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Emerging States at Crossroads

This volume analyzes the economic, social, and political challenges that emerging states confront today. Notwithstanding the growing importance of the ‘emerging states’ in global affairs and governance, many problems requiring immediate solutions have emerged at home largely as a consequence of the rapid economic development and associated sociopolitical changes. The middle-income trap is a major economic challenge faced by emerging states. This volume regards interest coordination for technological upgrading as crucial to avoid the trap and examines how various emerging states are grappling with this challenge by fostering public-private cooperation, voluntary associations of market players, and/or social networks. Social disparity is another serious problem. It is deeply rooted in history in the emerging states such as South Africa and many Latin American countries. However, income distribution is recently deteriorating evenin East Asia that was once praised for its high economic growth with equity. Increasing pressure for political opening is another challenge for emerging states. This volume argues that the economic, social, and political problems are interwoven in the sense that the emerging states need to build political consensus in order to tackle the economic and social difficulties. Democratic institutions have not always been successful in this respect.

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Publisher

Singapore : Springer Nature Singapore., 2019

Collation

XIII, 293, hlm,: ill, lamp;

Language

ISBN/ISSN

9789811328596

Classification

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Content Type

text

Media Type

other

Carrier Type

online resource

Edition

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Subject(s)

Democracy
Economic Policy
Asian Economics,
R & D/Technology Policy
Development and Social Change
Development Policy

Specific Detail Info

Attempts a systematic analysis of the nature of the middle-income trap, social disparity, and political instability which the emerging states are required to overcome to attain a solidly influential status in the world Compares a variety of emerging states in Asia, Latin America, and Africa to illuminate common challenges they face today Analyzes how socio-economic problems that the emerging states face require political solution involving interest coordination among market players and between market players and non-market players

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Shiraishi

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ida

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ida

Digital Object Identifier (DOI)

https://doi.org/10.1007/978-981-13-2859-6

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