Competitiveness, FDI and Technological Activity in East Asia
Competitiveness, FDI and Technological Activity in East Asia

Author: Sanjaya Lall

Publisher: Edward Elgar Publishing

Published: 2003

Total Pages: 442

ISBN-13:

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East Asia is the most competitive and dynamic industrial region in the developing world. This is universally acknowledged but not yet fully understood. In particular, the different strategies the Tiger economies used to access and absorb foreign technologies, and the interaction of technology imports with domestic technological effort, have not been sufficiently explored. interaction between foreign direct investment (FDI) and technological activity in building export competitiveness. The book covers China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand, highlighting different strategic approaches to building capabilities in industrial enterprises. The book also includes a general overview and studies of Japanese multinationals overseas.

An East Asian Renaissance
An East Asian Renaissance

Author: Indermit Singh Gill

Publisher: World Bank Publications

Published: 2007

Total Pages: 386

ISBN-13: 082136748X

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An East Asian Renaissance, by a World Bank team led by Chief Economist for East Asia & Pacific, Dr Homi Kharas and Economic Adviser, Dr Indermit Gill is the first comprehensive analysis of the new forces and challenges at play in the region since the Bank's seminal report of 1993, The East Asian Miracle. The report argues that regional flows of goods, finance and technology are helping even smaller East Asian countries reap the benefits of economies of scale and that this regional integration must be encouraged. But it also points out that these measures have to be supported by actions at the domestic level to ease the stresses and strains that rapid economic growth leaves in its wake. East Asia must now turn to the urgent domestic challenges of inequality, social cohesion, corruption and environmental degradation arising from its economic success.

The East Asian High-tech Drive
The East Asian High-tech Drive

Author: Yunpeng Zhu

Publisher: Edward Elgar Publishing

Published: 2006-04-26

Total Pages: 424

ISBN-13: 9781781958520

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East Asia has been an area of high economic growth for several decades. The East Asian High-Tech Drive argues that to maintain the growth momentum, the more advanced East Asian economies need to pay particular attention to policies designed to upgrade their industrial capabilities. The authors argue that effectively functioning institutions, predictable commercial policies, investments in human capital and infrastructure, openness and macroeconomic stability are essential for growth and technological development. Regarding the two lower income economies in the sample, Indonesia is found to have the smallest improvement in the skill intensity of its exports, while the Philippines has registered the slowest economic growth. For both countries, industrial upgrading issues are not as imperative as achieving or regaining rapid, labour-intensive growth as both recently experienced major political instabilities.

Multinationals and Economic Growth in East Asia
Multinationals and Economic Growth in East Asia

Author: Shujiro Urata

Publisher: Routledge

Published: 2006-11-22

Total Pages: 637

ISBN-13: 1134177488

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Developing countries in East Asia recorded remarkable economic growth until the Asian financial crisis erupted in mid-1997. Although several countries experienced devastating setbacks, most of them recovered to achieve reasonable rates of economic growth over the next few years. Sound macroeconomic management, export-oriented policies, and the availability of skilled and low-wage labour are among the factors that contributed to the rapid economic growth before the crisis and the recovery thereafter. Especially noteworthy in this regard is the role played by foreign direct investment (FDI). This comprehensive book identifies the factors that contributed to the expansion of FDI inflows in East Asia and the factors that enabled recipient countries to utilize FDI effectively. It includes detailed case studies on China, South Korea, Taiwan, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Also included is a comparative study of investing firms headquartered in the United States, Japan and Hong Kong. The authors conclude that social stability, clear and effective policy implementation and corporate governance are all key factors in reaping economic success from FDI.

Sustaining Development and Growth in East Asia
Sustaining Development and Growth in East Asia

Author: Timo Henckel

Publisher: Routledge

Published: 2012-11-12

Total Pages: 344

ISBN-13: 1136208232

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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. The chapters provide a healthy blend of theoretical and empirical analysis and offer a range of useful policy proposals. This book will be of interest to policy-makers, students and scholars of Asian economics and development economics alike.

Asian Development Experience Vol1
Asian Development Experience Vol1

Author: Hirohisa Kohama

Publisher: Institute of Southeast Asian Studies

Published: 2004-01-19

Total Pages: 264

ISBN-13: 9789812301963

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This book investigates the effects of Japans foreign aid for development, trade and FDI in ASEAN economies from various perspectives, including: the historical implications of Japans involvement; agricultural exports; the development patterns of the Southeast Asian economies; the formation of international production and distribution networks; poverty reduction; upgrading technology; and industrial agglomeration. The contributors analyse trade, FDI and foreign aid from the standpoint of policy coherence at the interface between development co-operation and many other policy areas: trade, agriculture, food safety, fisheries, intellectual property, the environment, international finance, tax policy, migration, and peace and security.

Understanding FDI-Assisted Economic Development
Understanding FDI-Assisted Economic Development

Author: Sanjaya Lall

Publisher: Routledge

Published: 2013-09-13

Total Pages: 307

ISBN-13: 1136876723

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It is nowadays well accepted that both economic growth and development are highly dependent on improving not just the availability of capital, but also access to technological capabilities, infrastructure and resources. This has gone hand-in-hand with an increasing economic liberalization of most developing countries. The role of the MNE as a viable source of both capital and technology is one of the key features of this new openness. In the process of embracing FDI as a solution to the myriad of economic ills - something even the World Bank has begun to do - little attempt is made to understand the rationale and the costs associated with this policy stance. Simply put, FDI is not a condition sine qua non for development. Too much emphasis has been placed on attracting FDI, and not on understanding how to optimise the benefits for the host economy. This volume aims to encourage and promote research related to these issues. This volume was previously published as a special issue of the European Journal of Development Research.

Economic Growth and Employment in Vietnam
Economic Growth and Employment in Vietnam

Author: David Lim

Publisher: Routledge

Published: 2014-03-21

Total Pages: 215

ISBN-13: 1317818598

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Vietnam has enjoyed significant economic success since the implementation of its "doi moi" reforms, including rapid growth in GDP, exports and foreign and domestic investment, and a shedding of poorly-performing state-owned enterprises. Despite this, however, the economic situation for many ordinary people in Vietnam is fragile, with income only just above the poverty line, and high unemployment, especially among the young. In addition, inflation is high, and the state-owned sector is still large, much of it still performing badly. This book provides a comprehensive overview of the current economic situation in Vietnam. It outlines the state of the economy, paying special attention to employment, discusses government policies including on trade and integration with the global economy, and concludes by assessing the key challenges facing Vietnam’s economy going forward.

Asia's Innovation Systems in Transition
Asia's Innovation Systems in Transition

Author: Jan Vang

Publisher: Edward Elgar Publishing

Published: 2006-01-01

Total Pages: 337

ISBN-13: 1847201733

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The success of Asian economies (first Japan, then Taiwan, South Korea, Singapore, Hong Kong and, more recently, China and India) has made it tempting to look for an Asian model of development. However, the strength of Asian development lies less in strategies that reproduce successful national systems of innovation and more in the capacity for institutional change to open up new development trajectories with greater emphasis on knowledge and learning. The select group of contributors demonstrate that although there are important differences among Asian countries in terms of institutional set.

Managerial Flow
Managerial Flow

Author: Veronica Vecchi

Publisher: Routledge

Published: 2015-04-10

Total Pages: 251

ISBN-13: 1317749561

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When globalization affects jobs and economies, policy makers strive to plan, design and implement actions to support their communities and businesses (Ansell and Gash 2007). Furthermore, local development policies are at the core of international cooperation programs or more in general represent a challenge for emerging countries. They could refer to infrastructure, entrepreneurship innovation or urban renewal. However, more frequently than not, development policies, which involve different institutional levels and public and private players, fail due to poor implementation management. This research book presents a managerial approach (the so called Managerial Flow) that could help the closure of gaps that hamper an efficient and effective policy execution. The managerial flow model observes the phenomenon of policy implementation for economic development through managerial lens. In the book, the research team has empirically identified five gaps in practice whereupon public policy implementation falls down. As a response Managerial Flow model outlines sets of managerial actions that can be adopted to facilitate a clear ‘flow’ from policy development through to implementation. This book expands on the Managerial Flow model, and acts as both a practical guide to stimulate evidence based policy implementation in governments and as theoretical contribution to policy and strategy execution. Written for researchers and academics, this book begins by outlining the theoretical foundations of Managerial Flow and moves to unpack application and cases, based in different sectors and countries, in order to discuss and show how the Managerial Flow approach can concretely support managers in the implementation of economic development policies. It reviews and discusses how the managerial flow could be relevant in the implementation of a set of sectorial policies and uses the managerial flow concept to analyse cases of economic development and establish lessons for broader management scope.