『Myanmar's Foreign Exchange Market: Controls, Reforms, and Informal Market』
by Koji Kubo / US$119.99 / 2018年発行 / ISBN978-981-13-1788-0
This is the first book dedicated to the scrutinization of Myanmar's unofficial foreign exchange market, its roots in restrictive administrative controls on foreign exchange and international trade, and its effects on the country’s economic performance. This book integrates vast pieces of records and data with first-hand information from extensive fieldwork to create an overall picture of the chaotic but seemingly efficient foreign exchange market in Myanmar, a transitional economy in Southeast Asia whose economic systems had been less known due to its isolation until recently. This book illustrates how the unofficial foreign exchange market emerged during the country’s transition to a market-based economy, how informal currency deals proliferated under restrictive controls, and why they persist despite the significant economic reforms since 2011. Refuting the conventional wisdom of foreign exchange policy reforms, this research clarifies path-dependent features of foreign exchange market systems, and it discusses possible solutions for modernizing economic systems. This book is highly recommended to readers who seek an in-depth analytical narrative about informal economic activities and foreign exchange policy reforms in a fragile state.
The author further explores state identity and how changes of circumstances, norms, state self-perception, and the perceptions of others effects that identity. This is done first through a policy analysis of Turgut Özal, Necmettin Erbakan and İsmail Cem and second through an examination of AKP’s foreign policy experiences and ideas, especially in relation to Ahmet Davutoğlu.
『Industrial Organization in Iran: The Weakly Organized System of the Iranian Apparel Industry』
by Yoko Iwasaki / €49.99 / Published in 2017発行 / ISBN978-981-10-4578-3
This book focuses on Iran to explore the question of how the nature of industrial organizations and the whole system they constitute can exert a great influence on an industry’s competitiveness and resilience. The author examines what happens if firms and companies participating in the manufacturing and distribution process of a certain product are not organized to a high degree and operate independently. The book begins with an inquiry into the historical environment of Iran’s apparel industry, which has never been stable. It then reveals the specific practices that enable firms to maintain their independent business, and argues that the elastic state of the production and distribution system has worked for the survival of self-reliant member firms.
The typical Iranian apparel firm persists in maintaining independent operations regardless of its size, a practice that is inimical to the development of long-lasting business relations with other firms as well as to vertical integration between firms, in all stages from production to distribution. A distinguishing feature of Iran’s apparel industry is that the member firms are barely organized compared with their counterparts in advanced industrialized countries. Despite such a weakly organized system, generally small-scale but self-reliant Iranian firms courageously persist in the face of the market’s difficulties.
Superficially, it appears that Iran’s apparel market is being filled with Chinese goods, but the reality is somewhat different. Apparel firms that are currently doing business with China but are ready to terminate it at any time are taking advantage of newly emerging opportunities to ensure the survival of their own businesses. Reopening those businesses for domestic operations remains an ever-present possibility for them.
『Political Determinants of Income Inequality in Emerging Democracies』
by Takeshi Kawanaka , Yasushi Hazama / €49.99 / 2016年1月発行 / 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 —Firm Strategy and Industrial Development in China—』
Edited by Mariko Watanabe / ￡90.00 / 2014発行 / 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 —Livelihood of Persons with Disabilities in the Philippines—』 Soya Mori , Celia M. Reyes, Tatsufumi Yamagata 編 / US$152.00 / 2014発行 / 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 —Self-organization and Participatory Development in Asia—』
Shinichi Shigetomi , and Ikuko Okamoto 編 / ￡75.00 / 2014発行 / 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 —The Case of Northern Bangladesh—』
ションチョイ アブー 編 / €51.99 / 2014発行 / 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 —Vietnam’s Motorcycle Component Suppliers under Japanese and Chinese Influence—』
by FUJITA Mai / €51.99 / 2013発行 / 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.
『Market Platforms, Industrial Clusters And Small Business Dynamics』
by DING Ke / ￡75.00 / 2012発行 / 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.
『The Economics of East Asian Integration: A Comprehensive Introduction to Regional Issues』
Edited by Masahisa Fujita, Ikuo Kuroiwa , and Satoru Kumagai / ￡125.00 / 2011年9月発行 / 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 The Transmission Mechanism of Financial Shocks』
Edited by Satoshi Inomata / ￡65.00 / 2011年6月発行 / 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.
『Industrial Clusters, Upgrading and Innovation in East Asia』
Edited by Akifumi Kuchiki, and Masatsugu Tsuji / ￡75.00 / 2011年発行 / 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 contributors reconsider industrial cluster policy within a more dynamic and long-term framework, and explore how regional transformations can bring new insights to the theory of agglomeration and innovation. By identifying the factors and policies to promote upgrading, the authors establish the theoretical and policy basis for transforming industrial clusters from production-oriented to innovation-oriented agglomerations. They also study the important structural changes in the region, such as FTAs and the role of the WTO, and the consequent effects on clusters. Researchers and students of Asian economics, industrial clusters and innovation will find this incisive book invaluable. It will also prove to be a compelling read for policymakers in developing countries or international development organizations.
『Input Trade and Production Networks in East Asia』
Edited by Daisuke Hiratsuka and Yoko Uchida / ￡65.00 / November 2010発行 / ISBN978-1-84980-069-3
Intermediate input trade is regarded as an important contributory factor in explaining the increase in world trade in recent years. This timely book presents, for the first time, meticulous empirical analyses of the growth of input trade, and includes detailed studies that capture the main features and characteristics of production networks in East Asia. Intermediate input trade has grown markedly in East Asia, and at a much faster rate than in the rest of the world. Since the early 1990s, when technological developments made it possible to separate the production process into many stages, East Asia as a region has developed sophisticated production networks in the manufacture of various products. Different countries have installed production stages according to their levels of technology or factor endowments, and consequently sequential production stages are now located across various countries. In order to produce final goods, East Asian nations have therefore relied on the trade of inputs back and forth. Containing unique and important data, this book will appeal to academics, researchers and policymakers interested in trade, economic integration and Asian studies. ‘Spatial fragmentation of production is linked with two great waves of unbundling. The first one was a century and a half ago when the spatial location of production of goods was separated from their consumption. We live in the age of a second unbundling where certain operations within the same factory can be fragmented and performed elsewhere. There is trade in certain tasks and components which was made possible by cheaper and better communication and transport. This book considers production networks in East Asia, which is and will continue to be the most dynamic economic region in the decades to come.’ – Miroslav N. Jovanovic, University of Geneva, Switzerland
『Industrialization in Late-Developing ASEAN Countries : Cambodia, Laos, Myanmar and Vietnam』
Edited by AMAKAWA Naoko / US$28.00 / 2010年3月発行 / ISBN978-9971-69-403-6 (paperback)
Late industrializing countries are able to pick strategies for economic development based on the experiences of countries that preceded them. Cambodia, Laos, Myanmar and Vietnam (the CLMV countries) were closed off from the international community for many years, and they began to embrace a market economy at around the same time. Each bypassed the import-substitution strategy adopted by other Southeast Asian countries and began industrialization efforts with export growth funded by Foreign Direct Investment. The outcomes differed significantly owing to geographical location, government policies, and internal economic conditions. Industrialization in Late-Developing ASEAN Countries explores these differences through case studies based on an extended research program conducted by the Institute of Developing Economies in Tokyo, which offered insights into models of economic growth, and into the trajectories followed by the four countries examined.
『Australia's Foreign Economic Policy and ASEAN』
Edited by Jiro Okamoto / US$49.90 / 2010年3月発行 / ISBN978-981-230-974-7
In this book, Jiro Okamoto explores the development of Australia's foreign economic policy towards ASEAN. He examines in detail decisive factors such as changes in the international and regional environment and the replacement of a dominant policy coalition with another in Australia's domestic policy process. His analysis shows that the shifts in Australia's ASEAN policy have not only closely reflected changes in Australia's overall foreign economic policy orientation, but that Australia's ASEAN policy strongly drove the change at key junctures. His work also offers important insights into the prospect of an "inclusive" economic integration process in East Asia. Although Australia's foreign economic policy has been an important element in regional economic cooperation, its inclusion in the East Asian integration process still remains ambiguous.