The Global Economic Crisis And Its Implications For Asian Economic Cooperation

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Asian Responses to the Global Financial Crisis

Author : Jehoon Park,T. J. Pempel,Geng Xiao
Publisher : Edward Elgar Publishing
Page : 305 pages
File Size : 50,9 Mb
Release : 2012-01-01
Category : Business & Economics
ISBN : 9781781003916

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Asian Responses to the Global Financial Crisis by Jehoon Park,T. J. Pempel,Geng Xiao Pdf

This book takes account of the global financial crisis from Asian perspectives, considering Asian responses to the crisis via two key arenas – regionalism in Asia and the G20. The expert contributors – both Asian and Western – illustrate that as G20 members, many Asian countries are now able to showcase their increasing powers and influence on global issues. Within this context, and via multidisciplinary economic and political science perspectives, the book deals with various issues such as World System analysis, the debate between the Washington Consensus and the Beijing Consensus, roles within the G20, and the contribution of 'middle' powers such as Korea and Australia. The application of European experiences to Asia is also considered, as are perspectives from the US. The book concludes that the key to resolving the current global economic crisis lies in how quickly a new global governance and monitoring system can be constructed, and that there are multiple roles for Asian countries to play in its development. Written with a uniquely multidisciplinary approach, this book will prove a fascinating read for a wide-ranging audience encompassing academics, students, researchers and policymakers in a number of fields including Asian studies, economics, public policy and regional studies.

Asia and the Global Economic Crisis

Author : J. Dowling,P. Rana
Publisher : Springer
Page : 277 pages
File Size : 54,9 Mb
Release : 2010-09-17
Category : Business & Economics
ISBN : 9780230307025

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Asia and the Global Economic Crisis by J. Dowling,P. Rana Pdf

This book provides an analysis of the global economic crisis from an Asian perspective. It examines the impacts of the policy measures adopted, the remaining challenges in rebalancing the global economy, the next steps in regional economic integration in Asia, and issues related to reform of the international financial architecture.

China And The Global Economic Crisis

Author : Yongnian Zheng,Sarah Yueting Tong
Publisher : World Scientific
Page : 308 pages
File Size : 54,9 Mb
Release : 2010-02-22
Category : Political Science
ISBN : 9789814466639

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China And The Global Economic Crisis by Yongnian Zheng,Sarah Yueting Tong Pdf

The current global financial turmoil, triggered by the US subprime crisis, has spread quickly and resulted in the worst global economic crisis since the 1930s. As the world's third largest economy and the second largest trading nation, China is inevitably affected seriously. How China responds to the crisis and how effective its measures are in sustaining a healthy growth will have important implications, both domestically and internationally.The chapters in this volume are divided into five sections. Section one examines the overall impact of the global economic crisis and the responses of the Chinese government. Section two studies the regional aspect of the economy affected by the crisis. Section three explores such economies of the Mainland's southern neighbors as Hong Kong, Macao and Taiwan, and the prospect of China's trade. Section four surveys the impact on the ideological and social aspects of the country. Section five concludes with an assessment of China's external policies. The volume offers a comprehensive and in-depth assessment of the impact of the crisis and the measures of the Chinese government to overcome the difficulties.

The Impact of the Economic Crisis on East Asia

Author : Daigee Shaw,Bih Jane Liu
Publisher : Edward Elgar Publishing
Page : 233 pages
File Size : 49,5 Mb
Release : 2011-01-01
Category : Business & Economics
ISBN : 9780857931702

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The Impact of the Economic Crisis on East Asia by Daigee Shaw,Bih Jane Liu Pdf

This insightful book explores the economic conditions and policy response of four major East Asian economies in the wake of the 2008 global economic crisis. Written by a distinguished group of Asian social scientists, this study summarizes and synthesizes the economic impacts of the crisis on individual countries and their policy response over the past few years, and in particular carefully scrutinizes the immediate and remote causes of the crisis. It not only offers an assessment of the impacts of the crisis, and identifies specific country measures that can be undertaken to stabilize the situation, but also looks at the crisis from three important economic perspectives: that of a healthy fiscal system, international trade, and the energy market. This insightful research monograph will be gratefully received by academics in economics and development studies as well as public policy think tanks. Government economic planning agencies in emerging countries, as well as international economic organizations and institutions such as World Bank and United Nations will also find plenty of key insights and important information in this path-breaking book.

The Global Financial Crisis and Asia

Author : Masahiro Kawai,Mario B. Lamberte,Yung Chul Park
Publisher : Oxford University Press
Page : 343 pages
File Size : 44,8 Mb
Release : 2012-10-25
Category : Business & Economics
ISBN : 9780199660957

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The Global Financial Crisis and Asia by Masahiro Kawai,Mario B. Lamberte,Yung Chul Park Pdf

This book demonstrates how Asian countries tried to minimize the impact of the global financial crisis, identifies structural weaknesses in their economies, and discusses policy options for strengthening Asian economies to avoid future crises and promote sustainable growth in the long-term.

The Global Economic Crisis

Author : Asean Studies Center
Publisher : Institute of Southeast Asian Studies
Page : 167 pages
File Size : 42,7 Mb
Release : 2010
Category : Business & Economics
ISBN : 9789814279413

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The Global Economic Crisis by Asean Studies Center Pdf

Comprises papers presented at the ASEAN Roundtable of 18 June 2009. Covers issues of social, strategic and political implications, the economy and finance.

The Global Economic Crisis and East Asian Regionalism

Author : Saori Katada
Publisher : Routledge
Page : 120 pages
File Size : 49,5 Mb
Release : 2013-09-13
Category : Social Science
ISBN : 9781135712440

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The Global Economic Crisis and East Asian Regionalism by Saori Katada Pdf

Regional cooperation in East Asia on various issue areas, such as emergency liquidity mechanisms in finance, the exponential growth of free trade agreements and policy coordination on the environment and public health, developed rapidly after the Asian Financial Crisis. A decade later, the global financial crisis offered a new opportunity for the nascent regional cooperation mechanisms to acquire new depth and meaning - this time, however, in a very different context due to the unfaltering rise of China. How have inter-state cooperation mechanisms, which were devised originally to deal with the problems of the past crisis, fared in the recent global economic turbulence? Can regional integration effectively insulate East Asia from the vagaries of the international market? Should East Asian nations heed the call for regionalism or globalism? This volume not only offers one of the first assessments of how the global economic crisis has affected the prospects for regional integration in East Asia, but it also addresses a number of long-standing debates of interest to East Asian specialists, economists and policymakers: Are crises catalysts for revamping developmental models? Do they provide solid foundations for regional solidarity and integration? Can they help catapult countries into the global limelight? This book was originally published as a special issue of The Pacific Review.

The Global Financial Crisis and Asia

Author : Masahiro Kawai,Mario B. Lamberte,Yung Chul Park
Publisher : OUP Oxford
Page : 343 pages
File Size : 45,5 Mb
Release : 2012-10-25
Category : Business & Economics
ISBN : 9780191636738

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The Global Financial Crisis and Asia by Masahiro Kawai,Mario B. Lamberte,Yung Chul Park Pdf

This book aims to identify and analyze the impact of the 2007-09 global financial crisis on Asian economies and to assess the short-term and longer-term policy responses to the crisis in terms of their effectiveness and sustainability. It draws lessons on how best to avoid and/or mitigate future crises and to identify structural policy recommendations that can help guide Asian policymakers to expand the growth potential of domestic and regional demand in coming years, and thereby create a basis for sustainable and inclusive long-term growth. Organized into four parts, it offers an accessible explanation of the causes, consequences, and contagion mechanisms of the crisis. Part 1 provides an overview of the major issues and presents policy recommendations. Part 2 reviews the crisis in the US and its transmission to Europe. Part 3 focuses on the impact on Asia. And Part 4 concludes lessons of the crisis for Asian countries. The volume highlights that Asian economies have already recovered strongly from the global financial crisis, reflecting their aggressive moves to ease monetary and fiscal policy as well as the underlying fundamental strength of their economies. However, the biggest challenge lies ahead. It asserts that, given that it is unlikely that the US and Europe will be engines of global growth, Asian economies should contribute to global economic adjustment by creating their own growth engines.

Asia Beyond the Global Economic Crisis

Author : Satoshi Inomata
Publisher : Edward Elgar Publishing
Page : 225 pages
File Size : 55,9 Mb
Release : 2011-01-01
Category : Business & Economics
ISBN : 9780857930507

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Asia Beyond the Global Economic Crisis by Satoshi Inomata Pdf

The characteristic feature of the recent Global Economic Crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region can be swiftly and extensively transmitted to the rest of the globe. The sudden contraction of world trade and output is a negative outcome of this intertwined global economic system. Based on the method known as international input-output analyses, this book provides a detailed examination of the mechanics of shock transmission by probing the labyrinth of complex supply networks among nations.

The Asian Development Experience

Author : Seiji Naya
Publisher : Unknown
Page : 456 pages
File Size : 55,7 Mb
Release : 2002
Category : Business & Economics
ISBN : UCSD:31822033031485

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The Asian Development Experience by Seiji Naya Pdf

Stressing that now more than ever Asia is a region largely integrated into the global economy, this book details how integration has brought with it many benefits, such as rapid economic growth and openness in trade, investment, and knowledge diffusion. Also explored is how integration has heightened the region's vulnerability to regional and international developments such as the Asian financial crises.

The Political Economy of Asian Regionalism

Author : Giovanni Capannelli,Masahiro Kawai
Publisher : Springer Science & Business Media
Page : 208 pages
File Size : 55,8 Mb
Release : 2014-01-23
Category : Business & Economics
ISBN : 9784431545682

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The Political Economy of Asian Regionalism by Giovanni Capannelli,Masahiro Kawai Pdf

This book contributes to the theoretical and empirical literature on Asian regionalism, with a focus on the innovations needed to reform the current institutional architecture in Asia. After reviewing the key issues and challenges related to the political economy of Asia’s economic cooperation and integration, the book discusses various aspects of regionalism from political and economic perspectives. It looks at the rationale for regional collective action and reviews the trend of economic integration with a focus on the implications of the global financial crisis. In addition to reviewing the key issues related to the development of regional institutions for integration, the book analyzes issues such as trade and finance and deals with the implications of regionalism in terms of the introduction of domestic reforms in Asian countries before discussing the possible formation of a region-wide economic community. The eight chapters of the book are based on respective papers initially prepared for the Asian Development Bank Institute Conference 2010.

Asian Regionalism in the World Economy

Author : Masahiro Kawai,Jong-Wha Lee,Peter A. Petri
Publisher : Edward Elgar Publishing
Page : 541 pages
File Size : 50,6 Mb
Release : 2010-01-01
Category : Political Science
ISBN : 9781849806886

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Asian Regionalism in the World Economy by Masahiro Kawai,Jong-Wha Lee,Peter A. Petri Pdf

The structure and policy architecture of the world economy, as it emerges from the historic challenges now underway, will be affected by the dramatic rise of Asian economies and deepening connections among them. This important book examines the dramatic transformation of the Asian economy, the challenges it faces, emerging regional solutions, and how Asia can play a more constructive role in the global economy. Asia is becoming not just the world's factory, but also its leading creditor, and one of its key sources of dynamism and stability. Key questions are identified and addressed in three areas: Asia's growth and productivity, financial stability, and regional economic integration. In each of these areas, the contributing authors evaluate current trends and the forces shaping the future. They consider whether the regions progress is sustainable and what it will take to make it so. How is Asia reshaping its economy in response to the changing global landscape? More urgently, how can Asia weather the severe, global financial and economic stormoriginating from the global credit crisis? How will it extend its gains to people left behind? And how can it contribute to better governance and greater prosperity in the world economy? This book covers new ground by connecting theory, assembling detailed evidence on trends and challenges, and offering forwardlooking policy prescriptions. This timely book will appeal to Asian economic policymakers as well as postgraduate students interested in Asian economics, international economics and regional integration. Staff of international and regional organizations interested in Asian economics will also find this book invaluable.