Industrialization And Challenges In Asia

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Industrialization and Challenges in Asia

Author : Kankesu Jayanthakumaran
Publisher : Springer
Page : 265 pages
File Size : 43,6 Mb
Release : 2016-10-29
Category : Business & Economics
ISBN : 9789811008245

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Industrialization and Challenges in Asia by Kankesu Jayanthakumaran Pdf

This book provides a much-needed review of Asia’s economic growth and its challenges in the context of post-war industrialization. In the early 1990s, the World Bank (1993) recognized eight high-performing Asian economies (HPAEs) (Japan, the Asian tigers, Indonesia, Malaysia and Thailand) and named them the ‘Asian economic miracle’. In the recent past, the term ‘emerging economies’ has been widely used to refer to the high-growth economies, and includes China, India, Mongolia and Vietnam. In this rush towards high growth, the adverse effects of industrialization are widespread, but were unnoticed. The major challenge is to bring together a comprehensive picture of Asia’s growth, taking into account the adverse consequences. Finally, this book examines two challenges for the future of Asia's development: the global financial crisis and urban poverty and inequality.

Catch-up Industrialization

Author : Akira Suehiro
Publisher : NUS Press
Page : 420 pages
File Size : 43,8 Mb
Release : 2008
Category : Business & Economics
ISBN : 9971693836

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Catch-up Industrialization by Akira Suehiro Pdf

Catch-Up Industrialization is an innovative examination of how the political ideology of 'developmentalism' has driven East Asian economic growth. The author considers innovative production and management techniques, the patterns of industrial relations, and the way education shapes the workforce, using this information to assess late 20th century East Asian economic development based on economic liberalization and the rapid diffusion of information technology.The term 'catch-up' links developing and developed countries, and defines the socioeconomic mindset common to high-growth societies of Asia. The author's argument differs from neoclassical approaches emphasizing the workings of the market, statist ones emphasizing policy rather than private initiatives, business studies lacking macroeconomic and global perspectives, work by development economists based on agriculture, and World BankIMF studies that lack socio-cultural and historical understanding.

The Asian Economy

Author : Kenta Goto,Tamaki Endo,Asei Ito
Publisher : Routledge
Page : 394 pages
File Size : 54,9 Mb
Release : 2020-07-30
Category : Business & Economics
ISBN : 9780429536755

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The Asian Economy by Kenta Goto,Tamaki Endo,Asei Ito Pdf

The book is a key reading which provides a comprehensive and systematic overview of the contemporary Asian economy. The book focuses on the structural changes that are rapidly transforming the regional economic landscape in the 21st century. It highlights the concomitant challenges that have arisen, and further discusses prospects and potentialities of Asian economies given this new economic environment. The book also looks at broader social issues that are both the cause and result of these new and complex economic dynamism in Asia. Understanding the Asian economy cannot be achieved without understanding the new interrelationships and complexities that have evolved from this context, which continue to be driven by drastic changes in technological, demographic, and social structures, among others. Each of the chapters are titled based on "issues" and are framed in present continuous tense, intended to capture and emphasize the progressiveness of this new dynamism that are transforming the region in a fundamental way.

Southeast Asia's Industrialization

Author : K. Jomo
Publisher : Springer
Page : 349 pages
File Size : 43,8 Mb
Release : 2001-10-02
Category : Business & Economics
ISBN : 9781137002310

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Southeast Asia's Industrialization by K. Jomo Pdf

Drawing on a wide range of expertise, this volume addresses fundamental issues surrounding industrialization in Southeast Asia, which are particularly pressing now that the region's miracle has been transformed into a debacle, and the world seeks to draw lessons from the experience. The contributors address crucial questions such as: How did Southeast Asia industrialize? What have been the consequences of domination by foreign investment? Did the region's resource wealth weaken its imperative to industrialize? Why else has Southeast Asia's industrialization been inferior to the rest of the East Asian region? Did the countries' financial systems help industrialization? Was this industrialization sustainable? The volume includes detailed studies of Singapore, Malaysia, Thailand and Indonesia.

The Rise of "The Rest"

Author : Alice H. Amsden
Publisher : Oxford University Press
Page : 424 pages
File Size : 52,7 Mb
Release : 2001-01-18
Category : Business & Economics
ISBN : 019803198X

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The Rise of "The Rest" by Alice H. Amsden Pdf

After World War II a select number of countries outside Japan and the West--those that Alice Amsden calls "the rest"--gained market share in modern industries and altered global competition. By 2000, a great divide had developed within "the rest", the lines drawn according to prewar manufacturing experience and equality in income distribution. China, India, Korea and Taiwan had built their own national manufacturing enterprises that were investing heavily in R&D. Their developmental states had transformed themselves into champions of science and technology. By contrast, Argentina, Brazil and Mexico had experienced a wave of acquisitions and mergers that left even more of their leading enterprises controlled by multinational firms. The developmental states of Mexico and Turkey had become hand-tied by membership in NAFTA and the European Union. Which model of late industrialization will prevail, the "independent" or the "integrationist," is a question that challenges the twenty-first century.

Pathways to Industrialization in the Twenty-First Century

Author : Adam Szirmai,Wim Naudé,Ludovico Alcorta
Publisher : Oxford University Press
Page : 466 pages
File Size : 40,5 Mb
Release : 2013-02-28
Category : Business & Economics
ISBN : 9780199667857

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Pathways to Industrialization in the Twenty-First Century by Adam Szirmai,Wim Naudé,Ludovico Alcorta Pdf

"A study prepared by the World Institute for Development Economics Research of the United Nations University (UNU-WIDER), Maastricht Economic and Social Research Institute on Innovation and Technology of the United Nations University (UNU-MERIT), and the United Nations Industrial Development Organization (UNIDO)."

Southeast Asia's Misunderstood Miracle

Author : Jomo K.s.
Publisher : Westview Press
Page : 220 pages
File Size : 53,9 Mb
Release : 1997-07-31
Category : History
ISBN : UCSD:31822024013781

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Southeast Asia's Misunderstood Miracle by Jomo K.s. Pdf

Southeast Asia's Misunderstood Miracle emphasizes the contribution of government intervention, especially selective industrial policy, to growth, structural change, and late industrialization in Thailand, Malaysia, and Indonesia. Although government intervention has certainly been abused for private gain, it has also been crucial for the sustained rapid growth and structural change experienced in the region. Similarly, Southeast Asian resource wealth may have weakened the imperative to industrialize in the region, but inferior government intervention probably accounts for the relatively less impressive industrial achievements of the three countries. The study also stresses the significant contribution of regional economic dynamics, especially the increased role of direct foreign investment from Japan and the first tier, newly industrializing economies of South Korea, Taiwan, Hong Kong, and Singapore.Thus, the book qualifies, contradicts, and challenges some of the conclusions and policy recommendations of other works such as the World Bank's influential East Asian Miracle (1993), which suggested that other developing countries should seek to emulate the second tier Southeast Asian NICs rather than the first tier East Asian NIEs.

Key Indicators for Asia and the Pacific 2013

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 731 pages
File Size : 48,7 Mb
Release : 2013-08-01
Category : Business & Economics
ISBN : 9789292542399

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Key Indicators for Asia and the Pacific 2013 by Asian Development Bank Pdf

The Key Indicators for Asia and the Pacific 2013 (Key Indicators), the 44th edition of this series, includes the latest available economic, financial, social, and environmental indicators for the 48 regional members of the Asian Development Bank. This publication aims to present the latest key statistics on development issues concerning the economies of Asia and the Pacific to a wide audience, including policy makers, development practitioners, government officials, researchers, students, and the general public. Part I of this issue of the Key Indicators is a special chapter---Asia's Economic Transformation: Where to, How, and How Fast?. Parts II and III comprise of brief, non-technical analyses and statistical tables on the Millennium Development Goals and seven other themes. This year, the 2013 edition of the Framework of Inclusive Growth Indicators, a special supplement to Key Indicators is also included. The statistical tables in this issue of the Key Indicators may also be downloaded in MS Excel format from this website or in user-specified format at SDBS Online. The statistical tables are complemented by a visualization tool that is intended to provide users with an alternative way to look at some of the development issues concerning the economies of Asia and the Pacific.

The Oxford Handbook of Industrial Policy

Author : Arkebe Oqubay,Christopher Cramer,Ha-Joon Chang,Richard Kozul-Wright
Publisher : Oxford University Press, USA
Page : 981 pages
File Size : 48,6 Mb
Release : 2020-10-19
Category : Business & Economics
ISBN : 9780198862420

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The Oxford Handbook of Industrial Policy by Arkebe Oqubay,Christopher Cramer,Ha-Joon Chang,Richard Kozul-Wright Pdf

Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. It has also been one of the most contested perspectives, reflecting ideologically inflected debates and shifts in prevailing ideas. There has lately been a renewed interest in industrial policy in academic circles and international policy dialogues, prompted by the weak outcomes of policies pursued by many developing countries under the direction of the Washington Consensus (and its descendants), the slow economic recovery of many advanced economies after the 2008 global financial crisis, and mounting anxieties about the national consequences of globalization. The Oxford Handbook of Industrial Policy presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy. The Handbook also presents analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, and political economy. By combining historical and theoretical perspectives, and integrating conceptual issues with empirical evidence drawn from advanced, emerging, and developing countries, The Handbook offers valuable lessons and policy insights to policymakers, practitioners and researchers on developing productive transformation, technological capabilities, and international competitiveness. It addresses pressing issues including climate change, the gendered dimensions of industrial policy, global governance, and technical change. Written by leading international thinkers on the subject, the volume pulls together different perspectives and schools of thought from neo-classical to structuralist development economists to discuss and highlight the adaptation of industrial policy in an ever-changing socio-economic and political landscape.

Industries Without Smokestacks

Author : Richard S. Newfarmer,Finn Tarp,John Page
Publisher : Oxford University Press
Page : 472 pages
File Size : 55,9 Mb
Release : 2018
Category : Business & Economics
ISBN : 9780198821885

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Industries Without Smokestacks by Richard S. Newfarmer,Finn Tarp,John Page Pdf

A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)

Reforming State-Owned Enterprises in Asia

Author : Farhad Taghizadeh-Hesary,Naoyuki Yoshino,Chul Ju Kim,Kunmin Kim
Publisher : Springer Nature
Page : 341 pages
File Size : 45,7 Mb
Release : 2021-02-23
Category : Political Science
ISBN : 9789811585746

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Reforming State-Owned Enterprises in Asia by Farhad Taghizadeh-Hesary,Naoyuki Yoshino,Chul Ju Kim,Kunmin Kim Pdf

This book analyzes state-owned enterprises (SOEs), which are still significant players in many Asian economies. They provide essential public services, build and operate key infrastructure, and are often reservoirs of public employment. Their characteristics and inherent competitive advantages as publicly owned enterprises allow them to play these critical roles. Their weaknesses in governance and inefficiencies in incentive structures, however, also often lead to poor performance. SOEs must be efficient, transparent, and accountable to level the playing field for private companies, secure the growth of a vibrant private sector, and achieve sustained and inclusive economic growth. This book analyzes the reform of SOEs in Asia, the results of which are mixed. The volume concludes that some key conditions generally need to be met for SOE reforms to be successful: national bureaucracies must have the capacity to implement the reforms, and adverse impacts on international trade and investment must be avoided.

The Fourth Industrial Revolution

Author : Klaus Schwab
Publisher : Currency
Page : 192 pages
File Size : 53,8 Mb
Release : 2017-01-03
Category : Business & Economics
ISBN : 9781524758875

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The Fourth Industrial Revolution by Klaus Schwab Pdf

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Human Capital Development in South Asia

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 302 pages
File Size : 49,5 Mb
Release : 2017-12-01
Category : Business & Economics
ISBN : 9789292610395

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Human Capital Development in South Asia by Asian Development Bank Pdf

Human capital is an important factor for economic growth in South Asia. Between 1981 and 2010, human capital contributed about 22% of annual gross domestic product per worker growth in India. During the same period, it contributed around 21% in Bangladesh, and 16% in Sri Lanka. However, education and skills remain the binding constraint. Raising the quality of education and skills in South Asia's workforce can play a critical role in catching up to the level of development of the People's Republic of China, the Republic of Korea, and other successful Southeast Asian economies. This study reviews the development of human capital in South Asia and analyzes contributing factors to human development including policies and strategies that countries in South Asia follow.

Social Issues and Policies in Asia

Author : Raymond K. H. Chan,Lih-Rong Wang,Jens O. Zinn
Publisher : Cambridge Scholars Publishing
Page : 275 pages
File Size : 41,9 Mb
Release : 2014-06-26
Category : Social Science
ISBN : 9781443862813

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Social Issues and Policies in Asia by Raymond K. H. Chan,Lih-Rong Wang,Jens O. Zinn Pdf

In the past few decades, societies in Asia have experienced rapid and dramatic changes in their economic, social and political spheres. Despite the wide diversity among these countries, a few general trends can be observed. Globalization has swept across Asia, bringing intensive economic interactions, with a strong commitment to liberalism and market capitalism. Wage labour has become the common form of employment. Individuals, as well as countries, are increasingly exposed to the competitive and uncertain global market. Employment protection, particularly for vulnerable labour groups – youth, women, seniors and migrants – has become a pressing issue for most Asian governments. Industrialization and urbanization have had a major impact on demographics, family structures and normative frameworks. The declining fertility rate has been recognized as a defining feature of a modern society, leading to small families and reducing instances of multi-generational co-residency. Changing family structures have contributed to changes in family values and roles, especially the role of women. Sometimes willingly, sometimes compelled, women are entering the workplace in increasing numbers, particularly as migrant workers. Similarly, the elderly are experiencing changes in their roles and participation in society. Family duties compete, and are often in conflict with, the demands of work. The issue of providing adequate and quality care to family members has been exacerbated by the fact that Asian societies are ageing. It is commonly acknowledged that, in Asian societies, personal care and support needs are primarily met by family – both immediate and extended – and, to a lesser degree, by community networks. Governments had gradually established their own social welfare systems in an effort to support economic growth and sustain their legitimacy by meeting certain recognized social needs. The success of these ventures varies across societies, and, naturally, there have been criticisms of the breadth and depth of these provisions. This book addresses social issues related to family, ageing and work that arise from these changes in Japan, Korea, Taiwan, Hong Kong, China, Philippine and Sri Lanka. These societies represent different levels of economic and social development, but face similar challenges and their social interventions can be usefully compared. This variety of subjects provides the reader with a more comprehensive understanding of the changes that have occurred, the problems that have emerged and the strategies that have been adopted. This volume provides insight into ways of addressing social issues in this rapidly changing part of the world.

Industrialization with a Weak State

Author : Sombūn Siriprachai
Publisher : Unknown
Page : 0 pages
File Size : 49,9 Mb
Release : 2012
Category : Business & Economics
ISBN : 9971696517

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Industrialization with a Weak State by Sombūn Siriprachai Pdf

This volume of collected essays by Somboon Siriprachai offers a critical assessment of Thai industrialization with a focus on industrial policy, rent seeking and income inequality. An economist by training, Somboon saw the Thai state as authoritarian rather than developmental, and criticized the adoption policies that were oriented toward increasing government revenue instead of nurturing industrial development. While these policies achieved growth, they did not strengthen Thailand's technological capability and industrial skills, or promote research and development. Somboon disputed the World Bank’s classification of Thailand as a Newly Industrializing Economy (NIE), backing his argument with empirical evidence and comparisons with Japan, South Korea and Taiwan. The success of these East Asian countries, he suggested, rested on the competence of the state to direct the accumulation process rather than reliance on any particular strategy for industrialization. Arguing that growth of industrial productivity is the key to a country’s living standard and its ability to compete in the world market, he argued that government intervention was essential to successful late-comer industrialization. Combining institutional economics with a historical perspective, Somboon’s work provides a unique analysis of the transition of the Thai economy from around the mid nineteenth century until 2000. His essays are a unique and valuable contribution not only to Thai studies but also to the study of economic development of late-comer countries and the role of the state in that process.