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Emerging States at Crossroads (Hardcover, 1st ed. 2019)
Loot Price: R1,648
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Emerging States at Crossroads (Hardcover, 1st ed. 2019)
Series: Emerging-Economy State and International Policy Studies
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Total price: R1,668
Discovery Miles: 16 680
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This book is open access under a CC BY-NC-ND license. This volume
analyzes the economic, social, and political challenges that
emerging states confront today. Notwithstanding the growing
importance of the 'emerging states' in global affairs and
governance, many problems requiring immediate solutions have
emerged at home largely as a consequence of the rapid economic
development and associated sociopolitical changes. The
middle-income trap is a major economic challenge faced by emerging
states. This volume regards interest coordination for technological
upgrading as crucial to avoid the trap and examines how various
emerging states are grappling with this challenge by fostering
public-private cooperation, voluntary associations of market
players, and/or social networks. Social disparity is another
serious problem. It is deeply rooted in history in the emerging
states such as South Africa and many Latin American countries.
However, income distribution is recently deteriorating even in East
Asia that was once praised for its high economic growth with
equity. Increasing pressure for political opening is another
challenge for emerging states. This volume argues that the
economic, social, and political problems are interwoven in the
sense that the emerging states need to build political consensus in
order to tackle the economic and social difficulties. Democratic
institutions have not always been successful in this respect.
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