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Asia-Pacific Contemporary Finance and Development
This volume of The International Symposia in Economic Theory and Econometrics explores and investigates contemporary challenges and issues facing the Asia-Pacific economies. For researchers and students of economics and finance, this volume is a fascinating exploration of emerging topics in one the fastest growing economies in the world.
eBook
Aging and Economic Growth in the Pacific Region
The Pacific region is in the final stage of the demographic transition with declining fertility and expanding life expectancy, where significant changes in population size and age distribution, i.e. \"aging\" have been and will be witnessed. They are unprecedented and going to affect economic growth in various ways.
This book focuses on the Pacific region, one of the most rapidly aging regions, and examines the possible risk aspects. Particularly, the book takes into account possible adjustments both endogenous and exogenous (including policy responses) to the new reality of aging population. It also assesses their quantitative influences on the growth impact of aging population, which might be very different from those in past experience.
The book highlights the doubts on the steadiness across periods and similarities across economies of parameters relevant to labor market participation, saving and investment of private sectors, and productivity growth, on which a bulk of prior studies were crucially based. Policy measures to enhance labor supply, domestic savings and productivity have been scrutinized. The book discusses the policy alternatives in practice and their implementations and/or planning of each category across regional economies.
eBook
The Capability Approach
This book provides a unique laboratory of 'capabilities in practice' in the Asia-Pacific region. It explores the application of the capability approach in development practice and public policy from a multidisciplinary perspective by bringing together scholars and practitioners from a wide range of disciplinary backgrounds, including development studies, health policy, political science, political theory, political economy, architecture, indigenous studies, urban planning and communication technologies.
The first part of the book provides a foundational theoretical framework to introduce the empirical applications of the capability theory in different areas of development practice and public policy in the Asia-Pacific region. This part discusses thorny issues in capability theory and raises the potential for capability theory to lead to new ways of thinking about old problems.
The second part discusses the application of the capability approach to intransigent problems of marginalisation and the articulation of public policy in New Zealand and Australia. In particular, this part focuses on the potential implications that a capability-based approach can have on the well-being of indigenous peoples in both countries, as well as children, older renters, and urban dwellers in Australia.
The third part elucidates how capability theory is being applied by researchers in the Asia-Pacific region to local issues in developing countries such as Samoa, Vanuatu, Papua New Guinea and Sri Lanka. In doing so, it provides original content to the world market in capability theory by focussing on this often-neglected area of scholarship.
As a whole, this volume offers a unique and innovative scrutiny of a multifaceted capability-based analysis of development practice and public policy. The scope and breadth of this volume advance the application of the capability approach and offer an indispensable resource to scholars, researchers, policy makers
eBook
Aging and Economic Growth Potentials in the Pacific Region
The Pacific region is in the final stage of the demographic transition with declining fertility and expanding life expectancy, where significant changes in population size and age distribution, i.e. \"aging\" have been and will be witnessed. They are unprecedented and going to affect economic growth in various ways. This book focuses on the Pacific region, one of the most rapidly aging regions, and examines the possible risk aspects. Particularly, the book takes into account of possible adjustments both endogenous and exogenous (including policy responses) to the new reality of aging population
eBook
New Dimensions of Connectivity in the Asia-Pacific
There is no bigger policy agenda in the East Asian region than connectivity. Costs of international connectivity are indeed falling, in the movement of goods, services, people and data, leading to greater flows, and to the reorganisation of business and the emergence of new forms of international transactions. There are second-round effects on productivity and growth, and on equity and inclusiveness. Participating in trade across borders involves significant set-up costs and, if these costs are lowered due to falling full costs of connectivity, more firms will participate, which is a driver of productivity growth and innovation at the firm level. Connectivity investments are linked to poverty reduction, since they reduce the costs of participating in markets. This volume includes chapters on the consequences of changes in both physical and digital connectivity for trade, for the location of economic activity, for forms of doing business, the growth of e-commerce in particular, and for the delivery of new services, especially in the financial sector. A study of China's Belt and Road Initiative (BRI) is also included. These studies are preceded by an assessment of the connectivity performance in the Asia-Pacific region and followed by a discussion of impediments to investment in projects that contribute to productivity. The collection as a whole provides the basis for a series of recommendations for regional cooperation. The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968.
eBook