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For the outside world to understand modern Chinese movements is an extremely difficult, if not insurmountable task. This book, for the first time written by true insiders, reflects the approach the Chinese have pursued since the last century and especially why after so many successful or unsuccessful revolutions they finally took up reform as a means to solve their national problem. As senior advisers to the Chinese leaders the authors expose the undercurrents pushing the leaders to the brink of economic reform, and the obvious achievements of the early reform as well as the latent seeds for the later crisis.

Since the early 1950s East Asia (China, Taiwan and South Korea) and South-East Asia (Indonesia, Malaysia, Thailand and Vietnam) have, despite war and other challenges, managed to transform the lives of their people, whereas South Asia (India, Pakistan, Bangladesh and Sri Lanka) has lagged behind. The success of East and South-East Asia has not been accidental – it has been driven by action to reduce rural poverty, by the provision of decent education and health services to the people, and by high quality physical and institutional infrastructure, such as roads, ports and railways, and targeted support from the State to develop particular industries. In contrast, Pakistan has never confronted the problem of rural poverty, nor invested in public services. This failure is a reflection of the power of the landed class and its urban allies. This has now taken the form of widespread rent-seeking in the economy with the country's ruling elite sharing out the spoils amongst themselves rather than taking measures to grow the size of the economy so that all might share in the resulting prosperity.Rentier Capitalism sheds light on the reasons behind Pakistan's failure to bring prosperity to its people when compared to other East Asian and South-East Asian countries.

This book describes the opening of the Hungarian economy from the early This book describes the opening of the Hungarian economy from the early1980s to the current transition. It analyses the management of external debt and international competitiveness, and shows that the dismal economic performance of the country was only partially homemade. Assurances by the international financial community - that uninterrupted debt service would guarantee access to international capital markets - as well as protectionist western trade practices contributed considerably to Hungary's difficulties in credit management and export performance.

How can we account for the dynamic growth of East and Southeast Asian countries? Much of the debate has turned on the question of the'state'versus the'market'as exclusive (and often competing) explanations of the successful performance of individual countries. This book explores the distinctively interdependent nature of the East and Southeast Asian experience. As firms create a regional organization of production, the growing interdependence of national labour markets is one major outcome.

This is the second and final volume of a collection of studies on the role of the state in capital accumulation in Latin America. Volume One included a general historical and conceptual introduction and case studies of Brazil, Chile and Mexico. The present volume covers the remaining countries of South America (with the exception of Paraguay). Together, the ten countries examined in the two volumes represent 89% of the Latin American population and 94% of the continent's GDP.

As witness to one of the world's great crises in recent times, academics and students, business people, national and international government analysts, policy makers and political leaders worldwide have been pre-occupied by an effort to adequately unravel or sufficiently understand the factors that have brought about the so-called Asian financial, currency or economic crisis and hopefully to find plausible cures or solutions to it. This book examines the impact of economic globalization in developing economies and it applies empirical studies of all of the major countries to theoretical perspectives on the crisis.

Since the early 1970s the Italian economy has been moving towards an irreversible real and financial crisis. Paradoxically, the conditions engendered by the currency crisis and recession may also provide the basis for a new economic policy strategy, which could lead to built a mere'economic miracle!'

China's dramatic economic transformation can only be understood in relation to her modern history. David Pyle reviews the post-1978 reform process in the context of two centuries of Chinese economic, social and political history. Agricultural, industrial and financial reforms and the attraction of foreign trade and direct investment are analysed in detail. The conclusion compares China's gradualist approach with the'big bang'of Eastern Europe and the former Soviet Union, examining China's prospects and the lessons to be learnt elswhere.

A topical, up-to-date and highly authoritative survey of the highly controversial debate around reform of the European Union's Common Agricultural Policy. The book begins with a critical assessment of the 1992 MacSharry reform and the 1994 GATT Uruguay Round. It looks to the likely impact of future reforms on the agricultural economy, on consumers and on the environment, in the light of future EU developments including enlargement and budget constraints and the forthcoming world Trade Organization negotiations of 1999. The postscript highlights the main issues likely to inform the CAP debate into the next millennium.

An authoritative assessment of the reform efforts in African economies during the 1980s and early 1990s. The focus is on the reform process in the socialist countries which began from a position of pervasive state intervention. The impact of the subsequent economic liberalization and the changing role of the state during the period of transition is the focus of this theoretical overview, with particular coverage of macroeconomic management and the privatization of state enterprises. A companion volume (0-333-71237-4) contains in-depth country studies. These books are the first in an important new series in association with the Centre for the Study of African Economies, University of Oxford.

An authoritative assessment of the reform efforts in African economies during the 1980s and early 1990s, with the focus on economic liberalization in those socialist countries which began from a position of pervasive state intervention. A companion theoretical volume (0-333-66545-7) examines the changing role of the state during the period of transition. This volume examines the important debate on agricultural reforms in the period, and provides in-depth country studies of the transition economies, covering Congo, Madagascar, Tanzania and the impact of war on transition in Angola and Mozambique. These books are the first in an important new series in association with the Centre for the Study of African Economies, University of Oxford.

This volume explores the role of territory in the creation, maintenance and extension of a new type of frontier, the electronic frontier, from a social and economic point of view. It departs from the earlier concepts of borders – state, social, economic, ethnic, religious, etc. – to investigate the fluidity of borders and their shift towards an axis-based paradigm within the free-movement European Union. Specifically, the authors will examine a) the metamorphoses of frontiers between the real and the virtual, b) the importance of space (territory) in the new information society and the Digital Single Market and c) the evolution of electronic frontiers in relation to globalization and the network society. What happens when the Internet collides with new social and economic borders? In the past borders have been perceived from only a national state point of view. Now new types of borders or frontiers, such as social, economic, ethnic, religious frontiers, can be discussed. The electronic frontier is the result of a socio-economic analysis of the relationship between the Internet and new frontiers in society and the economy. The European space best represents the fluidity of borders and frontiers within this transformation. Thus, the European Union is the best space to perform research on the electronic frontiers. Borders are permeable or impermeable, agents of inclusiveness or of exclusion. The relations between the real space and the virtual space, but also the influence of the Internet on society, lead us to two other important concepts for our research, namely digital divide and digital inclusion, which define connections or barriers even within the virtual space. This book attempts to answer questions such as: What types of borders have information and communication technologies created in Europe? Which is the foundation of these new frontiers? How does the network society function in Europe and which type of frontier prevails? This title aims to fill the gap in the literature in the relationship between frontiers and information and communication technologies.

The book gives a thorough analysis of South-South trade in a theoretical and political framework. The development of South-South trade in manufactured goods since the 1960s is treated in detail. Problems and potentials of South-South trade in a development context are highlighted through a number of case-studies: the South-South export of manufactured goods from Togo, Nicaragua and Malaysia, Zimbabwe's export of manufactures to Zambia, and India's export of capital goods to Tanzania. This leads to an assessment of the possible future role of South-South trade in furthering Third-World development.

Highlighting recent revolutionary changes, this volume deals with the ongoing transformation from central planning towards more efficient economic structures in Eastern and Central Europe and the former USSR. Political democracy and the creation of market economies have now become realistic aims but the process of reform is only just beginning and is likely to take many years. The papers and discussions deal with systematic changes, deregulation, abolition of price controls and macroeconomic fiscal and monetary policies needed to stabilise the economics and to implement appropriate structural changes.

This book aims to explore the potential of the industrial district'model'through the analysis of Italy, the'land'of districts, and in Mexico, a less developed country. Empirical research assesses the extent to which the core characteristics of the'model'correspond to the clusters analyzed. The investigation focuses upon external economies and cooperation which stem directly from the industrial district'model', with particular emphasis upon the intense linkages existing within the clusters examined.

This study challenges the traditional image of peasants in developing economies as always passive to market forces. In this study of marketing upland crops in Indonesia the authors demonstrate active peasant participation and entrepreneurship in commercial and industrial activities. The peasant marketing system not only works as an effective bridge between farm producers and consumers but also produces significant employment and income in the rural sector. The Indonesian case suggests a genuine possibility of rural-based economic development in the third world.

The Japanese Occupation of Southeast Asia between 1941 and 1945 brought with it severe food shortages, largely arising from organizational failures and inadequate transportation. the nine essays in this volume examine the situation in food exporting countries such as Burma, Thailand and Vietnam, in food deficit areas such as Malaya, the Philippines and Java, and in Sarawak which was largely self-sufficient. Two essays examine in detail the famine that struck the Tonkin area of northern Vietnam in 1945.

Focusing on trade in manufactures, industrial restructuring and economic development and enforced by a rich source of data, this book offers an in-depth examination of the evolution and characteristics of Hong Kong's postwar economy. The book presents an historical and comparative perspective and analyses the symbiotic connection with South China in the light of China's open-door policy since late 1970s, as well providing a thoughtful assessment of its current turning point.

In this volume the perceptive reader will find many clues to the future of the Soviet Union, Eastern Europe, East-West economic relations and the impact of governments in this area. The authors are aware of the mistakes of the past, the limitations of centralized planning, the dangers and the futility of confrontation; and the global significance of the new roles that governments must play in the transitional period of political and economic reform in the East.

The Kazakstan Economy deals with the last years of the planned economy in Kazakstan and goes on to explore the beginning of national sovereignty, the introduction of the new national currency and the first steps by the Kazakstani government on a course of reform. The author covers the most important elements of economic changes: privatization and industrial transformation. A view of the methods of reform in different sectors of the economy is also provided: the oil and gas industry, agrarian sector, banking system, foreign economic activity and military complex. The final analysis is upon the socio-economic implications of transition.

Economic prospects for the countries of the Middle East and North Africa are assessed in light of the changing world economy, increasing integration of trade and financial markets, greater needs for educated labour, and growing concerns about poverty and environmental degradation. Cross-country papers on thematic topics by international scholars are presented. The need for major economic reforms is emphasized if the region is to use greater integration in the world economy as the basis for generating growth and jobs and reducing poverty.

Sub-Saharan Africa is the only region in the world where the population is worse off today than it was 20 years ago. Thus, global interest has shifted away from Africa, and Africa is referred to as the'marginalised continent'. But is this decline inevitable or is it reversible? The papers in this book attempt to answer this question, examining policies to avoid marginalisation and ensure that Southern Africa, the most promising part of the continent, and South Africa, its engine of economic growth, become competitive in the new world trade order.

What policies should be pursued by, first, the peripheral countries, like Greece and Eastern Europe, and, second, by the median countries, like Spain, to qualify for monetary union? How should the core countries coordinate their fiscal policies once in a monetary union? This book considers the widening and deepening process of European integration and is based on work carried out for DG II of the European Commission in 1992-05. The conclusions reached for the median countries were endorsed by the finance ministers in Verona in 1996.

This book analyses China's historical experience of industrialization. It adopts a critical stance towards China's development strategy and proposes an alternative approach, outlining its main features. Due to the great importance and special problems of China's rural modernization, special attention is devoted to analysis of the rural sector. Many of China's rural socio-economic problems are similar to those encountered in other developing countries. It is intended that the book will increase understanding of China's socio-economic development as well as contributing to wider debates in the theory of economic development.

Japan achieved it's present economic position by rejecting free trade theory and instead mastering neomercantilist policies which target strategic industries for development with a range of government sponsored cartels, subsidies, import barriers and export incentives. These policies stimulated an economic growth rate which averaged ten percent before 1973, and five percent since, rates four and two times greater than America's during the same periods. This book analyzes the policy making process, implementation, successes, occasional shortcomings, and challenges posed by Tokyo's neomercantilist policies toward its trade rivals.

This is a study of the long-run evolution of the relationship between China and the world economy. The book presents an original interpretation of the country's socio-economic processes in the past 150 years, focusing on China's interaction with the expanding capitalist world economy. The author argues that the general thrust of China's quest for development or'modernization'has been to catch up with the wealthy nations of the West, and goes on to explain the changing paths and outcomes. The book proceeds chronologically from China's mid-nineteenth-century incorporation to the world economy, starting from a semi-colonial state to the Maoist state-led industrialization after 1949, and to the post-Mao liberalization and reintegration. By carefully examining the patterns of development in these three major periods of the nation's history, it addresses fundamental issues pertaining to the making of modern China. This rigorously argued book will be a timely and much debated contribution, as the `rise of China'in the twenty-first century has become an issue of our time.

Das vorliegende Buch vereinigt Fallstudien zur Krisenfestigkeit in acht deutschsprachigen Regionen mit jeweils unterschiedlichen strukturellen Voraussetzungen, Anpassungsstrategien und -instrumenten, Krisenerfahrungen und wirtschaftlichen Erfolgen. Im Vergleich zu anderen europäischen Ländern wird die wirtschaftliche Entwicklung in den deutschsprachigen Ländern Deutschland, Österreich und Schweiz während des vergangenen Jahrzehnts positiv beurteilt. Beschäftigung und Exporte stiegen an, und das Wirtschaftswachstum sank lediglich relativ kurzfristig im unmittelbaren weltweiten Wirtschaftskrisenjahr 2009. Die Fallstudien basieren auf Experteninterviews in den jeweiligen Regionen und auf nationaler und europäischer Ebene sowie zwei Workshops mit Praktikern aus untersuchten Regionen in Baden-Württemberg und Sachsen. Zielgruppen für das Buch sind zum einen Praktiker in Landesregierungen, regionalen und lokalen Wirtschaftsförderungen, Kammern und Verbänden und zum anderen regionalwissenschaftliche Forscher.

Conscious that trust deficit is a principal concern in East Asia, the book attempts to suggest ways to enhance confidence in certain key areas such as disputes in East and South China Seas, maritime CBMs, impact of economic interdependence on security, and issues concerning identity and values in Asian thinking.

Based on extensive field work involving the leading figures of the diverse Syrian National Coalition, an umbrella initiative of opposition groups fighting against the Assad regime, this study critically evaluates the challenges ahead as well as the inherent opportunities for the post-conflict era in Syria.

This book focuses on international relations in the Indian Ocean region and examines bilateral and multilateral relations in the Indo-Pacific region. Written by leading researchers in the fields of international studies and Indian Ocean studies, the report provides a strategic review, major events and related data in this region. It is divided into three major parts: the General Report examines new characteristics in the relations between great powers, the strategic landscape of South Asia and the Indian Ocean region, and strategic competition and multilateral relations in the Indo-Pacific region. The second part explores current bilateral relations: India-Myanmar, Sino-Myanmar, Sino-India, US-Myanmar, and Japan-Myanmar, while the third highlights issues such as Myanmar's democratization, India and TPP. Despite the turmoil in this region, the report shows that it will predominantly be one characterized by peace, development and cooperation in the years to come. At the same time, it is vital that a new type of great power relations be established to ensure peace and prosperity in the Indian Ocean region. In closing, the report puts forward a number of suggestions for improving relations between China and Indian Ocean countries.

The book introduces central themes that have preoccupied the field of South Asian politics over the last few decades and identifies new, emerging areas of research. Presenting both general political theory and context-specific case studies, the collection draws attention to the methodological challenges of working on an area-specific theme and the importance of generating generalizable insights linked to theory. Hence it will be of interest for political scientists working on South Asian politics as well as on other non-Western societies. The collection represents an unusually broad survey of scholarship emerging from a range of leading academic centres in the field.

This book provides, in an easy-to-use format, an extensive collection of data and information on China's 31 provinces and its interprovincial economic linkages. Intended as a comprehensive resource book, it profiles the geography, demography, and economy for each province. The materials presented, which are gathered from a variety of sources, including many not easily found in English-language media, will be of great value to students, researchers, business and government agencies, and news media professionals who are interested in either individual provinces or China as a whole.

The book analyzes the social consequences of recent development strategies in Latin America. The volume introduces readers to official strategies, private initiatives and individual responses to issues of welfare and poverty during the twentieth century. These issues are addressed from several disciplines. A substantial introduction is followed by a wide range of case-studies, including Pinochet's Chile, the Haiti of the Duvaliers and Nicaragua under the somocistas and sandinistas, as well as Brazil, Mexico, the Argentine, Cuba and Colombia.

This book brings together for the first time studies on all aspects of the Malaysian economy. These range from the geological origins and mineral resources, flora, fauna, peoples and cultures, political development, economy and society, environment and ecotourism in Malaysia and encapsulates the integration of the country into the wider international economy. The book also attempts to make Malaysia's current economic and political development more explicable by considering it in the light of these natural and human resource endowments and by exploring how they have changed over time.