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The financial crisis that swept across East Asia during 1997-1998 was devastating not only in its economic impact but also in its social and political effects. The explosive growth and sociopolitical modernization that had powered the region for much of the preceding decade suddenly were dramatically interrupted. East Asia is economically outperforming the rest of the developing world once again and has become a leading force in the global economy. In the wake of the crisis, East Asia changed in important ways. Crisis as Catalyst contains assessments of these changes-both ephemeral and permanent- by a wide range of specialists in Asian economics and politics. The crisis, as the contributors to this volume show, catalyzed changes across political, corporate, and social arenas both in the countries hit hard by the crisis and in others throughout the region. The authors of Crisis as Catalyst examine what has changed (as well as what has not changed) in East Asia since the crisis, explain these variations, and reflect on the long-term significance of these developments.
The first comprehensive work on globalization within the context of sustainable development initiatives in Africa.
For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is...
International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.
Presents a typology of migration-remittance systems. Discusses effects of remittances on economic development in migrant-sending countries. Points to the multidimensional ties that exist between migrants and the communities from which they originate.
This Handbook examines the theory and practice of international relations in Asia. Building on an investigation of how various theoretical approaches to international relations can elucidate Asia's empirical realities, authors examine the foreign relations and policies of major countries or sets of countries.
"Increased attention to the development potential of international migration has led to calls for greater global cooperation and for industrial countries to consider temporary worker programs and other options for increasing the number of immigrants admitted. But less attention has been devoted to policies that migrant-sending countries pursue migrant-sending countries pursue.
This book presents the technical aspects of an economic model used to examine issues of global economic significance, such as the impact on the world economy of changes in trade and environmental policy. The book provides a number of studies using the model to examine trade reform, growth and investment, climate change, natural resources, technology, and demographic change and migration.
Using first-hand interview data, Yang Jiang reveals the key trends of China's trade and financial politics after its WTO accession. In particular, she highlights the influence of competing domestic interests, government agencies and different ideas on China's foreign economic policy.