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Asian Transformations: An Inquiry into the Development of Nations (WIDER Studies in Development Economics)

by Deepak Nayyar

Gunnar Myrdal published his magnum opus, Asian Drama: An Inquiry into the Poverty of Nations, in 1968. He was deeply pessimistic about development prospects in Asia. The fifty years since then have witnessed a remarkable social and economic transformation in Asia - even if it has been uneven across countries and unequal between people - that would have been difficult to imagine, let alone predict at the time. Asian Transformations: An Inquiry into the Development of Nations analyses the fascinating story of economic development in Asia spanning half a century. Asian Transformations sets the stage by discussing the contribution of Gunnar Myrdal to the debate on development then and now and providing a long-term historical perspective on Asia in the world. It then uses cross-country thematic studies on governments, economic openness, agricultural transformation, industrialization, macroeconomics, poverty and inequality, education and health, employment and unemployment, institutions, and nationalisms to analyse processes of change while recognizing the diversity in paths and outcomes. Specific country studies on China, India, Indonesia and Vietnam, and sub-region studies on East Asia, Southeast Asia, and South Asia, further highlight turning points in economic performance and demonstrate factors underlying success or failure. Including in-depth studies by eminent economists and social scientists, Asian Transformations comprehensively examines the phenomenal changes that are transforming economies in Asia and shifting the balance of economic power in the world and reflects on the future prospects for this continent over the next twenty-five years. It is a cohesive and multi-disciplinary study of a rapidly changing economic landscape, and makes an important contribution to understanding the complexities and processes of development from different perspectives.

Asian Transformations: An Inquiry into the Development of Nations (WIDER Studies in Development Economics)


Gunnar Myrdal published his magnum opus, Asian Drama: An Inquiry into the Poverty of Nations, in 1968. He was deeply pessimistic about development prospects in Asia. The fifty years since then have witnessed a remarkable social and economic transformation in Asia - even if it has been uneven across countries and unequal between people - that would have been difficult to imagine, let alone predict at the time. Asian Transformations: An Inquiry into the Development of Nations analyses the fascinating story of economic development in Asia spanning half a century. Asian Transformations sets the stage by discussing the contribution of Gunnar Myrdal to the debate on development then and now and providing a long-term historical perspective on Asia in the world. It then uses cross-country thematic studies on governments, economic openness, agricultural transformation, industrialization, macroeconomics, poverty and inequality, education and health, employment and unemployment, institutions, and nationalisms to analyse processes of change while recognizing the diversity in paths and outcomes. Specific country studies on China, India, Indonesia and Vietnam, and sub-region studies on East Asia, Southeast Asia, and South Asia, further highlight turning points in economic performance and demonstrate factors underlying success or failure. Including in-depth studies by eminent economists and social scientists, Asian Transformations comprehensively examines the phenomenal changes that are transforming economies in Asia and shifting the balance of economic power in the world and reflects on the future prospects for this continent over the next twenty-five years. It is a cohesive and multi-disciplinary study of a rapidly changing economic landscape, and makes an important contribution to understanding the complexities and processes of development from different perspectives.

Asian versus Western Management Thinking: Its Culture-Bound Nature (The Nonaka Series on Knowledge and Innovation)

by Kimio Kase Alesia Slocum Yingying Zhang

'Navigating paradigm changes is a critical element of business leadership: analog to digital; brand to retailer to consumer; reason to emotion; West to East. Anything that illuminates these powershifts is valuable for the fast-moving decision-maker, and in this respect Asian versus Western Management Thinking is a first-rate inquiry into cultural business behaviors. Insular frameworks of thinking and action matter less by the second. I'm an And/And practitioner and my experience of bridging business between East and West, and vice versa, suggests we need to know the human distinctions that matter and the harmonies that will matter even more. Between the covers of this book by Kimio Kase and colleagues, business moves forward.' Kevin Roberts, CEO Worldwide, Saatchi & Saatchi, Lovemarks Company 'Having lived and worked my entire life in various countries around the world, I agree with the authors' premise that Asians and Westerners often approach business problems from different angles. Rather than focusing on differences, I welcome the strength that comes from diversity. As my experience at Renault and Nissan has demonstrated, the richest solutions come when ideas are challenged or questioned by people who have a different perspective. This book illustrates the value of accepting diverging ideas as a fact of life that can be used to enhance the world in which we all live and work.' Carlos Ghosn, Chairman and Chief Executive Officer, Renault-Nissan Alliance 'A most welcome addition to the unbalanced management literature about the 'analytical' West and the 'synthetic' East. For too long the field has been dominated by comparisons of cultural value systems which paradoxically tell us precious little about how habits of mind influence management thinking and practice in different parts of the world over time. At a time when the world's economic centre of gravity is visibly shifting to Asia, this really is a most timely book.' Nigel Holden, Visiting Research Fellow at the Centre for International Business at the University of Leeds, UK

Asian Women Leadership: A Cross-National and Cross-Sector Comparison

by Chin-Chung Chao Louisa Ha

This book is an interdisciplinary anthology grounded in scholarly research that offers a concise but in-depth examination and exposition of leadership that helps readers better grasp the basics of the various aspects of Asian leadership and examines the practices of Asian women leadership across sectors in Asian and western countries. While many leadership books effectively describe leadership styles and/or outline various approaches to leadership, this book focuses on Asian women leadership and illustrates performed styles, experiences, opportunities, challenges and management strategies across sectors ranging from higher education, business, nonprofit organizations, the media industry, politics and social movement to immigration, using both quantitative and qualitative approaches. It can serve as a handy reference for aspiring women leaders, academic researchers, general readers and students who want to study Asian women leadership, work in Asian societies and/or work with Asians.

Asian Women Leadership: A Cross-National and Cross-Sector Comparison

by Chin-Chung Chao Louisa Ha

This book is an interdisciplinary anthology grounded in scholarly research that offers a concise but in-depth examination and exposition of leadership that helps readers better grasp the basics of the various aspects of Asian leadership and examines the practices of Asian women leadership across sectors in Asian and western countries. While many leadership books effectively describe leadership styles and/or outline various approaches to leadership, this book focuses on Asian women leadership and illustrates performed styles, experiences, opportunities, challenges and management strategies across sectors ranging from higher education, business, nonprofit organizations, the media industry, politics and social movement to immigration, using both quantitative and qualitative approaches. It can serve as a handy reference for aspiring women leaders, academic researchers, general readers and students who want to study Asian women leadership, work in Asian societies and/or work with Asians.

Asian Yearbook of International Economic Law 2022 (Asian Yearbook of International Economic Law #2022)

by Manjiao Chi Marc Bungenberg Andrea K. Bjorklund

The Asian Yearbook of International Economic Law (AYIEL) 2022 addresses the rapidly evolving field of international economic law with a special focus on Asia and the Pacific. This region has long been and remains a major engine of the world economy; at the same time, it is characterized by a host of economies with varying developmental levels, economic policies and legal jurisdictions. The AYIEL 2022 especially focuses on trade law, investment law, competition law, dispute settlement, economic regulation and cooperation, and regional economic integration, as well as other legal developments in Asian countries.

Asian Yearbook of International Economic Law 2023 (Asian Yearbook of International Economic Law #2023)

by Marc Bungenberg Manjiao Chi Sufian Jusoh Prabhash Ranjan Islambek Rustambekov

The Asian Yearbook of International Economic Law (AYIEL) 2023 addresses the rapidly evolving field of international economic law with a special focus on Asia and the Pacific. This region has long been and remains a major engine of the world economy; at the same time, it is characterized by a host of economies with varying developmental levels, economic policies and legal jurisdictions. The AYIEL 2023 therefore focuses on international economic law, especially on security and industrial policy.

Asian Youth Travellers: Insights and Implications (Perspectives on Asian Tourism)

by Catheryn Khoo-Lattimore Elaine Chiao Yang

This book offers a bird’s-eye view of the current trends, opportunities, and challenges related to Asian youth travellers, and it also presents a holistic framework for future research to build upon. Managerial and policy implications are provided for the tourism and hospitality industry and government agencies to better accommodate the needs of Asian youth travellers – a unique and diverse market that is yet to be fully unveiled to the world.The book investigates the key characteristics that define contemporary Asian youth travellers, adopting a broad definition of Asia. While it includes relatively mature markets, it also features emerging markets in Southeast Asia, South Asia, and West Asia. The book looks at different forms of tourism undertaken by Asian travellers, encompassing educational tourism, adventure tourism, working holiday, self-driving tourism, dark tourism, volunteer tourism, and cultural tourism.A wide range of topics are discussed, from history to current trends, from motivations to constraints, from the influence of culture and religion on travel behaviour to the search of social freedom through travel, and from destination choice to destination avoidance. The findings and interpretations are drawn from diverse and novel research methods, such as netnography, visual anthropology, historiography, interview, focus group, survey, and document analysis.

Asia's Changing International Investment Regime: Sustainability, Regionalization, and Arbitration (International Law and the Global South)

by Julien Chaisse Tomoko Ishikawa Sufian Jusoh Shamshad Akhtar

This book focuses on the Asia-Pacific region, delineating the evolving dynamics of foreign investment in the region. It examines the relationship between efforts to increase foreign direct investment (FDI) and efforts to improve governance and inclusive growth and development. Against a background of rapidly developing international investment law, it emphasises the need to strike a balance between these domestic and international legal frameworks, seeking to promote both foreign investment and the laws and policies necessary to regulate investments and investor conduct. Foreign investments play a pivotal role in most countries’ political economies, and in order to encourage cross-border capital flows, countries have taken various steps, such as revising their domestic legal frameworks, liberalising rules on inward and outward investment, and creating special regimes that provide incentives and protections for foreign investment. Alongside the developments in domestic laws, countries have also taken bilateral and multilateral action, including entering into trade and/or investment agreements. Further, the book explores regional investment trends, highlights specific features of Asia-Pacific investment laws and treaties, and analyses policy implications. It addresses four overarching themes: the trends (how Asia-Pacific’s agreements compare with recent global trends in the evolving rules on foreign investment); what China is doing; current investment arbitration practice in Asia; and the importance of regionalising investment law in the Asia-Pacific region. In addition, it identifies and discusses the research and policy gaps that should be filled in order to promote more sustainable and responsible investment. The book offers a valuable resource not only for academics and students, but also for trade and investment officials, policy-makers, diplomats, economists, lawyers, think tanks, and business leaders interested in the governance and regulation of foreign investment, economic policy reforms, and the development of new types of investment agreements.

Asia's Clean Revolution: Industry, Growth and the Environment

by David Angel Michal Rock

The world's environmental future will be determined in significant part by what happens in the rapidly industrialising and urban economies of Asia. The sheer scale of urban population and industrial growth in Asia - from Indonesia to China - and the energy and materials intensive character of the development process constitutes a dark shadow over the region's, and indeed the world's, environment. And yet this challenge is also an opportunity. Precisely because so much of the urban-industrial investment within developing Asia has yet to take place, the opportunity exists to shape a different development future - one that is far less energy, materials and waste intensive.Asia's Clean Revolution examines the prospects for and pathways to such a new trajectory. The book lays out a path-breaking vision of how developing economies might go beyond environmental regulation and put in place an array of policies and institutions that could integrate environmental, industrial and technological goals. These findings provide important input for negotiators considering climate change on a global scale.The book approaches the challenge of growth and environment in Asia in a novel way, by identifying six major transformational dynamics under way in the world today, and assessing whether these can be harnessed to the goal of improved environmental performance of industry.With a set of specially commissioned chapters from the leading authorities in North America and Asia, this ground-breaking book is the first to present concrete policy solutions to the looming crisis driven by large-scale urban-industrial growth in developing Asia.

Asia's Clean Revolution: Industry, Growth and the Environment

by David Angel Michal Rock

The world's environmental future will be determined in significant part by what happens in the rapidly industrialising and urban economies of Asia. The sheer scale of urban population and industrial growth in Asia - from Indonesia to China - and the energy and materials intensive character of the development process constitutes a dark shadow over the region's, and indeed the world's, environment. And yet this challenge is also an opportunity. Precisely because so much of the urban-industrial investment within developing Asia has yet to take place, the opportunity exists to shape a different development future - one that is far less energy, materials and waste intensive.Asia's Clean Revolution examines the prospects for and pathways to such a new trajectory. The book lays out a path-breaking vision of how developing economies might go beyond environmental regulation and put in place an array of policies and institutions that could integrate environmental, industrial and technological goals. These findings provide important input for negotiators considering climate change on a global scale.The book approaches the challenge of growth and environment in Asia in a novel way, by identifying six major transformational dynamics under way in the world today, and assessing whether these can be harnessed to the goal of improved environmental performance of industry.With a set of specially commissioned chapters from the leading authorities in North America and Asia, this ground-breaking book is the first to present concrete policy solutions to the looming crisis driven by large-scale urban-industrial growth in developing Asia.

Asia's Computer Challenge: Threat or Opportunity for the United States and the World?

by Jason Dedrick Kenneth L. Kraemer

How did the computer industry evolve into its present global structure? Why have some Asian countries succeeded more than others? Jason Dedrick and Kenneth L. Kraemer delve into these questions and emerge with an explanation of the rapid rise of the computer industry in the Asia-Pacific region. Asia's Computer Challenge makes a systematic comparison of the historical development of the computer industries of Japan, Hong Kong, Korea, Singapore, and Taiwan and concludes that neither a plan versus market, nor a country versus company dichotomy fully explains the diversity found among these countries. The authors identify a new force--the emergence of a global production network. Reaching beyond specific companies and countries, this book explores the strategic implications for the Asian-Pacific countries and the United states. Now East Asia is faced with a challenge; they must make the move from low margin hardware business to high margin software and information businesses, while Americans must respond by maintaining leadership in standards, design, marketing, and business innovation.

Asia's Debt Capital Markets: Prospects and Strategies for Development (The Milken Institute Series on Financial Innovation and Economic Growth #6)

by Douglas W. Arner Paul Lejot Qiao Liu Jae-Ha Park

This volume comprises studies by leading research scholars in the United States and Asia on Asia’s debt capital markets. The book is unique in drawing upon the research, experience and perspectives of experts from the academic, legal, governmental and practical investment fields. They assess the risks and opportunities, and strategies for developing these markets. The authors adopt a multidisciplinary approach, encompassing economics, finance and law.

Asia's Energy Challenge: Key Issues and Policy Options

by Minsoo Lee Donghyun Park Harry D. Saunders

This book examines key issues and policy options of developing Asia’s energy security. Rapid growth has transformed Asia’s presence in the world economy. Past growth has dramatically improved Asia’s living standards, lifting millions out of poverty. Future growth will do the same. But, crucially, can Asia secure the energy it needs to fuel this dramatic economic expansion? This book stresses that the threefold challenge of energy supply security, environmental sustainability, and affordable access requires a multipronged approach. The book also explains that the region must actively contain its rising demand, aggressively explore new energy supply sources and technology, and progressively promote the regional integration of energy markets and infrastructure. The book also highlights that unless there is a paradigm shift in the current energy use, Asia will struggle to deliver the inclusive growth needed to lift millions of its citizens out of poverty. The book also considers the range of policy reforms and technological developments that can ensure a future of ample, affordable, clean energy for Asia.

Asia's Energy Challenge: Key Issues and Policy Options

by Minsoo Lee Donghyun Park Harry D. Saunders

This book examines key issues and policy options of developing Asia’s energy security. Rapid growth has transformed Asia’s presence in the world economy. Past growth has dramatically improved Asia’s living standards, lifting millions out of poverty. Future growth will do the same. But, crucially, can Asia secure the energy it needs to fuel this dramatic economic expansion? This book stresses that the threefold challenge of energy supply security, environmental sustainability, and affordable access requires a multipronged approach. The book also explains that the region must actively contain its rising demand, aggressively explore new energy supply sources and technology, and progressively promote the regional integration of energy markets and infrastructure. The book also highlights that unless there is a paradigm shift in the current energy use, Asia will struggle to deliver the inclusive growth needed to lift millions of its citizens out of poverty. The book also considers the range of policy reforms and technological developments that can ensure a future of ample, affordable, clean energy for Asia.

Asia's Financial Crisis and the Role of Real Estate

by Koichi Mera Bertrand Renaud

This book by a distinguished academic and a professional economist from the World Bank clearly demonstrates the significant role played by the real estate sector in inducing the Asian crisis; the linkage of the real estate sector to the general economy; the causes of real estate booms and subsequent busts; and the economic costs of real estate price volatility. The book also includes suggestions for moderating such volatility in the future.

Asia's Financial Crisis and the Role of Real Estate

by Koichi Mera Bertrand Renaud

This book by a distinguished academic and a professional economist from the World Bank clearly demonstrates the significant role played by the real estate sector in inducing the Asian crisis; the linkage of the real estate sector to the general economy; the causes of real estate booms and subsequent busts; and the economic costs of real estate price volatility. The book also includes suggestions for moderating such volatility in the future.

Asia's Giants: Comparing China and India

by E. Friedman B. Gilley

This edited volume reconsiders the conventional wisdom, which argues that comparative performance (in economic, social, political, as well as diplomatic arenas) of China has been superior to that of India. The book brings together 'new paradigms' for evaluating the comparative performance of two countries. Essays show that if not outright wrong, conventional wisdom has proven to be overly simplified. The book brings out the complexity and richness of the India-China comparison.

Asia's Miracle Economies

by Jon Woronoff

An expanded and updated edition of Woronoff's 1986 study of Asia's emerging economic giants, this book looks back at what has happened in the intervening years, especially as regards the "discovery" of this phenomenon in the Western media and the overreactive hype that has accompanied it. As the author puts it: "My purpose is to show how these countries, which hitherto has been quite unremarkable, began to develop vigorously. What policies and strategies they used. What they did right and, even more importantly, what they did wrong."

Asia's Miracle Economies

by Jon Woronoff

An expanded and updated edition of Woronoff's 1986 study of Asia's emerging economic giants, this book looks back at what has happened in the intervening years, especially as regards the "discovery" of this phenomenon in the Western media and the overreactive hype that has accompanied it. As the author puts it: "My purpose is to show how these countries, which hitherto has been quite unremarkable, began to develop vigorously. What policies and strategies they used. What they did right and, even more importantly, what they did wrong."

Asia's New Institutional Architecture: Evolving Structures for Managing Trade, Financial, and Security Relations (The Political Economy of the Asia Pacific)

by Vinod K. Aggarwal Min Gyo Koo

Can regional and interregional mechanisms better institutionalize the - creasing complexity of economic and security ties among states in Nor- east, Southeast, and South Asia? As the international state system und- goes dramatic changes in both security and trade relations in the wake of the Cold War’s end, the Asian financial crisis, and the attacks of Sept- ber 11, 2001, this question is now of critical importance to both academics and policymakers. Still, little research has been done to integrate the ana- sis of both regional security and economic dynamics within a broader c- text that will give us theoretically informed policy insights. Indeed, when we began our background research on the origin and e- lution of Asia’s institutional architecture in trade and security, we found that many scholars had focused on individual subregions, whether Nor- east, Southeast or South Asia. In some cases, scholars examined links - tween Northeast and Southeast Asia, and the literature often refers to these two subregions collectively as “Asia”, artificially bracketing South Asia. Of course, we are aware that as products of culture, economics, history, and politics, the boundaries of geographic regions change over time. Yet the rapid rise of India and its increasing links to East Asia (especially those formed in the early 1990s) suggest that it would be fruitful to examine both developments within each subregion as well as links across subregions.

Asia's New World Order

by George T. Yu

Nowhere is the historic global transformation creating a new international context more striking than in East and South Asia. Leading specialists here discuss key economic and political changes within the region, and the impact of the Asian economic miracle on global politics and international relations. Prospects for growth, democracy and security are investigated in depth as well as their implications for other powers in the post cold-war world.

Asia's Rise in the 21st Century

by Scott B. MacDonald Jonathan Lemco

This expert analysis looks at what the increasing economic and political prominence of China and other Asian nations means to the West and the rest of the world.Asia's Rise in the 21st Century is a wake-up call to the West, offering a sophisticated assessment of a group of nations that are becoming essential markets for U.S. trade, industry, and finance, even as they increasingly represent fierce competition for global markets. The work traces changes that launched the region down the path to potential economic and political ascendancy, and it looks at various factors, from politics to economics to demographics that affect Asia now and will continue to do so in the future.China's prominence is explored in the context of how it complements and competes with the rest of Asia, especially Japan and India, and how it interacts with other major emerging-market countries, such as Brazil, Russia, and Turkey. The book also looks at the challenge China's ascendancy poses to the assertion that a successful capitalist system must be accompanied by political democracy. Finally, the authors suggest ways in which Asia's rise can be accommodated in the West and elsewhere and offer thoughts on where Asia, and especially China, will be in 2030.

Asia's Social Entrepreneurs: Do Well, Do Good... Do Sustainably

by Howard Thomas Havovi Joshi

Social enterprises of all forms drive inclusive growth by creating social and economic networks, and a stable ecosystem, that enable societies to grow and prosper. This book presents a collection of ten case studies that demonstrate the important role played by social enterprises in driving inclusive growth in Asia’s economies. Unlike the traditional models, such as NGOs and charities, that are donor dependent for funding, a social enterprise is a hybrid business model that includes both social mission and revenue generation goals to ensure sustainability and self-reliance. The ten case studies in the book provide a ringside view of how social enterprises operate and evolve to create, sustain, and scale up their social impact. Readers will gain a practical understanding of how social entrepreneurs struggle to maintain a balance between their two seemingly contradictory goals of creating social value and generating economic returns. The book carries the readers on the journey of each of these ten social enterprises, offering unique and valuable insights into the motivations, tribulations, successes, and even failures of these organisations—critical for continued learning, contribution, and innovation in the domain. The book is appropriate for all readers interested in the role social entrepreneurship plays in stimulating economic growth in Asia, including organisations, government, and universities, as well as individuals.

Asia's Social Entrepreneurs: Do Well, Do Good... Do Sustainably

by Howard Thomas Havovi Joshi

Social enterprises of all forms drive inclusive growth by creating social and economic networks, and a stable ecosystem, that enable societies to grow and prosper. This book presents a collection of ten case studies that demonstrate the important role played by social enterprises in driving inclusive growth in Asia’s economies. Unlike the traditional models, such as NGOs and charities, that are donor dependent for funding, a social enterprise is a hybrid business model that includes both social mission and revenue generation goals to ensure sustainability and self-reliance. The ten case studies in the book provide a ringside view of how social enterprises operate and evolve to create, sustain, and scale up their social impact. Readers will gain a practical understanding of how social entrepreneurs struggle to maintain a balance between their two seemingly contradictory goals of creating social value and generating economic returns. The book carries the readers on the journey of each of these ten social enterprises, offering unique and valuable insights into the motivations, tribulations, successes, and even failures of these organisations—critical for continued learning, contribution, and innovation in the domain. The book is appropriate for all readers interested in the role social entrepreneurship plays in stimulating economic growth in Asia, including organisations, government, and universities, as well as individuals.

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