The Asian financial crisis of 1997–1998 was supposed to be the death knell for the developmental state. The International Monetary Fund supplied emergency funds for shattered economies but demanded that states liberalize financial markets and withdraw from direct involvement in the economy. Financial liberalization was meant to spell the end of strategic industry policy and the state-directed "policy lending" it involved. Yet, largely unremarked by analysts, South Korea has since seen a striking revival of financial activism. Policy lending by state-owned development banks has returned the state to the core of the financial system. Korean development banks now account for one quarter of all loans and take the lead in providing low-cost finance to local manufacturing firms in strategic industries.Elizabeth Thurbon argues that an ideational analysis can help explain this renewed financial activism. She demonstrates the presence of a "developmental mindset" on the part of political leaders and policy elites in Korea. This mindset involves shared ways of thinking about the purpose of finance and its relationship to the productive economy. The developmental mindset has a long history in Korea but is subject to the vicissitudes of political and economic circumstances. Thurbon traces the structural, institutional, political, and ideational factors that have strengthened and at times weakened the developmental consensus, culminating in the revival of financial activism in Korea. In doing so, Thurbon offers a novel defense of the developmental state idea and a new framework for investigating the emergence and evolution of developmental states. She also canvasses the implications of the Korean experience for wider debates concerning the future of financial activism in an era of financialization, energy insecurity, and climate change.
Описание: Why are developing country democracies struggling to take advantage of globalization when free trade is supposed to benefit all participants? This book makes a significant contribution to political science by revealing how and why these democracies are struggling to generate much-needed public revenues in the face of trade liberalization.
Описание: This comparative analysis of administrative frameworks, functions, and performance of revenue bodies in 28 Asia–Pacific economies includes developments and trends in tax administration practice and performance.The analysis and practical guidance provided in this report are based on surveys of revenue bodies conducted in 2016 and 2017, along with accompanying research of revenue bodies’ corporate documents, and guidance and diagnostic materials published by international organizations that seek to promote improvements in tax administration. This report also encourages governments and revenue officials to identify opportunities to enhance the operation of tax systems.It is third in the series on ADB's tax administration that aims to help revenue bodies and governments identify opportunities for enhancing the operation of their tax systems by sharing internationally comparable data on aspects of tax systems and their administration. However, considerable care needs be taken with international comparisons of tax administration setups and performance-related data. In this report, ADB adopted the International Survey on Revenue Administrations survey instrument.
Описание: This publication provides information on revenue bodies in Asia and the Pacific to support efforts of developing member countries to strengthen their tax administration systems.
Improved tax systems can help countries in the region generate the resources needed to implement the Sustainable Development Goals. In this publication, current tax administration practices of 34 economies are presented. It also includes an analysis of the administrative frameworks, practices, and performance of revenue bodies. The analysis was largely based on survey data gathered by the Asian Development Bank in collaboration with the Organisation for Economic Co-operation and Development and the International Monetary Fund.
Описание: The National Accounts Statistics: Analysis of Main Aggregates, 2015 is the forty-sixth issue of this publication which comprises in the form of analytical tables a summary of the principal national accounting aggregates based on official national accounts data for more than 200 countries and areas, covering 1970-2015. It also contains a section on the estimation methods used for compiling data. It is prepared by the Statistics Division of the Department of Economic and Social Affairs of the United Nations in cooperation with national statistical offices. Tables include analysis of data on gross domestic product (GDP) by different structural components. They are classified into: 1) analysis of the level of total and per capita GDP 2) analysis of the percentage shares of GDP by type of expenditure and gross value added by kind of economic activity 3) analysis of economic development expressed in terms of real growth of GDP and its components by type of expenditure and gross value added by kind of economic activity, and 4) analysis of price development reflected by implicit price deflators of GDP.
Описание: This forty-eighth issue provides, in the form of analytical tables, a summary of the principal national accounting aggregates based on official national accounts data for more than 200 countries and areas, covering 1970-2017. It also contains a section on the estimation methods used for compiling data.
Описание: This is volume 3 of a three-volume publication on Bangladesh's trade prospects. Bangladesh's ambition is to build on its very solid growth and poverty reduction achievements, and accelerate growth to become a middle income country by 2021, and share prosperity more widely amongst its citizens. This includes one of its greatest development challenges: to provide gainful employment to the over 2 million people that will join the labor force each year over the next decade. Moreover, only 54.1 million of its 94 million working age people are employed. Bangladesh needs to use its labor endowment even more intensively to increase growth and, in turn, to absorb the incoming labor. The Diagnostic Trade Integration Study identifies the following actions centered around four pillars to sustain and accelerate export growth: (1) breaking into new markets through a) better trade logistics to reduce delivery lags; as world markets become more competitive and newer products demand shorter lead times, to generate new sources of competitiveness and thereby enable market diversification; and b) better exploitation of regional trading opportunities in nearby growing and dynamic markets, especially East and South Asia; (2) breaking into new products through a) more neutral and rational trade policy and taxation and bonded warehouse schemes; b) concerted efforts to spur domestic investment and attract foreign direct investment, to contribute to export promotion and diversification, including by easing the energy and land constraints; and c) strategic development and promotion of services trade; (3) improving worker and consumer welfare by a) improving skills and literacy; b) implementing labor and work safety guidelines; and c) making safety nets more effective in dealing with trade shocks; and (4) building a supportive environment, including a) sustaining sound macroeconomic fundamentals; and b) strengthening the institutional capacity for strategic policy making aimed at the objective of international competitiveness to help bring focus and coherence to the government's reform efforts. This third volume provides in-depth analysis of eight different manufacturing and services sectors of the Bangladeshi economy, which help to illustrate the thematic analysis of volume 2 and ground it in sector experiences. Besides pointing to cross-cutting themes, the analysis also highlights some specific issues and actions that could help relieve constraints to faster export growth in these sectors.
Описание: Reviews international and regional developments from a trade perspective, describing the principal global economic trends and structural changes in international trade, the main areas of trade growth and the changes these drive in the region. This edition examines how a third consecutive year of increasing declines in regional export values has affected the region.
Описание: This comparative analysis report, the second in a series, is part of ADB’s regional research and development project on tax administration that analyzes the administrative frameworks, functions, and performances of 21 economies in Asia and the Pacific. The initial version of this report was published in 2014. The primary objective of the series is to motivate governments and revenue officials by sharing knowledge of important developments and trends in tax administration practice and performance, and to identify opportunities to enhance the operation of their tax systems.
Описание: Presents, in the form of analytical tables, a summary of the principal national accounts aggregates as provided by countries and supplemented with estimates prepared by the Statistics Division. The publication includes analysis of data on Gross Domestic Product by different structural components.
Описание: The present work examines the economics and legal doctrine of private equity. After a consideration of private equity’s origins, the book will explore the evolution of private equity in the United States and Europe. The reference economic model then will be reconstructed, with particular attention to financial flows to and from private equity firms and funds. This reconstruction will be instrumental for the subsequent analysis of remunerative policies and practices of private equity firms and the illustration of recommendations to improve them, especially following the subprime mortgage crisis of 2008. The book concludes with critical points for operators, legislators, and regulatory authorities in the light of the results of the economic analysis of private equity and of comparative regulatory analysis.
Автор: Programmes, Division For Africa, Least Developed Countries And Special United Nations Conference On Trade And Development Название: Rapport sur le developpement economique en afrique 2021 ISBN: 9211130050 ISBN-13(EAN): 9789211130058 Издательство: Mare Nostrum (Eurospan) Рейтинг: Цена: 8039.00 р. Наличие на складе: Нет в наличии.
Описание: Le rapport annuel analyse les principaux aspects du developpement de l`Afrique et les questions de politique d`interet pour les pays africains.
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