Paths to the Emerging State in Asia and Africa

Paths to the Emerging State in Asia and Africa PDF Author: Keijiro Otsuka
Publisher: Springer
ISBN: 9811331316
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.

Paths to the Emerging State in Asia and Africa

Paths to the Emerging State in Asia and Africa PDF Author: Keijiro Otsuka
Publisher: Springer
ISBN: 9811331316
Category : Business & Economics
Languages : en
Pages : 305

Get Book

Book Description
This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.

Paths to the Emerging State in Asia and Africa

Paths to the Emerging State in Asia and Africa PDF Author: Keijiro Otsuka
Publisher:
ISBN: 9789811331329
Category : Development economics
Languages : en
Pages : 292

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Book Description
This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the 'initial conditions' and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition. Keijiro Otsuka is Professor of Economics, Kobe University and Kaoru Sugihara is Specially Appointed Professor of the Research Institute for Humanity and Nature. .

Emerging States and Economies

Emerging States and Economies PDF Author: Takashi Shiraishi
Publisher: Springer
ISBN: 9811326347
Category : Political Science
Languages : en
Pages : 183

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Book Description
This open access book asks why and how some of the developing countries have “emerged” under a set of similar global conditions, what led individual countries to choose the particular paths that led to their “emergence,” and what challenges confront them. If we are to understand the nature of major risks and uncertainties in the world, we must look squarely at the political and economic dynamics of emerging states, such as China, India, Brazil, Russia, and ASEAN countries. Their rapid economic development has changed the distribution of wealth and power in the world. Yet many of them have middle income status. To global governance issues, they tend to adopt approaches that differ from those of advanced industrialized democracies. At home, rapid economic growth and social changes put pressure on their institutions to change. This volume traces the historical trajectories of two major emerging states, China and India, and two city states, Hong Kong and Singapore. It also analyzes cross-country data to find the general patterns of economic development and sociopolitical change in relation to globalization and to the middle income trap.

Emerging State and Economy

Emerging State and Economy PDF Author: Takashi Shiraishi
Publisher: Springer
ISBN: 9789811376504
Category : Political Science
Languages : en
Pages :

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Book Description
This four-volume collection of Open Access books presents trans-disciplinary dialogues on the modern state formation and high economic growth of middle-income countries. Volume 1, Emerging States and Economies: Their Origins, Drivers, and Challenges Ahead, showcases such a dialogue. Volume 2, Paths to the Emerging State in Asia and Africa, offers historical and contemporary case studies asking how a country which was incorporated into the world economy as a periphery could undertake the task of economic development. Volume 3, Developmental State-Building: The Politics of Emerging Economy, modifies and revitalizes the notion of developmental state through nuanced analysis on the roles of human agency in structural transformation. Volume 4, Emerging States at Crossroads, analyzes the economic, social, and political challenges that emerging states confronts, including middle-income trap, social disparity, and pressure for political opening.

The Key to the Asian Miracle

The Key to the Asian Miracle PDF Author: Jose Edgardo Campos
Publisher: Brookings Institution Press
ISBN: 9780815723035
Category : Political Science
Languages : en
Pages : 230

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Book Description
"Easily the most informed and comprehensive analysis to date on how and why East Asian countries have achieved sustained high economic growth rates, [this book] substantially advances our understanding of the key interactions between the governors and governed in the development process. Students and practitioners alike will be referring to Campos and Root's series of excellent case studies for years to come." Richard L. Wilson, The Asia Foundation Eight countries in East Asia--Japan, South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, and Indonesia--have become known as the "East Asian miracle" because of their economies' dramatic growth. In these eight countries real per capita GDP rose twice as fast as in any other regional grouping between 1965 and 1990. Even more impressive is their simultaneous significant reduction in poverty and income inequality. Their success is frequently attributed to economic policies, but the authors of this book argue that those economic policies would not have worked unless the leaders of the countries made them credible to their business communities and citizens. Jose Edgardo Campos and Hilton Root challenge the popular belief that East Asia's high performers grew rapidly because they were ruled by authoritarian leaders. They show that these leaders had to collaborate with various sectors of their population to create an environment that was conducive to sustained growth. This required them to persuade the business community that their investments would not be expropriated and to convince the broader population that their short-term sacrifices would be rewarded in the future. Many of the countries achieved business cooperation by creating consultative groups, which the authors call deliberation councils, to enhance accountability and stability. They also obtained popular support through a variety of wealth-sharing measures such as land reform, worker cooperatives, and wider access to education. Finally, to inhibit favoritism and corruption that would benefit narrow interest groups at the expense of broad-based development, these countries' leaders constructed a competent bureaucracy that balanced autonomy with accountability to serve all interests, including the poor. This important book provides useful lessons about how developing and newly industrialized countries can build institutions to implement growth-promoting policies.

China's Second Continent

China's Second Continent PDF Author: Howard W. French
Publisher: Vintage
ISBN: 0307946657
Category : Social Science
Languages : en
Pages : 306

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Book Description
A New York Times Notable Book Chinese immigrants of the recent past and unfolding twenty-first century are in search of the African dream. So explains indefatigable traveler Howard W. French, prize-winning investigative journalist and former New York Times bureau chief in Africa and China, in the definitive account of this seismic geopolitical development. China’s burgeoning presence in Africa is already shaping, and reshaping, the future of millions of people. From Liberia to Senegal to Mozambique, in creaky trucks and by back roads, French introduces us to the characters who make up China’s dogged emigrant population: entrepreneurs singlehandedly reshaping African infrastructure, and less-lucky migrants barely scraping by but still convinced of Africa’s opportunities. French’s acute observations offer illuminating insight into the most pressing unknowns of modern Sino-African relations: Why China is making these cultural and economic incursions into the continent; what Africa’s role is in this equation; and what the ramifications for both parties and their people—and the watching world—will be in the foreseeable future. One of the Best Books of the Year at • The Economist • The Guardian • Foreign Affairs

How Asia Works

How Asia Works PDF Author: Joe Studwell
Publisher: Open Road + Grove/Atlantic
ISBN: 0802193471
Category : Business & Economics
Languages : en
Pages : 434

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Book Description
“A good read for anyone who wants to understand what actually determines whether a developing economy will succeed.” —Bill Gates, “Top 5 Books of the Year” An Economist Best Book of the Year from a reporter who has spent two decades in the region, and who the Financial Times said “should be named chief myth-buster for Asian business.” In How Asia Works, Joe Studwell distills his extensive research into the economies of nine countries—Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China—into an accessible, readable narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why some countries have boomed while others have languished. Studwell’s in-depth analysis focuses on three main areas: land policy, manufacturing, and finance. Land reform has been essential to the success of Asian economies, giving a kick-start to development by utilizing a large workforce and providing capital for growth. With manufacturing, industrial development alone is not sufficient, Studwell argues. Instead, countries need “export discipline,” a government that forces companies to compete on the global scale. And in finance, effective regulation is essential for fostering, and sustaining growth. To explore all of these subjects, Studwell journeys far and wide, drawing on fascinating examples from a Philippine sugar baron’s stifling of reform to the explosive growth at a Korean steel mill. “Provocative . . . How Asia Works is a striking and enlightening book . . . A lively mix of scholarship, reporting and polemic.” —The Economist

Unlocking Africa's Business Potential

Unlocking Africa's Business Potential PDF Author: Landry Signe
Publisher: Brookings Institution Press
ISBN: 0815737394
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.

Resurgent Asia

Resurgent Asia PDF Author: Deepak Nayyar
Publisher: Oxford University Press
ISBN: 0198849516
Category : Asia
Languages : en
Pages : 316

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Book Description
Resurgent Asia analyses the phenomenal transformation of Asia, which would have been difficult to imagine, let alone predict, fifty years ago, when Gunnar Myrdal published Asian Drama. In doing so, it provides an analytical narrative of this remarkable story of economic development, situated in its wider context of historical, political, and social factors, and an economic analysis of the underlying factors, with a focus on critical issues in the process of, and outcomes in, development. In 1970, Asia was the poorest continent in the world, marginal except for its large population. By 2016, it accounted for three-tenths of world income, two-fifths of world manufacturing, and one-third of world trade, while its income per capita converged towards the world average. However, this transformation was associated with unequal outcomes across countries and between people. The analysis disaggregates Asia into its four constituent sub-regions--East, Southeast, South, and West--and further into fourteen economies--China, India, South Korea, Indonesia, Turkey, Taiwan, Thailand, Philippines, Malaysia, Singapore, Pakistan, Bangladesh, Vietnam, and Sri Lanka--which account for more than four-fifths of its population and income. This book enhances our understanding of development processes and outcomes in Asia over the past fifty years, draws out the analytical conclusions that contribute to contemporary debates on development, and highlights some lessons from the Asian experience for countries elsewhere. It is the first to examine the phenomenal changes that are transforming economies in Asia and shifting the balance of economic power in the world, while reflecting on the future prospects in Asia over the next twenty-five years. A rich, engaging, and fascinating read.

South Asia and Africa After Independence

South Asia and Africa After Independence PDF Author: Bernard Waites
Publisher: Bloomsbury Publishing
ISBN: 0230356982
Category : History
Languages : en
Pages : 472

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Book Description
Post-colonial South Asia and Africa invite comparison: along with their political boundaries, they inherited from colonial regimes administrative languages, a cluster of sovereign state institutions and modern economic nuclei. When they became independent, South Asian and African states were - for all their diversity - thrust into a common position in the international system, and embarked on a common history as 'emergent', 'non-aligned', 'developing nations'. This is the first book to offer a single-volume comparative history of postcolonial South Asia and sub-Saharan Africa in the first generation since independence. South Asia and Africa After Independence draws together the political and economic history of these two regions, assessing the colonial impact, establishing breaks and continuities, and highlighting their diversity and interplay. Waites sets out a framework for analysing the first generation of post-colonial history, offering an interpretation of 'post-colonialism' as a historical phenomenon, and provocatively challenging us to re-think this term in relation to South Asian and African history. This book is an important reference for the study of global, world, African and South Asian history.