Sustaining development and growth in East Asia
By: [edited by] Timo Henckel
Series: Routledge studies in the growth economies of Asia -- 116; Routledge studies in the growth economies of Asia (2005) -- 116.
Publisher: Routledge
Published: 2012
Place of publication: Milton Park, Abingdon, Oxon; New York NY
Language: eng
Number of pages: 326
ISBN-13: 9780415634151; 9780203094617
Subjects: Economic development; Economic conditions; Investments; Commerce
Description: "For several decades, fast-growing East Asia has been the envy of the developing world. Not only has East Asia outperformed all other regions of the world, but it also recovered surprisingly swiftly from the 1997-98 Asian financial crisis and the 2008-09 global financial crisis. Nevertheless, investment in the region remains subdued relative to pre-Asian crisis levels. Are current investment rates too low and, given greater investment, could the region grow even more rapidly? This book brings together a rich array of papers analyzing the determinants of, and impediments to, investment and growth. It discusses a range of issues bearing on investment and development. The chapters cover domestic and international economic, institutional and political factors, including the role of foreign direct investment, and the importance of public infrastructure, fiscal policy and export-oriented growth strategies. Trade and trade policy, in particular, are emphasized, with contributions ranging from an analysis of global production networks in electronics manufacturing, to the effects and implications of economic integration in the Mekong states"--Provided by publisher.
Notes: Includes bibliographical references and index.
Table of contents: title: Outward-looking growth strategies in East Asia : rationale and success / Stephen Schwartz; title: Facilitating domestic investment and growth / Ponciano S. Intal, Jr, Alfredo R. Paloyo and Maricar Garde; title: Global production networks in electronics and intra-Asian trade / Byron Gangnes and Ari Van Assche; title: Dynamic gains of trade and foreign direct investment in East Asia / Shujiro Urata; title: Post-crisis investment performance of ASEAN countries : importance of FDI / Shandre M. Thangavelu, Yong Yik Wei and Aekapol Chongvilaivan; title: Infrastructure investment in East Asia : learning from crisis / Hongjoo J. Hahm, John Holdaway and William Wallace; title: Some fiscal priorities for development / Richard Hemming and Greetje Everaert; title: The rule of law and governance puzzles in democracies and non-democracies / Philip Keefer; title: Political institutional structure and governance quality / Tao Kong; title: Integration and transition : Vietnam, Cambodia and Lao PDR / Suiwah Leung.