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This study highlights the importance of investment-specific technological (IST) progress in affecting the business … investment goods across different vintages, which raises payouts from new investments while inducing capital losses of older … investment goods. I develop a DSGE model that focuses on asset valuation by capital owners, considering their net wealth. The …
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"East Asia has re-emerged after a long eclipse as a centre of world wealth creation and growth. Over the past four decades the region's share of world GDP has risen from less than 10 to 30 percent, a ratio that is set to rise to 40 percent by 2030. What has made East Asia's remarkable ascent...
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East Asian capitalism group within the VoC (variety of capitalism) typologies. There are strong signs that these economies …-evaluates East Asian capitalism in the context of the CVOID-19 pandemic, which has suddenly halted globalisation and further … questioned the superiority of shareholder capitalism associated with financialisation and globalisation. It proposes rebalancing …
Persistent link: https://www.econbiz.de/10014351956
Intro -- Contents -- Preface -- 1 Growth and Crisis in the Japanese Economy -- 2 Economic Ascent and Hegemony in the Capitalist World-Economy -- 3 The MIDAs-Steel-Ships Nexus -- 4 Creating Japan's Coal-Exporting Peripheries -- 5 Replicating Japan's New Model in Iron Ore -- 6 Transporting Coal...
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