This volume is a compilation of important papers relating to the financial, governance and political economy structures of the region, using a variety of methods and topics. Following the Asian crisis and subsequent global financial upheavals, policymakers and academics issued cries for institutional reform at the state and firm level; in many cases, reform was actually implemented rather than simply rhetorical. This volume begins by addressing issues relating to corporate governance within firms located in East Asia and as entities participating in corporate ownership elsewhere. Next, the key issues of globalization are directly addressed, including foreign direct investment into the region, integration among Southeast Asian countries and with the rest of Asia, and multinational enterprise investment strategies in Asia following initial entry decisions. Finally, the macroeconomic policies of state actors, and the effects of economic growth are examined. Sample Chapter(s). Chapter 1: Introduction and Overview (54 KB). Contents: Introduction and Overview (Tony Cavoli, Siona Listokin and Ramkishen S Rajan); Entrepreneurship and Governance: Convergence in the Ownership and Governance of East Asian Firms (En-Te Chen, Stephen Gray and John Nowland); Asian and Non-Asian Institutional Investors and Proxy Access Proposals (Siona Listokin); Integration and Investment: Post-Foreign Entry Decisions by Global Retailers in Asian and Non-Asian Markets: Like or Unlike? (Sonia Ketkar); Intra-ASEAN FDI Flows and the Role of China and India: Trends and Determinants (Rabin Hattari, Ramkishen S Rajan and Shandre Thangavelu); Extent of Real Financial Integration in Asia: Some Patterns and Stylized Facts (Tony Cavoli); The Global Financial Crisis, Rise of China, and Changes in the Geographical Location of Control of Large Listed Companies (Ron McIver); Macroeconomic Policy: Intervention and Exchange Rate Regime Choice in Asia: Does the US Dollar Still Matter? (Tony Cavoli and Ramkishen S Rajan); Financial Instability Prevention (Andrew Hughes-Hallett, Jan Libich and Petr Stehlik). Readership: Academics, researchers, regulators and policymakers interested in economics, business and public policy in Asia.

Asian countries are undergoing rapid political, economic and social transformations; meanwhile, there is a growing demand for knowing more about Asia. This Major Reference Set is designed to help general readers as well as specialists to have a good grasp of the latest developments in Asia in the key areas of economic growth, trade, energy, environment, foreign policy and security.With 4 volumes, this set covers all major dimensions of Asia's political economy. Contributors include both scholars and practitioners who provide first-hand description and analysis of fundamental issues in Asia.Peace and political stability are of ultimate importance, with Asia at the forefront of wealth creation in the global economy. Volume 1 unpacks and examines the foreign policy strategies of key states and the role of regional institutions in responding to the security demands of an Asian century.Volume 2 studies the strong economic integration through trade and cross-border investment that has been essential to Asia. The region's future prosperity depends on it being able to remain open and outward-looking. As Asia grows larger and richer, more concerted efforts are required to surmount regional rivalry and to further strengthen the regional architecture of economic cooperation.Volume 3 looks at the emerging economies' thirst for energy that creates huge competition, around which domestic, regional, and international political economy unfolds. Climate change and aspiration for sustainable development further complicate the challenge.Volume 4 offers a comprehensive coverage of subjects on environment and sustainable development in Asia with case studies of selected and representative countries that are at different stages of economic development and facing different environment-related problems and challenges in the twenty-first century.This interdisciplinary set is a fine example of international cooperation, with contributors hailing from different parts of Asia as well as North America and Europe. It is a must-have for anyone keen on understanding Asia's dynamic and changing scene.

East Asia is widely regarded as the main "winner" in contemporary globalization, unscathed by the economic crisis of 2008, with its leading new industrializing nations and emerging economies. While 20th-century globalization was mainly led by the West, the 21st century is ushering in different dynamics. The re-emergence of Asia involves alternative visions of the world and different perspectives on globalization. This volume seeks to address these dimensions, turning to local reflexivities, notably in South Korea and China, to explore the key debates in sociology and political economy within East Asia rather than from an outside view.

Providing context-specific regional and national perspectives, this novel Handbook sets out to disentangle the considerable intellectual ambiguities that surround Asian public administration and Asia’s diverse applications of Western administrative models.

It is now apparent, especially in the aftermath of the regional financial crisis of 1997, that globalization has been impacting upon the Southeast Asian economies and societies in new and harrowing ways, a theme of many recent studies. Inadvertently, these studies of globalization have also highlighted that the 1980s and 1990s debate on democratization in the region which focused on the emergence of the middle classes, the roles of new social movements, NGOs and the changing relations between state and civil society might have been overly one-dimensional. This volume revisits the theme of democratization via the lenses of globalization, understood economically, politically and culturally. Although globalization increasingly frames the processes of democracy and development, nonetheless, the governments and peoples of Southeast Asia have been able to determine the pace and character even the direction of these processes to a considerable extent. This collection of essays (by some distinguished senior scholars and other equally perceptive younger ones) focuses on this globalization democratization nexus and shows, empirically and analytically, how governance is being restructured and democracy sometimes deepened in this new global era. A historical review introduces the volume while an analytical assessment of the ten case-studies concludes it.

South Asia has experienced a long period of robust economic growth. While many regulatory policies have helped usher in this prosperous growth, some markets have plateaued due to hardships such as the decline in foreign remittance and international credit lines, and a contraction of exports. To continue to grow, the nations in this region must begin to integrate into the globalized world economy. Financial Market Regulations and Legal Challenges in South Asia addresses the difficulties and challenges of the regulatory environment in South Asia. This research-based publication outlines the apparent issues and resolutions as these developing nations transition into global economic players. This book is an excellent resource for policy makers, researchers and students in the financial field, government officials, bankers, and financial market regulators.

China's rapid and sustained growth over last thirty years has propelled it to become the world's second largest economy today and potentially the largest in the foreseeable future. As one of the first major economies pulling out of recession and the last remaining major socialist country in the world today, China presents a challenge to established thinking on the essential primacy of global capitalism and the settled nature of the world system - as China becomes more integrated into the world economy and the international system, both are themselves potentially transformed as a result of China’s involvement. This book explores a wide range of issues connected with the impact of China on the global economy and the prevailing international system. Subjects covered include China’s multinationals, international acquisitions, the exchange rate, research and development and technology transfer, China’s emerging major business groupings, and small and medium sized enterprises.

Significant historical and geographical differences account for the many processes and trajectories of regional development in East Asia. These historical and geographical specificities in East Asia have prompted serious re-examination of existing theories in regional development, and in particular the "new regionalism" approach associated with such ideas as the learning region, institutional thickness, relational assets, and regional innovation system. This book brings together a group of leading researchers specializing in local and regional development in East Asian economies. Through in-depth empirical studies of specific regions and localities, these authors offer fresh and innovative perspectives on how regions evolve and develop over time in the world’s most dynamic macro-regional economy. In particular, their work points to the critical importance of local and trans-local processes in shaping regional development trajectories. The book is timely given that the debate on the nature and dynamics of regional development in both academic and policy circles has now moved on. From the earlier focus on endogenous regional assets (such as localized networks of association and trust), scholars and policymakers are now analyzing the complex relationship between economic globalization and regional change. This high calibre collection makes a significant contribution to the literature on local and regional development in Asia and provides an important resource for researchers, students, and policy makers interested in East Asia. This book was published as a special issue of Regional Studies.