Emerging States and Economies [electronic resource] : Their Origins, Drivers, and Challenges Ahead

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Tác giả: Takashi Shiraishi, Tetsushi Sonobe

Ngôn ngữ: eng

ISBN-13: 978-9811326349

Ký hiệu phân loại: 338.9 Economic development and growth

Thông tin xuất bản: Singapore : Springer Singapore : Imprint: Springer, 2019

Mô tả vật lý: X, 177 p. 15 illus., 5 illus. in color. , online resource.

Bộ sưu tập: Tài liệu truy cập mở

ID: 169435

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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