Asian Transformations

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.

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.

Southeast Asia is one of the most dynamic regions in the world. This volume offers a timely approach to Southeast Asian Studies, covering recent transitions in the realms of urbanism, rural development, politics, and media. While most of the contributions deal with the era of post-independence, some tackle the colonial period and the resulting developments. The volume also includes insights from Southern India. As a tribute to the interdisciplinary project of Southeast Asian Studies, this book brings together authors from disciplines as diverse as area studies, sociology, history, geography, and journalism.

Among a vast literature on the Asian economies, the book proposes a distinctive approach, inspired by Régulation Theory, in order to understand the current transformations of the Asian economies. The book follows their transformations after the 1997 Asian crisis until the subprime crisis. During this period, the viability of their growth regime was to coherence of five basic institutional forms: the degree of competition and insertion into the world economy, the nature of labour market organization, the monetary and exchange rate regimes and finally the style for State intervention via legislation, public spending and tax. The book provides new findings. The degree of financial liberalization and opening to the world economy largely determines the severity of the 2008-2009 recession and the political-economic reactions of each Asian countries to the subprime crisis. Asian capitalisms are distinct from American and European ones, but they are quite diverse among themselves, and this differentiation has been widening during the last decade. This book will help to shed light on a de facto regional economic integration is taking place in Asia, but unsolved past political conflicts do hinder the institutionalisation of these interdependencies.

This book provides the basis for a reconceptualization of key features in Southeast Asia's history. Scholars from Europe, America, and Asia examine evolutionary patterns of Europe's and Japan's Southeast Asian empires from the late nineteenth century through World War II, and offer important insights into the specific events of the 1940s, 1950s, and 1960s. In turn, their different perspectives on the political, economic, and cultural currents of the "post-colonial" era - including Southeast Asia's gradual adjustment to globalizing forces - enhance understanding of the dynamics of the decolonization process. Drawing on new and wide-ranging research in international relations, economics, anthropology, and cultural studies, the book looks at the impact of decolonization and the struggle of the new nation-states with issues such as economic development, cultural development, nation-building, ideology, race, and modernization. The contributors also consider decolonization as a phenomenon within the larger international structure of the Cold War and the post-Cold War eras.

This book documents experimentation with various policy and governance approaches that produce structural differences in the composition and organisation of Asia’s higher education systems. In view of the wide variation in the public and private provision of higher education, it showcases how issues of access, equity and modes of participation are addressed, how institutional and programme quality are managed and how academic labour is treated and developed. The book both maps these differences and analyses the country-level dynamics, policy approaches and the problems faced by a variety of states in Asia in the race to develop competitive higher education systems. Focusing on the intersection of governance and higher education policy, it addresses the challenges facing higher education in Asia and the national responses of governments in terms of the organisation of the sector.

Asian countries are catching up with the West by transforming their primarily agrarian societies into industrial powerhouses. Manufacturing is driving innovation, productivity growth, and higher standards of living for billions of Asians. In the colonial past, the Asian production and supply chains served Western consumers. The world is now poised to evolve, led by a unified Asian business landscape capable of driving sustainable global growth within industries and markets. The Global Rise of Asian Transformation provides insights into the complex process of macro-political and economic dynamics reshaping the business landscape throughout Asia. This edited collection lays bare the megatrends that are challenging the region, including emerging consumers, urbanization, infrastructure, climate change, and energy megatrends that will further bolster the region's world standing if governments and businesses handle them adeptly. Case studies of major international companies, such as Sony, Lenovo, and Tata Motors, are also included.

Since Soviet collapse, the independent republics of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan have faced tremendous political, economic, and security challenges. Focusing on these five republics, this textbook analyzes the contending understandings of the politics of the past, present and future transformations of Central Asia, including its place in international security and world politics. Analysing the transformation that independence has brought and tracing the geography, history, culture, identity, institutions and economics of Central Asia, it locates ‘the political’ in the region. A comprehensive examination of the politics of Central Asia, this insightful book is of interest both to undergraduate and graduate students of Asian Politics, Post-Communist Politics, Comparative Politics and International Relations, and to scholars and professionals in the region.