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Introduction / Rajah Rasiah and Johannes Dragsbaek Schmidt -- Industrialization in the second-tier NIEs / Rajah Rasiah -- The 1997 economic crisis, reform and Southeast Asian growth / Chris Dixon -- Revisiting shared growth and examining horizontal inequality / Anis Chowdhury and Iyanatul Islam...
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Leading economic institutions such as the World Bank have argued that liberalization holds the key to growth, poverty alleviation and redistribution. Even recent efforts to model increasing returns within the framework of new growth theories have not resulted in prescriptions for stronge roles...
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This well-researched book examines the dramatic transformation of Southeast Asian countries from agricultural and mining economies to industrial nations. In doing so, it explores the effects of development policy on a number of interdisciplinary issues, and the emergence of new social and...
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India's financial sector is not deeply integrated with the global financial system, which spared it the first round adverse effects of the global financial crisis and left Indian banks mostly unaffected. However, as the financial crisis morphed in to a full-blown global economic downturn, India...
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With the revival of global economy, the issues of "exit policies" and rebalancing global growth have taken center stage in policy discussions. Since many emerging Asian economies presently have large current account surpluses, the issue of rebalancing has special significance for Asia. While...
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