EAN: 9789811326332

EMERGING STATES AND ECONOMIES GEBUNDEN

This open access book asks why and how some of the developing countries have emerged under a
set of similar global conditions  what led individual countries to choose the particular paths
that led to their emergence  and what challenges confront them. If we are to understand the
nature of major risks and uncertainties in the world  we must look squarely at the political
and economic dynamics of emerging states  such as China  India  Brazil  Russia  and ASEAN
countries. Their rapid economic development has changed the distribution of wealth and power in
the world. Yet many of them have middle income status. To global governance issues  they tend
to adopt approaches that differ from those of advanced industrialized democracies. At home 
rapid economic growth and social changes put pressure on their institutions to change. This
volume traces the historical trajectories of two major emerging states  China and India  and
two city states  Hong Kong and Singapore. It also analyzes cross-country data to find the
general patterns of economic development and sociopolitical change in relation to globalization
and to the middle income trap.

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