The Latecomer S Rise

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The Latecomer's Rise

Author : Muyang Chen
Publisher : Cornell University Press
Page : 156 pages
File Size : 42,7 Mb
Release : 2024-06-15
Category : Political Science
ISBN : 9781501775871

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The Latecomer's Rise by Muyang Chen Pdf

In The Latecomer's Rise, Muyang Chen reveals the nature and impact of a rapidly growing form of international lending: Chinese development finance. Over the past few decades, China has become the world's largest provider of bilateral development finance. Through its two national policy banks, the China Development Bank (CDB) and the Export-Import Bank of China (China Exim), it has funded infrastructure and industrial projects in numerous emerging markets and developing countries. Yet this very surge and magnitude of capital has raised questions about the characteristics of Chinese bilateral lending and its repercussions on the international order. Drawing on a variety of novel Chinese primary sources, including interviews and official bank documents, Chen pinpoints the distinctiveness of Chinese bilateral development finance, explains its origins, and analyzes its effects. She compares Chinese policy banks with their foreign counterparts to show that the CDB and China Exim, while state-supported, are in fact also market-oriented—they are as much government organs as they are profit-driven financial agencies that serve both state and firms' interests. This approach, which emerged out of China's particular economic history, suggests that Chinese overseas lending is not merely a tool of economic statecraft that challenges Western-led economic regimes. Instead, China's responses to extant rules, norms, and practices across given issue areas have varied between contestation and convergence. Rich with empirical detail and penetrating insights, The Latecomer's Rise demystifies the little-known workings of Chinese development finance to revise our conceptions of China's role in the international financial system.

Latecomers in the Global Economy

Author : Michael Storper,Stavros Thomadakis,Lena Tsipouri
Publisher : Routledge
Page : 394 pages
File Size : 47,6 Mb
Release : 2005-06-23
Category : Business & Economics
ISBN : 9781134751976

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Latecomers in the Global Economy by Michael Storper,Stavros Thomadakis,Lena Tsipouri Pdf

Drawing on the example of late-developing countries, especially from East Asia, catching up with established powers, the authors address a new formulation of industrial policy for latecoming, semi-industrialized countries. With contributions from some of the best-known economists currently working in this area, the book will be a valuable guide for economists and international policy-makers interested in development issues.

China's Rise in the World ICT Industry

Author : Lutao Ning
Publisher : Routledge
Page : 323 pages
File Size : 55,8 Mb
Release : 2009-06-04
Category : Business & Economics
ISBN : 9781134016556

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China's Rise in the World ICT Industry by Lutao Ning Pdf

One of the most striking phenomena of China’s remarkable economic growth is that its huge volume of exports are becoming high-tech. China is now the world's largest Information and Communication Technology (ICT) exporter, having overtaken Japan and the European Union in 2003 and the United States in 2004. China's ICT industry is also the largest manufacturing sector within the Chinese economy. This book examines how China has attained this leading position and presents one of the first accounts of China’s ICT development model with specific reference to the experiences of East Asian 'tigers'. It shows how the development of the industry was military-driven before 1978, and how subsequently Chinese policymakers, struggling with domestic market reform and challenged by trade liberalisation and globalisation, managed to push through ICT development strategies. Overall, it discusses the debates between policymakers as to the most appropriate economic development strategy for 'catching-up' and demonstrates how China moved away from the across-the-board protectionist and interventionist industrial policies pursued by many developing countries, but has not wholeheartedly followed the neo-liberal free trade and market polices favoured by the World Bank, WTO and IMF. By doing so, it sheds light on the limitations of China’s strategies moving forward, and identifies policy lessons for other developing countries.

The Challenges of Technology and Economic Catch-Up in Emerging Economies

Author : Jeong-Dong Lee,Keun Lee,Dirk Meissner,Slavo Radosevic,Nicholas Vonortas
Publisher : Oxford University Press
Page : 517 pages
File Size : 54,7 Mb
Release : 2021
Category : Business & Economics
ISBN : 9780192896049

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The Challenges of Technology and Economic Catch-Up in Emerging Economies by Jeong-Dong Lee,Keun Lee,Dirk Meissner,Slavo Radosevic,Nicholas Vonortas Pdf

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Innovation is a pivotal driving force behind economic growth. Technological capability deepens and diversifies industrial activity, which fundamentally enhances growth potential. Consequently, failure to build effective technological capability can lead to slow long-term economic growth. This book synthesizes and interprets existing knowledge on technology upgrading failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together diverse evidence on three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading, and the issues of technology transfer and technology upgrading. Knowledge on these three dimensions is synthesized at the firm, sector, and macro levels across different countries and world macroregions. Compared to the challenges and uncertainties facing emerging economies, our understanding of technology upgrading is sparse, unsystematic, and scattered. The recent growth slowdown in many emerging economies, often known as the middle-income trap, has reinforced the importance of understanding the technology upgrading challenges they experience. While our understanding of these issues from the 1980s and 1990s is relatively more systematised, the more recent changes that took place during the globalization and proliferation of global value chains, and the effects of the 2008 financial crisis, have not been explored and compared synthetically. The current effects of COVID-19, geopolitical struggles, and the growing concern around environmental sustainability add significant complexity to an already problematic situation. The time is ripe to take stock of our existing knowledge on processes of technology upgrading in emerging economies and make further inroads in research on this crucial issue.

The Economic Rise of East Asia

Author : Linda Glawe,Helmut Wagner
Publisher : Springer Nature
Page : 356 pages
File Size : 43,5 Mb
Release : 2022-01-01
Category : Business & Economics
ISBN : 9783030871284

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The Economic Rise of East Asia by Linda Glawe,Helmut Wagner Pdf

In light of the growing global economic importance of East Asia, this book analyzes and compares the extraordinary development paths and strategies of Japan, South Korea, and China. It examines both the factors that enabled these countries’ prolonged periods of high-speed economic growth, and the reasons for their subsequent “cool-downs.” In addition, the book illustrates how their development strategies served as role models for one another, and what current and future developing countries can learn from the East Asian success stories. This book will appeal to scholars and students of economics and development studies with an interest in the East Asian development model.

Innovation–Development Detours for Latecomers

Author : Keun Lee
Publisher : Cambridge University Press
Page : 305 pages
File Size : 43,9 Mb
Release : 2024-02-29
Category : Business & Economics
ISBN : 9781009456227

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Innovation–Development Detours for Latecomers by Keun Lee Pdf

Many developing countries still face difficulties initiating and sustaining economic development. Such difficulties have been exacerbated by the COVID-19 pandemic, resulting in an increasing divergence between rich and poor countries. One crucial question is whether to follow the trajectories of present-day rich countries or seek out different, new trajectories. Although this is a fundamental question, scholars offering mainstream prescriptions have not sufficiently explored it. Drawing on extensive empirical studies of firms and industries, Innovation and Development Detours for Latecomers proposes an effective alternative to prevailing development thinking. It presents a rich menu of development pathways, including a new role for Schumpeterian states whereby they do not follow the paths of technological development already taken by advanced countries. Rather, they can skip certain stages and even create their own detours thereby leapfrogging advanced countries in both manufacturing and service sectors. This title is also available as Open Access on Cambridge Core.

Leverage of the Weak

Author : Hwa-Jen Liu
Publisher : U of Minnesota Press
Page : 234 pages
File Size : 48,8 Mb
Release : 2015-07-21
Category : Social Science
ISBN : 9781452944777

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Leverage of the Weak by Hwa-Jen Liu Pdf

Comparing Taiwan and South Korea strategically, Hwa-Jen Liu seeks an answer to a deceptively simple question: Why do social movements appear at different times in a nation’s development? Despite their apparent resemblance—a colonial heritage, authoritarian rule, rapid industrialization, and structural similarities—Taiwan and South Korea were opposites in their experiences with two key social movements. South Korea followed a conventional capitalist route: labor movements challenged the system long before environmental movements did. In Taiwan, pro-environment struggles gained strength before labor activism. Liu argues that part of the explanation lies in an analysis of how movements advance their causes by utilizing different types of power. Whereas labor movements have the power of economic leverage, environmental movements depend on the power of ideology. Therefore, examining material factors versus ideational factors is crucial to understanding the successes (or failures) of social movements. Leverage of the Weak is a significant contribution to the literature on social movements, to the study of East Asian political economies, and to the progress of the comparative-historical method. It enhances knowledge of movement emergence, investigates the possibilities and obstacles involved in forging labor–environment alliances, and offers the first systematic, multilayered comparisons across movements and nations in East Asia.

Economic and Social Transformation in China

Author : Angang Hu
Publisher : Routledge
Page : 296 pages
File Size : 45,7 Mb
Release : 2006-11-22
Category : Business & Economics
ISBN : 9781134179244

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Economic and Social Transformation in China by Angang Hu Pdf

Now, for the first time, a set of influential research papers from the Center for China Studies have been put together in book form and in English, giving fascinating insights into Chinese economics and society.

The Art of Economic Catch-Up

Author : Keun Lee
Publisher : Cambridge University Press
Page : 305 pages
File Size : 48,8 Mb
Release : 2019-05-16
Category : Business & Economics
ISBN : 9781108472876

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The Art of Economic Catch-Up by Keun Lee Pdf

A highly original book that provides policy solutions for development challenges, framing them with insightful and inventive allegories.

The Economics of the Latecomers

Author : Jang-Sup Shin
Publisher : Routledge
Page : 232 pages
File Size : 45,7 Mb
Release : 2013-05-13
Category : Business & Economics
ISBN : 9781134685653

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The Economics of the Latecomers by Jang-Sup Shin Pdf

This book examines the spectacularly successful economies of East Asia, Japan and South Korea. The comparison of the 'catching-up' process in Japan and South Korea includes studies of the iron and steel and semi-conductor industries. The author shows the difficulties involved in trying to detect general patterns of development, as both countries appear to respond to different technological imperatives. As a result general models of development should be treated with caution, given the need to consider different historical and institutional contexts.

The Rise of "The Rest"

Author : Alice H. Amsden
Publisher : Oxford University Press
Page : 416 pages
File Size : 48,5 Mb
Release : 2001-01-18
Category : Business & Economics
ISBN : 9780199881529

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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.

Converging Europe

Author : Ipek Eren Vural
Publisher : Routledge
Page : 305 pages
File Size : 53,5 Mb
Release : 2016-05-13
Category : Political Science
ISBN : 9781317159933

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Converging Europe by Ipek Eren Vural Pdf

'Converging Europe' evaluates the impact of European integration on social policy development since the launch and re-launch of the Lisbon strategy discussing the challenges posed by the still unfolding global economic crisis of 2007-2009. Given the unsettling economic conditions, does European coordination of social policies generate more social cohesion and integration or growing xenophobia, nationalism and exclusion? Informed by diverse theoretical perspectives, this book brings together a team of international experts working on an extensive range of policy issues central to the Lisbon agenda such as labour market policies, social protection systems, and social exclusion/poverty. Contributions assess the interfaces between European integration, the Lisbon strategy and social policy in three groups of countries related to the EU: old member states; the new member states; and a candidate country - Turkey. The richness of content and data allows rigorous analysis and critical comparative insights not only on the social outcomes of the Lisbon strategy but also more broadly on the dynamics and dimensions of European social policy. Pioneering the scholarly reflections on the repercussions of the global economic crisis of 2007-2009 for both the road map drawn at Lisbon and viability of national systems of social provision in Europe, this book is an important acquisition for policy makers and academics alike.

Redefining Capitalism in Global Economic Development

Author : Kui-Wai Li
Publisher : Academic Press
Page : 476 pages
File Size : 48,8 Mb
Release : 2017-06-07
Category : Business & Economics
ISBN : 9780128041970

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Redefining Capitalism in Global Economic Development by Kui-Wai Li Pdf

Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and countries with large trade surpluses. The book illuminates these economic implications and consequences through a framework of capitalist ideologies and concepts, recognizing that Asia is redefining capitalism today. The author, Li, seeks not to describe why nations fail, but how the sustainability of capitalism can save the world. Merges capitalist theory with global events, as few books do Emphasizes ways to interpret capitalist ideas in light of current global affairs Reframes capitalism via economics, supported by insights from political science, sociology, international relations and peace studies

China’s Open-up Strategy (1978–2018)

Author : Honghua Men
Publisher : Springer Nature
Page : 263 pages
File Size : 48,7 Mb
Release : 2020-03-23
Category : Political Science
ISBN : 9789811540479

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China’s Open-up Strategy (1978–2018) by Honghua Men Pdf

This book is devoted to go beyond the traditional contests and traditional theoretical framework to a new combination of domestic, regional, global visions of China’s Opening-up. It will be regarded as a research agenda based upon China's domestic strategy and international strategy and is committed to building China's open, scientific and complete national strategic system. Its main content are: Aiming to realize the great Chinese national rejuvenation, outline China's strategic thinking of opening to the world, sort out the strategic course of China's opening up, explore the strategic path of China's opening up, evaluate the strategic effects of China's opening up, and promote China's strategic innovations of opening up.

China’s Challenges and International Order Transition

Author : Huiyun Feng,Kai He
Publisher : University of Michigan Press
Page : 331 pages
File Size : 41,7 Mb
Release : 2020-02-19
Category : Political Science
ISBN : 9780472131761

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China’s Challenges and International Order Transition by Huiyun Feng,Kai He Pdf

China’s Challenges and International Order Transition introduces an integrated conceptual framework of “international order” categorized by three levels (power, rules, and norms) and three issue-areas (security, political, and economic). Each contributor engages one or more of these analytical dimensions to examine two questions: (1) Has China already challenged this dimension of international order? (2) How will China challenge this dimension of international order in the future? The contested views and perspectives in this volume suggest it is too simple to assume an inevitable conflict between China and the outside world. With different strategies to challenge or reform the many dimensions of international order, China’s role is not a one-way street. It is an interactive process in which the world may change China as much as China may change the world. The aim of the book is to broaden the debate beyond the “Thucydides Trap” perspective currently popular in the West. Rather than offering a single argument, this volume offers a platform for scholars, especially Chinese scholars vs. Western scholars, to exchange and debate their different views and perspectives on China and the potential transition of international order.