Thailand's sucess with economic development in recent decades is due mainly to is commitment to an outward-looking, market-based economy, a development strategy centered on the private sector, and cautious financial policies. This papers dicusses recent economic strains and how the authorities are coping with them to sustain the momentum of development

If you are looking to understand how tax havens and offshore financial centers work, how they are governed (or not!), and what kind of economic and political impacts they have, then this book is for you! This recent text by well-recognized experts in the field is a most welcome addition to the literatures.... It fills an important void, since there was not until now a general but nevertheless detailed reference text on tax havens... it should be mandatory for courses in IPE, intern...

Why the dollar is—and will remain—the dominant global currencyThe U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008–2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar’s looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully argues, the financial crisis, a dysfuncti...

The book tells the tale of Malaysia's political economy, on how politics is deeply intertwined with the economy. The author backs his thesis that corruption, cronyism and abuse of power is crippling Malaysia's ability to compete in the global economy with facts and figures. His insights tells of how Malaysians can fulfill the country's potential and make a difference for the future generations. The author was elected as a Member of Parliament for Petaling Jaya Utara in March 2008. He's cu...

Since attaining independence in 1965 Singapore has experienced exceptionally rapid growth, low inflation, and a healthy balance of payments. This paper reviews Singapore's economic development from a long-term perspective and examines some of the factors that have contributed to the sustained rapid growth

In Africa's Odious Debts, Boyce and Ndikumana reveal the shocking fact that, contrary to the popular perception of Africa being a drain on the financial resources of the West, the continent is actually a net creditor to the rest of the world. The extent of capital flight from sub-Saharan Africa is remarkable: more than $700 billion in the past four decades. But Africa's foreign assets remain private and hidden, while its foreign debts are public, owed by the people of Africa through their ...

The IMF's response to the global crisis of 2008–9 marked a significant change from its past policies. The Fund provided relatively large amounts of credit quickly with limited conditions and accepted the use of capital controls. This book traces the evolution of the IMF's actions to promote international financial stability from the Bretton Woods era through the most recent crisis. The analysis includes an examination of the IMF's crisis management activities during the debt crisis of the ...

Macroeconomics in Small Island States brings to the reader similar subjects as in a traditional economics reader, but now in the context of small islands. To insure a level of societal well-being an island state develops an economic infrastructure that can be useful to attract foreign investors, and makes efforts to obtain continuous financing for activities to boost social and economic progress as well as international competitiveness.The colonial domination of the past and the lo...

The World Bank East Asia and Pacific Economic Update 2010, Volume I, is the World Bank's comprehensive, twice-yearly review of the region's economies. In this edition, the Bank finds that, largely thanks to China, the region's output, exports, and employment have mostly returned to the levels they were at before the crisis. And while countries can grow rapidly in the next decade even in a slower world economy, they need to return to their structural reform agendas with renewed ...

Globalization and Development is a "cross-national study" on the "interstate dispersion" of the impacts (on growth, inequality and poverty) that international economic integration provides to the economies of the developing countries. In order to present the "Leading Issues in Development with Globalization" in a balanced manner, to identify differences and commonalities among "Country Experiences" in development with globalization, and to introduce diversified development paradig...