Download or read book Asia s Flying Geese written by Walter F. Hatch and published by Cornell University Press. This book was released on 2011-03-15 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Asia's Flying Geese, Walter F. Hatch tackles the puzzle of Japan's paradoxically slow change during the economic crisis it faced in the 1990s. Why didn't the purportedly unstoppable pressures of globalization force a rapid and radical shift in Japan's business model? In a book with lessons for the larger debate about globalization and its impact on national economies, Hatch shows how Japanese political and economic elites delayed—but could not in the end forestall—the transformation of their distinctive brand of capitalism by trying to extend it to the rest of Asia.For most of the 1990s, the region grew rapidly as an increasingly integrated but hierarchical group of economies. Japanese diplomats and economists came to call them "flying geese." The "lead goose" or most developed economy, Japan, supplied the capital, technology, and even developmental norms to second-tier "geese" such as Singapore and South Korea, which themselves traded with Thailand, Malaysia, and the Philippines, and so on down the V-shaped line to Indonesia and coastal China. Japan's model of capitalism, which Hatch calls "relationalism," was thus fortified, even as it became increasingly outdated. Japanese elites enjoyed enormous benefits from their leadership in the region as long as the flock found ready markets for their products in the West.The decade following the collapse of Japan's real estate and stock markets would, however, see two developments that ultimately eroded the country's economic dominance. The Asian economic crisis in the late 1990s destabilized many of the surrounding economies upon which Japan had in some measure depended, and the People's Republic of China gained new prominence on the global scene as an economic dynamo. These changes, Hatch concludes, have forced real transformation in Japan's corporate governance, its domestic politics, and in its ongoing relations with its neighbors.
Download or read book The Rise of Asia written by Terutomo Ozawa and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Terutomo Ozawa introduces a newly reformulated theory of 'flying-geese' economic development, exploring Asia's dynamic growth and financial development. This unique book shows how the flying-geese theory can be expanded and applied to both the real- and the financial-sector structural transformation of regionally clustered economies. The author explores an array of concepts - from the ladder of economic development and hegemon-led growth clustering, through 'stages jumbling', to comparative advantage recycling and the Ricardo-Hicksian limits of industrialism - which together help bring an understanding of the dynamics of tandem growth and regional agglomeration in Asia. The book also investigates the causal mechanisms of structural upgrading and emphasizes the critical role of multinational corporations. Throughout this wide-reaching analysis, Terutomo Ozawa advocates a 'flying-geese' way of thinking--that is, to think of Asia's phenomenal growth in hierarchical, dialectical, and evolutionary terms. In a new era of rapid globalization and rising economic nationalism, this timely and insightful book will appeal strongly to scholars and students of international business, economics, political science, and international relations. Those specializing on Asia will find it of particular value.
Download or read book Asia s Flying Geese written by Walter F. Hatch and published by Cornell University Press. This book was released on 2011-01-15 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Asia's Flying Geese, Walter F. Hatch tackles the puzzle of Japan's paradoxically slow change during the economic crisis it faced in the 1990s. Why didn't the purportedly unstoppable pressures of globalization force a rapid and radical shift in Japan's business model? In a book with lessons for the larger debate about globalization and its impact on national economies, Hatch shows how Japanese political and economic elites delayed—but could not in the end forestall—the transformation of their distinctive brand of capitalism by trying to extend it to the rest of Asia. For most of the 1990s, the region grew rapidly as an increasingly integrated but hierarchical group of economies. Japanese diplomats and economists came to call them "flying geese." The "lead goose" or most developed economy, Japan, supplied the capital, technology, and even developmental norms to second-tier "geese" such as Singapore and South Korea, which themselves traded with Thailand, Malaysia, and the Philippines, and so on down the V-shaped line to Indonesia and coastal China. Japan's model of capitalism, which Hatch calls "relationalism," was thus fortified, even as it became increasingly outdated. Japanese elites enjoyed enormous benefits from their leadership in the region as long as the flock found ready markets for their products in the West. The decade following the collapse of Japan's real estate and stock markets would, however, see two developments that ultimately eroded the country's economic dominance. The Asian economic crisis in the late 1990s destabilized many of the surrounding economies upon which Japan had in some measure depended, and the People's Republic of China gained new prominence on the global scene as an economic dynamo. These changes, Hatch concludes, have forced real transformation in Japan's corporate governance, its domestic politics, and in its ongoing relations with its neighbors.
Download or read book East Asia s Reemergence written by Philip S. Golub and published by John Wiley & Sons. This book was released on 2016-03-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia has re-emerged after a long eclipse as a centre of world wealth creation and growth. Over the past four decades the region’s share of world GDP has risen from less than 10 to 30 percent, a ratio that is set to rise to 40 percent by 2030. What has made East Asia’s remarkable ascent possible, and what does this economic rebalancing between East and West mean for world politics? In this insightful and provocative book, Philip Golub addresses these questions, tracing the region’s rise from the early modern European-Asian encounter to the imperial confrontations of the nineteenth century, and China’s state capitalist turn in the latter half of the twentieth century. Together, he argues, the dynamics of imperialism, war and revolution led to the constitution of developmental states that made possible East Asia’s return to a central position in the global economy. Combining rich historical narrative and social theory, this book is an invaluable guide to one of the core issues in world politics today.
Download or read book Towards a Sustainable Asia written by Association of Academies of Sciences in Asia and published by Springer Science & Business Media. This book was released on 2012-01-12 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This series of books are the output of the research project called "Sustainable Development in Asia (SDA)", which was initiated by the Association of Academies of Sciences in Asia (AASA). They are comprised of one synthesis report, which entitled "Towards a Sustainable Asia: Green Transition and Innovation", and four thematic reports on natural resources, energy, the environment and climate change, and culture from particular perspectives of agriculture. They aim to: 1) investigate common sustainability issues faced by all Asian countries, including population increase, poverty alleviation, pollution control, ecological restoration, as well as regional problems, such as water shortage in West and Central Asia, energy security in Northeast Asia, development model & transformation in East Asia; 2) analyze and summarize of best practices towards sustainable development in Asia; 3) bring forward suggestions and policy options for promoting green transition, system innovation and sustainable development of Asia. With best practice guidelines for a sustainable Asia, this series of reports, for the first time systematically address the common challenges and regional problems in regard to Asia’s natural resources use, pollution reduction and climate protection, sustainable energy development, and innovations for environment-friendly and culture-compatible agriculture. They will provide handy and useful information to researchers, government policy makers and the general public who have concerns about Asia’s sustainable development. AASA is a scientific and technological organization in Asia, established in 2000, comprising of 26 member academies all over Asia. Its vision is to provide a forum for the discussion of all issues relevant to science and technology development and its application on national level within Asia.
Download or read book Institutional Balancing in the Asia Pacific written by Kai He and published by Taylor & Francis US. This book was released on 2009 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the strategic interactions among China, the United States, Japan, and Southeast Asian States in the context of China’s rise and globalization after the cold war. Engaging the mainstream theoretical debates in international relations, the author introduces a new theoretical framework—institutional realism—to explain the institutionalization of world politics in the Asia-Pacific after the cold war. Institutional realism suggests that deepening economic interdependence creates a condition under which states are more likely to conduct a new balancing strategy—institutional balancing, i.e., countering pressures or threats through initiating, utilizing, and dominating multilateral institutions—to pursue security under anarchy. To test the validity of institutional realism, Kai He examines the foreign policies of the U.S., Japan, the ASEAN states, and China toward four major multilateral institutions, Asia-Pacific Economic Cooperation (APEC), the Association of Southeast Asian Nations (ASEAN) Regional Forum (ARF), ASEAN Plus Three (APT), and East Asian Summit (EAS). Challenging the popular pessimistic view regarding China’s rise, the book concludes that economic interdependence and structural constraints may well soften the "dragon’s teeth." China’s rise does not mean a dark future for the region. Institutional Balancing in the Asia Pacificwill be of great interest to policy makers and scholars of Asian security, international relations, Chinese foreign policy, and U.S. foreign policy.
Download or read book Designing Integrated Industrial Policies Volume I written by Shigeru Thomas Otsubo and published by Routledge. This book was released on 2020-12-01 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive reference work gives an overview of the industrial development and current state of industrialization and deindustrialization in Asia, specifically Southeast Asia and China. It introduces typologies of industrial policies and discusses the manufacturing sector and its evolving role in the region. Designing Integrated Industrial Policies examines the integration of SMEs in global value chains and provides macro-econometric and firm-based micro-econometric analyses of (de)industrialization. This book will be a very useful reference particularly as a how-to guide on industrial promotion and designing integrated industrial policies not only for economic growth and job creation but also for "inclusive" development. It presents country cases and illustrates useful tools for industrial policy simulation and for evidence-based policy making through these concrete examples.
Download or read book Designing Integrated Industrial Policies Volume II written by Shigeru Thomas Otsubo and published by Routledge. This book was released on 2020-12-01 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Very little has been written on industrialization and deindustrialization in Asia and Africa. This reference work sheds illuminating light upon the industrial development in Asia and Africa. It also provides an in-depth look into China’s engagement and migrant labour in Africa. The book also addresses the roles of public-private partnership (PPP) and international development cooperation and how they are fundamental to industrialization in Asia and Africa. Designing Integrated Industrial Policies will be a very useful reference particularly as a how-to guide on industrial promotion and designing integrated industrial policies not only for economic growth and job creation but also for "inclusive" development. It comes with country cases and illustrates useful tools for industrial policy simulation and for evidence-based policy making through these concrete examples.
Download or read book Finance in Asia written by Qiao Liu and published by Routledge. This book was released on 2013-03-12 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia’s demand for second-generation financial institutions and markets needs to be met in order for the region’s further development to be sustained. This book provides a compelling, fact-based assessment of current practices and regulations in Asia’s financial institutions and markets and carefully documents the exciting opportunities and challenges that lie ahead in the region’s financial systems. This book differs in design from typical treatments of financial institutions and markets because its focus is on Asia rather than using the US model (in terms of market configurations or products) as a benchmark, and its takes a contemporary and forward-looking view of financial markets. Examples of practice from Asia are used to illustrate major accepted themes in finance and financial regulation. To the extent that Asia’s main economies share characteristics that are distinct, for example, in the relationship between government and the banking sector, or in aspects of corporate governance, the book will discuss the consequences for market operation and intermediation. The book’s carefully structured facts and rigorously argued analysis carry important implications both for students in business and law and for professionals new to financial markets in Asia. It will change the way that Asian financial markets and institutions is taught in universities as well as provide a valuable resource for professionals working in finance in Asia.
Download or read book Order of East Asia written by Honghua Men and published by Springer Nature. This book was released on 2020-06-05 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the past, present and future of East Asian order, and analyzes how China, Japan, the U.S and ASEAN play important roles in the transformation of East Asian order, and discusses the new logic of regional order formation in the era of globalization and regional integration. The book analyzes China’s relationship with East Asian order, great powers and regional institutions involved, especially bilateral relations between China and Japan, China and the U.S., China and ASEAN, and explores how China could improve its regional strategy. Addressing a hot topic in world politics from the angle of regional order, and using methods such as historical analysis, comparative analysis, quantitative analysis and case study, this readable book enables readers to develop an understanding of the history and status quo of East Asia and China’s role in the region.
Download or read book Social Change in South East Asia written by Jacques Hersh and published by Routledge. This book was released on 2018-10-08 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive and in-depth examination of the ongoing process of development and societal transformation in a dynamic region of the Third World. Written by a team of specialists from the fields of development studies, sociology and political economy, the book looks at some of the fundamental problems facing South East Asia by addressing the following issues: the social constellations; class, culture and political legitimation; and industrialisation and labour regulation.
Download or read book Economic Cooperation and Integration in Northeast Asia written by Sung-Jo Park and published by LIT Verlag Münster. This book was released on 2006 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 80's the countries of Asia-Pacific had first experienced 'economic miracles'. Then after a short period of stagnation and retrenchment in the 90's, the economic prosperity is again in full swing from the beginning of the 21st century. The major driving force behind this is the rapidly growing economic and technical cooperation among countries (China, Japan, South Korea and Southeast Asian countries) in the region, attributable to liberalization of trade and Free Trade Agreements efforts which is expected to lead to the establishment of a common market like EU. This book is the most comprehensive compendium of expertise about the current economic exchanges and chances of a common market in the Asia-Pacific realm and their perspectives substantiated by case studies.
Download or read book OECD Territorial Reviews Trans border Urban Co operation in the Pan Yellow Sea Region 2009 written by OECD and published by OECD Publishing. This book was released on 2009-12-01 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the Pan Yellow Sea Region (PYSR)'s trans-border governance system, which has emerged since the 1990s as a key regional policy agenda.
Download or read book The Evolution of the Asian Developmental State written by J. J. Woo and published by Routledge. This book was released on 2018-09-03 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many East Asian states have undergone profound economic transformations over the last two decades. Singapore and Hong Kong especially have adapted to shifting economic and technological conditions by transforming themselves into ‘smart developmental states’. In these cities, the proliferation of digital technologies has given rise to new growth sectors and opened up new areas of political contestation within these early proponents of the developmental state model. Providing a theoretical and empirical discussion of the Asian developmental state model, the book assesses the evolution of the developmental state model, considers recent developments in the field and evaluates the development state’s continued relevance as a conceptual framework for understanding the politics of economic development. Focusing on digital and technology-enabled economic activities in Hong Kong and Singapore, the author explores the various policies that allow developmental states to stimulate economic growth, ensure organizational coherence, and engage businesses and other stakeholders. This book will be of interest to scholars and researchers of political economy and economic development in Asia as well as business professionals and other practitioners.
Download or read book East Asia Globalization and the New Economy written by F. Gerard Adams and published by Routledge. This book was released on 2006-10-03 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a recognized expert in the area of business economics, this book analyzes the effect of the IT revolution, globalization and the 'new economy' on the development of East Asia.
Download or read book The Dragon and the Flying Geese The Effects of the Emergence of China on Patterns of Growth and Development in Asia written by Patrick Avato and published by GRIN Verlag. This book was released on 2007-07 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2006 in the subject Economics - International Economic Relations, grade: A+, Johns Hopkins University (School of Advanced International Studies (SAIS), ), course: Asian Economic Dynamics, 31 entries in the bibliography, language: English, abstract: For the past 30 years, Asian economies have been the world's envy as they have surpassed practically every other region in terms exports and economic growth. The remarkable development of various Asian countries has drawn millions of people out of poverty and created some of the wealthiest and most competitive economies in the world. Much of this success has been attributed to a distinctly Asian development model that combines high work ethics with an exceptional emphasis on savings and high rates of investment in both infrastructure and human capital. Moreover, the Asian Miracle was also facilitated by the extraordinary complementarily of resources, stages of development and policies of Asian countries. This complementarily made possible a pattern of development known as the Flying Geese model, in which capital, technologies and know-how trickled down, first from Japan to the Tiger economies (Taiwan, Korea, Singapore and Hong Kong) and then to the Aspirant Tigers of Southeast Asia (Thailand, Malaysia, Indonesia and the Philippines), fostering economic development throughout the region. During the 1990s, however, this picture changed abruptly. First, a real estate and equity bubble developed in Japan, the bursting of which dragged Japan into a decade long economic crisis. Second, China emerged as a major player in the world economy as her strategy of opening up to FDI and redirecting economic activity towards exports began to pay off. In the following paper, I analyze how the spectacular rise of China has affected the patterns of Asian economic dynamics since the early 1990s. In particular, I focus on the question weather the win-win situation of economic complementarily of the past has given w
Download or read book The Chinese and Indian Corporate Economies written by Raj Brown and published by Taylor & Francis. This book was released on 2017-02-03 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a compelling analysis of the corporate economies of China and India, which are having a huge impact not just on the international economy, but also in the geopolitical and international strategy sphere as a result of an accelerated globalisation by these two countries, which is unleashing powerful economic challenges to corporate structures, economic institutions and law worldwide. The big question is how after centuries of underdevelopment China and now India are emerging powerfully and pulling ahead of Western European economies. Analysing the role of the state and the adroit use of law, and their impact on the corporate evolution of both China and India, provides greater clarity and insight into why China has evolved as a manufacturing nation utilizing cheap abundant labour while India has not exploited such advantages but instead focused on IT and higher value industries, even abroad as Tata has demonstrated in the motor industry in Europe. Again while Chinese corporations have expanded abroad as an arm of the state into Asia, Middle East, Africa, Europe, Latin America and parts of the southern states of the USA, India has pushed principally into Europe through the efforts of powerful minority capitalists of Parsi and Gujerati background, overcoming technological gaps and differences through acquisitions and absorptions of existing corporations in particular industries, especially in steel, automobiles and textiles. In China, state owned corporations have been dominant. In India, though state owned enterprises have been powerful since 1951, it has been private capitalists with an established stronghold since the colonial period and even under the Socialist period from 1951-1991 who have been the more productive main actors both in India and abroad.
