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Systemic Vulnerability and Sustainable Economic Growth - Skills and Upgrading in Southeast Asia (Hardcover)
Loot Price: R3,153
Discovery Miles 31 530
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Systemic Vulnerability and Sustainable Economic Growth - Skills and Upgrading in Southeast Asia (Hardcover)
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Total price: R3,173
Discovery Miles: 31 730
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For many developing countries economic growth is an elusive quest.
Both economists and policymakers have long known that issues such
as education, investment and infrastructure are necessary
ingredients for development and yet only a very small number of
countries seem to be able to come up with the right mix of these
ingredients. Bryan Ritchie demonstrates how political relationships
among government, business, academic and labor leaders create
different incentives for economic actors to make key decisions to
promote economic upgrading and sustainable development. He reveals
how these decisions affect matters such as bureaucratic structures,
the language of education, a focus on technology and innovation,
and the inclusion of labor in business strategy. These shape the
institutional structures that in turn create the foundation of
government policy. This insightful study shows that whether the
political relationships that form are beneficial, or detrimental,
to economic upgrading depends critically on levels of systemic
vulnerability, a combination of resource endowments, domestic
conflict and external military security. Systemic Vulnerability and
Sustainable Economic Growth will be warmly welcomed by academics
and researchers of political science, economics - development
economics particularly - and Asian studies. Policymakers will find
invaluable insights in to how government bodies can successfully
incorporate actors from the private sector. The book will also
appeal to business leaders wishing to know why policymakers act the
way they do.
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