Rajan Ramkishen S Rajan – författare

The phenomenon of South-South FDI flows, particularly those arising from multinational companies from China and India, has generated considerable interest among policymakers, academics and the popular press in recent times. This phenomenon raises several questions such as: What is behind the rise of such intra-regional investment flows? What is the magnitude of such flows, and can they be expected to persist/accelerate over time? What are the challenges faced by emerging market multinationals and the future prospects of intra-Asian FDI flows?This book, written by top scholars from academia, international organizations as well as think tanks, consists of a set of papers focusing on these issues. The book is unique in its coverage - focusing on China, India and Southeast Asia rather than limiting itself to a sub-regional or country-specific focus. The chapters in this book highlight important policy issues but are supported with relevant data and empirics, with rigorous empirical analysis being applied to important practical policy issues. The book also provides pertinent overviews of recent research on the questions explored. While the chapters have been crafted to be able to stand up to academic scrutiny, they are also written in a manner that makes them easily accessible to all policymakers, students and business/financial journalists who are interested in Asia and in the emergence of South-South FDI flows.

Singapore''s rapid evolution from a modest trading post under colonial rule into a prosperous, self-confident nation is one of the notable success stories of the second half of the 20th century. International trade and investment linkages have been the cornerstones of the city-state''s economic success (more than 7 per cent per annum during the period 1970-2005).This book offers an overview of the Singapore economy with emphasis on its global trade and investment linkages and policies. It analyzes patterns and policies of Singapore''s trade and foreign direct investment (FDI) and discusses issues related to its services sector, focusing on its multilateral and bilateral commitments.The book will be a good reference source for business executives, journalists, and diplomats, as well as students and academics specializing in Asian studies and economic development.

A decade has passed since the Asian crisis of 1997-1998 which decimated many of the regional economies. While the crisis itself led to severe economic and political consequences, its primary cause was an inappropriate mix of policies, as regional economies attempted to simultaneously maintain fairly rigid exchange rates (soft US dollar pegs) and monetary policy autonomy in the presence of large-scale capital outflows. The chapters in this volume focus on selected exchange rate, monetary and financial issues and policies that are of contemporary relevance and importance to Asia, including choice of exchange rate regimes, causes and consequences of reserve accumulation, international capital flows, macroeconomic synchronization, and regional monetary and financial cooperation.

This book consists of 20 short essays on different dimensions of international economic policy with specific (though not exclusive) focus on Asia. Topics covered include: exchange rate regimes and reserve buildup in Asia; global macroeconomic imbalances; financial sector liberalization; international capital flows to and from Asia; infrastructure financing in Asia; foreign direct investment (FDI) flows, production networks, manufacturing and outsourcing in Asia; the economic rise of China and India; and trade, financial and monetary regionalism in Asia. While the book covers important and often technical economic issues of contemporary policy relevance, it is written in a manner that is easily accessible to non-economists, including students of public policy, international affairs, international commerce and business, as well as policy-makers and interested observers.

The dynamics of a global economy is being reshaped by the economic emergence of two Asian giants, China and India. How the world''s two most populous countries manage globalization as they pursue economic reform and liberalization will impact significantly their societies, the rest of Asia, and the world.This book brings together articles by first rate scholars of China and India to share and discuss their research findings in four areas: Challenges, Opportunities and Responses to Globalization; Social Security and Governance; National Security in the age of Globalization; and Ethnicity and Identity in the New World.The book includes an opening address by Singapore''s Minister Mentor Lee Kuan Yew, from his speech on “Managing Globalization: Lessons from China and India”, delivered at the official opening of the Lee Kuan Yew School of Public Policy on 4 April 2005.

The term “economic globalization” has been discussed extensively in the popular press, by business executives and by policy-makers all over the world. While academic economists have made some excellent contributions to specific, technical aspects of economic globalization, there appears to be a need for economists to discuss the broader aspects of the issue in a more accessible manner. Failing this, the general debate will be informed only by the writings of non-economists.That is the motivation for this book, which is a collection of essays on various aspects of economic globalization in general, but with specific reference to Asia.