The Experience of Market Transformations in Northeast Asia Countries
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The Experience of Market Transformations in Northeast Asia Countries (institutional aspects) / edited by P.A. Minakir ; Russian Acad. Sci., Far-Eastern Branch, Economic Research Institute. - Vladivostok : FEB RAS, 2005. - 256 p. : Il. 8, tables 25, bibl. 122. |
Processes of economic transformations in the countries of Northeast Asia (NEA) in the second half of the 1990s and the beginning of 21st century are described. The experience of economic transformations is generalized, models of market reforms in NEA countries are analyzed. The trends in institutional transformations in macroeconomic policy, as well as the policy of monetary and financial and foreign trade regulation are studied. The key tendencies of investment movement in NEA and methods of promoting attraction of foreign capital are considered.
Designed for researchers, post-graduates, government officials, university students of economics.
Key words: economic reforms, globalization, economic growth, macroeconomic policy, monetary and financial regulation, foreign trade policy, recession, foreign investments, foreign trade, free economic zones.
CONTENTS
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Introduction |
7 |
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CHAPTER 1. NORTHEAST ASIA: ECONOMY UNDER GLOBALIZATION CONDITIONS |
11 |
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1.1. Implementing the «outstripping model» |
11 |
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1.2. Transition to market outcomes |
31 |
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1.3. The stagnation phenomenon |
62 |
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1.4. NEA in a globalizing world |
69 |
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CHAPTER 2. TRANSITIVE ECONOMY: MACROECONOMIC STABILIZATION |
93 |
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CHAPTER 3. MONETARY-FINANCIAL AND FOREIGN TRADE REFORMS |
145 |
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3.1. Gradualistic reforms: Japan |
145 |
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3.2. The Korean version |
180 |
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3.3. Opening to the outer world: Chinese People's Republic |
198 |
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CHAPTER 4. INVESTMENT MARKETS AND MECHANISMS |
213 |
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4.1. Investment flows and capital movement factors |
213 |
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4.2. Free economic zones as an investment multiplier mechanism |
235 |
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Conclusion |
250 |
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Literature |
252 |