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This open access book asks why and how some of the developing countries have “emerged” under a set of similar global conditions, what led individual countries to choose the particular paths that led to their “emergence,” and what challenges confront them. If we are to understand the nature of major risks and uncertainties in the world, we must look squarely at the political and economic dynamics of emerging states, such as China, India, Brazil, Russia, and ASEAN countries. Their rapid economic development has changed the distribution of wealth and power in the world. Yet many of them have middle income status. To global governance issues, they tend to adopt approaches that differ from those of advanced industrialized democracies. At home, rapid economic growth and social changes put pressure on their institutions to change. This volume traces the historical trajectories of two major emerging states, China and India, and two city states, Hong Kong and Singapore. It also analyzes cross-country data to find the general patterns of economic development and sociopolitical change in relation to globalization and to the middle income trap.
Economic policy. --- Development economics. --- China-History. --- Asia-History. --- Political science. --- Political economy. --- Economic Policy. --- Development Economics. --- History of China. --- History of South Asia. --- Governance and Government. --- International Political Economy. --- Economic theory --- Political economy --- Social sciences --- Economic man --- Administration --- Civil government --- Commonwealth, The --- Government --- Political theory --- Political thought --- Politics --- Science, Political --- State, The --- Economics --- Economic development --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy --- China --- Asia --- History. --- China—History. --- Asia—History. --- Management science --- Economic policy --- Development economics --- China—History --- Asia—History --- Political science --- International economic relations. --- International Political Economy’.
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Industrial economics --- Firms and enterprises --- Asia --- Africa
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The need to construct an effective strategy for industrial development in low-income countries has been largely ignored by development economists because industrial policies have failed in many developing countries. This does not imply, however, that industrial development cannot be promoted. This paper attempts to synthesize the conventional wisdom in development economics with recent advancements in various fields of economics (such as theories of endogenous growth and agglomeration economies) to provide a useful framework to design a strategy for industrial development, which consists of investments in managerial human capital followed by the provision of credit and the construction of industrial zones.
Access to Finance --- Comparative Advantage --- Competitive Market Environments --- Construction of Industrial Zones --- Economic Theory & Research --- ICT Policy and Strategies --- Industrial Cluster --- Labor Policies --- Macroeconomics and Economic Growth --- Managerial Training --- Political Economy --- Provision of Credit --- Public Sector Development
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The need to construct an effective strategy for industrial development in low-income countries has been largely ignored by development economists because industrial policies have failed in many developing countries. This does not imply, however, that industrial development cannot be promoted. This paper attempts to synthesize the conventional wisdom in development economics with recent advancements in various fields of economics (such as theories of endogenous growth and agglomeration economies) to provide a useful framework to design a strategy for industrial development, which consists of investments in managerial human capital followed by the provision of credit and the construction of industrial zones.
Access to Finance --- Comparative Advantage --- Competitive Market Environments --- Construction of Industrial Zones --- Economic Theory & Research --- ICT Policy and Strategies --- Industrial Cluster --- Labor Policies --- Macroeconomics and Economic Growth --- Managerial Training --- Political Economy --- Provision of Credit --- Public Sector Development
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This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building. Yusuke Takagi is Assistant Professor of the National Graduate Institute for Policy Studies (GRIPS), Veerayooth Kanchoochat is Associate Professor of GRIPS and Tetsushi Sonobe is Vice President of GRIPS.
Economic policy. --- Economic history. --- Development economics. --- Africa-Politics and government. --- Asia-Politics and government. --- Economic Policy. --- Economic History. --- Development Economics. --- African Politics. --- Asian Politics. --- Development Policy. --- Economics --- Economic development --- Economic conditions --- History, Economic --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy --- Africa --- Asia --- Politics and government. --- Africa—Politics and government. --- Asia—Politics and government. --- Management science --- Economic policy --- Economic history --- Development economics --- Africa—Politics and government --- Asia—Politics and government
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This Open Access book explores the multifaceted nature of agricultural and rural development in Asia and examines the extent to which the Asian experience is being replicated in contemporary Africa. This volume compiles the works of top scholars who provided analyses and evidences from household-level surveys collected for many years in several parts of Asia and Africa. The most important finding presented in this book is that African agricultural development has evolved following the pathways of Asian agricultural development. The common pathways are borrowed technology from abroad and adaptive research in rice farming; secured property rights on natural resources; adoption of ICTs; investments in human capital, including training; and launching of the high-value agriculture. In both continents, agricultural development started in the crop sector, which had a strong tendency to induce the dynamic development of other sectors in rural areas.
Agricultural science --- Development economics & emerging economies --- Development studies --- Agricultural development --- Rural development --- Green Revolution --- Sustainable agriculture --- Agricultural technology --- Rice farming --- Keijiro Otsuka Festschrift --- Agriculture --- Development economics. --- Economic aspects.
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This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building. Yusuke Takagi is Assistant Professor of the National Graduate Institute for Policy Studies (GRIPS), Veerayooth Kanchoochat is Associate Professor of GRIPS and Tetsushi Sonobe is Vice President of GRIPS.
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