After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPC) initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure...

This book provides a much-needed review of Asia’s economic growth and its challenges in the context of post-war industrialization. In the early 1990s, the World Bank (1993) recognized eight high-performing Asian economies (HPAEs) (Japan, the Asian tigers, Indonesia, Malaysia and Thailand) and...

This book is the thirteenth volume in the International Papers in Political Economy (IPPE) series which explores the latest developments in political economy. A collection of eight papers, the book concentrates on the deregulation of domestic financial markets and discusses financial...

This book offers new quantitative insights into how South African economy reacts to external economic shocks. The analysis includes focusing on economic growth and financial spill over, effects of capital inflows, contrasting the stock market price returns and volatility on economic growth and...

The Asian model of export-led growth served it well in the post-war period, but prolonged sluggish growth of the developed economies following the global financial crisis, together with growing inequality and rising environmental problems, point to the need for a new growth model. The purpose of...

Economic globalisation and technological change are the two issues that concerned people in the past, concern them today and will concern them in the future - all over the world, poor or rich. Traditionally, questions about allocative effects are asked: What are the labour market implications?...

The book explains the reasons for the recent economic success of Turkey by examining the transformation of the private sector and the development policies implemented by the Turkish government. Further concrete insights are provided by professionals working for institutional and business players...

Chapter 1 Introduction -- Chapter 2 National Systems of Entrepreneurship -- Chapter 3 Institutions, Incentives, and Entrepreneurship -- Chapter 4 The Global Entrepreneurship and Development Index -- Chapter 5 Methodology and Data Description -- Appendices.

1 The Chinese Birdcage -- 2 Western Triumphalism -- 3 China as the World's Factory -- 4 Housing Bubbles across the Western Hemisphere -- 5 The Global Financial Crisis -- 6 The Economic Fallout -- 7 Unlimited Supplies of Labor -- 8 China's Economic Development -- 9 Global Imbalances and Corporate...