Economic growth Books

Book SynopsisThis book constitutes a critical review of Nigeria’s attempts to achieve rapid industrial development since independence from Britain in 1960. It details the issues, challenges, and hard choices confronted by Nigerian political leadership and highlights the reasons why the country ultimately failed to achieve industrial take-off in spite of its abundant human and material resources. Chapters take a retrospective look at government industrial development policies and programs, including the steel industry, agro-allied and forest-based industries, and the industrial estate development program. The book also discusses tariff and trade policies, incentives and disincentives to foreign direct investment (FDI) in the manufacturing sector, and small and medium enterprise (SME) development. The book concludes with a look at the recent drive towards regional integration as well as the potential impact of the Economic Partnership Agreement (EPA) between the European Union and sixteen countries of West Africa. Providing an exhaustive history of Nigeria’s economic and industrial development, this volume will be of interest to researchers and students of African economics, development studies, and industrial organization, as well as policy makers in both the public and private sectors.Table of ContentsChapter 1: The Emerging Nigerian Economy.- Chapter 2: Manufacturing Sector in the Nigerian Economy.- Chapter 3: Industrial Development Policies and Strategies.- Chapter 4: The Nigerian Steel Industry: Retrospect and Prospect.- Chapter 5: Resources and Opportunities for Competitive Industrial Systems in Nigeria’s Agro-allied and Forest-based industries.- Chapter 6: A Hard Look at Industrial Estate Development in Nigeria.- Chapter 7: Incentives and Disincentives to Foreign Direct Investment in the Nigerian Manufacturing Sector.- Chapter 8: An Appraisal of the Export Potential of Made- in- Nigeria Goods.- Chapter 9: Tariff Harmonization in West Africa and Africa : Prospects for the Nigerian Manufacturing Sector.- Chapter 10: Future of the Manufacturing Sector in West Africa Under the Economic Partnership Agreement with the European Union.- Chapter 11: Small and Medium Enterprise Development under the Structural Adjustment Programme in Nigeria.- Chapter 12: Business Incubators and Small Enterprise Development in Nigeria.- Chapter 13:Policies and Strategic Issues in Promoting Rapid Industrial Development in Nigeria.- Appendices.- Index.

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Book SynopsisThis book presents the 2020 Digital Platform Economy Index (DPE Index). The DPE Index integrates two separate but related literatures on ecosystems, namely, the digital ecosystem and the entrepreneurial ecosystem. This new framework situates digital entrepreneurship within the broader context of users, platforms, and institutions, such that two biotic entities (users and agents) actuate individual agency, and two abiotic components (digital infrastructure and digital platforms) form the external environment. The DPE Index framework includes 12 pillars that integrate the digital and the entrepreneurship ecosystems. Here, the authors report on the DPE Index, the four sub-indices, and the 12 pillar values for 116 countries as well as provide a cluster analysis based on the 12 pillars.Table of ContentsChapter 1. Introduction.- Chapter 2. The concept of the platform-based ecosystem: The digital platform economy.- Chapter 3. From concept to measurement: The 12 pillars and their measurement.- Chapter 4. The Digital Platform Economy Index: Country rankings and clustering.- Chapter 5. Improving the digital platform economy: Policy suggestions.- Chapter 6. Summary and conclusion.

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Book SynopsisEvery society aspires to be prosperous. It also endeavors to minimize the side effects of economic growth. This book entitled The Economics of Optimal Growth Pathways addresses numerous trade-offs faced by society to achieve prosperity and explores the best possible growth pathways. The theories explored in this book serve as a springboard to better understand key challenges and aspects of the economy, including food security, land use, forest and resource management, capital markets and interest rates, oil and gas extraction, fish and marine resources, saving and investment, and climate change.This book elucidates the concept of optimal economic growth pathways while addressing the challenges faced in natural resources and life on the planet. It will be relevant to students and researchers interested in resource and environmental economics.Table of ContentsChapter 1 An Introduction to the Economics of Optimal Growth PathwaysChapter 2 Ricardo’s RentChapter 3 Von Thunen’s Spatial Land Use: Grasslands and CitiesChapter 4 Faustmann’s Forest Harvest RotationChapter 5 Hotelling’s Fossil Fuel EconomicsChapter 6 Fisheries Bioeconomics under Open AccessChapter 7 Irving Fisher’s Capital and InterestChapter 8 Frank Ramsey’s Optimal SavingsChapter 9 Robert Solow’s Modern Economic GrowthChapter 10 Tjalling Koopmans’s Optimal Economic GrowthChapter 11 William Nordhaus’s Optimal Carbon Tax TrajectoryChapter 12 The Economics of Optimal Growth Pathways with Managing Natural ResourcesChapter 13 Tendencies for Sub-optimal or Post-growth Pathways

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Book SynopsisThis book offers a systemic understanding of the evolutionary model of financial markets and their place with broader political economic systems. Through examining the co-evolutionary process, where the interplay between financial markets and society is highlighted, insight is provided into the concepts of growth, development, preference, information, and price. After outlining these core concepts, they are applied to co-evolution within financial markets to illustrate the mechanics that underpin economic systems. Binomial and trinomial co-evolution is then discussed in relation to financial market variables, preference and price in terms of symbolic utility, and logical economic modelling structures.This book presents a new research methodology based on a logical to approach economics that looks beyond historical and empirical economic frameworks. It will be relevant to students, researchers, and policymakers interested in financial economics.Table of Contents1. Introductory Concepts – Causality and Intelligibility.2. Introductory Concepts – Growth, Development, Evolution.3. The Concept of Evolution – General Framework.4. The Concept of Co-Evolution – Theoretical Basis.5. Binomial Co-Evolution in the Financial Market.6. Information and Price as Symbolic Species.7. Trinomial Co-Evolution in the Financial Market.8. Logical Modelling of Trinomial Preference.

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Book Synopsis1. Basic laws of production.- 2. Classical growth models and homogeneity.- 3. Classical growth models and minimal factor rewards.- 4. Aggregate endogenous growth models.- 5. Neoclassical growth models.- 6. Keynesian growth models.- 7. Leontief technology and efficient factor utilization.- 8. Flexible technologies and proportional saving.- 9. Flexible technologies and classical saving.- 10. Homogeneous Dynamics in the Plane.- 11. Linear and A_ne Dynamics in the Plane.- 12. Quasi-Homogeneous Dynamics in the Plane.- 13. Discrete Linear Dynamics in the Plane.- 14. Two-sector growth models.- 15. Multi-sector growth models.- 16. Non-homothetic multisector growth models.- 17. Dynamics, economic growth, international trade.- 18. Stochastic dynamic systems of growth and trade.- 19. Saving rates, trade, technology, and stochastic dynamics.- 20. Dynamic structure, exogeneity, growth paths, and substitution.- 21. Ramsey optimal saving and growth models.

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Book SynopsisIn the aftermath of COVID-19 (coronavirus), African countries will need to intensify their resource mobilization efforts to achieve the 2030 Sustainable Development Agenda. The Economic Development in Africa Report 2020 adopts a multi-disciplinary methodology to tackle the relationship between illicit financial flows (IFFs) and the economic, social and environmental dimensions of sustainable development in Africa. Its inclusive approach integrates a gender lens and gives voice to multiple vantage points, from civil society to firms doing business in Africa. Building on established measures of IFFs, the Report provides new insights on country estimates of export misinvoicing on the continent and highlights specific characteristics of mineral commodities. It also underlines some of the motivations and root causes of IFFs.

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Book SynopsisThe African Continental Free Trade Area is expected to be a game changer for development ambitions in Africa. The design of the Agreement Establishing the African Continental Free Trade Area reflects an explicit commitment to create a framework for deeper socioeconomic integration and improved cooperation that enables trade, investment and the mobility of people, to support industrialization and the development of a dynamic services sector. Such achievements could ultimately generate decent jobs and increase revenue and thereby contribute to inclusive growth on the continent. A greater emphasis on deeper intraregional trade, cross-border investments in infrastructure and fostering 'made in Africa' trade and industrialization policies is key to the continent's future prosperity and resilience to global financial, food-related, climatic and pandemic-related shocks. For the African Continental Free Trade Area to be a game changer, countries in Africa need to adopt policies that enhance consistency between trade measures, diversification objectives and inclusivity. Unless this is accomplished, the Free Trade Area may be restricted to a trade liberalization agenda and thereby not fulfil the hopes and aspirations of the people of Africa. If effectively implemented, the African Continental Free Trade Area can help address challenges emanating from the excessive reliance in Africa on the supply of primary commodities and goods embodying limited value added to world markets

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Book SynopsisLe rapport annuel analyse les principaux aspects du développement de l'Afrique et les questions de politique d'intérêt pour les pays africains. Il formule des recommandations politiques pour l'action des pays africains eux-mêmes et de la communauté internationale pour surmonter les défis de développement auxquels le continent est confronté.

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Book SynopsisWe live in a time of rapid technological change, at the height of the digital transformation and the early stages of the Industry 4.0 revolution. When guided by an inclusive and sustainable compass, these technological waves have great potential to increase prosperity and protect the planet, bringing about the vital transformations needed to achieve the SDGs and put the world on a sustainable path. They also offer a window of opportunity for developing countries to catch up technologically and narrow global divides. Critical areas for innovation in this new technological revolution are renewable energy technologies and frontier technologies for sustainable production and consumption. The Technology and Innovation Report examines the opportunities and challenges posed by green innovation on the ability of developing countries to catch up, reduce inequalities and contribute to tackling climate change. It argues that green policies are key to create the windows of opportunities. At the same time, firms and governments must be ready to respond and take advantage of these opportunities. This requires sector-specific strategies and the support of the international community to empower developing countries to develop, use, adopt and adapt green technologies for sustainable development

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Book SynopsisThis publication is a continuation of the work undertaken in Phase 1, and extends its analysis to the following areas: Technical and legislative aspects, Socioeconomic analysis, Conditions for the establishment of national and international networks, and Financial and planning elements of HSR. The development of an HSR network in the TER region would significantly improve the competitiveness of rail, increasing the sustainability of the transport sectors in TER countries. Currently, there are few railway lines in some TER member States that allow high-speed operation. This creates a unique opportunity for developing HSR systems in individual TER member States while ensuring that this development is integrated across the wider TER region through adequate international connectivity. This study aims to provide decision-makers with the necessary tools to define what, if any, HSR networks should be developed in their respective states

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Book SynopsisThe UNECE Innovation for Sustainable Development Review (I4SDR) of Armenia provides a calibrated assessment and concrete recommendations for innovation policy and structural reform in the country, based on international good practices and a firm understanding of national and regional specificities. This publication focuses on an in-depth analysis of the Armenian innovation infrastructure and examines the role of the Armenian diaspora in fostering innovation-led growth. The Review is a result of an in-depth dialogue and consultation among the UNECE Secretariat, leading subject matter experts, Government officials, academia, the private sector, and other innovation stakeholders in the country

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Book SynopsisThe report examines the new technologies and manufacturing trends that African countries need to embrace to allow viable local production, attractive domestic markets for foreign companies (including relocation of production to the continent), and innovative supply chain practices. The report recommends key policy options, best practices and strategic guidance needed to support African decision- and policy-makers in leveraging the potential of African national and regional markets and businesses to foster domestic supply chains and create a trusted and reliable supplier marketplace for global supply chains, and thus contribute to expanding Africa's contribution to global trade and growth

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Book SynopsisThis book analyzes the changes brought on to economic and business activities in Latin America due to the new scenarios, environments and social dynamics the world is facing as a result of the COVID-19 pandemic, at both micro- and macroeconomic levels. Recent changes to working environments has brought discussions on work-life balance to the forefront, and creating support mechanisms to attract and retain the next generation of workers has become a primary focus for talent managers. At an industry level, there are expectations that once the crisis passes, there will be massive capital inflows toward ESG investments in emerging markets driving the transformation of companies. Consequently, ESG business models will have a cascading effect in the whole supply chain (upstream, midstream and downstream) and will generate greater value for all stakeholders. At the same time, technologies of the fourth industrial revolution, such as Blockchain and Artificial Intelligence, have gradually been adopted by companies leading the charge in ESG business models. The financial sector has taken the lead in these two technologies, but the challenge generated by the COVID-19 pandemic forced other sectors to innovate rapidly in order to remain afloat. Using empirical and theoretical frameworks, the contributors in this book identify the most attractive alternatives to benefit consumers in an adverse environment like the one the world is facing as a result of the COVID-19 pandemic, which while posing a significant challenge for most industries, has also created new opportunities for innovation and ingenuity, analyzing case studies from the coffee and medical tourism sectors in particular.Table of ContentsForeword.- Chapter 1. The impact of SARS-CoV-2 on economic activity of Mexico in 2020.- Chapter 2. Survival Likelihood of Micro and Small Businesses Facing a Catastrophe.- Chapter 3. How Covid-19 has accelerated the garment and financial investment industries’ adoption of Environmental, Social and Corporate Governance (ESG) standards.- Chapter 4. Contagion adverse degree, income inequality and economic growth.- Chapter 5. Forecasting the Effects of the COVID-19 Crisis on Economic Growth and the Microfinance Sector in Latin America: An Approach with Fuzzy Neural Networks.- Chapter 6. Balancing Work, Family, and Personal Life in the Mexican Context: The Future of Work for the “COVID-19 Generation.- Chapter 7. Medical tourism in Mexico. Analysis of the economic and technological model in the COVID-19 pandemic era.- Chapter 8. Small Coffee Companies and the Impact of Geographical Indications as Productive Innovation in Mexico in the new reality.- Chapter 9. Corporate Social Responsibility Informing Crisis Management for stakeholder Satisfaction: From Survival mode to Survivability in a Pandemic.- Chapter 10. Artificial Intelligence & Blockchain: The path to generate value for companies after the COVID-19 pandemic

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Book SynopsisThis book will delve into how new ICTs, represented by 5G, collectively empower industries from the perspective of theories and practices. 5G is integrating with cloud, intelligence, big data, and applications to push the boundaries of industries and diversify industrial services. Starting from the background and value of industry digitalization, Section I introduces the new ICT infrastructure for industry digitalization, as well as a new support system based on this infrastructure to enable 5GtoB to bring new value to industries. Section II summarizes the success factors and four key capabilities for achieving 5GtoB success from methodological perspective. Abundant application cases are provided in Section III to explore the adoption of 5GtoB in key enterprises across industries, as well as the benefits brought to these enterprises. The final section analyzes the future evolution and applications of 5GtoB.5G enables a plethora of possibilities. We believe that this book will inspire everyone in the 5GtoB industry chain to embrace 5GtoB and take the digital transformation of industries to new heights.Table of ContentsEditorial Board.- Foreword.- Acknowledgements.- List of Abbreviations.- List of Figures.- List of Tables.- Chapter 1: Background and Value of Industry Digitalization.- Chapter 2: ICT Infrastructure Required for Digital Transformation.- Chapter 3: 5GtoB Market Space and Opportunities.- Chapter 4: 5GtoB Enables Enterprise Production.- Chapter 5: 5GtoB Improves Social Development and Living Standards.- Chapter 6: Construction of the 5GtoB Success Factor System.- Chapter 7: 5GtoB Success Factor Analysis — Performance Capability.- Chapter 8: 5GtoB Success Factor Analysis — Efficiency Capability.- Chapter 9: 5GtoB Success Factor Analysis — Ecosystem Capability.- Chapter 10: 5GtoB Success Factor Analysis — Business Capability.- Chapter 11: Heavy Industry.- Chapter 12: Computers, Communications and Consumer Electronics (3C) Manufacturing .- Chapter 13: Electric Power and Public Transportation.- Chapter 14: Mining and Petrochemical.- Chapter 15: Smart Port.- Chapter 16: Media, Education, and Healthcare.- Chapter 17: 5GtoB Evolution Path.- Chapter 18: Evolution to 5.5G and 6G and Key Applications.- References.

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Book SynopsisThis book addresses comprehensive issues of infrastructure management at the sectoral level in India. This book analyses four critical sectors viz. Transportation, Power, Urban, and Digital Infrastructure and their planning and management from an Indian perspective. The book also identifies empirical risks and challenges in the planning and management of infrastructure in India. A diverse set of management solutions that can support better infrastructure management across sectors are also discussed in the present book.Table of ContentsSection 1: Transport Infrastructure: fostering the economic growth.- Chapter 1. Road Safety Management in India: Issues and Challenges and Opportunities.- Chapter 2. An assessment of the Port Development in India.- Chapter 3. Emerging scope of Airport Infrastructure: Case of India.- Chapter 4. Rail Infrastructure- Journey since Indian independence and beyond.- Section 2: How power sector is managed in India?.- Chapter 5. Power Sector Infrastructure Management: Issues and Challenges.- Chapter 6. Renewable Energy Management: An analysis of the status quo.- Chapter 7. Energy, Climate Change and Sustainable Development in India.- Section 3: The emergence of modern cities: Smart or Sustainable?.- Chapter 8. Smart City: Sustainable City for tackling Urban Challenges.- Chapter 9. Electric Mobility & Electric Vehicles Management in India.- Chapter 10. Sustainable Infrastructure Development in India: Drivers and Barriers.- Section 4: Developing digital infrastructure.- Chapter 11.Recent Trends in Digital Infrastructure india.

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Book SynopsisThis book provides an analytical and computational approach to solving and simulating the Mahalanobis model and the papers surrounding it. The book comes up, perhaps for the first time, with a holistic examination of an important growth model that emerged out of India in the 1950s. It contains detailed derivations of the Mahalanobis model and the several critiques and extensions surrounding it with an organized synthesis of the main results. Computationally, the book simulates the model and its many variants, thus making it accessible to a wider audience. Advanced undergraduates and beginning graduate students in the fields of Economics, Mathematics, and Statistics will gain immensely from understanding both the mathematical aspects as well as the computational aspects of the Mahalanobis model. In the absence of a single 'go-to' source on all aspects of the model -- analytical and computational -- this book is a definitive volume on the Mahalanobis model that has all the derivations of all the papers surrounding the model, its dissents and critiques, and extensions as in the wage goods model suggested by Vakil and Brahmananda. Trade Review“The book The Mahalanobis Growth Model: A Macrodynamics Approach by Ghate, Gopalakrishnan, and Grover (G3) is a labor of love, a fitting intellectual tribute to PCM’s growth models, which too were labors of love designed to concretize ideals of development planning for India’s Five-Year Plans. … Indian economics undergraduates will read this book, work through the math, digest the economic intuition, and come away with a sense of awe for PCM. They will come to appreciate … .” (Joydeep Bhattacharya, Indian Economic Review, Vol. 58 (1), 2023)Table of ContentsChapter 1: Overview of the 2 Sector Mahalanobis Model- Simulations in Matlab Chapter 2: Critiques of the 2 Sector Mahalanobis Model - The Bronfenbrenner Critique - The Ezekiel Critique - The Bettelheim Critique - The JBS Haldane Critique - The Raj and Sen Model - Simulations in Matlab Chapter 3: A Stochastic Version of the 2 Sector Mahalanobis Model - Outline of the Model - Simulations in Matlab Chapter 4: Open Economy Extensions of the 2-sector Mahalanobis Model - The Harris Model - The Ezekiel Model - Simulations in Matlab Chapter 5: Overview of the 4 Sector Mahalanobis Model - Simulations in Matlab Chapter 6: Critiques of the 4 Sector Mahalanobis Model - The Komiya Critique - Observations by Tsuru - The Shenoy Dissent - Simulations in Matlab Chapter 7: The Wage Good Model - An Analytical Framework – The Brahmananda and Vakil Model – by MJ Manohar Rao - Simulations in Matlab

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Book SynopsisThis book aims to empirically and theoretically study how the economic growth and inequality affected China’s rural poverty since China’s reform and opening-up. Apart from the trickle-down effect, some empirical researches show that rising inequality usually links with unfairly shared of the economic growth, which is not good for the poor, and this book particularly concerns with the impact of inequality on poverty reduction. In 11 chapters, it leads readers to review the dynamic changes of rural poverty in China, and estimates rural poverty by various methods, for instance, with analysis by monetary poverty (including income and expenditure poverty), multidimensional poverty, absolute poverty, and relative poverty. Especially attention is paid to apply the “growth-inequality-poverty triangle” model for long-term poverty dynamic changes evaluation. The book revisits poverty reduction strategies in different development periods for rural China and evaluates the poverty eradication achievements stage-by-stage under different analytical methods, in order to provide an objective assessment. Among the chapters, pro-poor growth, Shapley decomposition, poverty elasticity, density estimation, multidimensional poverty analysis, and policy simulation methods are applied for both national wide discussion and rural sub-group heterogeneity analysis. In addition to students, teachers, and researchers in the areas of development, economic growth, equity, and welfare, the book is also of great interest to policy makers, planners, and non‐government agencies who are concerned with understanding and addressing poverty-related issues in the developing countries.Table of ContentsPreface.- Chapter 1 Poverty Alleviation Process in Rural China.- Chapter 2 Literature Review.- Chapter 3 Absolute and Relative Changes in Rural Poverty.- Chapter 4 Pro-poor Growth for Rural China.- Chapter 5 The Decomposition of Income Growth and Income Inequality on Rural Poverty.- Chapter 6 Types of Economic Activities and Rural Residents’ Poverty Dynamic Changes.- Chapter 7 Human Capital and Rural Residents’ Poverty Dynamic Changes.- Chapter 8 Dynamic Rural Poverty Changes by Regions: Current Status and Prospects.- Chapter 9 The Impacts of Unbalanced Development on Rural Multidimensional Poverty.- Chapter 10 Relieving Relative Poverty in Rural China.- Appendix

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Book SynopsisThis book discusses the Indian economic crisis and brings out what went wrong and the correction necessary for getting the economy back to high growth trajectory, leading to economic transformation. To do so, the book covers trends in performance of Indian economy since the Global Financial Crisis to the COVID-19 effect, bringing out factors that have determined the same. The book questions the approach to macroeconomic policy of both the RBI and the government and brings out what it takes for macroeconomic policy to be supportive of high growth. It contains revealing contrasts with East Asia and China, although India has the same potential to grow with an expansion of manufacturing. Overall, it argues that macroeconomic policies (as much as structural, industrial, and trade policies) have been deficient and even good initiatives on the industrial policy and trade flounder for the lack of a strategic approach to macroeconomics. The book highlights the special opportunities present in an emerging economy with vast under and utilised labour and the macroeconomic policy initiatives that can take advantage of this key feature. It covers the macroeconomic data on growth using multiple indicators, then the external shocks and the internal policy measures/responses; besides, GVA/GDP, credit, exports, external transactions, interest and policy rates, yields, exchange rates, money, capital flows, indices of industrial sector, price indices and inflation, government expenditures, tax rates, fiscal deficits, market uncertainty measures to present a holistic picture of the economy and the shocks and policy actions that have followed. The book uses an innovative method of presentation and the consistency of the trends/stances of both monetary and fiscal policy using these large number of variables. It discusses the debate on overestimation of GDP/GVA growth estimates over the years from 2011-12 to about 2016-17 comprehensively. There is special coverage of GST with a comparison with China. Coverage also includes performance since the COVID-19 crisis again using a large number of indicators and an explanation for the same in terms of the limitations of the government’s initiatives to counteract. The book is a quick and ready reference of what has happened in macroeconomic terms to those interested in the relevant facts. It is of interest to international economists, policy analysts, and investors whose need to understand that the Indian economy in macroeconomic terms and in terms of the stances and penchant of the government and the RBI is of value.Table of ContentsChapter 1. Introduction.- Chapter 2. Trends in Growth since the GFC.- Chapter 3. Credit, Employment and the Current Account.- Chapter 4. Capital Formation and Foreign Investment.- Chapter 5. Inflation and Monetary Developments.- Chapter 6. Policy and Analyses Chapter.- 7. Reflexive, not Reflective Monetary Policy.- Chapter 8. The COVID Crisis and Response.- Chapter 9. The Recovery.- Chapter 10. The Challenge of Manufacturing.- Chapter 11. Conclusions.- Chapter 12. GST and the Discrimination Against Production Oriented States.

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Book SynopsisWhat can Chinese economists learn from the Japanese economic boom and subsequent stagnation? This project aims to institutionally and empirically investigate the growth mechanism and determinants of sustainable development in China compared with Japanese experiences. This is the first challenge in conducting a comparative study on China and Japan’s economic growth and development. We aim to investigate the economic system transition and its influence on the Chinese and Japanese economy from macroeconomic and microeconomic perspectives. This book will interest economists, scholars of comparative politics, and scholars of China or Japan's economic development.Table of Contents1 Introduction.- 2 Comparisons of Chinese and Japanese Development Process from Economic and Politico-economic Perspectives.- 3 Trade, FDI and Economic Growth.- 4 Digital China: The Fourth Industrial Revolution with Chinese Characteristics.- 5 Agricultural Development in China: Comparison with Japanese Experience.- 6 The financial innovation in the Flow of Funds Account after the World War II: Evidence from Japan.- 7 Human Capital Agglomeration Effect and Regional Inequality.- 8 Environmental Policies and Water Resource Management.- 9 Dual Economic Structure, Surplus Labor and Rural-Urban Migration.- 10 Household Consumption and Manufactural Industry Upgrading.- 11 Enterprise Ownership Reform and Wage Gaps between Public and Private Sectors.- 12 Communist Party of China Membership and Wage Gaps between Party Members and Non-Members.- 13 Labor Union Effects on Working Conditions.- 14 Employment Equality Policy and Gender Gap in Labor Market.- 15 Public Pension Policy Reform and Labor Force Participation.- 16 Bequest Motives and Saving Behavior Among the Elderly.- 17 Income, Income Inequality and Subjective Well-being.

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Book SynopsisThis book analyzes education in Japan from the viewpoint of “the stagnant current Japanese economy”. Tomoyuki Tamagawa, a long-time mathematics teacher in junior high school, is now a vice principal. He and Tamotsu Nakamura have written Chapter 1 of this book together because they believe that the loss of vitality in the Japanese economy is due to the problem of human capital formation in school education. Shinji Oi has worked for many years at a Japanese broadcasting station and has extensive experience in human resource development. In Chapter 2, he analyzes the relationship between optimal human capital investment and labor market mobility, based on his recognition of the importance of vocational training, or human capital investment at the firm and the necessity for good allocation of human resources. Tokuji Saita is well versed not only in the realities and practices in the financial industry but also in the financial system as a whole. In Chapter 3, based on his long experience in the financial industry, he analyzes and points out the importance of “openness” of innovation from a macroeconomic point of view.Table of ContentsChapter 1:- Relationship between educational attainment and class size: Effects of teacher resource allocation.- Chapter 2:- Investment in general and specific human capital: Social optimality via labor turnover.- Chapter3:-Necessity of openness to stimulate innovation: An investigation into causes of slow innovation.

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Book SynopsisBy any indicator, Indonesia, the fourth most populous nation on earth, is a development success story. Yet 20 years after a deep economic and political crisis, it is still in some respects an economy in transition. The country recovered from the 1997–98 crisis and navigated the path from authoritarian to democratic rule surprisingly quickly and smoothly. It survived the 2008–09 global financial crisis and the end of the China-driven commodity super boom in 2014 with little difficulty. It is now embarking on its fifth round of credible national elections in the democratic era. It is in the process of graduating to the upper middle-income ranks. But, as the 25 contributors to this comprehensive and compelling volume document, Indonesia also faces many daunting challenges — how to achieve faster economic growth along with more attention to environment sustainability, how to achieve more equitable development outcomes, how to develop and nurture stronger institutional foundations, and much else.Trade Review“This is a timely and much-needed book. There are very few recent books on Indonesia with such a comprehensive analysis of not just mainstream economic policies, but also most importantly the key issues of human capital, inequality, social welfare, labour, food security and natural resource management. This book will not only be crucial for policy discourse but for all stakeholders who care about Indonesia making the transition not only to a high-income economy, but an inclusive one.” — Mari Pangestu, Faculty of Economics and Business, University of Indonesia“The Indonesian Economy in Transition: Policy Challenges in the Jokowi Era and Beyond is one of the most important books that discusses the Indonesian economy post–Asian Financial Crisis. A must-read for anyone who wants to understand contemporary Indonesian economy.” — M. Chatib Basri, former Minister of Finance of Indonesia

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Book Synopsis1.       CASA Trade and Development Landscape A Primer on Regional Trade, Foreign Direct Investment, and Migration.- Progress and Structure of Intraregional Trade in CASA Addressing and Understanding Trade Conundrum.- Export Performance Dynamics in CASATwigging the Character of Price Factors.- Non price Factors in CASA Trade: Exploring the Relevance of Trade Costs.- South and Central Asia Trade Linkage Gauging Regional Trade Dynamics Based on the Gravity Model.- Export Performance and CASA Trade: Demystifying the Role of Structural Factors.- Revisiting the Latency, International Competitiveness and Sectoral Composition of Trade Empirical Evidence from CASA.- CASA Trade Identifying Regional Value Chain Recital and Dynamics.- Diversifying Trade Flows, Facilitation and Infrastructure Quality in the CASA Region An Empirical Exploration.- Vertical Integration of Industries in CASA Empirical Insights.-Trade Facilitation and Economic Integration in South Asia Understanding the Regional Perspective.- The Quagmire of Trade Facilitation in Central Asia Settled or Unsettled.- Navigating the Impact of Trade Facilitation Corridors on Trade Dynamics Insights and Policy Options for Selected CASA Countries.- Central Asia at the Cross Roads of Informal Trade Understanding the Drivers of the Shadow Network and Policy Interventions.- Economic Gains from Deepening Nexus between South Asia and Central Asia Expectations and Needed Interventions.- Green Economic Growth in CASA Understanding the Drivers and their Transformative Impact.- Understanding Export Diversification and Complexity Drivers: Policies and Strategies for CASA.

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Book SynopsisThis open access book provides a comprehensive review of technological innovation in China, focusing on some existing challenges and the debate on the role of public policies in promoting innovation.

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Book SynopsisThe New Era will be transformative of the Chinese economy. China will join the ranks of developed economies of the world.This book presents a collection of articles by Professor Lawrence Juenyee Lau from 1994 to 2018, discussing Chinese economic development over the past decades. With empirical findings, the author identifies the sources of Chinese economic growth and scrutinizes the role of government in development at various stages. Based on comprehensive account of China’s macro-economy, the author answers the question of whether Chinese economic growth is an extraordinary “miracle” or merely an implausible economic “bubble.”

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