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Paths to the Emerging State in Asia and Africa

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Book Series: Emerging-Economy State and International Policy Studies ISBN: 9789811331312 Year: Pages: 292 DOI: 10.1007/978-981-13-3131-2 Language: English
Publisher: Springer Nature
Subject: Economics --- History
Added to DOAB on : 2020-02-04 11:21:25
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Abstract

This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.

Emerging States and Economies

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Book Series: Emerging-Economy State and International Policy Studies ISBN: 9789811326349 Year: Pages: 177 DOI: 10.1007/978-981-13-2634-9 Language: English
Publisher: Springer Nature
Subject: Economics --- Political Science --- History
Added to DOAB on : 2020-02-04 11:21:25
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This open access book asks why and how some of the developing countries have “emerged” under a set of similar global conditions, what led individual countries to choose the particular paths that led to their “emergence,” and what challenges confront them. If we are to understand the nature of major risks and uncertainties in the world, we must look squarely at the political and economic dynamics of emerging states, such as China, India, Brazil, Russia, and ASEAN countries. Their rapid economic development has changed the distribution of wealth and power in the world. Yet many of them have middle income status. To global governance issues, they tend to adopt approaches that differ from those of advanced industrialized democracies. At home, rapid economic growth and social changes put pressure on their institutions to change. This volume traces the historical trajectories of two major emerging states, China and India, and two city states, Hong Kong and Singapore. It also analyzes cross-country data to find the general patterns of economic development and sociopolitical change in relation to globalization and to the middle income trap.

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