Cover image for Renaissance of Asia : Evolving Economic Relations Between South Asia and East Asia.
Renaissance of Asia : Evolving Economic Relations Between South Asia and East Asia.
Title:
Renaissance of Asia : Evolving Economic Relations Between South Asia and East Asia.
Author:
Nicolis, Gregoire.
ISBN:
9789814366519
Personal Author:
Physical Description:
1 online resource (277 pages)
Contents:
Contents -- Tables -- Figures -- Abbreviations -- Foreword -- Acknowledgements -- About the Authors -- Chapter 1 Introduction and Summary Pradumna B. Rana -- Reference -- Chapter 2 Regional Economic Integration in Asia: Historical and Contemporary Perspectives Pradumna B. Rana -- Introduction -- Asia's Re-Emergence -- South Asia's Economic Relations with East Asia: Historical Perspective -- Precolonial years -- The 19th and early 20th century (The colonial period) -- The postcolonial period (1950s onwards) -- Asian Economic Integration -- Contemporary Perspectives -- East Asian trade integration -- East Asian financial integration -- East Asian macroeconomic policy coordination -- (i) Economic review and policy dialogue -- (ii) Regional financing arrangement -- Next steps in East Asian financial integration -- Economic Relations between South Asia and East Asia9 -- Economic Integration in South Asia -- References -- Chapter 3 Restoring the Links: Historical Perspectives on South Asia-East Asia Relations Ellen L. Frost -- Introduction: Sailing through History -- Re-Mapping and Re-Centering South Asia-East Asia Relations -- Re-centering "Asia" -- Appreciating the oceans -- A Brief History of South Asia-East Asia Relations -- The Silk Road -- Maritime Asia -- China's contribution -- South Asia's contribution -- (i) South Asians and trade -- (ii) The spread of hindu culture -- (iii) Buddhism -- Characteristics of Maritime Asia -- Restoring Asian Unity: Suggestions for Policy -- Causes of the great divide -- Pan-Asianism and anti-colonialism -- Suggested policy lessons -- References -- Chapter 4 Horizontal Asia Anthony Bubalo and Malcolm Cook -- Trade, Energy and Infrastructure -- A Challenge for the West -- The Regionalism Canary -- Chapter 5 Linkages Between East and South Asia: The Contemporary Trade Perspective Robert Scollay -- Introduction.

Selected Economic Indicators and their Implications -- East Asia-South Asia trade and its Future Potential and Implications -- Recent growth in East Asia-South Asia trade -- Trade shares -- Trade intensities -- Commodity composition of trade -- Revealed comparative advantage -- Complementarity index -- Increasing trade integration between East and South Asia, and the role of preferential trade agreements (PTAs) -- References -- Chapter 6 Transport and Trade Facilitation for South Asia-East Asia Trade Douglas H. Brooks and Barbara Dizon -- Introduction -- Trade in Developing Asia -- Description of trade in developing Asia -- Changing nature of trade in Asia -- Transport Costs as Associated with Trade Facilitation -- Infrastructure to Support Trade Facilitation in Asia -- Regional Cooperation and Trade Facilitation (East and South Asia) -- Conclusion -- References -- Chapter 7 Connecting South and East Asia for Pan-Asian Integration: Prospects and Challenges Biswa Nath Bhattacharyay -- Introduction -- The Concept and Benefits of Regional Connectivity -- Concept of connectivity -- Connecting regional projects -- Trade and Economic Gains from Better Connectivity -- Challenges for Connectivity -- Socio-economic, geographic and demographic diversity -- Rapid economic growth and basic infrastructure needs -- Impact on environment -- Capacity, knowledge and technology -- Pan-Asian and Inter-Sub-regional Connectivity Initiatives -- Regional and sub-regional infrastructure cooperation -- Pan Asian connectivity for East-South Asia connectivity -- Sub-regional connectivity -- BIMSTEC -- Greater Mekong Sub-region (GMS) -- Mekong-Ganga Cooperation Initiative (MGCI7) -- Priority projects for connectivity -- Financing South and East Asia Connectivity -- National connectivity needs -- Regional connectivity needs -- Conclusions and Recommendations -- References.

Chapter 8 Pan-Asian Economic Integration Country Perspectives from the Japanese Manufacturing Industries Masaaki Amma -- Challenges of Japanese Economy After Global Financial Crisis -- Short Historical Thought: Makie (Japan) -- Business in Asia Viewed by Japan -- How Japan Can Do Business Better in Integrating Asia? -- Recently Announced "New Growth Strategy" of Japan -- Issues for Japan -- Conclusion -- References -- Chapter 9 Singapore's Direct Investment Links with Sri Lanka: Past Experience and Future Prospects Tilak Abeysinghe and Ananda Jayawickrama -- Introduction -- Sri Lanka's Economic Performance in a Comparative Perspective -- Singapore's Investment in Sri Lanka: Past Experience -- Singapore's Investment in Sri Lanka: Future Prospects -- Conclusion and Policy Implications -- References -- Index.
Abstract:
A recent study by the Asian Development Bank notes that by 2050, Asia's per capita income would rise six-fold to reach Europe's levels today, one of many indications of Asia's "re-emergence". By then, Asia's share of global GDP would have doubled and it would have regained the dominant economic position it once held some 300 years ago before the industrial revolution. What is less well-known is that during the previous eras of globalization, Asia was also regionally integrated and globally connected. During the 19th and the first half of the 20th centuries, Asia was divided and fragmented. This unique book argues that, led by the economic dynamism and "re-encountering" between China and India, we are witnessing the "Renaissance of Asia". As in the bygone eras, Asia is integrating within itself and the global economy is intensifying, now driven by market-oriented production networks and economic policies. Asia is starting to be "re-centered" as trade and investment relations between South Asia and East Asia surge. Asia's rise is a restoration of the past, not a revolution. This book is a must-read for anyone interested in the economic development of Asia.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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