Overview
- Attempts a systematic analysis of the nature of the middle-income trap, social disparity, and political instability which the emerging states are required to overcome to attain a solidly influential status in the world
- Compares a variety of emerging states in Asia, Latin America, and Africa to illuminate common challenges they face today
- Analyzes how socio-economic problems that the emerging states face require political solution involving interest coordination among market players and between market players and non-market players
Part of the book series: Emerging-Economy State and International Policy Studies (EESIPS)
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Table of contents (14 chapters)
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Front Matter
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Middle-Income Trap and Beyond
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Front Matter
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Social and Political Dimensions
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Front Matter
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Back Matter
Keywords
- Open Access
- 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
- democracy
- development policy
About this book
This book is open access under a CC BY-NC-ND license.
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 evenin 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.Editors and Affiliations
Bibliographic Information
Book Title: Emerging States at Crossroads
Editors: Keiichi Tsunekawa, Yasuyuki Todo
Series Title: Emerging-Economy State and International Policy Studies
DOI: https://doi.org/10.1007/978-981-13-2859-6
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2019
Hardcover ISBN: 978-981-13-2858-9Published: 13 December 2018
eBook ISBN: 978-981-13-2859-6Published: 30 November 2018
Series ISSN: 2524-5023
Series E-ISSN: 2524-5031
Edition Number: 1
Number of Pages: XIII, 293
Number of Illustrations: 40 b/w illustrations, 5 illustrations in colour
Topics: Economic Policy, R & D/Technology Policy, Asian Economics, Democracy, Development Policy, Development and Social Change