In recent years East Asia has been buffeted by financial shocks, rapid shifts in the competitiveness of major exports, changes in international production networking, and significant reconfiguration in the geographical composition of production systems that have heretofore provided the foundation for the region's growth. These have been coupled ...
Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sectors are still incomplete. The relative size of the state-owned enterprise sector has been much reduced, however, the sector remains the dominant borrower from the banking system and is ...
With the competitiveness of firms in an open and integrated world environment increasingly reliant on technological capability, universities are being asked to take on a growing role in stimulating economic growth. Beyond imparting education, they are now viewed as sources of industrially valuable technical skills, innovations, and ...
In the coming decades, globalization will force East Asian countries to come to terms with a far more demanding global market environment. Their ability to capitalize on the opportunities inherent in this environment will rest in no small part on acquired technological capability and IT skills and on how East Asian firms enlarge the gains from ...
Although China's growth had been rapid over the past two decades, social indicators have continued improving and poverty levels have inched downwards, China faces daunting challenges in improving the quality of growth. These arise from widening inequality, increasing resource and financial imbalances, and growing environmental concerns. The book ...
Throughout East Asia, the growth process and its sources are changing in a number of important respects, especially for middle and higher income economies. Growth will increasingly come from the strength of innovative activities in these economies instead of factor accumulation as in the past. Such innovative activities, especially in producer ...
Drawing on a wide range of literature and on interviews with firms, this book explores issues of economic growth with a focus on six East Asian cities: Bangkok, Beijing, Seoul, Shanghai, Singapore, and Tokyo. It suggests how policies and institutions can induce and furnish an urban environment that supports innovative activities. A valuable ...
Southeast Asian tiger economies feel threatened by competition from other countries and worry that their growth momentum might be flagging. Even though their growth rates are above the average for the world and for developing countries, they fall short of yesterday's economic performance. The underlying worry is that they presage the beginning of ...
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