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Resurgent Asia analyses the phenomenal transformation of Asia, which would have been difficult to imagine, let alone predict, fifty years ago, when Gunnar Myrdal published Asian Drama. In doing so, it provides an analytical narrative of this remarkable story of economic development, situated in its wider context of historical, political, and social factors, and an economic analysis of the underlying factors, with a focus on critical issues in the process of, and outcomes in, development. In 1970, Asia was the poorest continent in the world, marginal except for its large population. By 2016, it accounted for three-tenths of world income, two-fifths of world manufacturing, and one-third of world trade, while its income per capita converged towards the world average. However, this transformation was associated with unequal outcomes across countries and between people. The analysis disaggregates Asia into its four constituent sub-regions--East, Southeast, South, and West--and further into fourteen economies--China, India, South Korea, Indonesia, Turkey, Taiwan, Thailand, Philippines, Malaysia, Singapore, Pakistan, Bangladesh, Vietnam, and Sri Lanka--which account for more than four-fifths of its population and income. This book enhances our understanding of development processes and outcomes in Asia over the past fifty years, draws out the analytical conclusions that contribute to contemporary debates on development, and highlights some lessons from the Asian experience for countries elsewhere. It is the first to examine the phenomenal changes that are transforming economies in Asia and shifting the balance of economic power in the world, while reflecting on the future prospects in Asia over the next twenty-five years. A rich, engaging, and fascinating read.
Gunnar Myrdal published his magnum opus, Asian Drama: An Inquiry into the Poverty of Nations, in 1968. He was deeply pessimistic about development prospects in Asia. The fifty years since then have witnessed a remarkable social and economic transformation in Asia - even if it has been uneven across countries and unequal between people - that would have been difficult to imagine, let alone predict at the time. Asian Transformations: An Inquiry into the Development of Nations analyses the fascinating story of economic development in Asia spanning half a century. Asian Transformations sets the stage by discussing the contribution of Gunnar Myrdal to the debate on development then and now and providing a long-term historical perspective on Asia in the world. It then uses cross-country thematic studies on governments, economic openness, agricultural transformation, industrialization, macroeconomics, poverty and inequality, education and health, employment and unemployment, institutions, and nationalisms to analyse processes of change while recognizing the diversity in paths and outcomes. Specific country studies on China, India, Indonesia and Vietnam, and sub-region studies on East Asia, Southeast Asia, and South Asia, further highlight turning points in economic performance and demonstrate factors underlying success or failure. Including in-depth studies by eminent economists and social scientists, Asian Transformations comprehensively examines the phenomenal changes that are transforming economies in Asia and shifting the balance of economic power in the world and reflects on the future prospects for this continent over the next twenty-five years. It is a cohesive and multi-disciplinary study of a rapidly changing economic landscape, and makes an important contribution to understanding the complexities and processes of development from different perspectives.
This study examines the manner in which Gunnar Myrdal's intellectual style left an impact on the shaping of Sweden's welfare state, on race relations in the United States, on post-World War Two economic cooperation in Europe, and on the analysis of Third World economic development.
Nobel Prize winner Gunnar Myrdal is best known for his book "An American Dilemma," a classic study of America's racial problems that was chosen as one of The Modern Library's top 100 nonfiction books of the twentieth century. "The Essential Gunnar Myrdal" covers the full range of Myrdal's writing, much of which has never been published in book form. It includes his early essays on economics, his thoughts on the population explosion, his discussions of the question of value in the social sciences, and excerpts from "Asian Drama," his monumental study of the development of Asia. The newest edition in The New Press's Essential series, the book includes extensive commentary by the editors as well as an introduction by Sissela Bok, who is Myrdal's daughter and author of the acclaimed "Lying and Secrets."
Originally published in 1968, this book brings together contributions from social scientists in anthropology, economic history, economics and political science in an exploration of the nature and effects of economic nationalism. The opening essays presents a formal theory of nationalism that relates the phenomenon to rational government processes. Following chapters explore whether nationalism and economic development went together and whether nationalistic economic polices actually promoted development. How far British economic policy was influence by nationalism, or its corollary for a successful country-imperialism is also assessed. Examples from China, Mali, Mexico and Canada are included.
Helps the United States and the rest of the world better comprehend the facts and dynamics underpinning China's rise. This book analyzes the data on China's economy, foreign and domestic policy, and national security.
A study examining research and development projects and capital improvements, and changes in productivity and profitability in selected American manufacturing industries and companies from 1980 to 1989. Special attention is given to the effects of substantial investment increases on productivity and profitability changes. Annotation copyright by Book News, Inc., Portland, OR