East Asia has been an area of high economic growth for several decades. The East Asian High-Tech Drive argues that to maintain the growth momentum, the more advanced East Asian economies need to pay particular attention to policies designed to upgrade their industrial capabilities. The authors argue that effectively functioning institutions, predictable commercial policies, investments in human capital and infrastructure, openness and macroeconomic stability are essential for growth and technological development. Regarding the two lower income economies in the sample, Indonesia is found to have the smallest improvement in the skill intensity of its exports, while the Philippines has registered the slowest economic growth. For both countries, industrial upgrading issues are not as imperative as achieving or regaining rapid, labour-intensive growth as both recently experienced major political instabilities.Yun-Peng Chu and Hal Hill have gathered together a strong and cohesive collection of papers written by country experts on the issue of high-tech industrialization in East Asia. They present case studies of Singapore, Korea, Taiwan, Malaysia, the Philippines, Thailand, the PRC and Indonesia. The book uses a new measure of the skill intensity of exports that, it is argued, deepens our understanding of industrialization trajectories in this important and dynamic region. There are also detailed examinations and assessments of government policies in each economy. The editors have prepared an overview chapter that summarizes and integrates the main results of cross-country comparisons in a coherent manner. Academics, scholars and researchers of economic development, industrial and technology studies and Asian studies will all find much to engage them within this book.

This volume presents a scholarly insider's perspective on the Asian economic crisis, examining the social, economic and political consequences of the crisis in six influential Asian economies: Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand. Each chapter contains an analysis of the events leading up to and during the crisis, the social impacts and an assessment of possible futures for these countries. The contributors expertise and use of up-to-date data ensures an integrated approach by which the process of economic change can be understood.The book reveals that professional workers in the urban financial sector, as well as manual labourers in the export sector, felt the most dramatic effects. Impacts on the latter group resulted in a significant rise in the population living below the poverty line. The book emphasises the previous absence of strong social security 'nets' and the need to strengthen macroeconomic policies and institutional, legal, regulatory and supervisory structures. Other topics covered include intractable government corruption and fiscal management. The Social Impact of the Asian Financial Crisis has a unique perspective that will ensure greater understanding of the causes and consequences of the crisis in six major economies and as such will appeal to academics, researchers and policymakers involved in Asian politics and development economics.

This important book uses the most recent advancements in growth theory and case studies to examine the status of economic and political development at the turn of the 20th century. The book first provides an overview of the process of economic development in light of endogenous growth theory. The authors then explore the sources of economic development in East Asian countries, including the role of capital accumulation, international trade, pre-takeoff conditions and intersectoral relations. Pre war Japan is used as a case study to examine the role of industrial structure in accelerating economic development. The contributors then discuss the implications of economic development for income distribution in labor-absorbing economies and newly industrialized countries as well as examining household income distribution in Taiwan. Inequality is analyzed in the context of a developing country experiencing hyper-inflation. The influence of institutions, such as the Bretton Woods system, on developing countries' growth potential is also examined and case studies of Kenya, Uganda, and Sri Lanka are used to explore the role of politics and conflict in the process of economic development. The Political Economy of Comparative Development into the 21st Century will be essential reading for scholars of the economics and politics of development.

Exploring the thorny issues of industrial organisation, competition policy and liberalization in the Asia-Pacific region, this book examines the ways in which governments regulate business. Using case studies from China, the USA, New Zealand, Thailand, Malaysia and Japan, the authors take a comparative look at the evolution of policies and their implementation on the ground.
With a specific focus on the energy, transport and telecommuncations sectors, this book represents the most up-to-date analysis of the ways in which governments in the Asia-Pacific are coping with rapid industrial and economic change.

Exploring the thorny issues of industrial organisation, competition policy and liberalization in the Asia-Pacific region, this book examines the ways in which governments regulate business. Using case studies from China, the USA, New Zealand, Thailand, Malaysia and Japan, the authors take a comparative look at the evolution of policies and their implementation on the ground.
With a specific focus on the energy, transport and telecommuncations sectors, this book represents the most up-to-date analysis of the ways in which governments in the Asia-Pacific are coping with rapid industrial and economic change.

Over the past four decades, Taiwan has achieved remarkable economic growth. In this important book, a distinguished group of contributors employs a comparative perspective to explore the reasons behind and the lessons to be learned from Taiwan's success. Included in the analysis is an insight into the strategy for economic development, the effectiveness of import substitution and the influence of foreign firms in Taiwan's development. The contributors also analyze the implications of development for income distribution and assess the effect of economic growth on inequality, female labor force participation and income mobility. The possibilities for a more even income distribution are then examined within the context of technological progress and a better education system. Finally, the authors explore the institutional foundation for industrialisation and the relationship between democratization and economic development in order to help explain Taiwan's extraordinary achievement. This book will be of great interest to scholars of Asian studies, development studies and international economics.