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China has the world's most rapidly changing large economy, and according to Ted Fishman, it is forcing the world to change along with it. "No country has ever before made a better run at climbing every step of economic development all at once," he writes, in China, Inc.: How the Rise of the Next Superpower Challenges America and the World. China is currently the largest maker of toys, clothing, and consumer electronics, and is swiftly moving up the ladder in car production, computer manufacturing, biotechnology, aerospace, telecommunications, and other sectors thanks to low-cost, high-tech factories. China is also where the world is investing. In 2004, for instance, the city of Shanghai alone attracted over $12 billion in direct foreign investment, roughly the same amount as all of Indonesia and Mexico received. In tracing China's ascendancy over the past 30 years (with annual growth of an astonishing 9.5 percent), Fishman presents a flood of facts, figures, forecasts, and anecdotes and examines the implications of this unprecedented growth for China, the U.S., and the rest of the world.
Calling China's huge population "arguably the greatest natural resource on the planet," Fishman details how hundreds of millions of peasants have migrated from rural to urban areas to find manufacturing jobs, providing an unlimited, low-wage workforce to power China's economy. In the process, this shift has changed both Chinese culture and the global business climate in significant ways. Simply put, American companies can't compete with wages as low as 25 cents an hour and lack of regulation and oversight, so are forced to move their operations to China or completely change the focus of their business. And it's not just a problem for the U.S.--even Mexico is outsourcing to China. Though it remains to be seen whether this will truly be the "Chinese Century" as Fishman asserts, China, Inc. is a brisk and informative look at why so many American corporations, and American jobs, are heading to China. --Shawn Carkonen
Book Description
China today is visible everywhere -- in the news, in the economic pressures battering the globe, in our workplaces, and in every trip to the store. Provocative, timely, and essential -- and updated with new statistics and information -- this dramatic account of China's growing dominance as an industrial superpower by journalist Ted C. Fishman explains how the profound shift in the world economic order has occurred -- and why it already affects us all.
How has an enormous country once hobbled by poverty and Communist ideology come to be the supercharged center of global capitalism? What does it mean that China now grows three times faster than the United States? Why do nearly all of the world's biggest companies have large operations in China? What does the corporate march into China mean for workers left behind in America, Europe, and the rest of the world?
Meanwhile, what makes China's emerging corporations so dangerously competitive? What will happen when China manufactures nearly everything -- computers, cars, jumbo jets, and pharmaceuticals -- that the United States and Europe can, at perhaps half the cost? How do these developments reach around the world and straight into all of our lives?
These are ground-shaking questions, and China, Inc. provides answers.
Veteran journalist Ted C. Fishman shows how China will force all of us to make big changes in how we think about ourselves as consumers, workers, citizens, and even as parents. The result is a richly engaging work of penetrating, up-to-the-minute reportage and brilliant analysis that will forever change how readers think about America's future.
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"China today is visible everywhere -- in the news, in the economic pressures battering america, in the workplace, and in every trip to the store. provocative, timely, and essential, this dramatic account of china's growing dominance as an industrial super-power by journalist Ted C. Fishman explains how the profound shift in the global economic order has occurred -- and why it already affects us all. How has an enormous country once hobbled by poverty and Communist ideology come to be the supercharged center of global capitalism? What does it mean that China now grows three times faster than the United States? That China uses 40 percent of the world's concrete and 25 percent of its steel? What is the global impact of 300 million rural Chinese walking off their farms and heading to the cities in the greatest migration in human history? Why do nearly all of the world's biggest companies now have large-scale operations in China? What does the corporate march into China mean for workers left behind in America, Europe, and the rest of the world? Meanwhile, what makes China's emerging corporations so dangerously competitive? What could happen when China will be able to manufacture nearly everything -- computers, cars, jumbo jets, and pharmaceuticals -- that the United States and Europe can, at perhaps half the cost? How do these developments reach around the world and straight into the lives of all Americans? These are ground-shaking questions, and China, Inc. provides answers.Veteran journalist and former commodities trader Ted C. Fishman paints a vivid picture of the megatrends radiating out of China. Fishman's account begins with the burgeoning output of China's vast low-cost factories and the swelling appetite of its 1.3 billion consumers, both of which are being driven by historically unprecedented infusions of foreign capital and technological know-how. Traveling through China's frenetic landscape of growth, Fishman visits the factories, markets, streets, stores, towns, and cities where the story of Chinese capitalism is being lived by one-fifth of all humanity. Fishman also draws on interviews with Chinese, American, and European workers, managers, and executives to show how China will force all of us to make big changes in how we think about ourselves as consumers, workers, citizens, and even as parents. The result is a richly engaging work of penetrating, up-to-the-minute reportage and brilliant analysis that will forever change how readers think about America's future. "
Customer Reviews:
Lacks critical analysis, nothing more than a collection of (incomplete) stories .......2007-09-04
Half of the book is like a PR campaign for Shanghai, saying how fascinating the city is without really critically examining its glories. It seems like the author has not ventured far away from Shanghai (even Zhejiang Province is bordering Shanghai) and to really delve into the rest of China. It is just like reading a book on U.S. economy while all it talks about is New York. Projecting New York for the rest of the U.S. is laughable, so is thinking Shanghai epitomizes the entire China.
Shanghai's success, at least in the past, critically relied on the extremely favorable national policies steered by Jiang Ze-ming, the former mayor of Shanghai who became the president after 1989 Tiananmen. Such biased national policies are highly questionable, and its impact on Shanghai long-term economic sustainability is also open for debate.
It's also weird for a book on China's economic transition to exclude meaningful discussion of the economic reforms in the Pearl River Delta area where all of the initial economic reforms started, and which is still one of the most important economic regions in China. Also, China's attempts to balance economic development between the coastal region and the inland region are largely ignored in the book (except some very light discussions here and there).
The second half of the book is not very organized and it is not clear what message the author was trying to get across. Overall, the book is nothing more than a collection of stories you can easily find in Economist. A better book for a quick intro and analysis of China's rise is The World is Flat, side by side is an analysis of India as a bonus...
Could have been at least 100 pages shorter.......2007-07-15
A lot of insights from the book but at the same time a lot of non-insights.
The book covers the movement of Chinese people from the farms to the cities and the attitude towards rapid modernization including piracy. However, you cannot FEEL it from first person point of view. You feel very detached reading the book.
It could have been more straight to the point and a lot of pages bored me.
The Tom Wolfe of China.......2007-05-24
This a kaleidoscopic view of the most dynamic country today on the planet. Sit down, strap up, and read the Electric Kool Aid Acid Test of the 21st Century. For a harder analytical edge, read my own volume The Coming China Wars: Where They Will Be Fought and How They Can Be Won
Please blame everything on China, is this a new trend to cover up American "disastrous" foreign policy? .......2007-05-11
So with all due respect:
1) If China is so bad, don't do business there, no one is forcing you
2) All American CEO who deals with China are unpatriotic Americans
3) All American CEO who outsource to China and India are immoral capitalist
4) All American CEO who deal with China should pay a fine or go to Jail. -But they are not! And as matter of facts, they are getting big bonuses.
5) Don't blame the Chinese, they are providing a service (cheap) but American consumers and executives are the ones knocking on their doors.
6) You can't have both ways; you can't try to use cheap labor in 3rd world countries and then turn around and point fingers at the people you are doing business with.
7) Stop bringing up the WWII theory on some of these comments, just because the USA fought and won WWI -which is GREAT! It does not mean the USA is correct FOREVER...common sense.
Excellent reference background............2007-04-11
My team at work does a lot of business with China and after one of the engineers read the book, we ordered about 15 copies for the entire department to read, we felt it was so worthwhile!
Customer Reviews:
Excellent.......2007-09-21
I received the book in excellent condition. I also received it in a very timely manner packaged well.
Book Description
The Right to Know is a timely and compelling consideration of a vital question: What information should governments and other powerful organizations disclose? Excessive secrecy corrodes democracy, facilitates corruption, and undermines good public policymaking, but keeping a lid on military strategies, personal data, and trade secrets is crucial to the protection of the public interest.
Over the past several years, transparency has swept the world. India and South Africa have adopted groundbreaking national freedom of information laws. China is on the verge of promulgating new openness regulations that build on the successful experiments of such major municipalities as Shanghai. From Asia to Africa to Europe to Latin America, countries are struggling to overcome entrenched secrecy and establish effective disclosure policies. More than seventy now have or are developing major disclosure policies or laws. But most of the world's nearly 200 nations do not have coherent disclosure laws; implementation of existing rules often proves difficult; and there is no consensus about what disclosure standards should apply to the increasingly powerful private sector.
As governments and corporations battle with citizens and one another over the growing demand to submit their secrets to public scrutiny, they need new insights into whether, how, and when greater openness can serve the public interest, and how to bring about beneficial forms of greater disclosure. The Right to Know distills the lessons of many nations' often bitter experience and provides careful analysis of transparency's impact on governance, business regulation, environmental protection, and national security. Its powerful lessons make it a critical companion for policymakers, executives, and activists, as well as students and scholars seeking a better understanding of how to make information policy serve the public interest.
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Globalization and Regionalization: Challenges for Public Policy
Manufacturer: Springer
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ASIN: 0792375521 |
Book Description
In this volume, David B. Audretsch and Charles F. Bonser present a view of Globalization and Regionalization that holds that the interaction between a more open trading system and the new telecommunications and computer technology has substantially increased productivity and facilitated the fragmentation of the production process. The fragmentation of the production process has resulted in a new international organization of production. It has accelerated the globalization of national economies and has allowed firms to take advantage of low wages, wherever they are to be found, and, where important, to locate production facilities close to their customers. This expansion in international trade and production mobility has resulted in new sources of gain that contribute to the new economy.
In the second chapter of this volume, Alfred C. Aman, Jr. examines whether globalization dictates new approaches to governance. The process by which public policy in England has incorporated regional government is the focus of Kenneth Spencer in Chapter 3. In the fourth chapter Lawrence S. Davidson provides an analysis of the impact of globalization on manufacturing in the US Midwest. In Chapter 5, John W. Ryan shows how there is a dual role of universities in the global economy. On the one hand, universities serve as institutions that foster globalization and reduce the isolation of regions. On the other hand, universities themselves are shaped and influenced by globalization. David B. Audretsch and A. Roy Thurik, in Chapter 6, show how globalization has led to the emergence of the strategic management of regions. In Chapter 7, Jean-Pierre van Aubel and Frans van Nispen examine the links between federalization and globalization in the European context. The impact of globalization on regulatory institutions is the focus of Montserrat Cuchillo in Chapter 8. Finally, in Chapter 9, David Eaton examines the relationship between global trade sovereignty and sub-national autonomy.
Taken together, these chapters provide a compelling view that public policy must be considered in a new light in the global economy. Not only does policy have to consider global implications, but also the importance of local characteristics and regional strengths.
Book Description
Global Survival: The Challenge and its Implications for Thinking and Acting is a book that is not necessarily ahead of its time. But, if we're lucky, it has come just in time.
The threats we face as a species and a civilization are staggering, daunting, and all too real. The threat of war, or worse; environmental degradation; social, political, and economic woes; all of these are issues with worldwide implications both for us and future generations. Yet the solutions offered, when offered, are dangerously short-sighted and narrowly focused, often intensifying other equally serious problems -- or even creating new ones.
To address this condition, a group of distinguished thought leaders came together and, in a 2003 edition of the journal World Futures, demonstrated how a broad array of human thought and activities interact to create and intensify the problems we face. This approach, here called Survival Research, could be the methodology that enables us to overcome obstacles to meaningful progress.
Customer Reviews:
Global Survival is Highly Recommended.......2006-11-01
While this book should be required reading for scientists, government officials, and policymakers, it will be of interest to anyone concerned about our global environmental predicament. These seventeen provocative essays, written by internationally respected scholars and "thinkers" from a variety of disciplines, are accessible to the educated lay person. Unlike a number of current books addressing this subject, Global Survival is not written like an environmental science textbook. Most importantly, it is not simply another vehicle for gloom and doom. The book goes far beyond outlining the vast array of ecological problems we now face as a species and a civilization. It proposes a methodology for addressing the crisis: a discipline referred to as "survival research," which would integrate knowledge from the natural sciences, the social sciences, and humanities. The concept of survival research was first set forth by eminent political scientist John Herz, whose original essay on the subject appears - updated and amplified - in this collection.
I am grateful that Peter Seidel conceived the idea of compiling Global Survival, and I congratulate him and his co-editor Ervin Laszlo on their fine job of editing the book. It is no mean task to assemble the writings of specialists from so many fields - anthropology, psychology, engineering, history, economics, philosophy, etc. - into a cohesive whole. Through the efforts of visionaries like Seidel, Laszlo, and Herz, we may some day arrive at solutions that are broad enough in scope to ensure the viability of life on this planet.
Five stars
- Mary F. Argus, co-editor of
Voices from the Gathering Storm: The Web of Ecological-Societal Crisis
Variety of viewpoints makes this a winner.......2006-06-05
We all agree that the environment is changing, and our planet is in danger. The global warming is no longer only a scientific term, but widely used in large populations' daily life. We live in a global family and need new ways of thinking and acting.
"Global Survival", one of books published in the CHANGE THE WORLD series, would convince you why and how to change in our daily life.
I rate this book at 5 stars and highly recommend anybody who cares this planet and wants their loved later generations enjoy the earth for long, should read this book. Variety of viewpoints makes this a winner among the other related books.
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Fdi And Industrial Organization in Developing Countries: The Challenge of Globalization in India
Pradeep Kanta Ray
Manufacturer: Ashgate Publishing
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"Capitalism is the most successful wealth-creating economic system the world has ever known," declares Robert Gilpin. Yet it has skeptics. "Individual nations and powerful groups within nations that believe the world economy functions unfairly and to their disadvantage, or who wish to change the system to benefit themselves to the detriment of others, are an ever-present threat to the stability of the system." The task, then, is to ensure its survival through wise leadership that provides fair rules governing trade, investment, and currency. At a time when the economies of the world appear more linked than ever, and the tug of even further internationalization feels irresistible, Gilpin says nothing is inevitable. The whole system must rest on secure political foundations--foundations that Gilpin argues have weakened since the end of the cold war. "Growing concern over economic globalization and increased competition have intensified the movement toward economic regionalism and the appeal of protectionism," he writes. The Challenge of Global Capitalism was actually completed before the World Trade Organization's disastrous 1999 meeting in Seattle; after watching the protests unfold there, even the most Pollyannaish observers must admit that Gilpin warns of a real threat. His book will appeal mainly to economists, but serious nonspecialists will also find its sober prose accessible. --John J. Miller
Book Description
Many individuals proclaim that global capitalism is here to stay. Unfettered markets, they argue, now drive the world, and all countries must adjust, no matter how painful this may be for some. Robert Gilpin, author of the widely acclaimed Political Economy of International Relations (Princeton, 1987), urges us, however, not to take an open and integrated global economy for granted. Rather, we must consider the political circumstances that have enabled global markets to function and the probability that these conditions will continue. Gilpin's new book amounts to a magisterial inquiry into all major aspects of the contemporary world political economy. Beginning with the 1989 end of the Cold War and the subsequent collapse of communism, it focuses on globalization and rapid technological change and covers a broad sweep of economic developments and political cultures. Gilpin demonstrates the fragility of a global and integrated economy and recommends what can be done to strengthen it.
The international community has another chance to solidify the global market economy that collapsed with the outbreak of World War I. Yet, writes Gilpin, the full implications of this historic development for international affairs are not yet clear. Will socialist economies make a successful transition to market-type economies? What role will a dynamic China play in the world economy? Will the United States continue to exercise leadership or gravitate toward self-centered policies? Gilpin explores such questions along with problems in the areas of trade liberalization, multinational corporations, and destabilizing financial flows. He also investigates the struggles of less developed countries and the spread of economic regionalism, particularly in Europe, North America, and Pacific Asia, which directly threatens an open world economy.
The author maintains that global capitalism and economic globalization have rested and must continue to rest on a secure political foundation. However, this foundation has eroded since the end of the Soviet threat. To ensure survival of the global economy, Gilpin concludes, the United States and other major powers must recommit themselves to working together to rebuild its weakened political foundations.
Customer Reviews:
The Challenge of Global Capitalism: The World Economy in the 21st Century.......2006-11-05
Come in time for my college class. Arrived in excellent condition --- new book. Great price below campus book store prices.
To Free Global Capitalism or Too Free?.......2000-09-23
The main benefit of this book is to provide an overview of international economic forms of cooperation in the 20th century. That overview is, however, flawed by simplifications that often distort rather than illuminate that historical view. The argument about what must be done next is incomplete and unsatisfying. This book is written for the reader who has some college-level training in economics, and is interested in the interaction between national politics and international economics.
The basic argument is that free markets create excesses which can only be eliminated by international intervention. Such interventions were frequent and reasonably effective during the period just prior to World War I and in the free world after World War II. Professor Gilpin argues that parochial American leadership since the end of the cold war has undermined the international political system for stabilizing the international economy. He calls for stronger American leadership in forging a better coalition with the European Union countries and Japan.
The central thesis of the book is sound in one area: Unrestrained capital flows can create distortions in a world in which everything else (businesses, people, and trade flows) are not nearly so unrestrained. The problem here is that these rapid capital flows out of a country primarily occur because of years of earlier abuses (as I describe in The Irresitible Growth Enterprise) such as speculative spending on infrastructure and investments that are not needed (as happened in several Southeast Asian countries prior to their currency crises in 1998).
Virtually every problem that Professor Gilpin warns against and wants to solve with international authority is really created by poor national economic policies. We would probably create sounder world economic growth if we focused on encouraging all nations to pursue sound lending, appropriate national borrowing, and constructive trade policies (our attention is usually focused on the last). Where governments are weak or corrupt, abuses will always develop and linger. My counterargument would be that strong democracies will almost always pursue reasonably sound economic policies. Solve that problem of governmental form and effectiveness of political process at the national level, and the world economy will be sound. If this counterargument is right, then we may need a second generation of informational efforts in favor of effective democracy, in the same way that one was needed during the cold war through Radio Free Europe and Voice of America.
At another level, much of what is described here as weaknesses and problems can be attributed to weak currencies. Again, informational efforts and research could help countries with weak currencies appreciate how to strenthen those currencies. Certainly, pegging to stronger currencies is proving to be effective in many cases. Pegging to a basket of stronger currencies might work even better. There could even be a role for pegging to sound economic policies to change expectations, as some South American countries have done.
Many of the worldwide risks today relate to the U.S. trade imbalance. In the same way that greater public awareness and an economic boom led to eliminating the U.S. budget deficits, the trade imbalance can be solved. Again, this is a national issue, not an international one. The weak savings rate in the U.S. can also be solved by changing the tax laws, again at a national level.
Basically, the argument I am making is that the markets are having problems because national politics are impinging too much on free markets. In that regard, the free market of ideas that is democracy can then adjust the national politics to achieve more healthy, free market results. The U.S. should lead the way by improving the savings rate and reducing the trade deficit. That would take many of the strains off of the world economy, and create the basis for another ten years of economic boom in the United States. Can our U.S. politicians get together and work on this after the November election? I certainly hope so.
Another area where Professor Gilpin is misfocused is in his concern about the growth of trading blocs like the EU and NAFTA. Actually, these blocs are creating freer markets within them and are an unavoidable precursor to creating the same level of freedom internationally with all countries. If there were three trading blocs in the world, they would simply merge into one at some point. That would be progress.
Complexity science tells us that having many countries pursuing their own ideas of economic prosperity will work better than having an internationally coordinated system. And the more intelligent, responsive, and focused those countries are, the better the whole system will work.
After you have finished reading this book, can you think of other places where we rely on precedent too much in our thinking rather than potential? If you find any of this happening in your own thinking, how can you learn to seek out better solutions rather than simply aping past solutions?
Good start for a basic understanding.......2000-05-22
This is a higly readable and extensive survey of the major IPE issues facing Americans and the rest of the world today. It successfully analyzes and challenges the economists' arguments about the primacy of economics, or even economic theory, over politics or political science. This is an excellent book for someone just beginning to educate themselves about the nature and state of the international economy. It's significantly broad, but also does an excellent job of explaining complex phenomena. However, I have a few caveats. First, it moves too quickly and soflty over the larger issues, specifically, whether globalization has been helpful or harmful to the world polity. I agree with a previous review that it overestimates the threat of EU protectionism. In fact, he overestimates the threat of protectionism entirely. The greatest threat to, or promise against, globalization is the rise of social protest movements across the globe, being channeled in new ways not seen before. Therefore, I would urge most people to read this book, but then pick up either a contrarian book, like Grieder's One World: Ready or Not, or Globalization by Sasskia Sassen. Avoid Friedman's The Lexus and the Olive Tree at all costs.
reasonable overview for graduate students.......2000-05-04
Prof. Gilpin has an excellent reputation in the field of IPE, International Political Economy, and I bought this book on that recommendation.
It gives a good overview of major developments in the globalization and globalization debate in the 90s, with political economy analysis and lots of references to economic analysis. I would recommend it for graduate students, but I must say i was a bit disappointed, not much new or inspirational there. I could read the book very quickly without ever really having to stop and think. Here i think it is only fair to reveal my own background, which is in international economic relations and history of EU integration. Some of his points on the nature and development of the European Union and the economics are frankly quite contestable, especially on the openness or closedness of the EU. The debate on 'Fortress Europe' is really out of date by now ever since it became clear that the Single European Act of 1987 and the '1992' project were not about closing the EU economy, quite the contrary. Do I detect an US bias here?
Yes, as prof. Gilpin points out, economists indeed disagree on many key issues. But you will find that strife also within IPE and political science and in any other social science discipline. So? It reflects the complexity of the issues rather than weakness of the discipline, i'd argue (but then, I would would I, as an economist...) A number of problems in globalization and the international financial system are presented as (relatively) new, but I'd argue that more often than not these problems were always there in history. Also, the point that regionalization threatens globalization is too strong as put there, and not necessarily correct and so clear-cut at all: many regional economic agreements were made in the course of the Uruguay Round trade negotiations at GATT/WTO out of frustration with the slow pace of negotiations and as a 'back-up' plan in case of UR failure. Hardly a threat to globalization which, in any case, throughout history never really progressed smoothly at all.
All that said, the book does do a solid job of pointing out some of the main issues and discussions and it will do well as a topical reference book.
Global Capitalism = American Corporate Imperialism.......2000-04-30
America began opening it's markets to the world in the 1970's. Since then, as the economy has grown steadily, most Americans have seen stagnant wages and the country has seen an increase in all types of inequality. The idea that the problems can be fixed presupposes a will to fix them. There is none. A palliative to this claptrap would be Chambers Johnson's book Blowback.
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The New Economy in Development: ICT Challenges and Opportunities (Technology, Globalization and Development)
Manufacturer: Palgrave Macmillan
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ASIN: 0230001467
Release Date: 2006-12-26 |
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The New Economy in Development presents conceptual and empirical analyses of the opportunities offered by information and communications technologies (ICT). By focusing on the interrelationships between ICT, services, globalization, international agreements and broader development goals, the volume offers a range of policy options for harnessing ICT for development. Contributors include scholars and policy makers from international organizations, and the chapters include understudied cases from Africa, Latin America, Eastern Europe, and Asia.
Book Description
The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater volatility, more corruption, and, in extreme cases, devastating civil wars.
In this volume, leading economists, lawyers, and political scientists address the fundamental channels generated by this wealth and examine the major decisions a country must make when faced with an abundance of a natural resource. They identify such problems as asymmetric bargaining power, limited access to information, the failure to engage in long-term planning, weak institutional structures, and missing mechanisms of accountability. They also provide a series of solutions, including recommendations for contracting with oil companies and allocating revenue; guidelines for negotiators; models for optimal auctions; and strategies to strengthen state-society linkages and public accountability.
The contributors show that solutions to the resource curse do exist; yet, institutional innovations are necessary to align the incentives of key domestic and international actors, and this requires fundamental political changes and much greater levels of transparency than currently exist. It is becoming increasingly clear that past policies have not provided the benefits they promised. Escaping the Resource Curse lays out a path for radically improving the management of the world's natural resources.
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Globalization And East Asia: Opportunities And Challenges
Khosrow Fatemi
Manufacturer: Haworth Press
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ASIN: 0789027445 |
Book Description
Learn to apply the strategies used in East Asia's phenomenal economic expansion
The phenomenal economic growth of many countries in East Asia has no historic parallel. Globalization and East Asia: Opportunities and Challenges examines different aspects of the economic performance of the region over the past three decades, with a focus on what it takes to replicate the experience elsewhere. Nineteen of the finest presentations from the 12th International Conference of the International Trade and Finance Association in Bangkok, Thailand, have been carefully selected and revised by their expert authors, providing powerful, practical economic development approaches that can be used to develop other economies.
This comprehensive volume presents an insightful four-part view of the intricate economic workings of East Asia. The first part introduces the distinctive qualities of the policies that sparked economic growth and development. Part two provides comparative studies of different countries and industries in the region and an in-depth study of the East Asian area over the past fifty years. Part three presents sector specific studies within several countries, focusing on international finance. The fourth part spotlights important industry-specific elements and explores the future of globalization in relation to its effects on East Asia. Each chapter is extensively referenced, and several use tables and charts to clearly reinforce crucial points.
Globalization and East Asia includes topics such as:
the characteristics of East Asian economic growth—and how other areas will benefit
the rapid economic growth of the region since the end of World War II
an evaluation of efficiency and leveraging of assets comparing the United States and the Four Dragon (FD) industries
structural weaknesses within Asian countries
trade flows between the United States and Thailand— a bilateral study
the progress of APEC's environmental cooperation
financial resource flows during the 1990s
Malaysian financial markets and the Asian financial crisis
China's economic transition and exchange rate policies
the use of dual production theory as a model in the world economy
Thailand's telecommunications sector—and how it provides illustration for other sector specific industries in developing countries
development of bilateral trade negotiations between the United States and Vietnam
the status of United States apparel imports
Globalization and East Asia is important, insightful reading for researchers, scholars, and professionals specializing in regional economics and economic development.
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