Language : English
Published : 2020-08-04
Pages : 200
The Development Dilemma: Security, Prosperity, and a Return to History
Today’s developing nations emerged from the rubble of the Second World War. Only a handful of these countries have subsequently attained a level of prosperity and security comparable to that of the advanced industrial world. The implication is clear: those who study the developing world in order to learn how development can be achieved lack the data to do so.
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Asia will redraw the map of economic progress over the next twenty-five years. Growth is necessary to solve economic and social problems, but harder to achieve as the age of plenty gives way to the age of scarcities. The challenge opens the doors for an Asian economic model based on shifting of productivity for the individual to groups, ecological productivitiy instead of economic productivity, and a reversal to traditional Asian values – less materialistic than Western values. A new paradigm for economic thinking emerges to replace the one launched in the West 200 years ago.
Sponsored by the China National Committee for Pacific Economic Cooperation (CNCPEC) and the United States Asia Pacific Council (USAPC) In 2014, the Asia Pacific Economic Cooperation (APEC) forum celebrates its 25th anniversary in a vastly changed region and world. In Bogor, Indonesia, 20 years earlier, APEC committed to achieve free trade and investment in the region by 2020. In Beijing in 2014, China will again make regional economic integration an APEC priority. These papers draw on two conferences organized by the China National Committee for Pacific Economic Cooperation and are published jointly with the United States Asia Pacific Council. As one contributor put it, APEC earns an “A” for its vision of regional economic integration, but its grade on execution remains “incomplete.” Yet pathways to the Bogor Goals are coming into focus. This book examines the Trans-Pacific Partnership and Regional Comprehensive Economic Partnership negotiations from various perspectives, and considers possibilities for their consolidation into a Free Trade Area of the Asia-Pacific (FTAAP). It also explores regional connectivity and the proposed Asian Infrastructure Investment Bank. Experts from nearly every APEC economy explore the benefits and challenges of regional economic integration. Their perspectives differ, but also reveal striking common ground. They offer practical recommendations for the Asian and trans-Pacific pathways–for ensuring their compatibility, and for promoting their convergence into an FTAAP. This book will be an invaluable reference for readers interested in the prospects for Asia-Pacific economic integration. It testifies to a little-celebrated, but invaluable, achievement of APEC: the rise of a sophisticated international community of experts who understand the region and collaboratively promote its long-term interests.
These thirty-eight essays by the professors and research fellows of the Lee Kuan Yew School of Public Policy is dedicated to the tenth anniversary of the School. The core theme of the essays is governance in Asia and what its governments and peoples are doing for the public good. As Asia rises, its policymakers and citizens, and indeed the rest of the world, are increasingly asking how this dynamic region is making public policy, what we can learn from that exciting, often turbulent process, and how Asians can do better. The School’s diverse and international group of scholars have written a set of informal, provocative, and passionate essays about governance in Asia — its past, present, and future — and why they study it. The volume — a candid, engaging act of transparency and disclosure — is also an invitation to join the conversation on the problems and promise of Asia and the larger dialogue on public policy and policy research in a globalized world.
Readership: Academics, policy makers, LKY School students, alumni and faculty, and anyone interested in the development and management of universities and other institutions of higher education.