The rapid development of Pacific Asia over the past twenty years offers an excellent opportunity to analyze the dynamics of economic growth. Trade and Structural Change in Pacific Asia explores the nature and causes of changes that have occurred in the economic structure of Pacific Asia, the relationship between these changes and economic growth, and the implications of these changes for trading relationships. Themes in the research reported here includes the sectoral composition of output and trade; rates of structural change in production and exports and their relation to economic growth; the effect of abundant resource endowments on industrialization and manufactured exports; the nature of the mix between active government policies and market forces; and the balance between demand-determined and supply-determined industrialization and exports. Many of the issues explored have important implications for United States foreign economic policy, and the volume includes a look at the basic economic and political forces influencing shifts in United States trade policy in the postwar period. A timely and informative analysis, the volume probes the causes and consequences of economic growth in Pacific Asia, focusing on the interaction of exports of manufactured goods and the developmental process. The results reported contribute to ongoing research in structural change and economic policy and will be important to economists working on empirical patters in international trade and the process of economic development.

In surveying the vast range of writing on the East Asian NIEs and their development paths, this book evaluates the competing roles of neo-classical approaches and central government intervention in guiding economic development.

Globalization and Development is a "cross-national study" on the "interstate dispersion" of the impacts (on growth, inequality and poverty) that international economic integration provides to the economies of the developing countries. In order to present the "Leading Issues in Development with Globalization" in a balanced manner, to identify differences and commonalities among "Country Experiences" in development with globalization, and to introduce diversified development paradigms with forward-looking discussions "In Search of a New Development Paradigm" for the post-MDGs era, this publication consists of three volumes and four main parts. Volume II (Part III) presents the country case studies of Bhutan, China, Indonesia, Japan, Thailand, Vietnam, and Ghana, with their respective experiences of development under globalization. An additional chapter that describes the overall African experience under globalization is included, reflecting the recent emergence of Africa as the global target of investment. This book intends to serve as a unique and comprehensive guide for those in the international development community on the subjects of diversified development paradigms/paths under globalization and other challenges in the post-MDGs era.

This is the first systematic economic study of the nature, operation and contribution of entrepreneurship to the growth of Hong Kong. The author argues that the success of Hong Kong is due to adaptive entrepreneurship.

A role model for late industrializing countries, Taiwan provides unique and interesting development lessons for third world countries. Once a poverty-stricken, resource-poor, technologically backward nation, Taiwan has become the hub of a global production network in many high tech industries with increasing significance in the world economy. In ten outstanding essays, written by highly respected economists, this book analyzes Taiwan's postwar economic development path, providing a valuable case study of its structural transformation from a labor-intensive to a technology-intensive economy. The book addresses three major topics. First it recaptures the lessons of Taiwan's experience. Then it considers the role of foreign investment on structural transformation and globalization. Finally, it examines Taiwan's economy in a global perspective, evaluating its role in the world market from the past to the future and its evolution from a colony to a newly industrialized country.

For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. This project on developing country debt, undertaken by the National Bureau of Economic Research, provides a detailed analysis of the ongoing developing country debt crisis. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The project analyzes the crisis from two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries (volumes 2 and 3). This third volume contains lengthy and detailed case studies of four very different Asian countries—Turkey, Indonesia, Korea, and the Philippines.

This book brings together studies conducted by researchers in East Asian countries who seek to better understand the impact of China s rise and the consequent policy challenges. The expert contributors illustrate that the rise of China and its integration with the rest of the world is one of the most important developments in the global economy. Over the past thirty years or so, China s economy has grown at nearly ten percent per annum with the expansion of the modern, export-oriented industrial sector, to become the third largest economy in the world and the second largest in trade. This book reviews the economic growth of East Asian countries since the 1990s and the various impacts that the rise of China has had on these countries. In particular, it addresses policy challenges faced in coping with the rise of China and maintaining economic growth. This timely book will strongly appeal to academics and researchers focusing on East Asia and China as well as those interested in international trade, development and economic growth.

The authors consider how the Asia-Pacific economies have developed since the financial crises and highlight two inter-related themes: the effect of global forces on the national Asian economies and the different development paths of these economies as they jointly enter this new phase. Questions raised by the book include: * is globalization a threat to development and prosperity in the Asia-Pacific or did globalization rather facilitate and accelerate the pace of industrialization among late industrializers in the region? * is there a single Asia-Pacific development model or did the crisis show this to be false? * did the financial crisis reveal structural weaknesses in an Asia-Pacific state-led model or was state leadership already in demise? Development and Structural Change in Asia-Pacific provides a useful and relevant account of how the global economy has led to structural changes within Asian economies

Providing an examination of civil-military relations in China, this book reflects the changes taking place in Chinese society and their impact on the civil-military dynamic. It explores issues, such as the impact of AIDS, the defense budget, the emerging dynamic between the military and China's leadership, the role of the militia, and more.

Volume I of the series on ASEAN-China Relations focused on trends and patterns in bilateral economic relations between ASEAN countries on the one hand, and China on the other. Volume II focused on macroeconomic and institutional developments in China and in selected sectors in ASEAN and China, and their implications for bilateral economic relations. This third volume focuses on developments in the global arena and in the Pacific and their impact on bilateral economic relations between ASEAN and China. The papers cover the following - economic developments in the Pacific region, the economic role of Japan and the United States, industrial restructuring in the Asian Newly Industrializing Economies, the special role of Hong Kong, prospects for Pacific economic cooperation, and China's membership in GATT.