Sunday, June 6, 2010

Books on Economic Development and Governance in Asia-Pacific Region

These are 4 titles on economic development and governance in the Asia-Pacific region from our recent Selections catalogue #101:
  • Inclusive, Balanced and Sustained Growth in the Asia-Pacific edited by Peter Petri. The recovery of the Asia-Pacific region from the global economic crisis of 2008-2009 is underway but incomplete. Risks range from slow growth and persistent unemployment to re-emerging international imbalances and financial volatility. While early policy responses to the crisis were successful in avoiding a larger calamity, new policy strategies are now needed to resolve imbalances among the United States, China, and other economies, and to build robust demand in the medium term. This report, drafted by an international team of experts for the Pacific Economic Cooperation Council (PECC), provides a policy framework for completing the recovery and achieving sustained growth beyond it. The report identifies priorities for replacing stimulus programmes with structural reforms, and for launching new growth engines to drive investment and employment throughout the Asia-Pacific region. The report presents a regional strategy as well as separate, detailed analyses of the challenges facing China, Advanced Asia, Southeast Asia, North America, and South America. It concludes that inclusive, balanced, sustained growth in the region is feasible, but will require structural reforms that change economic relationships within economies and among them, and substantial international cooperation in implementing coherent national policies.
  • From Asian to Global Financial Crisis - An Asian Regulator's View of Unfettered Finance in the 1990s and 2000s by Andrew Sheng. This is a unique insider account of the new world of unfettered finance. The author, an Asian regulator, examines how old mindsets, market fundamentalism, loose monetary policy, carry trade, lax supervision, greed, cronyism, and financial engineering caused both the Asian crisis of the late 1990s and the current global crisis of 2008-2009. This book shows how the Japanese zero interest rate policy to fight deflation helped create the carry trade that generated bubbles in Asia whose effects brought Asian economies down. The study's main purpose is to demonstrate that global finance is so interlinked and interactive that our current tools and institutional structure to deal with critical episodes are completely outdated. The book explains how current financial policies and regulation failed to deal with a global bubble and makes recommendations on what must change.
  • Nowhere to Hide: The Great Financial Crisis and Challenges for Asia by Lim Mah-Hui, Michael and Lim Chin. This accessible view of the causes and course of the 2007-2009 Financial Crisis is offered through Asian eyes by two senior economists with banking and academic experience in Asia and the West. Factors contributing to the Crisis are assessed: related ideologies and theories; financial industry practices and malpractices; structural imbalances in the international economy. Outstanding world challenges are highlighted in the final chapter. Bibliography and index.
  • Governing and Managing Knowledge In Asia edited by Thomas Menkhoff; Hans-Dieter Evers et al. This book examines both the theoretical and practical aspects of knowledge governance and knowledge management in the context of an increasingly competitive, globalised marketplace. Several case studies of Asian countries and organisations are presented, aimed at analysing factors impacting the governance of knowledge and exemplifying practices that policy makers and business leaders adopted to manage knowledge resources and knowledge processes to their fullest potential. For this second edition, all chapters have been thoroughly edited and data, tables and graphs have been updated to reflect the latest available statistics. Trends have been re-evaluated and adjusted to reflect recent developments in the fast-moving scene of knowledge governance and knowledge management.

No comments:

Post a Comment