other low- and middle-level economies in the developing world. This volume examines the role of human capital formation in the rapid growth of the East Asian economies. Apart from the formal education variable, other factors such as better health care of the labour force, nutritional status of the population, and on-the-job training are important concerns that were not given sufficient attention in the 1993 World Bank study The East Asian Miracle. This present volume offers many insights of interest to policy-makers and specialists with regard to developing (and transitional) economies.

Global Regulation of Foreign Direct Investment

2018-02-06 Social Science
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Release : 2018-02-06
Genre : Social Science
Kind : eBook
Book Rating : 726/5 ( reviews)

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Book Synopsis Global Regulation of Foreign Direct Investment by : Sherif Seid

Download or read book Global Regulation of Foreign Direct Investment written by Sherif Seid. This book was released on 2018-02-06. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2002: After the failure of the Multilateral Agreement on Investment (MAI), the world does not have a global investment agreement that would regulate FDI. A global investment agreement dealing with FDI would clearly fill a large gap in the network of regulatory measures governing the world economy. Other attempts had been made prior to the MAI to address this problem, but all have failed so far. The main reason for such failures has always been the lack of compromise in the positions held by the major stakeholders. This book analyses the pros and cons of these opposing positions and uses them as a basis for forging a hybrid model called "Regulated Openness".

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