Asian Transformations An Inquiry into the Development of Nations 1st edition by Deepak Nayyar 019884493X 9780198844938

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ISBN-10 :  019884493X 

ISBN-13 :  9780198844938

Author:  Deepak Nayyar 

Gunnar Myrdal published his magnum opus, Asian Drama: An Inquiry into the Poverty of Nations, in 1968. He was deeply pessimistic about development prospects in Asia. The fifty years since then have witnessed a remarkable social and economic transformation in Asia – even if it has been uneven across countries and unequal between people – that would have been difficult to imagine, let alone predict at the time. Asian Transformations: An Inquiry into the Development of Nations analyses the fascinating story of economic development in Asia spanning half a century. Asian Transformations sets the stage by discussing the contribution of Gunnar Myrdal to the debate on development then and now and providing a long-term historical perspective on Asia in the world. It then uses cross-country thematic studies on governments, economic openness, agricultural transformation, industrialization, macroeconomics, poverty and inequality, education and health, employment and unemployment, institutions, and nationalisms to analyse processes of change while recognizing the diversity in paths and outcomes. Specific country studies on China, India, Indonesia and Vietnam, and sub-region studies on East Asia, Southeast Asia, and South Asia, further highlight turning points in economic performance and demonstrate factors underlying success or failure. Including in-depth studies by eminent economists and social scientists, Asian Transformations comprehensively examines the phenomenal changes that are transforming economies in Asia and shifting the balance of economic power in the world and reflects on the future prospects for this continent over the next twenty-five years. It is a cohesive and multi-disciplinary study of a rapidly changing economic landscape, and makes an important contribution to understanding the complexities and processes of development from different perspectives.

Asian Transformations: An Inquiry into the Development of Nations 1st Table of contents:

Part I Setting the Stage
1. Rethinking Asian Drama Fifty Years Later Deepak Nayyar
1. Introduction
2. Gunnar Myrdal and Asian Drama
3. Rationale and Objective
4. Themes, Stylized Facts, and Lessons
5. Structure and Contents
Afterword
2. Gunnar Myrdal and Asian Drama in Context Ravi Kanbur
1. Introduction
2. Gunnar Myrdal Before Asian Drama
3. The Development Terrain in Mid-twentieth Century
4. Asian Drama and After
5. Conclusion: Asian Drama and the Development Discourse in the Twenty-first Century
3. Myrdal’s Methodology and Approach Revisited Frances Stewart
1. Introduction
2. The Main Elements of Myrdal’s Methodological Approach
3. Has Analysis Changed in a Myrdalian Direction?
4. The Relevance and Irrelevance of Myrdal Today
5. Conclusion
4. Asia and the World Economy in Historical Perspective Ronald Findlay
1. Introduction
2. Malthus, Muslims, and Mongols, 1000–1500
3. Silk Roads and Sea Lanes: International Trade, 1000–1500
4. The European Intrusion and the Creation of Global Trade, 1500–1650
5. Land Power versus Sea Power, 1650–1860
6. Imperialism to Independence, 1860–1968
7. Will this be the Asian Century?
Part II Cross-Country Thematic Studies
5. The State and Development Peter Evans and Patrick Heller
1. Introduction
2. The Northeast Asian Developmental State: Origins and Transformation
3. China: A Theoretical Challenge to the Analysis of the Asian State
4. Southeast Asian Counterpoints
5. The Contradictory Configuration of the Indian State
6. What Lessons from the Transformations of the Asian State?
6. Economic Openness and Development Richard Kozul-Wright and Daniel Poon
1. Introduction: Economic Openness and Asian Divergence
2. The Abiding Legacy of Myrdal’s Asian Drama
3. Trade and Investment Patterns in the Asian Divergence
4. Concluding Remarks
7. Agriculture, the Rural Sector, and Development Rob Vos
1. Introduction
2. Exiting Agriculture, Patterns of Structural Change, and Poverty Reduction
3. Agriculture and Food System Changes as Conditioners of Inclusive and Exclusive Structural Transformation
4. The Role of Policies
5. The End of the ‘Asian Drama’?
8. Industrialization and Development Ha-Joon Chang and Kiryl Zach
1. Introduction
2. Asian Industrial Development in Numbers
3. Industrial Policy in Asia
4. Conclusion
9. Macroeconomic Perspective on Development Amit Bhaduri
1. Introduction
2. Initial Conditions
3. Labour Utilization and Extensive Growth
4. Macroeconomic Constraints on Labour Use
5. Domestic versus Foreign Markets
6. Import Substitution versus Export Promotion
7. Technological Capability and Capital Account Openness
8. The Role of Decentralization in the State versus Market Debate
9. Economic and Social Inequality
10. Concluding Observations
10. Poverty and Inequality Guanghua Wan and Chen Wang
1. Introduction
2. Growth, Inequality, and Poverty Profiles
3. Sources of Poverty Reduction
4. Drivers and Costs of Inequality
5. Summary and Conclusions
11. Education and Health Sudipto Mundle
1. Introduction
2. The Spread of Education
3. The Spread of Health Services
4. Social Development, Disparity, and the State
5. A Concluding Remark
12. Unemployment, Employment, and Development Rolph van der Hoeven
1. Introduction and Overview
2. The Analytical Framework
3. The Development Experience
4. Policies, Institutions, and Outcomes
5. Future Prospects
6. Conclusions
13. Institutions and Development Mushtaq H. Khan
1. Introduction
2. Myrdal and Institutional Analysis
3. Political Settlements and Institutional Evolution
4. Comparative Institutional Experiences
5. Incremental versus Radical Reform and Prospects for the Future
14. Nationalism and Development Prasenjit Duara
1. Introduction
2. The Legacy of European Nationalism
3. Post-war Asian Nationalisms
4. Colonial Legacies in Asia
5. The Cold War Framework
6. Nationalism in China and India
7. The Asian Financial Crisis and the Question of National Autonomy
8. Nationalism and Development in the Twenty-first Century
9. Conclusion
Part III: Country and Sub-Region Studies
Country Studies
15. China
1. Introduction
2. Why was China Trapped in Poverty before 1978?
3. Why could China have an Extraordinary Performance after the Transition in 1978?
4. Why did other Transition Economies not Perform Equally Well?
5. What Price did China Pay for its Success?
6. Can China Maintain Dynamic Growth and become a High-Income Country in the Years Ahead?
7. Final Remarks
16. India
1. Myrdal and India
2. Politics First
3. India’s Economic Trajectory Since Independence
4. Contemporary Challenges
5. The Next Twenty-five Years
17. Indonesia
1. Introduction
2. Understanding Indonesia’s Pathway out of Poverty
3. The Evolution of the Indonesian Economy
5. Looking Forward to 2045: Optimism or Pessimism?
18. Vietnam
1. Introduction
2. History
3. Economic Growth, Structural Transformation, and Rural Change from 1986
4. From Planning to Markets: Increasing SOE Autonomy and Fostering Entrepreneurship
5. Openness: Aid, Trade, and FDI
6. Human Development
7. Conclusions and Reflections
Sub-Region Studies
19. East Asia
1. Introduction
2. Exceptional Economic Performance in Northeast Asia
3. Northeast Asia’s Rise in the Neo-liberal Paradigm
4. The Rise of the Developmental State
5. Characteristics of the Northeast Asian Developmental State
6. Singapore and Hong Kong
7. Conclusion
20. Southeast Asia
1. Introduction
2. Raising Agriculture Output and Transitioning from Agricultural Dependence
3. Industrial Development, the State, and the Private Sector
4. Openness, Trade, and Foreign Investments
5. Employment, Inequality, and Social Development
6. Southeast Asian Development Narratives
21. South Asia
1. Introduction
2. Historical Context and Initial Conditions
3. Growth and Structural Transformation
4. Growth Reversal of the 1970s
5. Attempted Transition to a Higher Growth Path
6. Poverty Reduction and Human Development
7. Challenges Lying Ahead

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Tags: Asian Transformations, An Inquiry, Development, Nations, Deepak Nayyar