The Oxford Handbook of the Economics of the Pacific Rim

Hardcover | February 4, 2014

EditorInderjit Kaur, Nirvikar Singh

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The Pacific Rim is a dynamic as well as diverse economic region, containing the world's three largest economies (US, China and Japan, measured by GDP at PPP). Many of the world's fasting growing and emerging market economies lie in this region. Trans-Pacific economic exchange, including tradeand capital movements, has been an important driver of the world economy, contributing to growth as well as global imbalances. Within the Asia-Pacific region also, there has been an increase in trade and investment, as well as the development of value chain linkages through outsourcing and foreigndirect investment. How to manage this economic integration and the vagaries of globalization, while supporting continued high growth has been an important theme of economic debate in the region. This Handbook will begin with institutional and historical perspectives, go on to consider various dimensions of economic policies, then examine the growth process and specific challenges to growth, and finally consider the key theme of regional economic integration in its many dimensions, includingtrade, investment, monetary coordination, crisis management and value networks.

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The Pacific Rim is a dynamic as well as diverse economic region, containing the world's three largest economies (US, China and Japan, measured by GDP at PPP). Many of the world's fasting growing and emerging market economies lie in this region. Trans-Pacific economic exchange, including tradeand capital movements, has been an important...

Inderjit Kaur is Research Associate at the University of California, Santa Cruz. She was previously a Research Fellow of the Kiriyama Chair for Pacific Rim Studies at the University of San Francisco Center for the Pacific Rim, where she also taught in the Center's graduate program in Asia Pacific Studies. She has written and published ...

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Format:HardcoverDimensions:704 pages, 9.75 × 6.75 × 0.98 inPublished:February 4, 2014Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199751994

ISBN - 13:9780199751990

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Table of Contents

Inderjit N. Kaur and Nirvikar Singh: IntroductionPART I. THE NATURAL WORLD: HISTORY, CLIMATE, AND RISKS1. Eric Jones: The History of Biological Exploitation on the Pacific Rim2. David Roland-Holst: Climate Risk and Response in the Pacific Rim3. Ilan Noy: Natural Disasters and Economic Policy for the Pacific RimPART II. PEOPLE: MIGRATION, DEMOGRAPHICS AND HUMAN CAPITAL4. Philip Martin: International Labor Migration in the Pacific Rim5. Naohiro Ogawa: Age Compositional Shifts and Changing Intergenerational Transfers in Selected Asian Countries6. Anne Goujon: Human Capital trends in the Pacific RimPART III. PERSPECTIVES ON ECONOMIC GROWTH AND DEVELOPMENT7. Barry Bosworth and Susan Collins: Economic Growth and Performance on the Pacific Rim8. Justin Yifu Lin and Hinh T. Dinh: The New Structural Economics and Strategies for Sustained Economic Development in the Pacific Island Countries9. Manmohan Singh Kumar, Nirvikar Singh and Jaejoon Woo: The Evolution of Fiscal Developments and Policies in the Pacific RimPART IV. GOVERNANCE AND ECONOMIC INTERACTIONS10. Peter Petri and Wendy Dobson: Asia in Global Economic Governance11. Devesh Kapur and Manik Suri: Geoeconomics Versus Geopolitics: Implications For Pacific Asia12. John Ravenhill: The Political Economy of Asia-Pacific Trade Agreements13. Prem-chandra Athukorala: Global Production Sharing and Trade Patterns in East Asia14. Kar-Yiu Wong: Foreign Trade of the Pacific-Rim EconomiesPART V. INDUSTRY, POLICY AND INNOVATION15. Inderjit N. Kaur: Are the Geese Still Flying? Catch-up Industrialization in a Changing International Economic Environment16. Tzu-Han Yang and Deng-Shing Huang: Multinational Corporations, FDI and the East Asian Economic Integration17. Howard Pack: The Impact of Industrial Policy on Asian Growth: An Example from Taiwan18. Ted Tschang: Creative Industries: Socio-Economic Transformation as the New Face of Innovation19. Shahid Yusuf: The Road to Innovation in East AsiaPART VI. MACROECONOMICS AND FINANCE20. Anne Krueger: Asian Financial Crises21. Joshua Aizenman and Hiro Ito: The "Impossible Trinity," the International Monetary Framework, and the Pacific Rim22. Maria Socorro Gochoco-Bautista and Noli R. Sotocinal: Rethinking Capital Account Liberalization23. Eiji Ogawa and Chikafumi Nakamura: Asian Currencies in the Global Imbalance and Global Financial Crisis24. Menzie Chinn and Hiro Ito: Rebalancing of the World Economy and Asia25. Reuven Glick and Michael Hutchison: China's Financial Openness and Asset Return Linkages in East Asia26. Yin-Wong Cheung and Hui Miao: The Offshore RMB market in Hong Kong and RMB Internationalization