China and the Asian Economies

China and the Asian Economies

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The global economy is currently going through a period of transformation that has seen Asia emerge as the most rapidly growing, industrializing and modernizing region in the world economy. Whilst the rest of the world struggled during the financial crisis of 2007-9, Asia played the role of a linchpin for global economic recovery. This book analyzes the growth of key Asian economies in the latter half of the twentieth century, followed a little later by China. Notwithstanding the diversity in the region, rapid growth was instrumental in integrating the Asian economies initially in a market-led manner. Dilip K. Das focuses on the interactive dynamics and the process of integration in the region, exploring the synergy created as well as the resulting symbiotic growth among the Asian economies and China. Written in a clear, comprehensive and critical manner by a world class expert in the field, this book brings together the contemporary academic and policy debates on the issues under examination. As such it is an essential read for students and scholars of economics, international political economy and Asian Studies as well as MBA students.In 2010 the average annual wage ofan urban worker reached $5, 487, which was comparable to those in the ... A largechange in direction in ChinaAlsFDI flows wasinthe services sectorsthat are being liberalized forthe first timeafter ... Thethree important ones among themwere BMW, Volkswagen and Audi.A4 and A6 models ofAudi are valued highly and arethe model of choiceofthe well-heeled Chinese.

Title:China and the Asian Economies
Author: Dilip K. Das
Publisher:Routledge - 2014-01-03

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