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Uses a distinctive approach to understanding macroeconomics for emerging East Asian economies using the latest data and case study analysis.
Eastern Turkestan, now known as Xinjiang or the New Territory, makes up a sixth of China's land mass. Absorbed by the Qing in the 1880s and reconquered by Mao in 1949, this Turkic-Muslim region of China's remote northwest borders on formerly Soviet Central Asia, Afghanistan, Kashmir, Mongolia, and Tibet, Will Xinjiang participate in twenty-first century ascendancy, or will nascent Islamic radicalism in Xinjiang expand the orbit of instability in a dangerous part of the world? This comprehensive survey of contemporary Xinjiang is the result of a major collaborative research project begun in 1998. The authors have combined their fieldwork experience, linguistic skills, and disciplinary expertise to assemble the first multifaceted introduction to Xinjiang. The volume surveys the region's geography; its history of military and political subjugation to China; economic, social, and commercial conditions; demography, public health, and ecology; and patterns of adaption, resistance, opposition, and evolving identities.
With the coming of so-called G2 era, guaranteeing cooperation with China is a rising strategic task when it comes to the North Korean problem and Korean reunification. There is a clear limit, however, in guaranteeing Chinese cooperation due to the Republic of Korea (ROK) and China’s different perceptions on Korean reunification while economic interdependence between these two states is increasing. In international society, cooperation could be achieved on the basis of shared interests, but issue by issue, shared interests in and of themselves may not be enough. “Strategic leverage,” in other words, might be necessary in order to induce some kind of inter-state cooperation. This researc...
Xinjiang, the vast northwestern region comprising one sixth of the PRC today, borders on India, Pakistan, Afghanistan, Tajikistan, Kyrgyzstan, Kazakstan, Russia and Mongolia. Since antiquity it has stood at the crossroads between China, India, the Mediterranean and Russia. In recent decades its historic silk road linkages have grown increasingly global, with issues of energy, development, separatism and terrorism bringing the region into the news. James Millward draws on primary sources and scholarly research in several European and Asian languages to provide the first general account in English of the history of Xinjiang and its peoples from earliest times to the present. He discusses Xinji...
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The future growth and development of Asia OCo the most dynamic economic region in the world today OCo will have important implications for the rest of the global economy. This book offers a futuristic perspective of a wide array of developmental challenges and opportunities facing Asian economies over the next two decades. The future is approached from several different developmental paradigms including technological change and innovation, regional cooperation within Asia and between Asia and the West, poverty reduction, ethics and corruption, and environmental challenges. Future prospects for the two giant economies of China and India are also explored. By offering a comprehensive look at t...
This text aims to shed light on the country's rapid industrialization and internationalization by looking at questions such as: Can China sustain its accelerated rate of growth? and Can labor supply be sustained at a relatively low wage rate?
Regional economic integration has become a key force in international commercial policy in the 2000s. Europe has traditionally embraced regionalism; the United States became actively involved in preferential trading arrangements only in the 1980s. While Asia has been late in accepting formal regional economic integration accords, all Asian countries are now in the process of creating various free-trade areas and other forms of economic integration programs, and some are already in place. This volume analyzes the regionalism trend from an Asian perspective. It considers the lessons from, and the economic implications of, various economic integration programs in the OECD (mostly the EU but also NAFTA), as well as the proposals for closer economic integration in the region itself. Chapters deal with both real and financial integration issues.
The book analyzes the nature of Chinese economy which enables it to go through the financial tsunami pretty unscathed. It discusses the stimulus package designed by the Chinese government to keep the economy on course, as well as its results — both positive and negative aspects in the middle and long term.The 2008-09 financial crisis makes it very clear that we need a two-pronged approach to deal with the situation, namely governments need a) to take quick and decisive actions to stem any further deterioration in financial systems; b) to revamp their economies by refitting existing engines in the real economy. China, as the third largest economy in the world, and with its robust domestic c...
This book is a compendium of papers on various new movements that emerged after the Asian financial crisis, which lead to Asia becoming the enhanced growth center of the world. Beginning with the analysis of the Asian crisis and the subsequent capital flight, the book goes on to study the impact of these events on the Hong Kong economy, the role of the government in Indonesia and financial restructuring in Thailand. The book then explores the new movement of regional cooperation, such as Free Trade Agreement, and financial cooperation and integration. On the real side of the economy, the book delves into issues such as cooperation between Japan and China, development of the Greater Mekong sub-region, growth of China, fiscal coordination in Korea, technological network in East Asia, and growth and inequality in Vietnam.