Download or read book Export Instability Investment and Economic Growth in Asian Countries written by Dipendra Sinha and published by . This book was released on 1999 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Instability of Export Earnings and Its Impact on Domestic Investment and Economic Growth written by Peter Damian Lena and published by . This book was released on 1989 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Multinationals and Economic Growth in East Asia written by Shujiro Urata and published by Routledge. This book was released on 2006-11-22 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing countries in East Asia recorded remarkable economic growth until the Asian financial crisis erupted in mid-1997. Although several countries experienced devastating setbacks, most of them recovered to achieve reasonable rates of economic growth over the next few years. Sound macroeconomic management, export-oriented policies, and the availability of skilled and low-wage labour are among the factors that contributed to the rapid economic growth before the crisis and the recovery thereafter. Especially noteworthy in this regard is the role played by foreign direct investment (FDI). This comprehensive book identifies the factors that contributed to the expansion of FDI inflows in East Asia and the factors that enabled recipient countries to utilize FDI effectively. It includes detailed case studies on China, South Korea, Taiwan, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Also included is a comparative study of investing firms headquartered in the United States, Japan and Hong Kong. The authors conclude that social stability, clear and effective policy implementation and corporate governance are all key factors in reaping economic success from FDI.
Download or read book Foreign Trade and Investment written by Walter Galenson and published by . This book was released on 1985 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade, investment, economic growth, newly industrializing country, Hong Kong, Singapore, Korea R and Taiwan, China - export, foreign investment, industrialization, employment, labour market, income distribution. Graph, references, statistical tables.
Download or read book The Future of Asian Trade and Growth written by Linda Yueh and published by Routledge. This book was released on 2009-12-16 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive analysis of current trends of trade and economic growth in Asia, assessing how they are likely to develop in the future. It examines the evolving patterns of Asian economic development with the emergence of China, including since China’s accession to the World Trade Organisation (WTO) in 2001. It is written by experts specialising in economic growth and regional and global trade/investment issues, alongside country specialists who have examined the development path of Asian economies. It discusses the significance of a export-oriented growth strategy on the Asian region, and the likely patterns of intra-regional specialisation given China’s rise. The book examines the degree to which the remarkable growth of China is likely to affect other Asian countries in terms of global market share, and growth prospects. The book explores how the rise of intra-industry trade is affecting patterns of specialisation in the region, and appraises the role of multinational corporations and foreign direct investment. Informed by the latest empirical economic thinking, this book is a rigorous examination of the influence of an emerging economic superpower, and the future for economic growth in Asia. Readers interested in the implications of the rise of China, the effect on the economic development path of the most successful developing nations of our time and the lessons to be heeded from China’s integration with the global economy will find this a thorough yet accessible account of the influence of an emerging economic superpower.
Download or read book Trade Investment and Economic Development in Asia written by Debashis Chakraborty and published by Routledge. This book was released on 2016-05-26 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an era of globalization, trade in goods and cross-border services and capital flows play a key role in determining the economic growth path of countries. Over the last two decades, countries have embarked on several alternate tracks to liberalize and deepen their linkage with the world economy. The growing trade-investment nexus and the emerging developments lead to deeper international production networks, rise in cross-border trade in services and in regional trade agreements and so on. The debate of whether it is possible to empirically validate the potential benefits of this deepening trade-investment linkage is ongoing. The evidence in literature is, however, ambiguous. This book contributes to the literature by looking at Asian economies and at the EU, Maghreb countries and Pacific Island economics. It examines the issues under four broad areas, namely: (1) trade: theoretical and policy issues, (2) factor flows: impact on trade and welfare, (3) impact of trade and factor flows on environment and (4) institutions, international trade and policy issues.
Download or read book Trade and Capital Flow among Asian Economies written by Chris Rowley and published by Routledge. This book was released on 2013-10-18 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade and capital are important in the Asia region. Trade in the APEC region has been increasing, but the large rise in China’s exports has also been disturbing as it exhibits export substitution. The first two papers conclude that every economy has gained in trade, though some are more successful than others. And that rise in export has a lot to do with a rise in foreign direct investments. Macroeconomic stability is the pre-condition to growth. Empirical studies show that the lack of stability has encouraged capital to flee an economy. Similarly, a market-oriented, price-driven and matured financial market provides an alternative source of funding. The lesson in economic development is that success in economic growth requires both an externally friendly market environment as well as consistent and favourable internal policies.
Download or read book The Economic and Political Growth Pattern of AsiaPacific written by Lloyd R. Vasey and published by Institute of Southeast Asian. This book was released on 1977 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers and proceedings of a a conference organized by the Institute and the Pacific Forum, Honolulu, on 7-10 July 1976. Contents include papers submitted by international bankers and other specialists under the following chapter headings: The Emerging Politico-Economic Setting, New Economic Patterns and Trends, Foreign Investment and the New Environment, The Emerging Non-Market Economies in Asia - China and Vietnam: Their Potential Impact on the Region. Additionally, Committee Reports - on the The Political Outlook and its Impact on Economic Progress, Emerging Economic Patterns and Policies and the Impact on Economic Development, and Investment Policies and Proposals - and two Conference Background Papers on 'Perceptions of Future Stability in Asia-Pacific' and 'Asia-Pacific and the Emerging Economic Order' are included. Contains a list of participants and a transcript of discussion sessions.
Download or read book The Dragon and the Flying Geese 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 Industrialization and Economic Diversification written by Banji Oyelaran-Oyeyinka and published by Routledge. This book was released on 2022-04-14 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic diversification entails a shift away from a single income source toward multiple income sources from an increasing spectrum of sectors and markets. A persistent concern for some Asian and African economies is their reliance on commodity exports and how they are exposed to the risk of export volatility and income instability. The Covid-19 pandemic and previous oil crashes have demonstrated the adverse impact on such economies. This book provides a systemic analysis of sustainable economic development through economic diversification. The book analyzes diversification and development experiences from comparative perspectives of Asia and Africa. It also investigates determinants of export diversification differentiated by commodities-dependence versus manufactured products and looks at the roles of various institutions and governance of institutions in export diversification. This book will provide policy insights into how different degrees of specialisation in exports across countries have affected outcomes in terms of living standards, economic growth and employment.
Download or read book Explaining Economic Growth written by David Lim and published by Edward Elgar Publishing. This book was released on 1996 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on data from 1950 to 1990 in newly industrializing and other Asian countries, proposes an operational framework to identify policy changes needed to produce broader economic growth.
Download or read book The Dangers of Export Pessimism written by Helen Hughes and published by . This book was released on 1992 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Asian Development written by William E. James and published by . This book was released on 1989 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investment Stagnation in East Asia and Policy Implications for Sustainable Growth written by Hak-kil Pʻyo and published by . This book was released on 2006 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Download or read book The Global Trade Slowdown and Its Implications for Emerging Asia written by Board of Governors of the Federal Reserv and published by Createspace Independent Publishing Platform. This book was released on 2016-11-18 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy is at a critical juncture today. According to the International Monetary Fund's latest World Economic Outlook, global gross domestic product (GDP) is set to grow at only 3.1 percent this year, the lowest rate of growth since the Global Financial Crisis. Investment and productivity remain subdued, despite extremely low and even negative interest rates in many economies. One key aspect of global weakness that is of particular relevance to emerging Asian economies is the sharp slowdown in global trade. This slowdown represents a notable departure from the "normal" times of the past few decades, and is the subject of my remarks today.
Download or read book Exports Inflation and Growth written by Thorvaldur Gylfason and published by International Monetary Fund. This book was released on 1997-09-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper identifies some of the main determinants of exports and economic growth in cross-sectional data from the World Bank, covering 160 countries in the period 1985-1994. First, the linkages between the propensity to export and population, per capita income, agriculture, primary exports, and inflation are studied by statistical methods. Then, the relationship between economic growth and some of the above-mentioned determinants of exports and investment are scrutinized the same way. The main conclusion is that, in the period under review, high inflation and an abundance of natural resources tended to be associated with low exports and slow growth.
