Emerging States And Economies

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Emerging States and Economies

Takashi Shiraishi,Tetsushi Sonobe
Emerging States and Economies Book PDF

Author : Takashi Shiraishi,Tetsushi Sonobe
Publisher : Springer
Page : 183 pages
File Size : 46,9 Mb
Release : 2018-11-19
Category : Political Science
ISBN : 9789811326349

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Emerging States and Economies by Takashi Shiraishi,Tetsushi Sonobe Pdf

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.

Emerging States at Crossroads

Keiichi Tsunekawa,Yasuyuki Todo
Emerging States at Crossroads Book PDF

Author : Keiichi Tsunekawa,Yasuyuki Todo
Publisher : Springer
Page : 298 pages
File Size : 52,7 Mb
Release : 2018-11-30
Category : Political Science
ISBN : 9789811328596

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Emerging States at Crossroads by Keiichi Tsunekawa,Yasuyuki Todo Pdf

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.

Developmental State Building

Yusuke Takagi,Veerayooth Kanchoochat,Tetsushi Sonobe
Developmental State Building Book PDF

Author : Yusuke Takagi,Veerayooth Kanchoochat,Tetsushi Sonobe
Publisher : Springer
Page : 200 pages
File Size : 51,9 Mb
Release : 2019-01-18
Category : Business & Economics
ISBN : 9789811329043

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Developmental State Building by Yusuke Takagi,Veerayooth Kanchoochat,Tetsushi Sonobe Pdf

This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building.

Rising Tide

Lawrence Edwards,Robert Z. Lawrence
Rising Tide Book PDF

Author : Lawrence Edwards,Robert Z. Lawrence
Publisher : Peterson Institute
Page : 299 pages
File Size : 43,5 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780881325003

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Rising Tide by Lawrence Edwards,Robert Z. Lawrence Pdf

In 1963, John F. Kennedy said that "a rising tide lifts all the boats. And a partnership, by definition, serves both parties, without domination or unfair advantage." US international economic policy since World War II has been based on the premise that foreign economic growth is in America's economic, as well as political and security, self-interest. The bursting of the speculative dot.com bubble, slowing US growth, and the global financial crisis and its aftermath, however, have led to radical changes in Americans' perceptions of the benefits of global trade. Many Americans believe that trade with emerging-market economies is the most important reason for US job loss, especially in manufacturing, and is detrimental to American welfare and an important source of wage inequality. Several prominent economists have reinforced these public concerns. In this study, Lawrence Edwards and Robert Z. Lawrence confront these fears through an extensive survey of the empirical literature and in depth analyses of the evidence. Their conclusions contradict several popular theories about the negative impact of US trade with developing countries. They find considerable evidence that while adjusting to foreign economic growth does present America with challenges, growth in emerging-market economies is in America's economic interest. It is hard, of course, for Americans to become used to a world in which the preponderance of economic activity is located in Asia. But one of America's great strengths is its adaptability. And if it does adapt, the American economy can be buoyed by that rising tide.

State-permeated Capitalism in Large Emerging Economies

Andreas Nölke,Tobias ten Brink,Christian May,Simone Claar
State permeated Capitalism in Large Emerging Economies Book PDF

Author : Andreas Nölke,Tobias ten Brink,Christian May,Simone Claar
Publisher : Routledge
Page : 290 pages
File Size : 51,5 Mb
Release : 2019-08-30
Category : Philosophy
ISBN : 9780429536731

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State-permeated Capitalism in Large Emerging Economies by Andreas Nölke,Tobias ten Brink,Christian May,Simone Claar Pdf

This book systematically analyzes the economic dynamics of large emerging economies from an extended Comparative Capitalisms perspective. Coining the phrase ‘state-permeated capitalism’, the authors shift the focus of research from economic policy alone, towards the real world of corporate and state behaviour. On the basis of four empirical case studies (Brazil, India, China, South Africa), the main drivers for robust economic growth in these countries from the 2000s until the 2010s are revealed. These are found, in particular, in mutual institutional compatibilities of ‘state-permeated capitalism’, in their large domestic markets, and beneficial global economic constellations. Differences in their institutional arrangements are explored to explain why China and India have been more economically successful than Brazil and South Africa. The authors highlight substantial challenges for the stability of state-permeated capitalism and assess the potential future growth, sustainability and likely pitfalls for these large emerging economies. Opening further avenues for empirical and theoretical research, this book raises questions for the future of the global economic order and should appeal to academics, graduate students and advanced undergraduates in politics, economics, economic sociology and development studies. It should also prove a worthwhile and provocative read for development practitioners and policy-makers.

Paths to the Emerging State in Asia and Africa

Keijiro Otsuka,Kaoru Sugihara
Paths to the Emerging State in Asia and Africa Book PDF

Author : Keijiro Otsuka,Kaoru Sugihara
Publisher : Springer
Page : 305 pages
File Size : 51,7 Mb
Release : 2019-01-16
Category : Business & Economics
ISBN : 9789811331312

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Paths to the Emerging State in Asia and Africa by Keijiro Otsuka,Kaoru Sugihara Pdf

This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.

The Financial Landscape of Emerging Economies

Aswini Kumar Mishra,Vairam Arunachalam,Sanket Mohapatra,Dennis Olson
The Financial Landscape of Emerging Economies Book PDF

Author : Aswini Kumar Mishra,Vairam Arunachalam,Sanket Mohapatra,Dennis Olson
Publisher : Springer Nature
Page : 191 pages
File Size : 55,5 Mb
Release : 2020-11-25
Category : Business & Economics
ISBN : 9783030600082

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The Financial Landscape of Emerging Economies by Aswini Kumar Mishra,Vairam Arunachalam,Sanket Mohapatra,Dennis Olson Pdf

This volume presents current developments in the field of finance from an emerging markets perspective. Featuring most of the contributions presented at the second International Conference on Economics and Finance (ICEF-2020), Goa, India, this volume serves as a valuable forum for discussing financial performance and well-being, economic policy uncertainty, efficiency of commodity markets and various recent trends in the banking and financial sector. It provides an analysis of the current state of the financial sector and proposes solutions to challenging topics including bankruptcy, audit quality and liquidity crises. Popular topics such as cryptocurrency, stock market volatility and board governance are also covered.

Emerging State and Economy

Takashi Shiraishi,Tetsushi Sonobe,Kaoru Sugihara,Keijiro Otsuka,Yusuke Takagi,Veerayooth Kanchoochat,Keiichi Tsunekawa,Yasuyuki Todo
Emerging State and Economy Book PDF

Author : Takashi Shiraishi,Tetsushi Sonobe,Kaoru Sugihara,Keijiro Otsuka,Yusuke Takagi,Veerayooth Kanchoochat,Keiichi Tsunekawa,Yasuyuki Todo
Publisher : Springer
Page : 128 pages
File Size : 41,5 Mb
Release : 2019-03-08
Category : Political Science
ISBN : 9811376506

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Emerging State and Economy by Takashi Shiraishi,Tetsushi Sonobe,Kaoru Sugihara,Keijiro Otsuka,Yusuke Takagi,Veerayooth Kanchoochat,Keiichi Tsunekawa,Yasuyuki Todo Pdf

This four-volume collection of Open Access books presents trans-disciplinary dialogues on the modern state formation and high economic growth of middle-income countries. Volume 1, Emerging States and Economies: Their Origins, Drivers, and Challenges Ahead, showcases such a dialogue. Volume 2, Paths to the Emerging State in Asia and Africa, offers historical and contemporary case studies asking how a country which was incorporated into the world economy as a periphery could undertake the task of economic development. Volume 3, Developmental State-Building: The Politics of Emerging Economy, modifies and revitalizes the notion of developmental state through nuanced analysis on the roles of human agency in structural transformation. Volume 4, Emerging States at Crossroads, analyzes the economic, social, and political challenges that emerging states confronts, including middle-income trap, social disparity, and pressure for political opening.

Emerging Market Economies and Financial Globalization

Leonardo E. Stanley
Emerging Market Economies and Financial Globalization Book PDF

Author : Leonardo E. Stanley
Publisher : Anthem Press
Page : 260 pages
File Size : 41,6 Mb
Release : 2018-03-15
Category : Business & Economics
ISBN : 9781783086757

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Emerging Market Economies and Financial Globalization by Leonardo E. Stanley Pdf

In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the situation generated at emerging markets in the South, nobody at the North was ready to acknowledge the pro-cyclicality of the financial system and the inner weakness of “decontrolled” financial innovations because they were enjoying from the “great moderation.” Monetary policy was primarily centered on price stability objectives, without considering the mounting credit and asset price booms being generated by market liquidity and the problems generated by this glut. Mainstream economists, in turn, were not majorly attracted in integrating financial factors in their models. External pressures on emerging market economies (EMEs) were not eliminated after 2008, but even increased as international capital flows augmented in relevance thereafter. Initially economic authorities accurately responded to the challenge, but unconventional monetary policies in the US began to create important spillovers in EMEs. Furthermore, in contrast to a previous surge in liquidity, funds were now transmitted to EMEs throughout the bond market. The perspective of an increase in US interest rates by the FED is generating a reversal of expectations and a sudden flight to quality. Emerging countries’ currencies began to experience higher volatility levels, and depreciation movements against a newly strong US dollar are also increasingly observed. Consequently, there are increasing doubts that the “unexpected” favorable outcome observed in most EMEs at the aftermath of the Global Financial Crisis (GFC) would remain.

Doing Business in Emerging Markets

Sudhir Rana,Avinash K. Shrivastava
Doing Business in Emerging Markets Book PDF

Author : Sudhir Rana,Avinash K. Shrivastava
Publisher : Taylor & Francis
Page : 250 pages
File Size : 43,6 Mb
Release : 2021-09-27
Category : Business & Economics
ISBN : 9781000434927

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Doing Business in Emerging Markets by Sudhir Rana,Avinash K. Shrivastava Pdf

This volume presents a comprehensive analysis of the business, financial and economic aspects of emerging markets. Using case studies from India, Turkey, Bangladesh and Africa, it discusses themes such as megaprojects, infrastructure and sustainability; cross-border mergers and acquisitions; a new paradigm for educational markets; exports competitiveness; work engagement in service sector; mobile banking and crowdfunding; and venture capital flow into emerging economies, to focus on the trade, foreign investment, financial, and social progress of these economies. The chapters review the current state, learnings, changing scenarios, business practices, and financial and economic perspectives across emerging markets while examining progression, challenges and the way forward. With its rigorous approach and topical content, this book will be useful to scholars and researchers of management studies, business management, financial management, business economics, international business, finance and marketing, development studies and economics. It will also interest policymakers and practitioners in the field.

The State of Open Data

Davies, Tim,Walker, Stephen B.,Rubinstein, Mor
The State of Open Data Book PDF

Author : Davies, Tim,Walker, Stephen B.,Rubinstein, Mor
Publisher : African Minds
Page : 590 pages
File Size : 41,8 Mb
Release : 2019-05-22
Category : Social Science
ISBN : 9781928331957

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The State of Open Data by Davies, Tim,Walker, Stephen B.,Rubinstein, Mor Pdf

It’s been ten years since open data first broke onto the global stage. Over the past decade, thousands of programmes and projects around the world have worked to open data and use it to address a myriad of social and economic challenges. Meanwhile, issues related to data rights and privacy have moved to the centre of public and political discourse. As the open data movement enters a new phase in its evolution, shifting to target real-world problems and embed open data thinking into other existing or emerging communities of practice, big questions still remain. How will open data initiatives respond to new concerns about privacy, inclusion, and artificial intelligence? And what can we learn from the last decade in order to deliver impact where it is most needed? The State of Open Data brings together over 60 authors from around the world to address these questions and to take stock of the real progress made to date across sectors and around the world, uncovering the issues that will shape the future of open data in the years to come.

Emerging States

Fondation nationale des sciences politiques (France). Centre d'études et de recherches internationales
Emerging States Book PDF

Author : Fondation nationale des sciences politiques (France). Centre d'études et de recherches internationales
Publisher : Unknown
Page : 335 pages
File Size : 51,5 Mb
Release : 2009-03-01
Category : Developing countries
ISBN : 1850659702

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Emerging States by Fondation nationale des sciences politiques (France). Centre d'études et de recherches internationales Pdf

Typically when we think of global powerhouses, countries such as the US, UK, Japan or Germany come to mind. But the world is in the midst of a tectonic shift in international economic and political power. Countries previously lumped under the general heading of "developing" are fast becoming key players on the international stage. India, Turkey, Brazil, Mexico, Indonesia and South Africa, among others, are subtly altering our perceptions of what constitutes a "strong" or "weak" economy, while "Emerging States"--a term once familiar only to economists--is entering common parlance. The Emerging States are reshuffling the cards of the international game in a manner unheard of since 1945. Never before have the dominant powers had to make room for new players, propelled forward by an astonishing economic momentum. The power struggle looming in multilateral organizations such as the UN and the IMF reflects a shift in the world center of gravity, in both geopolitical and cultural terms. Although emerging countries all feature high growth rates, growing integration into the world economy, stabilized institutions and discrete forms of capitalism, their trajectories differ: from China, "the world's factory," to India, "the world's back office." Under such circumstances, there is a growing need to understand how the notion of 'Emerging States' corresponds to reality and what new international configurations it is likely to spawn. This richly documented volume, which contains over 100 color maps, graphs and tables, helps businessmen, scholars and the general reader to get to grips with "Emerging States" and how they are transforming international relations.

The Entrepreneurial State

Mariana Mazzucato
The Entrepreneurial State Book PDF

Author : Mariana Mazzucato
Publisher : Penguin
Page : 313 pages
File Size : 42,8 Mb
Release : 2024-02-06
Category : Business & Economics
ISBN : 9780593656945

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The Entrepreneurial State by Mariana Mazzucato Pdf

Award-winning economist Mariana Mazzucato’s famously incisive international bestseller debunking the pervasive myth of the inept state versus an innovative private sector—with a new preface by the author According to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case? What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all? Critically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studies—from nanotechnology to the emerging green tech of today—Mazzucato reveals that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. The Entrepreneurial State reveals how every technology that makes the iPhone so “smart” was actually funded by the government—from the Internet and GPS technology, to touch-screen displays and voice-activated Siri. In the history of modern capitalism, the State has not only fixed market failures, but has also actively shaped and created markets. In doing so, it sometimes wins and sometimes fails. Yet by not admitting the State’s role in active risk taking, we've created an "innovation system" where the public sector socializes risks while privatizing reward, as Mazzucato controversially argues. This bold and provocative book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only "smart" but "inclusive" as well.

Tourism in Emerging Economies

Wei-Ta Fang
Tourism in Emerging Economies Book PDF

Author : Wei-Ta Fang
Publisher : Springer Nature
Page : 382 pages
File Size : 47,7 Mb
Release : 2020-01-03
Category : Business & Economics
ISBN : 9789811524639

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Tourism in Emerging Economies by Wei-Ta Fang Pdf

This book bridges the gap between the vital issues of the tourism industry, practices and destinations, discussing various topics from Asian and African perspectives. Each chapter presents extensive research on tourism development and tourism education, people’s work and travel experiences, as well as broader philosophies concerning the global tourism industry’s practices and operations. In the context of Sustainable Development Goals (SDGs) 8, 12 and 14, the book highlights the potential of tourism to contribute to economic growth, social inclusion and environmental preservation. It discusses crucial issues confronting the travel and tourism industry, presenting achievable outlines and strategy plans, and evaluating general theories, practices, and applications of social, economic and environmental aspects of management structure to maximize the cultural, social and ecological diversity of destinations and enhance the tourism experience. Providing a comprehensive guide to tourism and its related disciplines, it offers students, professors, entrepreneurs, and travel and tourism organizations insights into the trends, practices. Further, it features case studies ranging from historical and contemporary tourism to forecasts for future tourism.

State Capitalism

Joshua Kurlantzick
State Capitalism Book PDF

Author : Joshua Kurlantzick
Publisher : Oxford University Press
Page : 287 pages
File Size : 48,6 Mb
Release : 2016-03-08
Category : Political Science
ISBN : 9780199385720

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State Capitalism by Joshua Kurlantzick Pdf

The end of the Cold War ushered in an age of American triumphalism best characterized by the "Washington Consensus:" the idea that free markets, democratic institutions, limitations on government involvement in the economy, and the rule of law were the foundations of prosperity and stability. The last fifteen years, starting with the Asian financial crisis, have seen the gradual erosion of that consensus. Many commentators have pointed to the emergence of a powerful new rival model: state capitalism. In state capitalist regimes, the government typically owns firms in strategic industries. Not beholden to private-sector shareholders, such firms are allowed to operate with razor-thin margins if the state deems them strategically important. China, soon to be the world's largest economy, is the best known state capitalist regime, but it is hardly the only one. In State Capitalism, Joshua Kurlantzick ranges across the world--China, Thailand, Brazil, Russia, South Africa, Turkey, and more--and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy. He isolates some of the reasons for state capitalism's resurgence: the fact that globalization favors economies of scale in the most critical industries, and the widespread rejection of the Washington Consensus in the face of the problems that have plagued the world economy in recent years. That said, a number of democratic nations have embraced state capitalism, and in those regimes, state-backed firms like Brazil's Embraer have enjoyed considerable success. Kurlantzick highlights the mixed record and the evolving nature of the model, yet he is more concerned about the negative effects of state capitalism. When states control firms, whether in democratic or authoritarian regimes, the government increases its advantage over the rest of society. The combination of new technologies, the perceived failures of liberal economics and democracy in many developing nations, the rise of modern kinds of authoritarians, and the success of some of the best-known state capitalists have created an era ripe for state intervention. State Capitalism offers the sharpest analysis yet of what state capitalism's emergence means for democratic politics around the world.