How Finance Is Shaping The Economies Of China Japan And Korea

How Finance Is Shaping the Economies of China  Japan  and Korea PDF Book Detail:
Author: Yung Chul Park
Publisher: Columbia University Press
ISBN: 0231536461
Size: 40.61 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 376
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Book Description: This volume connects the evolving modern financial systems of China, Japan, and Korea to the development and growth of their economies through the first decade of the twenty-first century. It also identifies the commonalities among all three systems while accounting for their social, political, and institutional differences. Essays consider the reforms of the Chinese economy since 1978, the underwhelming performance of the Japanese economy since about 1990, and the growth of the Korean economy over the past three decades. These economies engaged in rapid catch-up growth processes and share similar economic structures. Yet while domestic forces have driven each country's financial trajectory, international short-term financial flows have presented opportunities and challenges for them all. The nature and role of the financial system in generating real economic growth, though nuanced and complex, is integral to these countries. The result is a fascinating spectrum of experiences with powerful takeaways.

East Asia In The World

East Asia in the World PDF Book Detail:
Author: Anne Prescott
Publisher: Routledge
ISBN: 1317509706
Size: 49.28 MB
Format: PDF, ePub, Mobi
Category : History
Languages : en
Pages : 291
View: 1164

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Book Description: From the Foundations in Global Studies series, this text offers students a fresh, comprehensive, multidisciplinary entry point to East Asia. After a brief introduction to the study of East Asia, the early chapters of the book survey the essentials of East Asian history; important historical narratives; and the region's languages, religions, and global connections. Students are guided through the material with relevant maps, resource boxes, and text boxes that support and guide further independent exploration of the topics at hand. The second half of the book features interdisciplinary case studies, each of which focuses on a specific country or region and a particular issue. Each chapter gives a flavor for the cultural distinctiveness of the particular country yet also draws attention to global linkages. Readers will come away from this book with an understanding of the larger historical, political, and cultural frameworks that shaped East Asia as we know it today, and of current issues that have relevance in Asia and beyond.

The Handbook Of China S Financial System

The Handbook of China s Financial System PDF Book Detail:
Author: Marlene Amstad
Publisher: Princeton University Press
ISBN: 0691205736
Size: 13.89 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 504
View: 545

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Book Description: "The Chinese economy is now easily one of the most important and closely scrutinized economies in the world. Relatively minuscule changes in predictions of how the Chinese economy will perform can drive up or down stocks and the price of oil and other commodities. At the heart of how the Chinese economy works is its financial system-but the Chinese financial system is vastly different than most people in the West can understand. How do house prices work, for example, in a country where the very concept of property ownership is significantly different than our own? This edited volume will serve as a standard reference guide to China's financial system. With eighteen chapters, the handbook features overviews on the banking sector-the core of China's financial system and the key channel for implementing China's monetary policy-China's ongoing reforms, and the quickly growing bond and money markets, among other topics. Each chapter is written by a leading expert in the field, and as a whole the list of contributors represents an impressive mix of leading scholars and high-level policy officials, some with first-hand knowledge of setting and carrying out Chinese financial policy. The handbook will serve as the first real authoritative volume of literature in the field, and will shed extensive new light on the links between China's financial system and the real economy"--

The Economic Integration Of Greater China

The Economic Integration of Greater China PDF Book Detail:
Author: Yin-Wong Cheung
Publisher: Hong Kong University Press
ISBN: 9789622098220
Size: 26.26 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 172
View: 7172

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Book Description: The tremendous success of China's program of economic reform and the rapid integration of China into the global economy have prompted this study on the economic and financial integration between mainland China, Hong Kong, and Taiwan – a grouping sometimes referred to as Greater China. While there has been a plethora of analyses of China's economic interactions with other economies, this book fills the need for a thorough investigation of regional financial and real interactions – corresponding to the many exhaustive studies of such interactions between developed countries and between East Asian countries. Since real and financial integration has substantial implications for the efficiency of resource allocation and the efficacy of macroeconomics policy, Cheung, Chinn and Fujii offer clear analysis of the current state of economic integration of Greater China, thereby helping to gauge the potential role of China in the global economy. Prospects of a currency union in Greater China, an extreme form of integration, are also evaluated with respect to benefits and costs to the three parties. In addition, the authors provide complementary discussions regarding the degree of integration between China and several Pacific Rim economies, including those of Japan, Korea, Singapore, and the United States. Cheung, Chinn and Fujii provide an up-to-date assessment of mainland China's economic development and its integration with its neighboring economies, especially Hong Kong and Taiwan. This grouping is also known as Greater China. There are a number of approaches to assessing economic integration, and the authors present some standard measures – including trade flows, output movements, saving and investment correlations, and consumption comovements. They emphasize the measures based on some key parity conditions in international finance – real interest parity, uncovered interest parity, and relative purchasing power parity. While there is no perfect empirical measure of economic integration, the theoretical relationships between integration and these three parity conditions are well founded in economics. Moreover, the three parity conditions constitute a unified framework that can be used to assess the degree of real and financial integration, and thus offer a convenient way to investigate the interaction between these two types of integration. In addition, the authors evaluate the prospect of a currency union in Greater China, the most extreme form of integration. Prospects of China's continued integration with the world economy, and the implications of policies in Beijing and other Pacific Rim capitals are also discussed.

Credit Policies And The Industrialization Of Korea

Credit Policies and the Industrialization of Korea PDF Book Detail:
Author: Yoon-Je Cho
Publisher: World Bank Publications
ISBN: 9780821332467
Size: 48.70 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 96
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Book Description: World Bank Discussion Paper No. 286. This report was commissioned as part of a project on the effectiveness of credit policies in East Asian countries. In the Republic of Korea, the government has played a pervasive role in promoting industrializati

The Oxford Handbook Of Asian Business Systems

The Oxford Handbook of Asian Business Systems PDF Book Detail:
Author: Michael A. Witt
Publisher: OUP Oxford
ISBN: 0191626554
Size: 79.55 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 752
View: 5807

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Book Description: Much of the existing literature within the "varieties of capitalism " (VOC) and "comparative business systems " fields of research is heavily focused on Europe, Japan, and the Anglo-Saxon nations. As a result, the field has yet to produce a detailed empirical picture of the institutional structures of most Asian nations and to explore to what extent existing theory applies to the Asian context. The Oxford Handbook of Asian Business Systems aims to address this imbalance by exploring the shape and consequences of institutional variations across the political economies of different societies within Asia. Drawing on the deep knowledge of 32 leading experts, this book presents an empirical, comparative institutional analysis of 13 major Asian business systems between India and Japan. To aid comparison, each country chapter follows the same consistent outline. Complementing the country chapters are eleven contributions examining major themes across the region in comparative perspective and linking the empirical picture to existing theory on these themes. A further three chapters provide perspectives on the influence of history and institutional change. The concluding chapters spell out the implications of all these chapters for scholars in the field and for business practitioners in Asia. The Handbook is a major reference work for scholars researching the causes of success and failure in international business in Asia.

Asia S New Institutional Architecture

Asia s New Institutional Architecture PDF Book Detail:
Author: Vinod K. Aggarwal
Publisher: Springer Science & Business Media
ISBN: 9783540748878
Size: 29.91 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 322
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Book Description: Can regional and interregional mechanisms better institutionalize the - creasing complexity of economic and security ties among states in Nor- east, Southeast, and South Asia? As the international state system und- goes dramatic changes in both security and trade relations in the wake of the Cold War’s end, the Asian financial crisis, and the attacks of Sept- ber 11, 2001, this question is now of critical importance to both academics and policymakers. Still, little research has been done to integrate the ana- sis of both regional security and economic dynamics within a broader c- text that will give us theoretically informed policy insights. Indeed, when we began our background research on the origin and e- lution of Asia’s institutional architecture in trade and security, we found that many scholars had focused on individual subregions, whether Nor- east, Southeast or South Asia. In some cases, scholars examined links - tween Northeast and Southeast Asia, and the literature often refers to these two subregions collectively as “Asia”, artificially bracketing South Asia. Of course, we are aware that as products of culture, economics, history, and politics, the boundaries of geographic regions change over time. Yet the rapid rise of India and its increasing links to East Asia (especially those formed in the early 1990s) suggest that it would be fruitful to examine both developments within each subregion as well as links across subregions.

Asia Europe On The Eve Of The 21st Century

Asia Europe on the Eve of the 21st Century PDF Book Detail:
Author: Suthiphand Chirathivat
Publisher: Institute of Southeast Asian Studies
ISBN: 9812301488
Size: 44.40 MB
Format: PDF, ePub
Category : Asia
Languages : en
Pages : 221
View: 4409

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Book Description: This unique book provides both Asian and European perspectives on a diversity of topics concerning the relationship between Asia and Europe. There are in-depth analyses of the most crucial issues including historical and cultural links, political aspects and linkages, and economic partnerships.

Asean And Korea

ASEAN and Korea PDF Book Detail:
Author: Daljit Singh
Publisher: Institute of Southeast Asian
ISBN: 9813055103
Size: 10.69 MB
Format: PDF, Kindle
Category : ASEAN countries
Languages : en
Pages : 197
View: 2887

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Book Description:

Business Networks And Strategic Alliances In China

Business Networks and Strategic Alliances in China PDF Book Detail:
Author: Stewart Clegg
Publisher: Edward Elgar Publishing
ISBN: 9781781959954
Size: 34.85 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 330
View: 5472

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Book Description: 'Business Networks and Strategic Alliances in China' addresses how knowledge transfer and innovation are interwoven within complex networks and how social capital contributes to the acquisition of crucial resources and business success in multi-type enterprises in China.