New Structure of the Asian Economy for Trade and Resiliency

Hitoshi Hirakawa () and Ferdinand C. Maquito ()
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Hitoshi Hirakawa: Nagoya University
Ferdinand C. Maquito: University of the Philippines Los Baños

Chapter Chapter 13 in The Dynamics of Asian Economic Development, 2024, pp 505-521 from Springer

Abstract: Abstract Emerging and developing economies cannot achieve development separate from the international order and the international environment created by the development stages of the capitalist market economy. Emerging and developing economies in Asia have built their own industries and societies in line with the development mechanisms of the global economy that have been given to them. This chapter summarizes the chapters discussed so far, and summarizes the development process and current status of Asian economies and their challenges. Next, we present a multi-layered cognitive framework for the world economy that takes a comprehensive bird’s-eye view of its development, confirms the contemporary characteristics of development, and explores the challenges at the current stage.

Keywords: Decentralization; Democracy; Localization; Local network; Regionalism; Regionalization; Globalization; Trinity of ODA-FDI-EX/IM (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-3106-0_13

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DOI: 10.1007/978-981-97-3106-0_13

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