67,220 research outputs found

    Central Asia after Fifteen Years of Transition: Growth, Regional Cooperation, and Policy Choices

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    This paper presents a coherent and systematic analysis of the collapse and subsequent revival of the Central Asian Republics (CARs) since 1990. The focus is on the pattern of growth and structural change during the cycle of decline and subsequent revival in the CARs, which have yet to be adequately analyzed in the literature on transition. The paper relates economic performance to initial conditions, country characteristics, and policies. Within this framework, it proposes a simple typology of policies (including a new 'Type III' set of policies on regional cooperation and industrial competitiveness) and relates them to the cycle of decline and revival. It goes on to examine medium-term prospects and policy needs for the CARs.growth; economic reform; regional cooperation; industrial competitiveness; Central Asia; transitional economies

    Championing literature throughout the Commonwealth

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    This article consists of reports from several different editors of Journals from different parts of the Commonwealth, including information on past and current publications, their hosting organisations, editorial boards, funding arrangements, academic profiles and audiences. This is all integrated into a general overview of some of the most eminent current Commonwealth journals

    Development Asia

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    Beneath the gloss of Asia’s newfound prosperity lies an unsettling reality. Rising inequality has denied the benefits of Asia’s economic growth to many millions of its citizens. The problem is worsening as the region’s rich get richer much faster than the poor, who miss out on the income, education, and health care they need to lead fulfilling lives. In this issue’s Special Report, Development Asia examines Asia’s widening inequality from many different perspectives. We look at the role of globalization in producing inequality, and consider the disputed relationship between inequality and economic growth. Asia isn’t the only region suffering from a wealth gap, but unlike others it has failed so far to narrow the divide. Most of its large economies have shown rising income inequality since the 1990s, and rural poverty is outpacing urban poverty across much of the continent. If left unchecked, the consequences of this trend could be dire. Palaniappan Chidambaram, the Government of India Finance Minister, provides unique insights into India’s experience with inequality in a fascinating question-and-answer session. In a forthright opinion piece, former World Bank chief economist Justin Yifu Lin delivers his prescription for tackling inequality in the People’s Republic of China (PRC). We discuss how some countries have managed to sidestep the inequality trap, and reveal how others like Cambodia have made progress in curbing the symptoms of inequality— in this case child mortality. Rounding out our cover package is a central question: What can be done about inequality? While some characterize inequality as a phase on the path to prosperity, an emerging consensus suggests otherwise and highlights the importance of inclusive, jobs-rich growth. In our Features section, we venture into Asia’s sprawling slums for a closeup look at how hope—and economies— can take root amid the squalor. Many slums are now vital hubs in the broader economy of their cities, a positive step but one that complicates plans for slum redevelopment. Closing this issue is Black & White, a new section that provides a space for some of Asia’s leading photographers to display their work on a specific development project or theme. In this issue, Filipino photographer Veejay Villafranca spent time with the garbage-pickers of Manila’s Smokey Mountain waste dump. Veejay’s powerful image, on page 56, and the story of a project trying to improve the lives of the pickers, suggests it was time well spent

    Democratisation and Human Rights in Central Asia: Problems, Development Prospects and the Role of the International Community. CEPS Policy Brief No. 134, July 2007

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    This Policy Brief by the Director of the Kazakhstan International Bureau for Human Rights and Rule of Law in Almaty examines the progress made in the former communist states in Central Asia in their efforts to introduce democratic reforms and respect for human rights into their national institutions and diagnoses the major obstacles they have encountered. In the process, he evaluates the contribution made to these efforts by the international community and outlines additional strategies and support programmes to be adopted

    "Innovation and Growth: A Schumpeterian Model of Innovation"

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    Following Schumpeter we assume that innovation in specific firms, or groups of firms, can have economy-wide effects. Models based on this idea can be shown to have multiple equilibria. The idea of a positive feedback loop innovation system or POLIS is formalized by picking an appropriate sequence of equilibria over time. It is shown that POLIS has empirical relevance by applying the formal model to an actual economy. The 1997-98 financial crisis in many Asian countries, most notably South Korea, seemed to have reversed the conventional wisdom regarding the East Asian miracle". This paper applies the concept of a POLIS to the case of Taiwan to show that at least in this case, neither the view that the miracle was a mirage nor the view that the growth was a result of factor accumulation only is correct. Ultimately technological transformation - in particular the creation of a positive feedback loop innovation system is what makes the difference between sustained growth and gradual or sudden decline. Although various problems remain in both the real and the financial sectors, the successes of Taiwan in building the preconditions for an innovation system are worth examining. Upon careful examination of Taiwan's system of innovation within the above Schumpeterian model it is found that Taiwan has a fighting chance of building a POLIS in the near future. An interesting feature of the Taiwan POLIS is the modular organizational architecture of some of the high technology firms in Hsinchu science-based industrial park and other centers.

    European Union Trade Policy Towards China, Japan and South Korea

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    Rozdział z: The Quandaries and Foreign Development, ed. D. Mierzejewski, “Contemporary Asian Studies Series