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East Asia Globalization And The New Economy

Author: F. Gerard Adams
Publisher: Routledge
ISBN: 1135989338
Size: 67.11 MB
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We are witnessing a transformation in the world economy as a result of the IT/e-business revolution. Modern logistics based on cheap communication and transportation are shifting the locus of production and the international division of labour between the West and the lower wage countries of East Asia and similar changes are occurring within East Asia itself. Looming over the entire picture is the colossus that is China and this transformation is making East Asia the manufacturing centre of the world economy. Written by a recognized expert in the area of business economics, this book analyzes these developments and evaluates their future impact on the development of East Asia and its role in the world economy. The book examines the effect of the IT revolution, globalization and the 'new economy' on the development of East Asia. The first book-length treatment of IT/e-business in the region, it questions whether the e-business revolution will renew and sustain the rapid economic development of East Asia.

The Rise Of The Corporate Economy In Southeast Asia

Author: Rajeswary Ampalavanar Brown
Publisher: Routledge
ISBN: 1134157533
Size: 39.54 MB
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The Rise of the Corporate Economy in Southeast Asia surveys the growth of large corporations in Southeast Asia, focusing in particular on corporate organization, methods of finance, the business environment and corporate governance. It details the different phases of corporate and financial development, particularly liberalization and globalization from the mid-1980s, the 1997 crisis, and subsequent attempts at liberalization and the reform of corporate governance. Raj Brown considers the key themes of the rise of the Southeast Asian corporate economy, and illustrates the theoretical issues through deployment of carefully selected country-specific case studies from across the region. An examination of critical subjects include: the variety of corporate forms found in Southeast Asia issues of ethnicity the concentration of ownership, particularly among families links between the state, the military, banks and corporations state-owned enterprises and forms of state control the role of foreign capital. Providing a comprehensive analysis of the rise of the corporate economy in Southeast Asia, this study will be an important resource for students of the region and those concerned with theoretical issues of corporate governance.

The Rise Of Asia

Author: Prema-chandra Athukorala
Publisher: Routledge
ISBN: 1136959033
Size: 65.22 MB
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The Rise of Asia examines emerging trends and patterns of foreign trade and investment in Asia with a view to contributing to the policy debate on how development strategies should be adopted in response to challenges to economic globalization. The existing body of knowledge in this subject area has predominantly been shaped by the experiences of the newly industrialized countries (NICs) in East Asia. This volume is inspired by the conviction that generalization from the NIC experience is hazardous because the on-going process of economic globalization over the past two decades has dramatically transformed the international context of national development policy making. Moreover, as ‘embracing market’, albeit at varying degree and rapidly, has now become an Asia-wide phenomenon, it is vital to look at the issues from a broader relational perspective, paying attention to opportunities for intra-regional division of labour within the wider context of global economic integration. This book will be of interest to students and scholars with an interest in Asian studies, economics, political economy and globalization.

The Local Impact Of Globalization In South And Southeast Asia

Author: Bart Lambregts
Publisher: Routledge
ISBN: 1317679431
Size: 74.87 MB
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In the past two decades, several millions of IT-enabled services jobs have been relocated or ‘offshored’ from the US and Europe to, in particular, low cost economies around the world. Most of these jobs so far have landed in South and South-East Asia, with India and the Philippines receiving the bulk of them. This has caused profound changes in the international division of labour, and has had correspondingly wide social and economic effects. This book examines how this ‘next wave in globalization’ affects people and places in South and South-East Asia. It brings together twelve case studies from India, the Philippines, China, Hong Kong and Thailand, and explores how and for whom services offshoring creates opportunities, triggers local economic transformations and produces challenges. This book in addition compares how different countries take part in this ‘second global shift’, investigates service-sector driven economic development from a historical perspective, and engages with the question whether and to what extent services offer a new promising avenue of sustained economic growth for developing countries. It argues that service-led development in developing countries is not easy for all the workers involved, or a guaranteed path to sustained economic development and prosperity. This volume stands out from other books in the field in its exploration of the social and economic outcomes in the cities and countries where services have been located. Based on cutting edge empirical research and original data, the volume offers a state-of-the-art contribution to this growing debate. The book provides valuable insights for students, scholars and professionals interested in services offshoring, socio-economic development and contemporary transformations in South and South-East Asia.

New Economic Spaces In Asian Cities

Author: P. W. Daniels
Publisher: Routledge
ISBN: 0415567734
Size: 58.63 MB
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The East and Southeast Asia region constitutes the world’s most compelling theatre of accelerated globalization and industrial restructuring. Following a spectacular realization of the ‘industrialization paradigm’ and a period of services-led growth, the early twenty-first century economic landscape among leading Asian states now comprises a burgeoning ‘New Economy’ spectrum of the most advanced industrial trajectories, including finance, the knowledge economy and the ‘new cultural economy’. In an agenda-setting volume, New Economic Spaces in Asian Citiesdraws on stimulating research conducted by a new generation of urban scholars to generate critical analysis and theoretical insights on the New Economy phenomenon within Asia. New industry formation and the transformation of older economic practices constitute instruments of development, as well as signifiers of larger processes of change, expressed in the reproduction of space in the city. Asia’s major cities become the key staging areas for the New Economy, driven by the growing wealth of an urban middle and professional class, higher education institutions, city-based inter-regional movements and urban mega-projects. New Economic Spaces in Asian Citesanimates this New Economy discourse by means of vibrant storylines of instructive cities and sites, including cases studies situated in cities such as Tokyo, Seoul, Shanghai, Beijing, Shenzhen, and Singapore. Theoretical and normative issues associated with the emergence of the new cultural economy are the subject of the book’s context-setting chapters, and each case study presents an evocative narrative of development interdependencies and exemplary outcomes on the ground. New Economic Spaces in Asian Citiesoffers a vivid contribution to our understanding of the ongoing transformation of Asia’s urban system, including the critical intersections of global and local-regional dynamics in processes of new industry formation and the relayering of space in the Asian metropolis. The synthesis of empirical profiles, normative insights, and theoretical reference points enhances the book’s interest for scholars and students in fields of Asian studies, urban and cultural studies, and urban and economic geography, as well as for policy specialists and urban/community planners.

East Asian Development Model

Author: Shiping Hua
Publisher: Routledge
ISBN: 1317815785
Size: 16.49 MB
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Given the impressive growth in East Asia after World War II, initially led by Japan, the region's development models have been scrutinized since the 1980s. The shared Confucian cultural heritage, strong government guidance, and export led economies were often cited as contributors to the impressive growth. However, major changes have taken place in Asia on and around the turn of the century: Japan experienced two decades of economic slow-down, while World Bank figures reveal that China is poised to become the largest economy in the world in 2014, overtaking the United States. Bearing this in mind, is it even possible to formulate an East Asian development model in the context of a shifting twenty-first century? And if so, what is it? This book addresses this issue by looking at the economic, political and cultural perspectives of China, Japan and South Korea, focusing on dynamism and potential consensus regarding an East Asian development model. The chapters offer a historical background to the East Asian development model, as well as in-depth case studies of each of the countries concerned to show that whilst the East Asian development model does have distinct characteristics as compared with other areas, and other countries may draw some insights from the East Asian experience, it is not a panacea that fits all circumstances and fits all times. This book will be welcomed by students and scholars of Asian economics, Asian politics, international political economy and development studies.

China And India

Author: Dilip K. Das
Publisher: Routledge
ISBN: 1134134924
Size: 18.61 MB
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The economies of the People’s Republic of China and India are emerging-market economies, which account for more than a third of the global population. These two economies share many similarities in that they are large populous neighbours, who were regarded as abjectly poor countries until the 1980s and both are ancient cultures which has both advantages and disadvantages for economic development. However, their political systems are very different. While India is an open democratic society, China is a closed society run in an authoritarian manner by the Chinese Communist Party. This dissimilarity impacts on the economic decision making process in the two economies. This book is the first to systematically compare and contrast the two economies. It takes an objective and dispassionate view and delves into the constructive and favourable side as well as adverse and unfavourable side of the two economies. Written in a comprehensive and authoritative manner, it covers large areas of the two economies, including trade and financial sectors. It also includes other important relevant facets of the two economies.

The Evolution Of Regionalism In Asia

Author: Heribert Dieter
Publisher: Routledge
ISBN: 1134063946
Size: 65.66 MB
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This edited volume looks at regional integration processes in Asia. Whilst integration in the region, defined as Southeast and East Asia, is not a new process, it has gained momentum in recent years. Two developments have acted as catalysts for integration, first at the economic level the Asian crisis of 1997 has been the watershed for most countries in the region. Ever since, there have been continuing search processes for sovereignty-enhancing types of economic policies, and the region is one location where policy-makers look for new avenues to strengthen the position of their countries. The second major development is the continuing rise of China in the region. Today, China is not only the manufacturing powerhouse of the region, but it increasingly functions as a "benign hegemon" in Asia. Integration processes in Asia take place at several levels; in trade, finance and security affairs. This book analyses these dimensions of integration and sheds light on the prospects for successful integration. It investigates the puzzling, sometimes contracting trends of co-operation and integration in Asia. The contributors to this volume look at a theme that is of growing importance to the discipline of political science as much as it is relevant for policy makers. By combing the analysis of the three dimensions of integration, The Evolution of Regionalism in Asia enables readers to gain a broad understanding of the theory and practice of the integration processes.

Globalization And Development In East Asia

Author: Jan Nederveen Pieterse
Publisher: Routledge
ISBN: 0415807034
Size: 17.83 MB
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East Asia is widely regarded as the main "winner" in contemporary globalization, unscathed by the economic crisis of 2008, with its leading new industrializing nations and emerging economies. While 20th-century globalization was mainly led by the West, the 21st century is ushering in different dynamics. The re-emergence of Asia involves alternative visions of the world and different perspectives on globalization. This volume seeks to address these dimensions, turning to local reflexivities, notably in South Korea and China, to explore the key debates in sociology and political economy within East Asia rather than from an outside view.

Exports Trade Policy And Economic Growth In Eras Of Globalization

Author: Edward M. Feasel
Publisher: Routledge
ISBN: 1351864807
Size: 21.17 MB
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This book provides an excellent resource for understanding the forces in international trade liberalization over two centuries that have brought us to this point, where the successes, setbacks and the countervailing forces now vie for the public's mind and support: the outcome of which will determine the future progress of increased globalization, or lack thereof. The book also examines whether trade policy has indeed promoted exports in the vast number of countries which increasingly look to trade agreements to gain a competitive edge, and to what extent export-driven growth has been an important force in advancing economic development around the world. In doing so, the book examines one of the most controversial issues in economic development: the promotion and significance of export-led growth.