Structural Change And Development In Pacific Asia
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Author | : Jesus Felipe |
Publisher | : Anthem Press |
Total Pages | : 369 |
Release | : 2010 |
Genre | : Business & Economics |
ISBN | : 0857289586 |
'Inclusive Growth, Full Employment, and Structural Change: Implications and Policies for Developing Asia' discusses policies to achieve inclusive growth in developing Asia, including agriculture, investment, certain state interventions, monetary, fiscal, and the role of the state as employer of last resort. Felipe argues that full employment of the labor force is the key to delivering inclusive growth. Full employment is the most direct way to improve the well-being of the people, especially of the most disadvantaged. Since unemployment and underemployment are pervasive in many parts of the region, Asian leaders must commit to the goal of full employment. The book also analyzes the region's phenomenal growth in recent decades in terms of structural transformation. Accelerating it is vital for the continued growth of developing Asia. But efforts to achieve full employment might be held back given that structural transformation requires massive labor shifts across sectors, and these are difficult to coordinate. Moreover, the goal of full employment was abandoned in the 1970s, and governments and central banks have since concentrated on keeping inflation low.
Author | : Saumik Paul |
Publisher | : Brookings Institution Press |
Total Pages | : 0 |
Release | : 2018-12-18 |
Genre | : Business & Economics |
ISBN | : 4899741006 |
Simon Kuznets’ views about the inverted-U relationship between inequality and development and the process of structural transformation have long been under the lens of researchers. Over the last 20 years, immense potential for growth in Asia has been facilitated by structural transformation. However, it remains undecided whether the contribution of structural transformation will stay as a crucial factor in determining potential productivity growth and income distribution. This book brings together novel conceptual frameworks and empirical evidence from country case studies on topics related to structural transformation, globalization, and income inequality.
Author | : Martin Andersson |
Publisher | : Routledge |
Total Pages | : 280 |
Release | : 2003-09-02 |
Genre | : Business & Economics |
ISBN | : 1134409397 |
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
Author | : Chinese University of Hong Kong |
Publisher | : |
Total Pages | : 560 |
Release | : 1996 |
Genre | : History |
ISBN | : |
The book provides a comprehensive appraisal of the interplay between global structural adjustments and the changing role and configuration of Asia's world cities at the close of the twentieth century, with emphasis on the functional importance and complexity of world cities in the global and regional economies.
Author | : Yŏng-chʻŏl Pak |
Publisher | : |
Total Pages | : 90 |
Release | : 1989 |
Genre | : Pacific Area |
ISBN | : |
Author | : Rajah Rasiah |
Publisher | : Routledge |
Total Pages | : 168 |
Release | : 2013-09-13 |
Genre | : Business & Economics |
ISBN | : 1135703205 |
Existing accounts of East Asia’s meteoric growth and structural change has either been explained as one dictated essentially by markets with strong macroeconomic fundamentals, or a consequence of proactive governments. This book departs from such a dichotomy by examining inductively the drivers of the experiences. Given the evolutionary treatment of each economic good and service as different, this book examines technological catch up with a strong focus on the industries contributing significantly to the economic growth of the countries selected in Asia. The evidence produced supports the evolutionary logic of macro, meso and micro interactions between several institutions, depending on the actors involved, structural location and typology of taxonomies and trajectories. The book carefully picks out experiences from the populous economies of China, India and Indonesia, the high income economies of Korea and Taiwan, the middle income economies of Malaysia and Thailand, and the transitional least developed country of Myanmar. Chapters 1-7 of this book were originally published as a special issue of Journal of the Asia Pacific Economy.
Author | : Ravi Kanbur |
Publisher | : Routledge |
Total Pages | : 437 |
Release | : 2014-02-24 |
Genre | : Business & Economics |
ISBN | : 1134670206 |
Asia’s rapid economic growth has led to a significant reduction in extreme poverty, but accompanied by rising inequality. This book deals with three questions: What have been the trends of inequality in Asia and the Pacific? What are the key drivers of rising inequality in the region? How should Asian countries respond to the rising inequality? Technological change, globalization, and market-oriented reform have been the key drivers of Asia’s remarkable growth and poverty reduction, but they have also had significant distribution consequences. These three drivers of growth cannot be hindered because they are the sources of productivity improvement and betterment of quality of life. This book will be useful to those interested in policy options that could be deployed by Asian countries in confronting rising inequality.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 314 |
Release | : 2017-11-01 |
Genre | : Business & Economics |
ISBN | : 9292579940 |
The Lao People's Democratic Republic (Lao PDR) has shown remarkable progress by consistently building itself into a market-oriented economy, with economic growth in 1986-2016 averaging around 6.5% per annum. The rapid and sustained growth brought about changes in the structure of output, but did not alter job composition: resource-based products still dominate in industry, low value-added jobs in services, and 65% of the labor force in agriculture. This country diagnostic study provides comprehensive analysis and identifies promising new drivers of growth which the Lao PDR can develop to diversify its production structure and speed up structural transformation.
Author | : Colin I. Bradford |
Publisher | : University of Chicago Press |
Total Pages | : 582 |
Release | : 2007-12-01 |
Genre | : Business & Economics |
ISBN | : 0226070301 |
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.
Author | : Chris Dixon |
Publisher | : Routledge |
Total Pages | : 248 |
Release | : 2002-09-26 |
Genre | : Business & Economics |
ISBN | : 113493405X |
First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.