Product Description: While the world’s attention has been focused on the spectacular economic success of Japan and Korea, the less developed countries of Asia have often been neglected.  Asian Development closes the gap.  In nontechnical style and with minimal mathematics, it presents an in-depth perspective on the economic development of fourteen countries in East, Southeast, and South Asia...read more

Of the developing nations of East Asia, Indonesia came relatively late to liberalizing its trade and investment regime. Only in the mid-1980s, when it was clear that oil revenues alone would not suffice and that a new engine of growth was needed, did the country's government swing behind a systematic deregulation effort. Tariffs were cut, non-tariff barriers were lowered, foreign investment restrictions were reduced, export promotion incentives were enhanced, and various financial sector regulations were eased. All this combined to spark a labor-intensive export-led economic boom that was accompanied by an expansion in wages and employment and a boost in productivity. This book documents how Indonesia truly became part of the East Asian miracle story starting in the mid-1980s. Destined to become a leading case study of export-led development in Indonesia, this book grew out of a World Bank/Indonesian Economic Society Symposium held in Jakarta.There was, however, a parallel story as well, of crony capitalism and weak governance, that led to the financial and political crisis of 1997-98. These aspects were reflected in continued protection of certain sectors where the cronies were active, in restrictions on domestic trade and competition that were left in place for their benefit, and in financial manipulations that were conducted to their advantage. These aspects are noted as well in the book and pulled together in the concluding chapter, which takes the story up through the crisis years to the present.

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Product Description: India has entered the fifth decade of her history as a unitary democratic republic. According to Subroto Roy and William E. James, a reassessment of India's agenda for the 90s is in order. Interdisciplinary in nature, the original essays comprising this volume define India's possible social, political, and economic goals, and call for an open and frank discussion of the country's state of affairs...read more

Product Description: Interdisciplinary in nature and presenting diverse points of view, this highly readable volume offers an in-depth and provocative discussion of contemporary Pakistan. After briefly placing Pakistan in its historical setting, the contributors examine numerous problems the Pakistani government must address in the coming decade if the country is to succeed both politically and economically...read more

Product Description: The East Asian Crisis of 1997 and the following economic meltdown has raised new questions about the role of public policy in Asian economic growth and the best mix of policies to insure the survival of economic growth. Although economists agree that macroeconomic stability, the encouragement of exports and FDI inflows, and the development of human resources have been important in East Asian growth, they do not agree on whether industry specific policies have been useful...read more (view table of contents, read Amazon.com's description)