Market Development in China presents the analysis of leading specialists on the causes, benefits and problems resulting from China’s transition to a market economy. As the authors illustrate, it is generally recognized that in the last 25 years China has achieved a rate of economic growth...

This book focuses on one of the most important features of the contemporary Japanese economy; cross shareholding – or mutual shareholding – between corporations. The book analyses recent trends and the reasons behind these, and discusses the implications for the entire Japanese economic...

This comprehensive book charts the development of economic thought in Japan and reveals how leading Japanese economists tried to understand and cope with significant economic and social problems in the process of modernization. It sheds new light on the nature and degree of intellectual...

Presenting a thorough analysis of China’s outward Foreign Direct Investment (FDI) in the last quarter of a century – something little explored in the literature – this book explores the rationale behind its emergence and development. China’s outward FDI exhibits unique features in...

East Asian countries – currently the most dynamic region of the global economy – have recently pursued trade liberalization through the adoption of various forms of bilateral and plurilateral Free Trade Agreements (FTAs). The book explores the key issues and possible outcomes arising from...

Human Capital, Trade and Public Policy in Rapidly Growing Economies argues that only two centuries ago, no society had ever enjoyed sustained growth in living standards. The contributors to this book aim to discover why the world today exhibits a predilection for perpetual self-improvement. In...

During Asia’s financial crisis, the attention of policymakers was focused on China’s exchange rate policy. Post-crisis, this interest has increased further due to China’s growing influence in world trade and investment. However, the process of policy making in China is still opaque,...

China is both the world’s most populous country and an important transition economy. It is also a major market for trade and investment. As such, this study of the trends, patterns, issues and problems of trade and investment in recent years is both vital and fascinating. Areas of discussion...