Co-publication with Other Foreign Publishers

Political Determinants of Income Inequality in Emerging Democracies


Political Determinants of Income Inequality in Emerging Democracies
by Takeshi Kawanaka , Yasushi Hazama / € 49.99 / Published in January 2016 / ISBN978-981-10-0256-4
This study explores why democratization does not necessarily result in inequality reduction in emerging democracies and reveals the determinants of income inequality in emerging democracies, where the average level of inequality continues to be higher and where there is a larger variance of inequality levels than in advanced democracies. Apart from economic, demographic, and social factors, the book highlights political factors that obstruct redistributive policies. In contrast to conventional studies on advanced democracies, which emphasize the relations between different classes, this study asserts that several political factors cause malfunctioning of democratic institutions at various phases of the political process in emerging democracies: multidimensional preferences, the failure of the political market, and weak state capacity.

The book employs econometric methods to examine the effects of these political factors. The results indicate their significant effects. The multilevel analysis using the World Values Survey demonstrates that multidimensional preferences, operationalized as ethnic fractionalization, weaken demand for income inequality. Political market quality and state capacity are measured by the age of the largest opposition party, and the Quality of Government indicator is used for the unbalanced panel analysis covering the 1985–2012 period for 75 democracies. Both political market quality and state capacity reduce inequality, but the latter takes more time to show its effect.

The Disintegration of Production

Edward Elgar

The Disintegration of Production —Firm Strategy and Industrial Development in China—
Edited by Mariko Watanabe / £ 90.00 / Published in 2014 / ISBN978-1-78347-641-1
'It is a conventional belief that the Chinese industrial economy is dominated by large state-owned enterprises closely connected with political power. While this perception is correct for some industries, such as petroleum refinery, this fascinating book, edited by Mariko Watanabe, presents us with a vivid picture of another side of the economy, where smaller enterprises specializing in separate modular products compete with each other on the basis of a common platform, contributing to its dynamism. The book combines fresh theories and hypotheses, derived from intimate field work, with empirical testing. This is certainly an eye-opening work for everyone interested in the future of the Chinese economy.’
– Masahiko Aoki, Stanford University, US

In the past two decades, China has experienced rapid industrial and economic growth. This fascinating book explores the unique Chinese business strategy of vigorous market entry and low prices, which has been the key feature of this accelerated industrial growth.

Poverty Reduction of the Disabled


Poverty Reduction of the Disabled —Livelihood of Persons with Disabilities in the Philippines—
Edited by Soya Mori , Celia M. Reyes, Tatsufumi Yamagata / $ 152.00 / Published in 2014 / ISBN978-0-415-50785-1
A third of poor people are disabled in the developing world. How much do we know about their livelihood with hard data? Are they entirely powerless and dependent on family members? How do they earn income? These questions have become more important than ever, now that persons with disabilities (PWDs) in developing countries have awakened to rights and entitlements and that the international community started considering the incorporation of disability into the context of poverty reduction. This book highlights opportunities and challenges faced by PWDs in the developing countries.

This book also illustrates the analyses with a case study which was conducted in the Philippines and this case study has made a good progress in legislation for PWDs. A field survey was jointly conducted by the Institute of Developing Economies, Japan, and the Philippine Institute for Development Studies in Metro Manila, the capital city of the Philippines, in 2008. Around 400 PWDs were interviewed, and the data was investigated with econometrics. The book highlights a remarkable disparity in earnings and education among PWDs. The book also examines the positive role of organizations such as Disabled People’s Organizations and how empowerment of PWDs is made through dissemination of useful information such as programs given by the central and local governments.

The book concludes that all measures, i.e. education, training, DPOs and institutional preferences, must be mobilized harmoniously to boost the livelihood of PWDs sinking in the bottom stratum in income.

Local Societies and Rural Development

Edward Elgar

Local Societies and Rural Development —Self-organization and Participatory Development in Asia—
Edited by Shinichi Shigetomi, and Ikuko Okamoto / £ 75.00 / Published in 2014 / ISBN978-1-78347-437-0
The importance of community-based and participatory approaches to rural development in developing countries has long been emphasized. Rural people, who are economically and politically weak as individuals, can only participate in development projects when they are collectively organized. However, this is no easy task. This book aims to identify the mechanisms in each local society through which rural people can best organize themselves to meet their development requirements. It stresses the need to find local mechanisms that motivate and control the members of a new organization in order to achieve organizational goals.

Seasonality and Microcredit


Seasonality and Microcredit —The Case of Northern Bangladesh—
Edited by SHONCHOY Abu / € 51.99 / Published in 2014 / ISBN978-4-431-55009-9

  • Pioneering study in the field of seasonality-adjusted flexible micro-credit
  • Employs observational data and randomized control experiment techniques to address the key research questions
  • Numerous potential policy implications, such as the designing of typical micro-credit schemes, of relevance to practitioners, think tanks and policy makers

The mismatch between credit repayments and income seasonality can create serious distortions. However, typically Micro-Finance Institutes (MFIs) do not provide any adjustments due to the income seasonality. For instance in Northern Bangladesh, Income and consumption downfalls during the time of post-Aman rice plantation seasons are quite regular phenomenon which is locally known as “Monga”. Poor landless agricultural wage laborers suffer the most due to this seasonality and usually they face difficulty to smooth their consumptions. As a result, it is extremely difficult to arrange the regular weekly loan repayments of the micro-credit, which they have taken during the productive part of the year. Using field experiments through RCTs in Northern Bangladesh, we randomly assigned seasonality adjusted flexible micro-credits and traditional rigid micro-credit to different borrowing groups. Examining the repayment behavior of the borrowers in the context of geographical classifications and loan designs; employing both survey and experimental methods, this study allows us to see the consequences of flexible loan repayment rules during the lean periods, and how they affect both MFIs and participating borrowers. The findings of this study have important policy implications for MFIs and policy-makers of the developing countries.

Exploiting Linkages for Building Technological Capabilities


Exploiting Linkages for Building Technological Capabilities —Vietnam’s Motorcycle Component Suppliers under Japanese and Chinese Influence—
by FUJITA Mai / € 51.99 / Published in 2013 / ISBN978-4-431-54769-3

  • Focuses on one of the most dynamic and successfully developed but underexplored industries in Southeast Asia
  • Provides rich insights into trajectories and mechanisms of supplier learning based on firm-level data collected through extensive fieldwork
  • Makes significant theoretical and methodological contributions to the field of global value chain and technological capability formation

One of the key ingredients of success in building internationally competitive industries lies in amassing a sizeable pool of competent suppliers of parts, components and accessories. This monograph examines how in developing countries suppliers of mechanical components at the low end of the technological trajectory build up key capabilities over time. The focus is on Vietnam’s motorcycle industry, which was rapidly transformed from a small, highly protected market to the world’s fourth largest motorcycle producer. This rare success resulted from intense competition between leading Japanese motorcycle manufacturers and local Vietnamese assemblers of imported Chinese components both attempting to gain supremacy in the emerging market.

In particular, the book analyzes how local Vietnamese suppliers of motorcycle components exploited participation in contrasting types of value chains developed by the two groups of leading manufacturing firms, referred to here as Japanese and/or Vietnamese–Chinese chains, for accumulating strategic know-how. On the basis of historical evidence and recent empirical data collected through repeated rounds of in-depth fieldwork the analysis finds first, those suppliers’ learning trajectories evolved over time resulting in a divergence in learning performance extending across suppliers in later phases of industrial development. In the later stage, high-performing suppliers amassed basic innovative expertise, constituting the bedrock of this fast-growing industry. Second, the analysis finds that the diverging performance can be explained by the combination of roles played by lead firms in inducing and facilitating supplier learning and those of suppliers in mobilizing their own sources of knowledge. These conclusions not only provide dynamic, insightful accounts of supplier learning in developing country contexts but also make key theoretical and methodological contributions to the research on value chain participation and supplier learning.

Inernational Trade in Recyclable and Hazardous Waste in Asia

Edward Elgar

Inernational Trade in Recyclable and Hazardous Waste in Asia
by Michikazu Kojima , and Etsuyo Michida / £ 70.00 / Published in 2013 / ISBN978-1-78254-785-3
Little is known about the volume of international recycling in Asia, the problems caused and the struggle to properly manage the trade. This pathbreaking book addresses this gap in the literature, and provides a comprehensive overview of the international trade flow of recyclable waste in Asia and related issues.

Engaging East Asian Integration


Engaging East Asian Integration —States, Markets and the Movement of People—
Edited by Takashi Shiraishi , Jiro Okamoto / US$ 54.00 / Published in Octorber 2012 / ISBN978-981-4380-28-7
Both international trade and investment by East Asian countries have become significantly regionalized. To support this development further, efforts for regional integration have flourished in the forms of bilateral and regional free trade agreements and the ASEAN+3 and East Asia Summit processes, among many others. This book is a compilation of papers and discussions originally presented at the international symposium held during the recent global financial crisis. The symposium aimed to shed light not only on the usual economic aspect but also on other aspects of the multidimensional phenomenon called "regional integration". Thus, in this volume the authors explore the relationship between the U.S. influence and East Asian regionalism, the characteristics of East Asian integration, and the politics of inclusion/exclusion in the integration process. In addition, they point out some "missing links" in integration efforts such as cooperation in the areas of logistics, finance, trade in services, infrastructure and human resource movement. Since the global financial crisis did not deter integration efforts (rather, it has encouraged them), this book serves as a guide for future East Asian integration in terms of what to expect and what is to be done.

Market Platforms, Industrial Clusters And Small Business Dynamics

Edward Elgar

Market Platforms, Industrial Clusters And Small Business Dynamics 
—Specialized Markets in China—

by DING Ke / £ 75.00 / Published in 2012 / ISBN978-1-78100-627-6
The emergence of specialized markets has profoundly improved the means of market access, enriched the driving forces of value chains, and changed the business environment for small firms in the developing world. This ground-breaking book summarizes the experience of specialized markets in a systematic manner.

Industrial Clusters, Upgrading and Innovation in East Asia

Edward Elgar

Industrial Clusters, Upgrading and Innovation in East Asia
Edited by Akifumi Kuchiki, and Masatsugu Tsuji / £ 75.00 / Published in 2011 / ISBN978-0-85793-512-0
This lucid and informative book analyzes the problem of clusters in transition through studies of agglomerations at different stages of development in various East Asian countries.

The Economics of East Asian Integration: A Comprehensive Introduction to Regional Issues

Edward Elgar

The Economics of East Asian Integration: A Comprehensive Introduction to Regional Issues
Edited by Masahisa Fujita, Ikuo Kuroiwa , and Satoru Kumagai / £ 125.00 / Published in 2011 / ISBN978-0-85793-011-8
This volume is intended to be the most comprehensive textbook on economic integration in East Asia. It introduces the reader to various issues related to the topic such as institutional building of FTAs; production networks and the location choice of MNEs; R&D and innovation; infrastructure development and transport costs; international migration and service trade; monetary integration; regional disparity and poverty. It also deals with critical energy, environmental and agricultural concerns. Each chapter contains ample data and rigorous analyses, complemented by illustrative box articles.

Asia beyond the Global Economic Crisis

Edward Elgar

Asia beyond the Global Economic Crisis The Transmission Mechanism of Financial Shocks
Edited by Satoshi Inomata / £ 65.00 / Published in June 2011 / ISBN978-1-84980-764-7
The characteristic feature of the recent global economic crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region can be swiftly and extensively transmitted to the rest of the globe. The sudden contraction of world trade and output was a negative outcome of this intertwined global economic system. Based on the method known as international input–output analyses, this book provides a detailed examination of the mechanics of shock transmission by probing the labyrinth of complex supply networks among nations.