Handbook of Emerging Economies

Robert E Looney (Naval Postgraduate School, USA Naval Postgraduate School, Monterey, California)

'This volume will become the indispensable reference on emerging markets.' - Moises Naiotam, author of End of Power: From Boardrooms to Battlefields and Churches to States, why being in charge is no longer what it used to be. 'This is another jewel in the editor's and the publisher's literary crowns.' - Jahangir Amuzegar, former minister of Commerce and Minister of Finance, Iran, and a former executive director of the International Monetary Fund. 'One-stop shopping for policy experts and international business professionals, not to mention the merely curious.' - Peter Passell, former economics columnist for the New York Times and editor of the Milken Institute Review. 'The BRIC economies are the first big story of the 21st century. Here Robert Looney has assembled the essential handbook, and a remarkable collection of authors, to tell their tale.' - Barry Eichengreen, Professor of Economics and Political Science, University of California, Berkeley, and former senior policy adviser at the International Monetary Fund. 'This volume is destined to become an instant classic ... a dream team of contributors.' - Hossein Askari, Iran Professor of International Business and International Affairs, George Washington University. 'A valuable contribution.' - Dwight H. Perkins, Harold Hitchings Burbank Professor of Political Economy, Emeritus, Harvard University.

• Foreword Part 1: Introduction-Overview 1.1. Introduction 1.2. Key Trends in the World Economy Part 2: The BRICSs 2.1. Brazil Albert Fishlow 2.2. Russia Phil Hanson 2.3. India Surjit S. Bhalla 2.4. China Pieter Bottelier 2.5 South Africa Robert E. Looney Part 3: Key Lessons: The Transition to Emerging Status 3.1. Modern Stage Theories and their Relevance for Emerging Economies Robert E. Looney 3.2. Keys to Success: The Beijing, Washington or Competitiveness Consensus? John Williamson Part 4: Diverse Success Stories 4.1. Israel Paul Rivlin 4.2. Singapore Linda Lim 4.3. Chile Patricio Navia Part 5: Likely Success Stories 5.1. Turkey Fatih Ozatay 5.2. Indonesia Zamroni Salim 5.3. Mexico Francisco Gonzalez 5.4. Malaysia Herizal Hazri Part 6: Possible Candidates: The Difficult Road Ahead 6.1. Argentina Domingo Cavallo 6.2. Vietnam Martin Rama 6.3. Philippines Dante Canlas 6.5. Pakistan Shahid Javed Burki 6.6. Egypt Bob Springborg 6.7. Thailand Peter Warr 6.9. Iran Hamid Zangeneh 6.10. Colombia Nake M. Kamany, Laura Armey and Danielle Ramirez 6.11. Saudi Arabia Robert E. Looney Part 7: Assessing the Future 7.1. Implications for Global Governance Leslie Armijo 7.2. Challenges of Managing Emerging Economies Domingo Cavallo 7.3. Korea's Rise, Crisis and Recovery Bernhard Seliger 7.4. China and India, 2025: A Comparative Assessment Charles Wolf