One result of the Asian economic crisis has been to shatter the belief that Asian ways of management are superior to Western ways. Now, just to survive, Asian firms have come to rethink their entire way of managing, and in his latest book, Richter, assisted by his contributing authors, gives a sharply focused analysis of how they are doing it. Emerging questions are how do Asian firms adjust to the new economic realities? and How do they develop their management style?

There are plenty of new opportunities in Asia to play the new game, but they must be grasped and productively channeled. Richter and his contributors conclude that in the end, the Asian economic crisis, or catharsis, may well be a blessing in disguise. It provides an opportunity to completely review the way things stand in Asia. Like entrepreneurs who built the Asian economies, today's firms have the opportunity to lead a revival if they can redirect their businesses. This is an important resource for professionals in all multinational organizations and for academics and their upper-level students of international business.

Trends in green and sustainable development have and will continue to influence all major economies. Identifying the risks and opportunities associated with sustainable economic development and green analysis for sustainability warrants the use and study of advanced analytics. Advanced Analytics for Green and Sustainable Economic Development: Supply Chain Models and Financial Technologies focuses on the development of innovative techniques and tools that answer urgent questions in the global trend of sustainable economic development. This book will be useful to professionals, researchers, and policymakers working in various disciplines including business and economy, science and engineering, social sciences, government policy, and legal studies. Chapters in this work also provide a valuable resource for business managers concerned with the development of green business and application of low carbon practices.

This book gathers inputs from a variety of researchers in the field of sustainable development in the widest sense across the UK, from business and economics, to arts and fashion, administration, environment and media studies. The book also describes research, curriculum innovation, and campus greening in a comprehensive way. Many universities in the United Kingdom are currently engaged in high-quality research on matters related to sustainable development. Yet there are relatively few publications that provide a multidisciplinary overview of these efforts and projects, and in which researchers from across the spectrum of the natural and social sciences have the opportunity to present their research methods, the results of their empirical research, or exchange ideas about on-going and future research initiatives focusing on sustainable development. Addressing this important gap in the literature, this book contributes to the further development of this rapidly growing field in the United Kingdom and beyond.

In this book, the focus in on how developing economies in Southeast Asia ride on the wave of globalization that brings about benefits and economic growth with expanding trade and investment linkages. The central concept used in this study is production networks and industrial clusters. With examples from Indonesia and Malaysia (electronics industry), Singapore (biomedical science industry), and Thailand (automotive industry), the book explains how the production networks and industrial clusters have played crucial roles in their industrial development.

The author examines the rise of the BRICs and the supposed decline of the United States. Focusing on the boom years from 1992 to 2007, and the crisis years after 2008, he argues that there are limits to the rise of the former and that the extent of US decline has been greatly exaggerated.

The book offers a detailed introduction to contemporary Chinese culture industry development. It starts with an analysis of the historical aspects and the contextual background rooted in the Reform & Opening-up policy. The second part discusses the development from the perspective of reality and introduces the different production modes for the country's most influential culture industries, since these are a unique feature of culture industry development in China. Lastly, the book clearly shows the strengths and weaknesses of culture industry development in China by comparing it with that of other countries against the backdrop of globalization.

Although economic growth is amongst the oldest of debates in Economics, there has been little advancement in growth theory since the classic works of Solow. As such, clear-cut answers to the context-specific determinants of growth, especially for developing countries, are rare. Bridging the Gap Between Growth Theory and Policy in Asia: An Extension of the Solow Growth Model adds to the works of Solow by showing how his original model can be extended and used for policy, discussing issues in growth econometrics, including the theoretical underpinnings of growth models, and some of the important challenges in empirical studies on economic growth. This simpler manual will be highly useful for applied economists, policy makers, and graduate students.

Foreign Direct Investment in Brazil: Post-Crisis Economic Development in Emerging Markets explores both the inward and outward ways foreign direct investment (FDI) can help Brazil sustain economic growth and development in the sometimes hostile post-global crisis era. Inward and outward FDI have major roles to play in reviving Brazil's growth momentum and the country's transition to a new growth paradigm less dependent on commodity exports. The book provides a comprehensive discussion on the analytical framework of FDI and the policy environment influencing the patterns and development of FDI in Brazil. It compares Brazil to other developing countries, but its focus rests on how, and to what extent, the global crisis is shaping the Brazilian institutional environment and its implications for FDI.

There is much research into strategic business alliances in emerging markets, but none focuses on this form of collaboration within Europe’s emerging economies. This is a critical absence, as the European transition region is not only different from other European and Western regions but also from other regions with developing economies. Partners in the European transition region have unique cultural and social backgrounds, and consequently, unique ways of doing business.   Transformations of Strategic Alliances in Emerging Markets focuses on this important gap. This book, the second of a two-volume set, makes a unique contribution to emerging market research by investigating the transformation of alliances in Eastern and central Europe over the past forty years. It provides a conceptual framework to describe and analyse the formation, development and functional mechanisms of strategic alliances in the European transition region, ultimately offering an in-depth overview of the challenges and opportunities around strategic alliance formation in emerging European markets.   Transformations of Strategic Alliances in Emerging Markets, Volume II, is a must-read for academics and postgraduate students of development economics and business administration

Similar to large cities, rural towns have undergone dramatic change since mid-century. The decline in retailing, changes in manufacturing, and jobs moving abroad have had a tremendous impact. Yet while rural and industrial areas have similar concerns about adjusting to a changing economy, successful urban strategies cannot be blindly transferred to rural areas. Nor can rural areas be considered homogeneous. They differ in ethnic makeup, industrial structure, topography, and natural and human resources. Appreciating the diversity of rural areas, this book presents case studies from different industries, regions, and cultures, providing examples of the activity in small town and rural development, and reflecting on how these strategies might be pursued elsewhere.

This collection provides examples of communities that have attempted to affect their future. Telling the stories of small towns that do not attract the attention of national media, this book celebrates the success, creativity, and vision of rural residents. Also included are examples of less effective rural development initiatives, which can be lessons to analyze and avoid mistakes. Ultimately, what is best in small town and rural development is the result of community engagement. This volume will help people to begin, or strengthen, that process of engagement.

This book provides a comprehensive overview of Corporate Social Responsibility (CSR) in Indian corporations following the 2013 legal mandate on corporate spending of profits for CSR. Bringing together authors hailing from diverse walks of life, the book pursues a 'hands-on' approach, with real-world case studies and examples that help the reader feel the dynamic pulse of India immediately after the ratification of the CSR mandate in the Companies Act, 2013. The Act is expected to affect over 16,300 companies with an estimated flow of approximately 200 billion Indian rupees into the economy every year, thus shaking the foundations of business and society and impacting the country at multiple stakeholder levels. As a result, India is likely to become the birthplace of social, economic, and environmental transformation through financial investments in CSR! In order to insightfully reflect on this transition, this book has been divided into three parts. The first part presents the CSR mandate and its implications, while the second focuses on its implementation and the third part provides a view on the way forward. The book helps to reveal the various layers of CSR in an emerging economy like India and is expected to spark debate, discussion and research among policy-makers, consultants, academics, practitioners and other stakeholders the world over, which will further expand its contribution to CSR literature and open up new vistas in CSR research. "This is indeed a first of its kind book and marks a watershed in the journey of CSR. It is an extremely important contribution to the body of knowledge in the area of CSR and Corporate Governance in emerging economies that is driven by a completely different set of challenges, opportunities and requirements from that of developed economies." Dr. Bhaskar Chatterjee, Director General & CEO, Indian Institute of Corporate Affairs

This book is a quarterly forecast and analysis report on the Chinese economy. It is published twice a year and presents ongoing results from the "China Quarterly Macroeconomic Model (CQMM)," a research project at the Center for Macroeconomic Research (CMR) at Xiamen University. Based on the CQMM model, the research team forecast major macroeconomic indicators for the next 8 quarters, including the rate of GDP growth, the CPI, fixed-asset investment, resident consumption and foreign trade. At the same time it focuses on simulation of current macroeconomic policies in China. In addition to helping readers understand China's economic trend and policy guide, this book has three main goals: to help readers understand China's economic performance; to forecast the main macroeconomic indicators for the next 8 quarters; and to simulate the effectiveness of macroeconomic policies.

Even if constrained in their international choices, recipient countries of global health programmes hold the capacity to autonomously define and pursue their own strategies, policies, and ultimately attain political goals. This is comparatively demonstrated through the analysis of PEPFAR's implementation in Botswana, Ethiopia and South Africa.

The book is one of the first to focus on responsible leadership in the contemporary Asian century context. It adopts a unique context driven social innovation based responsible leadership approach to explain how context can impact and shape the theory and practice of responsible leadership. This unique work will strongly appeal to a broad spectrum of researchers and scholars across disciplines with a particular interest in the interplay between leadership, responsibility and ethics. As Asia's influence on the global economy continues to grow in the Asian Century, this book offers a culturally integrated view of how the shift in economic power to Asia and the rising new global economic order can influence the theory and practice of responsible leadership. The book focuses particularly on the Asian century opportunities and challenges as a strong contextual factor that shapes the 'responsibility' of responsible leadership. The scholarly literature on the topic, the case studies developed through interviews and secondary data, and author's corporate experiences in the Asia-Pacific region in leading organisations are key sources for the book's assertions. It fills an important gap in the literature on how Asian cultural factors might influence the predominantly Western developed responsible leadership theory and practice. This book covers key topics including the moral basis for responsibility, theory and practice of responsible leadership, Asian challenges to responsible leadership, and socially innovative responsible leadership. "Fernando's book provides a fresh and novel perspective on how evolutionary changes in economic power between Asia and the rest of the world undoubtedly will affect the practice of responsible leadership. He examines varying views on responsible leadership across cultures, demonstrating how Asian and Western leadership styles have evolved as our economy continues to become more globally integrated." Prof. Laura Pincus Hartman Director, Susilo Institute for Ethics in the Global Economy Boston University, Questrom School of Business, Boston, USA "There is little doubt that this is the Asian Century and that economic and political influences from the east will increase. But so too may cultural, ethical and even religious influences. It is therefore important that researchers understand these significant changes. In this book Mario Fernando gives us an insight into what this means for responsible leadership. It is primarily an excellent work of scholarship, written for academics who teach and research in this area by someone who knows Asian business and culture from the inside. But it will also reward careful study by practicing leaders and those who are the potential leaders of the future." Professor of Business Ethics, Geoff Moore Durham Business School Durham University, UK

This timely book examines the quiet revolution that is currently unfolding in Latin America and its likely consequences for U.S. trade and investment with and within that region. Receiving meager coverage by America's media, a virtual sea of change has taken place in Latin America during the past few years. Democratically elected leaders have labored to extricate their economies from the debt-laden stagnation of the lost decade by pursuing far-reaching stabilization and liberalization reform programs. Under President George Bush's proposed Enterprise Initiative for the Americas (EAI) and negotiations toward the formation of a North American Free Trade Area (NAFTA) with Mexico, U.S. economic policy toward Latin America is now in the midst of a dramatic revision that seeks to rectify the neglect of the past and replace it with active encouragement of economic and political change. The authors investigate the forces behind the lost decade in Latin America, the adjustment efforts that have emerged in its wake, and the enhanced potential of Latin economies as trade partners and investment outlets under the EAI and NAFTA. They look at these developments in the light of regionalizing trends afoot in the global economy at large and argue that stronger ties with Latin America are essential to the future well-being of the United States.

After outlining the emergence of global economic regionalism and its likely impact upon the United States and Latin America, the authors trace the origins of the latter's lost decade to the debt crisis of the early 1980s, the inadequacy of past international strategies to manage it, and the adoption of strenuous adjustment programs by Latin nations to deal with both debt repayment and the legacy of misguided development approaches. They show how the EAI is meant to accelerate the movement toward reliance upon free-market forces in Latin America and how the United States is likely to benefit from closer economic ties with the countries of that region. A full account of NAFTA's proposed liberalization of trade between the United States and Mexico follows, as the authors investigate its origins, examine Mexico's adjustment record, and list the gains that both nations are likely to realize under a free-trade accord. They then look at two sets of Latin economies, the first of which is formed by Chile, Venezuela, Bolivia, and Colombia and the second comprised of Brazil, Argentina, and Peru. While the former are prepared for economic integration with the United States, major problems impair the ability of the latter to become full-fledged participants in an economic pact with the United States. The analysis presented in the book should be of substantial value to businessmen, students of world affairs, as well as those with a specific interest in U.S.-Latin relations.

Entrepreneurs, technical experts, professionals, international students, writers, and artists are among the most highly mobile people in the global economy today. These talented elite often originate from developing countries and migrate to industrial economies. Many return home with new ideas, experiences, and capital useful for national development, whilst others remain to produce quality goods and services that are useful everywhere in the global economy.
The economic potential of globalization is ultimately dependent on the international mobility of highly talented individuals that transfer knowledge, new technologies, ideas, business capacities, and other creative capabilities. Developing countries and advanced economies may both gain from this mobility if it is effectively and smartly managed. This volume, with original contributions from outstanding international experts in the subject, provides a novel analysis of the main determinants and development impact of talent mobility in the global economy.

Looking at how Latin American countries have coped with the 1994 Mexican crisis and the earlier debt crisis of the 1980s, this book reveals the full extent of what has come to be known as the tequila effect. Written by distinguished economists and financiers from Latin America, the Caribbean, and the United States, the volume also examines the social, political, and economic issues associated with ever-expanding trade and globalization.

The book opens with chapters considering the impact of the Mexican crisis on Argentina, Colombia, and Venezuela, and it provides an interesting account of the events leading up to the crisis itself. In the following section, the contributors examine issues of economic growth by considering such topics as the need for a new growth strategy, by comparing the Latin American and Asian economies, and by looking at the Cuban economy from a trading partner's perspective. The final section takes an indepth look at the complex issues of neoliberalist versus neopopulist thinking in shaping Latin America's economic policies for the 21st century.

In the early 1990s, Singapore, the Malaysian state of Johor, and the Riau Islands in Indonesia sought to leverage their proximity, differing factor endowments, and good logistics connections to market themselves as an integrated unit. Beyond national-level support in all three countries, the initiative had the support of state and provincial leaders in Johor and Riau, respectively. Now, however, the situation is markedly different. The Malaysian government and its Johorean equivalent have invested considerable resources in encouraging closer integration with Singapore. For its part, the Indonesian central government has been promoting special economic zones and export-oriented activities. However, the provincial government of the Riau Islands has turned away from export-oriented industrialization, preferring instead to promote cultural sub-nationalism and traditional economic activities such as fishing and small-scale farming. This development is counter-intuitive. Traditional fiscal federalism theory argues that decentralization encourages competition between provinces for investment, jobs, and growth. While Indonesia has undergone one of the world's most far-reaching decentralization reforms, Malaysia has pursued a consistent centralization campaign at the expense of state governments. Thus, we would expect the Riau Islands entrepreneurial drive to be unleashed, and Johor's to be smothered. However, Johor's drive for capital is undiminished, while the Riau Islands pursuit of investment has dissipated. This monograph will explore the reasons for this paradox.

"Southeast Asian Affairs, first published in 1974, continues today to be required reading for not only scholars but the general public interested in in-depth analysis of critical cultural, economic and political issues in Southeast Asia. In this annual review of the region, renowned academics provide comprehensive and stimulating commentary that furthers understanding of not only the region's dynamism but also of its tensions and conflicts. It is a must read." - Suchit Bunbongkarn, Emeritus Professor, Chulalongkorn University "Now in its forty-seventh edition, Southeast Asian Affairs offers an indispensable guide to this fascinating region. Lively, analytical, authoritative, and accessible, there is nothing comparable in quality or range to this series. It is a must read for academics, government officials, the business community, the media, and anybody with an interest in contemporary Southeast Asia. Drawing on its unparalleled network of researchers and commentators, ISEAS is to be congratulated for producing this major contribution to our understanding of this diverse and fast-changing region, to a consistently high standard and in a timely manner." - Hal Hill, H.W. Arndt Professor of Southeast Asian Economies, Australian National University

Engendered by renewed interest in development, "Growth and Development from an Evolutionary Perspective" is a result of recent work in the 'new growth theory' arena. This authoritative survey uses 'comparative analytical economic history' to trace the evolution of development theory from the Physiocrats and the classical School to Solow, Lewis, and Lucas and Roemer. Through outlining historical time, typological differences across developing societies, and the transition from agrarianism to modern economic growth, the book arrives at contemporary analyses and current policies. Theoretical sections develop a general system of growth equations that focus on the central role of technology change.Students can apply these equations to sub-phases of transition as well as to the modern growth epoch. Policy-oriented sections discuss contemporary concerns with distribution, poverty alleviations, and human development as they relate to growth over time. The book identifies the policy implications of the development process, comparing East Asian with Latin American cases. In considering future policy, the book demonstrates how political economy factors suggest and enhanced endogenization of policy choices.

The end of the Cold War, the cessation of superpower rivalry, and the demise of apartheid in South Africa have offered Africans another opportunity to engage in effective institutional reform and state reconstruction. This book emphasizes the importance of institutions to economic growth and development and, using public choice theory, provides guidelines that can be used to initiate and implement an effective people-driven institutional reform program on the continent.

This book provides a systemic and detailed monographic study of Chinese outbound migration. It not only breaks down the basic trends of this migration with respect to destinations and the like, but also analyzes its unique features, which include the largely middle- and upper-class makeup of emigrants and their investment activities overseas, particularly when it comes to buying property. The Chinese are the largest foreign buyers of real estate in the US, Canada and Australia. By explaining this and other special aspects of Chinese emigration and their impact on China and receiving countries, this book provides a fresh and interesting look at this important phenomenon.

Development Corruption in South Africa examines governance matters with a focus on corruption. This rich empirical body on governance variables and governance performance is a welcome addition to South African government literature.