East Asia in Transition

Focuses on key business issues facing East Asia that corporations and governments should understand, including regionalization initiatives, obstacles to continued rapid growth in China, aging and pension reform, and the changing security environment.

A.E. Safarian is Professor of Business Economics at the Joseph L. Rotman School of Management at the University of Toronto. Wendy Dobson is Professor and Director of the Centre for International Business in the Rotman School of Management at the University of Toronto.

Preface

ix

Do institutions matter for growth?

1

(20)

A.E. Safarian

Wendy Dobson

The rise and fall of regional growth

1

(1)

What this book is about

2

(3)

Can rapid economic growth be restored?

5

(4)

The role of institutions

9

(7)

Conclusions and implications for policy

16

(5)

Asia: A new regional player in the world economy?

21

(28)

Wendy Dobson

East Asia's changing significance

21

(2)

Exchange rates post-crisis

23

(5)

Structural factors post-crisis

28

(4)

The emergence of East Asian regionalism

32

(3)

Regional trade initiatives

35

(2)

Regional financial arrangements and monetary integration

37

(2)

Regional crisis prevention and management

39

(1)

Will the new regionalism persist?

39

(3)

Conclusions and implications for international business

42

(7)

What ails China?: A long-run perspective on growth and inflation (or deflation) in China

49

(38)

Loren Brandt

Xiadong Zhu

Overview

49

(4)

What determines price-level changes and output growth?

53

(5)

A brief overview of China's financial system

58

(2)

Intermediation by diversion and inflation cycles: 1978-1993

60

(2)

Policy regime shift in 1994: downsizing the state sector

62

(3)

Financial disintermediation

65

(5)

The ineffectiveness of fiscal and monetary policy

70

(2)

What kind of a financial system does China need?

72

(15)

East Asia's ageing populations: Pension reform and its implications

87

(50)

Walid Hejazi

Pauline Shum

Background issues

88

(15)

National pension plans: comparative analysis

103

(9)

China's choices: comparative analysis applied

112

(5)

The route forward

117

(2)

Appendix: Country studies

119

(18)

The challenges of attaining security in the Asia Pacific

137

(42)

Brian L. Job

A paradox

137

(2)

Comprehensive security and human security

139

(3)

Underlying dynamics and tensions

142

(3)

The domestic security context: governance and human security

145

(15)

The regional security context

160

(13)

Defining and advancing Canadian security interests

173

(6)

Canadian business in East Asia: Better than expected

179

(26)

Keith Head

John Ries

Canadian business presence in East Asia

180

(9)

Benchmarking Canadian trade with the region

189

(10)

Canadian prospects in East Asia

199

(3)

Concluding remarks

202

(3)

About the authors

205

(4)

Institute for International Business

209

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

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East Asia in Transition

Summary

Author Biography

Table of Contents

Supplemental Materials

FREE SHIPPING

Rent More, Save More! Use code: BBRENTAL

5% off 1 book, 7% off 2 books, 10% off 3+ books

East Asia in Transition

Summary

Author Biography

Table of Contents

Supplemental Materials

Digital License