|
Showing 1 - 7 of
7 matches in All Departments
The Asian model of export-led growth served it well in the post-war
period, but prolonged sluggish growth of the developed economies
following the global financial crisis, together with growing
inequality and rising environmental problems, point to the need for
a new growth model. The purpose of this book is to describe the
challenges facing Asian economies in the post-global financial
crisis environment and to identify structural issues and policies
that can help guide Asian policymakers to expand the growth
potential of domestic and regional demand in coming years, and
thereby create a basis for balanced, sustainable, and inclusive
long-term growth. These issues and policies span a variety of
dimensions, including macroeconomic policy (monetary, fiscal, and
foreign currency management), real sector issues (trade and
industrial structure), infrastructure development, labor market and
social policy, financial sector reform and regulation, and regional
cooperation and architecture. Key recommendations to achieve these
goals include measures to: deepen social protection to support
social resilience; increase infrastructure investment to create a
"seamless Asia"; enhance productivity in the services sector;
establish a region-wide free trade agreement to encourage
intraregional trade in goods and services and investment through
economies of scale and dynamic efficiency of a larger market;
promote a shift to a low-carbon society and support green growth;
and deepen and integrate financial markets to facilitate the
recycling of Asia's high savings for investment within the region.
The structure and policy architecture of the world economy, as it
emerges from the historic challenges now underway, will be affected
by the dramatic rise of Asian economies and deepening connections
among them. This important book examines the rapid transformation
of the Asian economy, the challenges it faces, emerging regional
solutions, and how Asia can play a more constructive role in the
global economy.Asia is becoming not just the world?s factory, but
also its leading creditor, and one of its key sources of dynamism
and stability. Key questions are identified and addressed in three
areas: Asia?s growth and productivity, financial stability, and
regional economic integration. In each of these areas, the
contributing authors evaluate current trends and the forces shaping
the future. They consider whether the region?s progress is
sustainable and what it will take to make it so. How is Asia
reshaping its economy in response to the changing global landscape?
More urgently, how can Asia weather the severe financial and
economic storm originating from the global credit crisis? How will
it extend its gains to people left behind? And how can it
contribute to better governance and greater prosperity in the world
economy? This book covers new ground by connecting theory,
assembling detailed evidence on trends and challenges, and offering
forward-looking policy prescriptions.This timely book will appeal
to Asian economic policy-makers as well as postgraduate students
interested in Asian economies, international economics and regional
integration. Staff of international and regional organizations
interested in Asian economies will also find this book invaluable.
The Asian model of export-led growth served it well in the post-war
period, but prolonged sluggish growth of the developed economies
following the global financial crisis, together with growing
inequality and rising environmental problems, point to the need for
a new growth model. The purpose of this book is to describe the
challenges facing Asian economies in the post-global financial
crisis environment and to identify structural issues and policies
that can help guide Asian policymakers to expand the growth
potential of domestic and regional demand in coming years, and
thereby create a basis for balanced, sustainable, and inclusive
long-term growth. These issues and policies span a variety of
dimensions, including macroeconomic policy (monetary, fiscal, and
foreign currency management), real sector issues (trade and
industrial structure), infrastructure development, labor market and
social policy, financial sector reform and regulation, and regional
cooperation and architecture. Key recommendations to achieve these
goals include measures to: deepen social protection to support
social resilience; increase infrastructure investment to create a
"seamless Asia"; enhance productivity in the services sector;
establish a region-wide free trade agreement to encourage
intraregional trade in goods and services and investment through
economies of scale and dynamic efficiency of a larger market;
promote a shift to a low-carbon society and support green growth;
and deepen and integrate financial markets to facilitate the
recycling of Asia's high savings for investment within the region.
Crisis and Recovery: Learning from the Asian Experience is a
collection of selected articles related to the Asian experience
with two crises - the Asian financial crisis in 1997-98 and the
global financial crisis of 2007-08 - written by Dr Jong-Wha Lee,
former chief economist of the Asian Development Bank. These papers
are grouped into three broad topics: Anatomy of Asian Growth and
Crises, Asian Financial Crises: Responses and Lessons, and Global
Financial Crisis and Challenges to Asia's Sustained Growth.The
topics include the relation of the East Asia's development
strategies with the 1997-98 Asian financial crisis, the causes of
the Asian financial crisis, the desirability of IMF programs, the
assessment of recovery and structural reforms, the process of
spillovers of the global financial crisis to Asia, regional and
global economic linkages, the role of China and the renminbi, and
the long-term growth projections of Asian economies.The research
collected in this book will be very useful for policymakers who
want to learn from the Asian experience with the crises and it is a
key contribution to ongoing research and policy debates on the
future of Asian economies.
Is This the Asian Century? comprises 25 articles which the author
has published on the Project Syndicate website since 2012. These
articles are grouped into four broad topics: (1) Growth and
Structural Adjustment, (2) Economic Integration and Cooperation,
(3) Business, Money, and Finance, and (4) Education and Society.
Through these selected works, the author explores whether the Asian
Century is coming to pass or not and how Asian economies prepare
for such century. The author also presents his analyses of Asia's
economic transformation as well as social and cultural changes, and
suggests the ways that Asian economies can overcome major economic
and social challenges to continue their path towards a more
balanced and sustainable growth in the 21st century.This book
serves as a useful reference text for those who seek to understand
the Asian economies, and contributes to ongoing policy debate on
Asia's economic future.
Education has significant and far-reaching effects not only on
individuals, but also on the societies in which they live and to
which they contribute. The education level of a population affects
how a country supports itself and others and the degree to which it
can participate in the global field. While everyone from
politicians to policymakers to celebrities has stressed the
importance of education, there has not been-until now-a vigorous
yet comprehensible examination of data to support what has long
been common knowledge: education matters. In Education Matters:
Global Gains from the 19th to the 21st Century, renowned economists
Robert Barro and Jong-Wha Lee present a revolutionary new data set
on education in 146 countries since 1870 and projected through
2040. With case studies from the United States, China, and Korea,
Barro and Lee evaluate schooling both quantitatively and
qualitatively and assess the role of education in political
development. The book also addresses sensitive and controversial
topics, such as international disparities in education and the role
of education in modernization and development. Both challenging and
enlightening, Education Matters has exciting implications for the
future of education and promises to be a ground-breaking work in
the fields of economics and educational attainment. In this
comprehensive study, Barro and Lee establish the critical role that
education plays - particularly for women and girls - in economic
growth, fertility, and democracy. Engaging and informative,
Education Matters is a compelling read for students, scholars, and
anyone with a passion for education.
To recover from recession, the global economy must rely on the
strong performance of developing Asian economies, and it has become
clear not only in Asia that regional cooperation and integration is
key to regional economic development. Heavily reliant on external
demand as an impetus to growth and closely linked to global
financial markets, Asian economies are becoming closely integrated
through trade, investment, and financial transactions. But how
closely integrated are they, and what are the real benefits of
integration?
In line with its goal to foster economic growth and cooperation in
the region, the Asian Development Bank, with Robert J. Barro and
Jong-Wha Lee, have collected a formidable group of scholars to
tackle the issues related to these questions. Costs & Benefits
of Economic Integration in Asia offers quantifiable results from
the field's top economists on cooperation and integration in the
areas of trade, investment, and finance in Asia. Appealing to
scholars, policymakers, and interested general readers, the book is
an authoritative diagnosis of initiatives seeking to promote
regional economic integration. It examines two broad divisions of
cooperation and integration: monetary and financial, and trade and
investment. Specific enquiries include such topics as comparisons
to other regions such as Eastern Europe and Latin America, the
effects of regional free trade agreements on overall trade and
welfare, the distribution of benefits of unevenly distributed
resource wealth among the region's economies, the possibility and
desirability of an East Asian currency union, business cycle
synchronization and its relationship with inflation targeting
regime and trade, pre-World War I Asian monetary systems, the
computation of the extent of foreign and domestic content in a
country's exports, and many more.
After financial disaster, the world's economy is changing
drastically, and Asia will play a pivotal role in how these changes
occur. Costs & Benefits of Economic Integration in Asia is an
essential reference on the controversy and consensus on economic
integration, and how it will influence individual Asian countries,
the region as a whole, and the world, for decades to come.
|
You may like...
Tenet
John David Washington, Robert Pattinson
Blu-ray disc
(1)
R54
Discovery Miles 540
|