Southeast Asia's Misunderstood Miracle
Southeast Asia's Misunderstood Miracle

Author: Jomo K.S.

Publisher: Routledge

Published: 2019-06-04

Total Pages: 193

ISBN-13: 1000312356

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"The debate on the major factors contributing to Southeast Asian industrialization continues unabated. As might be expected, there is much at stake in this debate. The debate is largely ideological in nature and partly centers on the role and contribution of state interventions and other institutions in market processes in the context of late industrialization. At the risk of caricaturing the debate, on the one hand, one finds the dominant and more influential position held by those who blame the state for all that has gone wrong and credit the market for all that has turned out right; on the other hand, the minority statist extreme position basically credits most major economic achievements in East Asia to appropriate interventions by developmentalist states. While very few people would actually fully identify with either of these caricatured extremes, much of the discussion actually gravitates around either of these poles. "

Rethinking the East Asian Miracle
Rethinking the East Asian Miracle

Author: Joseph E. Stiglitz

Publisher: World Bank Publications

Published: 2001-06-01

Total Pages: 538

ISBN-13: 0195216008

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This volume provides highly illuminating, analytic perspectives on key facets of the East Asian economies. It discusses weaknesses in the financial sector, corporate governance, exchange rate and trade policies, regulatory capability, and proposes remedies. Rethinking the East Asian Miracle is an indispensable book for all those with an interest in East Asia's prospects in the early decades of the new century.

Southeast Asia's Industrialization
Southeast Asia's Industrialization

Author: K. Jomo

Publisher: Springer

Published: 2001-10-02

Total Pages: 368

ISBN-13: 113700231X

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Drawing on a wide range of expertise, this volume addresses fundamental issues surrounding industrialization in Southeast Asia, which are particularly pressing now that the region's miracle has been transformed into a debacle, and the world seeks to draw lessons from the experience. The contributors address crucial questions such as: How did Southeast Asia industrialize? What have been the consequences of domination by foreign investment? Did the region's resource wealth weaken its imperative to industrialize? Why else has Southeast Asia's industrialization been inferior to the rest of the East Asian region? Did the countries' financial systems help industrialization? Was this industrialization sustainable? The volume includes detailed studies of Singapore, Malaysia, Thailand and Indonesia.

Rethinking Asia's Economic Miracle
Rethinking Asia's Economic Miracle

Author: Richard Stubbs

Publisher: Bloomsbury Publishing

Published: 2017-09-08

Total Pages: 279

ISBN-13: 1137557265

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In the new edition of this important contribution to understanding both the Asian economic miracle and the 1997-8 crisis, Richard Stubbs assesses the main explanations to date and updates the analysis to take account of globalization and the remarkable economic rise of China.

Business, Government and Labor
Business, Government and Labor

Author: Linda Y C Lim

Publisher: World Scientific

Published: 2017-12-07

Total Pages: 422

ISBN-13: 9813225254

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Business, Government and Labor in the Economic Development of Singapore and Southeast Asia analyzes the inter-linked and evolving roles of private sector business, government public policy, and labor markets in the economic development of Singapore and its Southeast Asian neighborhood. It does this through 16 essays written by Prof. Linda Y C Lim, an early and long-established scholar of these subjects, and published over a 35-year period. For Singapore, often considered the world's most successful economy, the essays highlight the determining role of government's industrial and social policy through to the present day, when the growth model of the past faces many external market and domestic resource constraints. In the rest of Southeast Asia, in contrast, the essays explore how private sector business, dominated by the locally-domiciled ethnic Chinese minority, thrived and drove economic growth in underdeveloped markets with imperfect institutions, and consider if and how this might change with China's increasing presence in the regional economy. A final set of essays analyzes the forces underlying women's employment, from labor-intensive Southeast Asian export factories in the 1980s to Singapore's foreign-labor-dependent economy and its current productivity challenges. Taken together, the essays show how government, business and labor interact in the process of economic development.

Gender, Emotions and Labour Markets - Asian and Western Perspectives
Gender, Emotions and Labour Markets - Asian and Western Perspectives

Author: Ann Brooks

Publisher: Routledge

Published: 2010-12-14

Total Pages: 156

ISBN-13: 1136848185

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The concept of emotional labour has largely emerged from the analysis of organizations in the West. However, little has been written about the issue of what defines emotional labour and how it is configured in different cultural contexts. This book addresses this gap in the literature and considers how, and in what ways, emotional labour characterises formal and informal work environments in Southeast Asia.

After the Storm
After the Storm

Author: Jomo Kwame Sundaram

Publisher: NUS Press

Published: 2004

Total Pages: 336

ISBN-13: 9789971692865

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After the Storm discusses restructuring and growth strategies adopted in Indonesia, Malaysia, Thailand, and South Korea after the currency and financial crisis of 1997-98. These four Asian economies were the most adversely affected despite achieving rapid growth in the 1970s and 1980s, with low inflation and current account surpluses. Although macroeconomic fundamentals in these countries were relatively sound prior to the crisis, early analyses of the crisis dwelled on the failure of corporate governance, currency controls and immature financial institutions and infrastructure in some countries. The book offers fresh insights into the causes of the crisis and postcrisis restructuring, the growth strategies adopted, and domestic initiatives taken by these countries. It also reveals why reforms recommended by the IMF, World Bank and others were met with resistance, thereby contributing to the ongoing discourse on the effects of globalisation.

The Leap of the Tiger
The Leap of the Tiger

Author: Reda Cherif

Publisher: International Monetary Fund

Published: 2015-06-23

Total Pages: 27

ISBN-13: 1513590731

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Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970-2010. Malaysia’s real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent in 1970. Despite relatively strong growth and a substantial improvement in export sophistication, Malaysia’s total factor productivity lagged behind that of Korea and Taiwan Province of China. We argue that what characterizes their experience in contrast to Malaysia’s is the creation of technologies by domestic firms and a push to leapfrog to the technological frontier at an early stage of development.