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This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies OCo Japan, Korea, Taiwan, and Singapore OCo with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development."
Since the early 2000s, almost every great, middle and even small power has developed a tendency to deepen their relations in the Asia-Pacific region. This tendency is also valid regarding international and regional organizations. In addition to state actors, non-state and even sub-state actors have assigned a certain value to this region in their strategic calculations. With such a tilt, Asia-Pacific actors have become a focal point of global politics. The increasing significance of the region has been boosted by the rising Asian powers, such as China, India, Japan, Australia, South Korea, and Indonesia. With all this dynamism, extra-regional actors have increased their economic, political, ...
This book presents effective strategies for developing countries to leverage their public sector demand for manufactured imports to promote industrialization, trade, and technology transfer. Technology transfer and its absorption is considered one of the most crucial and complicated challenges for developing countries, which are characterized by insufficient infrastructure, low technological intensity of the domestic capital stock, and high levels of manufactured imports. Which strategies and policy tools can governments employ to link demand with technology transfer, thereby enhancing absorption capacity and development in emerging economies? This book is part of a broader project launched ...
This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies ? Japan, Korea, Taiwan, and Singapore ? with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development.
This book discusses national development planning in the context of a globalized world economy. National economic development planning, the process of defining strategic economic objectives for a country and designing policies and institutional frameworks to attain them, was popular in many countries in the 1960s and 1970s. Over time it lost its appeal. More recently, with globalization accelerating and economic competition increasing, it is making a comeback in different countries under different forms. National planning in this new era is different than the earlier quantitative planning approaches. It employs different tools, such as strategic visions and action plans, revived forms of physical infrastructure planning, industrial policy, and cluster policy. Built on the research of international scholars with firsthand knowledge of the countries in question, this volume presents and evaluates current national planning strategies and policy worldwide. It will be of interest to both academicians who study and teach globalization and development as well as policy makers who may use it as a reference as they contemplate their own strategies.
Providing an overview of industrial development using a variety of different approaches and perspectives, the Handbook of Industrial Development brings together expert contributors and highlights the current multiple and interdependent challenges that can only be addressed by an interdisciplinary approach. Chapters discuss the existing issues faced by industry following both the digital and environmental transitions, highlighting their regional roots and the interplay with the wider institutional framework.