Beyond the Developmental State


Book Description

This collection of essays examines the historical influence of states in East Asia's political economies, and considers their contributions to the ongoing social, economic and political transformation of the countries in this region. They show that the status of these so-called developmental states have evolved over time, and that their role and capacity have been significantly related to the social bases and cultural roots of the relevant countries.




World Crude Oil Resources


Book Description




Has Agricultural Trade Liberalization Improved Welfare in the Least-developed Countries?


Book Description

Most of the gains from multilateral liberalization come from the countries' own liberalization efforts. Least-developed countries that failed to liberalize their trade policy lost the opportunity for gains that the Uruguay Round made possible. Ingco evaluates the progress in agricultural liberalization - and the welfare effects for least-developed and net food-importing countries - as a result of agricultural price shocks resulting from the Uruguay Round. She finds that: * The changes in welfare are significantly affected by the structure of trade and distortions in the domestic economy. * Although many economies are hurt by increases in world prices, losses in terms of trade are small relative to total GDP. Only in a few countries does the estimated welfare change constitute more than 1 percent of GDP. * In several countries, the distortion effects are significantly larger than the terms-of-trade effects. In some cases, the distortion effects work in opposition to the terms-of-trade effects and are large enough to reverse the sign of the net welfare change. In short, removing policy distortions could convert the small loss in terms of trade to potential gains. But many least-developed, net food-importing countries did not use the Round to support domestic efforts at trade reform. As most studies show, most gains from multilateral liberalization come from the countries' own liberalization efforts, so countries that failed to liberalize their trade policy lost the opportunity for gains. This paper - a product of the International Trade Division, International Economics Department - is part of a larger effort in the department to evaluate the effects of trade liberalization with special focus on least-developed and net-food importing developing countries.




Population Dynamics And Infectious Diseases In Asia


Book Description

Initially stimulated by a scholarly workshop convened in Singapore in late 2004, and written over the subsequent 18 months, this volume considers the potentially lethal pattern of infectious disease emergence in Asia. It studies linkages to changes in patterns of human activity, including but not limited to shifts in the distribution and concentration of human settlements and the patterns of movement within and between them. It explores the causes and consequences of infectious agents in the region historically and examines such newly emergent natural biological threats as SARS and avian influenza.Drawing on a range of disciplinary perspectives, the book contains analyses rooted in the social, physical and biological sciences as well as works which span these fields. Among the issues considered are the ways in which changes in our natural and built environment, social and economic pressures, shifting policies and patterns of collaboration in responding to disease impact upon our approach to and success in containing serious threats.Infection control has moved beyond the province of clinical experts, epidemiologists and microbiologists, into the mathematics of epidemic prevention and control, as well as the overall physical and human ecology and historical contexts of emerging infections. Not only does such a broad approach enable appreciation of complex forces driving growing epidemic risks in Asia today, it also reveals the importance and relevance of population dynamics, as well as the global urgency of alleviating unsatisfactory health conditions in Asia. The topic and the broad approach has international appeal beyond the region as many of these forces operate throughout the world.




Government-Linked Companies and Sustainable, Equitable Development


Book Description

The debate over how far governments should intervene in economies in order to promote economic growth, a debate which from the 1980s seemed settled in favour of the neo-liberal, non-interventionist consensus, has taken on new vigour since the financial crisis of 2008 and after. Some countries, most of them in industrialised Asia, have survived the crisis, and secured equitable economic growth, by adopting a developmental state model, whereby governments have intervened in their economies, often through explicit support for individual companies. This book explores debates about government intervention, assesses interventionist policies, including industrial and innovation policies, and examines in particular the key institutions which play a crucial role in implementing government policies and in building the bridge between the state and the private sector. The countries covered include China, India, South Korea, Malaysia and Taiwan, together with representative countries from Europe and Latin America.




Reforming China's State-owned Enterprises and Banks


Book Description

This book is informative and readable. It will be of interest to anyone wanting to learn about the development of the Chinese economy in general and the reforms of state-owned enterprises in particular. The data and in-depth discussion presented in the book will appeal to academics as well as policymakers. Yin-Fang Zhang, Journal of the Asia Pacific Economy China watchers will welcome a book which provides a detailed insight into the two pillars of that economy: the state-owned enterprises (SOEs) and the state-owned banks (SOBs). This is a scholarly work, rich in detail. Shelagh Heffernan, The Financial Regulator For China to sustain her transformation requires that she tackle reform of her state-owned enterprises (SOEs) and banks. This book comprehensively assesses the scale of the problem, reviews previous reforms and suggested solutions. Finally the authors propose their own reform agenda, sensitive to Chinese realities. Michael Artis, European University Institute, Italy This is an excellent study of the nexus between the effects of party control, the soft budget of state-owned enterprise (SOEs) and the financial fragility of the state-owned banking system (SOBs) in China. It is both sympathetic and knowledgeable about the problems of achieving reform and progress. Beautifully written, it should become the most influential work in this field in the English-speaking world. Charles A.E. Goodhart, London School of Economics, UK This book s starting point is that after two decades of experiments, during which other transition economies have effectively privatised all of their former state enterprises, China is still endeavouring to find a way to reinvent and re-engineer its own state-owned economic establishments. The authors explore these reforms along with the problems of China s state-owned banks, which have long been troubled by the adverse loans of Chinese enterprises and face foreign competition in 2007 under China s WTO commitments. Drawing on wide-ranging case studies of enterprise reform, Becky Chiu and Mervyn Lewis combine their extensive experience to give an authoritative account of China s enterprise and bank reform agenda, involving property rights, improved corporate governance and stimulating enterprise. This book will be of great interest to business economists, academic economists and those following the development of the Chinese economy.