Download or read book Growth determinants in East and Southeast Asian economies written by Hans-Jacob Krümmel and published by Duncker & Humblot. This book was released on 2022 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Already in the 1960s the four little dragons Hong Kong, Singapore, South Korea and Taiwan started their industrialization moving steadily upwards with increasing growth rates, some of them double-digit in the 1980s. Most significant for these results has been their export-oriented growth strategy capitalizing on low labour costs and opening them up to the world market with all its benefits and pressures. Until today they have attracted quite a lot of foreign investors bringing technology and skills beside the pure capital. Thus, all four countries have reached a more sophisticated level of production and partly even developed into service and financial centres.Combining these developments with the already advanced Japan, the entire Asia-Pacific Region must be seen as an extremely dynamic area often also mentioned as the Pacific Challenge. Thus it is of high interest to examine the determinants of growth behind this challenge, behind the economic success.Because of the specific Asian dimension of the success, especially the Asian mentality, a transfer of the growth strategy can only be possible to a very limited degree. But the Asian experiences can at least be helpful to the formulation of a country related development strategy showing up generally important growth factors.The contributors to this book analyze important factors such as development planning, foreign investment, deregulation, government intervention, human capital, finance and banking (service sector), technology transfer and promotion, trade (export promotion), agriculture and regional cooperation. For this purpose experts in Science and Economics report from their experiences.
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 written by and published by . This book was released on 1995 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Conflict Among Nations written by Thomas R. Howell and published by Routledge. This book was released on 2019-03-04 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a study of the trade objectives and strategies of Japan, Germany, South Korea, Taiwan, Brazil and the European Community, and of the implications of the policies for both the US and the international trading system of the 1990s.
Download or read book Industry Policy in Taiwan and Korea in the 1980s written by Heather Smith and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.
Download or read book China s Grand Strategy written by Andrew Scobell and published by Rand Corporation. This book was released on 2020-07-27 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.
Download or read book The Role of the State in Development Processes written by Claude Auroi and published by Routledge. This book was released on 2013-10-23 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1992. Bringing together papers from analysts from every continent, edited by Claude Auroi, this collection offers insight into the state's role and the challenges in researching its development. The authors recognise the concerns among young nations focused on which type of state system would lead to an organised nation while acknowledging the two major symbols of discussion in the Western type of state and the Marxist state. They argue points of commonality and thus analyse the qualifying adjective of 'state' to suggest patterns and future discernments.
Download or read book The Passing of Remoteness written by Meheroo Jussawalla and published by Institute of Southeast Asian Studies. This book was released on 1986 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at a workshop called: Information Revolution in Asia-Pacific sponsored by Asian Mass Communication Research and Information Centre, Institute of Culture and Communication, East-West Center, Hubert H. Humphrey Institute of Public Affairs, and Institute of Southeast Asian Studies.
Download or read book Trade Policy and Global Growth written by Robert A. Blecker and published by Routledge. This book was released on 2016-09-16 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays offers critical perspectives on current issues in the international economy. Divided into four parts, U.S. Trade Policy and Global Growth discusses managed trade and international interdependence, the effect of trade on domestic wages and employment, the costs and benefits of trade protection, and likely effects of NAFTA. The collection also addresses the U.S. trade deficit and presents a Keynesian proposal for international monetary reform. Part IV focuses on issues facing developing countries in the areas of trade, industrial, and financial policy. Rejecting the dogma that pure free-market policies should be accepted as articles of religious faith, in either international trade or domestic policy, the contributors search for trade and macro policies that can achieve balanced growth with high employment and an equitable distribution of income in both the United States and the rest of the world.
Download or read book Foreign Economic Liberalization written by Andras Koves and published by Routledge. This book was released on 2019-03-07 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking volume combines theories of economic liberalization with a wide variety of case studies from market and socialist economies. Internationally regarded scholars and Eastern European policymakers have collaborated to evaluate the dramatic economic changes taking place throughout the world. The opening essays contribute to the theoretical debate by showing that foreign economic liberalization goes beyond reducing import barriers to policies on investment, financial liberalization, convertability, and export promotion. Case studies compare successful and unsuccessful liberalization attempts world wide. The disintegration of the CMEA and the policy dilemmas facing Central and Eastern Europe are examined in great detail, as the authors explore the pitfalls and opportunities inherent in the transformation from a centrally planned economy. This up-to-date text will be invaluable for courses on the history and transformation of socialist economies, comparative economic systems, and international trade and investment.
Download or read book Understanding Modern Taiwan written by Christian Aspalter and published by Routledge. This book was released on 2017-05-15 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on aspects of modern Taiwan related to the fields of economics, social policy and politics, this collection brings together leading scholars to discuss recent developments in Taiwanese society. The contributors discuss economic policy making in Taiwan, the Diaspora of Taiwanese businessmen, the issue of national identity, the factors behind political liberalization and democratization, labour and social politics, the emergence of social movements that promote new social policies, and the impact of democratization on welfare state politics in Taiwan. Since the lifting of martial law in 1987, Taiwan has undergone a period of rapid industrialization and democratization which has changed the face of Taiwanese society. This volume will provide an insight into these dramatic economic, political and societal changes.
Download or read book The Education of Nations written by Stephen Kosack and published by Oxford University Press on Demand. This book was released on 2012-08-16 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mass education is vital to sustainable development, particularly in the information age. In The Education of Nations, Stephen Kosack provides a framework for understanding when a government will invest in quality mass education or concentrate on higher education restricted to elites. Drawing on detailed evidence from more than five decades in Taiwan, Ghana, and Brazil - three countries with little in common - Kosack demonstrates that two conditions lead developing nations to invest in mass education. The first of these is an economy in which employers face a shortage of skilled labor that they cannot meet with outsourcing or by hiring foreign workers; the second, and more common, is a government engaging in political entrepreneurship of the poor - developing organizational structures that allow poor citizens to act collectively to support the government. In bringing these conditions to light, The Education of Nations provides a method to explain not only how governments try to distribute educational opportunity, but also the implications for a range of key features of actual education systems, from the relative conditions of schools to the availability of financial aid. In an era when much of a country's success depends on its education, this book explains why governments adopt particular education policies and the political and economic changes that would lead to different ones.
Download or read book Machinery and Economic Development written by Martin Fransman and published by Springer. This book was released on 1986-10-24 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Business America written by and published by . This book was released on 1991 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes articles on international business opportunities.
Download or read book Planning in Taiwan written by Roger Bristow and published by Routledge. This book was released on 2010-05-04 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a history of planning in Taiwan and situates contemporary Taiwanese planning in the wider global context. The book then covers challenges to planning, urban change, legal planning, land problems, the development of industrial land, community planning, conservation, ecological land use, planning for natural disasters and transportation planning.
Download or read book The United States China and Taiwan written by Robert Blackwill and published by Council on Foreign Relations Press. This book was released on 2021-02-11 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taiwan "is becoming the most dangerous flash point in the world for a possible war that involves the United States, China, and probably other major powers," warn Robert D. Blackwill, Council on Foreign Relations (CFR) Henry A. Kissinger senior fellow for U.S. foreign policy, and Philip Zelikow, University of Virginia White Burkett Miller professor of history. In a new Council Special Report, The United States, China, and Taiwan: A Strategy to Prevent War, the authors argue that the United States should change and clarify its strategy to prevent war over Taiwan. "The U.S. strategic objective regarding Taiwan should be to preserve its political and economic autonomy, its dynamism as a free society, and U.S.-allied deterrence-without triggering a Chinese attack on Taiwan." "We do not think it is politically or militarily realistic to count on a U.S. military defeat of various kinds of Chinese assaults on Taiwan, uncoordinated with allies. Nor is it realistic to presume that, after such a frustrating clash, the United States would or should simply escalate to some sort of wide-scale war against China with comprehensive blockades or strikes against targets on the Chinese mainland." "If U.S. campaign plans postulate such unrealistic scenarios," the authors add, "they will likely be rejected by an American president and by the U.S. Congress." But, they observe, "the resulting U.S. paralysis would not be the result of presidential weakness or timidity. It might arise because the most powerful country in the world did not have credible options prepared for the most dangerous military crisis looming in front of it." Proposing "a realistic strategic objective for Taiwan, and the associated policy prescriptions, to sustain the political balance that has kept the peace for the last fifty years," the authors urge the Joe Biden administration to affirm that it is not trying to change Taiwan's status; work with its allies, especially Japan, to prepare new plans that could challenge Chinese military moves against Taiwan and help Taiwan defend itself, yet put the burden of widening a war on China; and visibly plan, beforehand, for the disruption and mobilization that could follow a wider war, but without assuming that such a war would or should escalate to the Chinese, Japanese, or American homelands. "The horrendous global consequences of a war between the United States and China, most likely over Taiwan, should preoccupy the Biden team, beginning with the president," the authors conclude.
Download or read book Development and Demographic Change in Taiwan written by Roger Mark Selya and published by World Scientific. This book was released on 2004 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes and analyzes the demographic changes that took place in Taiwan between 1945 and 1995. It uses an interdisciplinary methodology so that different approaches to demographic change can be compared and contrasted. It attempts to evaluate Taiwan''s experience so that lessons for the Third World can be extracted. The content and presentation of the material are deliberately designed to replicate the 1954 work of Barclay, Demographic Change and Colonial Development in Taiwan. As such the book seeks to provide the reasons that economic development without demographic change took place under the Japanese while development with demographic change took place under the Chinese. The volume is richly illustrated with some 82 original maps and graphs.
