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East Asian policies that fostered economic growth, reduced poverty, and raised living standards are the main theme of this cogent overview. Seven newly industrialized economies (NIEs) are described and compared. They are Hong Kong, Indonesia, Korea, Malaysia, Singapore, Taiwan, and Thailand. These country studies examine the macroeconomic policies common to NIEs. They review the highly flexible government interventions that succeeded in developing key industries and the more aggressive interventions that led to failure. The role foreign direct investment plays in producing dramatic growth is also discussed. Also available in Spanish (ISBN 0-8213-2743-7) Stock No. 12743.
A full acknowledgement of the dangers of analysis by hindsight leaves one with a simple question: if the origins of the Asian financial crisis lie in the structural flaws in the Asian financial system, then why did it occur when it did? What in the economic structure or fundamentals changed between the Asian Miracle and the Asian Crisis? Some slowdown in East Asian growth was probably inevitable after the fast pace of the preceding three decades. But the slowdown interacted badly with the highly-leveraged financial system. The crisis was the result. Asia Pacific Economic Co-operation (APEC) is about the things that can help the region put in place the policies and the infrastructure, human and capital, for sustainable growth over the coming years. The international community can play a role in supporting the process of reform. This book briefly assesses the Asian crisis, discusses financial systems for recovery, and the role of investment and trade flows and policies.
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The global centre of gravity continues to shift to the Asia-Pacific, the most dynamic region in the world. These economies have generally grown faster for longer periods of time than any other major region in world history. Their embrace of globalization has been a central feature, and driver, of their dynamism. The management of Asia-Pacific economic integration and globalization is crucial not only for the countries themselves but also for the state of the global economy, including importantly latecomer developing economies who look to the region for analytical and development policy lessons. Twenty-eight leading international authorities in the field, drawn from nine countries, provide a ...
This book presents stimulating new perspectives on three key sets of issues: a fair globalization, the policies that might be adopted in response to protectionist pressures, and sustainable development policies involving G7 and G20 actions to lay the foundations for renewed trust. The individual topics addressed within this framework are wide ranging. Examples include globalization and national inequality, globalization and policies for inclusive growth in developing countries, the sources of controversies regarding trade agreements and their effects, the impact of new U.S. commercial policies on the world trading system, real convergence in the Euro area, and the causes of Brexit. The book comprises a selection of contributions presented at the XXIXth Villa Mondragone International Economic Seminar. In offering contrasting points of view on topics of high current interest, it will appeal to academics, policymakers, and economic experts at institutions.
This study describes a strategy to reduce poverty by boosting labor productivity and economic growth. It focuses on Uganda's two key sectors, agriculture and industry. The strategy seeks to make Uganda a self-sufficient food producer and a major crop exporter. It also advocates policies that would make the nation less dependent on imports and better at marketing its own products. Some suggestions include ways to improve labor markets, raise agricultural output, and broaden the tax base. Other recommendationsdiscuss ways to develop the financial sector and spur savings and investment. Also examined are the government's economic adjustment policies and their effects on the poor. Analysts point out the different ways that poverty affects men and women. The study also discusses how to increase public funds for social services that would improve the labor force. It recommends policies that will help women become full partners in Uganda's development. Tables and other illustrations throughout the text provide detailed statistics on Uganda's economic status. Topics include crop yields, poverty indicators, gross domestic product, and public sector expenses.
Trata de como prevenir a crise nos bancos, estudando vĂ¡rios casos de bancos que quebraram no mundo.
This is the first volume ever published to examine the objective and subjective qualities of Korean life from both comparative and dynamic perspectives. It presents non-Western policy alternatives to enhancing the quality of citizens' lives, distinguishing Korea as an Asian model of economic prosperity and political democracy. It is intended for academics and policymakers interested in recent developments in Korea.