Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/190865
Editors: 
Tsunekawa, Keiichi
Todo, Yasuyuki
Year of Publication: 
2019
Series/Report no.: 
Emerging-Economy State and International Policy Studies
Abstract: 
This volume analyzes the economic, social, and political challenges that emerging states confront today. Notwithstanding the growing importance of the 'emerging states' in global affairs and governance, many problems requiring immediate solutions have emerged at home largely as a consequence of the rapid economic development and associated sociopolitical changes. The middle-income trap is a major economic challenge faced by emerging states. This volume regards interest coordination for technological upgrading as crucial to avoid the trap and examines how various emerging states are grappling with this challenge by fostering public-private cooperation, voluntary associations of market players, and/or social networks. Social disparity is another serious problem. It is deeply rooted in history in the emerging states such as South Africa and many Latin American countries. However, income distribution is recently deteriorating even in East Asia that was once praised for its high economic growth with equity. Increasing pressure for political opening is another challenge for emerging states. This volume argues that the economic, social, and political problems are interwoven in the sense that the emerging states need to build political consensus in order to tackle the economic and social difficulties. Democratic institutions have not always been successful in this respect.
Subjects: 
Middle-income trap
Emerging economies
Emerging states
Global production networks
Global value chains
Globalization
Technological upgrading
Developmental state
Embedded autonomy
Globalization paradox
Populism
Social disparity
Asia
China
India
Brazil
South Africa
Turkey
Persistent Identifier of the first edition: 
ISBN: 
978-981-13-2859-6
Creative Commons License: 
https://creativecommons.org/licenses/by/4.0/
Document Type: 
Book
Document Version: 
Published Version
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