Asian Century ... on a Knife-Edge : A 360 Degree Analysis of Asia's Recent Economic Development

This book is open access under a CC BY 4.0 license. This book delves into the widely held belief that the 21st century will be the "Asian Century" by examining the Asia's rapid economic development in the post-war era and the challenges it faces in forging ahead of world leaders in the West. The impact of the current turbulent global political climate on Asia is critically analyzed, employing a holistic and multidisciplinary approach, combining economic, social, political and geopolitical perspectives. Written in an accessible style, the book offers students, business, government, and civil society players powerful insights on Asia. Acknowledgments Contents Chapter 1: Introduction US Reboots Post-war Asia From Asian Renaissance to Asian Century Hype From Asian Century Hype to Donald J. Trump Trump Administration Moves into Action Taking Stock of Asia’s Economic and Social Development Seven Challenges for an Asian Century What Next for the Asian Century? Part I: Taking Stock of Asia’s Economic and Social Development Chapter 2: Asia’s Stunted Economic Development What Is the Outlook for Asia’s Catch Up Economies? Size Matters, But Not 100% Japan Almost Made It! Korea: The Chaebol Republic China’s Conundrums India: A Slow Burner Indonesia’s Oligarchy Vietnam, the Next China? Concluding Comments Chapter 3: Asia’s Mythical Middle-Class Society Asia’s Stunted Middle Class Middle Class in Manila Escaping Extreme Poverty Inequality Holds Back Asia’s Poverty Reduction Asia’s Precariat Surviving on the Threshold of Poverty in Bangladesh Poverty in the Midst of Prosperity: The Case of Singapore Japan’s Two-Track Job Market and Vulnerability A Deeper Look at Poverty Reduction and Asia’s Toilet Crisis A Deeper Look at Poverty Reduction and the Impact of Natural Disasters Asia’s Education Divide Asia’s Digital Divide Asia’s Appalling Human Rights Happiness and Asia’s Middle Class The Rise of Asia’s Super Rich Part II: Seven Challenges for an Asian Century Chapter 4: Getting Better Value Out of Global Value Chains Birth of GVCs GVCs, a Fast Track to Development Hooking on to GVCs Asian Trade and Investment Liberalization Trans-Pacific Partnership Trump Trade Policy Regional Comprehensive Economic Partnership Climbing GVCs China’s Efforts to Climb GVCs China’s R&D China “Innovation Mercantilism” China’s Outward FDI China’s Industrial Espionage Entrepreneurship in China Asia’s Weak Participation in GVCs for Services Risks and Challenges of GVC-Based Development The Quest for Socially Responsible GVCs Chapter 5: Making the Most of Urbanization’s Potential Insights from Sir W. Arthur Lewis Labor Unrest in China China’s Urban Apartheid Urban Poverty and Slums Dharavi, India’s Most Famous Slum Indonesia’s Infrastructure Crisis Asia’s Urban Environmental Disaster Urbanization and Asia’s Innovation Imperative Asia’s Best City: Singapore Versus Hong Kong Chapter 6: Giving All Asians a Chance! LGBT Rights in Asia The Many Trials of Womanhood in Japan The Plight of South Asia’s Women Asia’s Missing Women Forced Child Marriage in South Asia Pakistan’s Dishonorable Honor-Killing Epidemic Asia’s Indigenous Peoples Indonesia’s West Papuans China’s Tibetans Dire Situation of China’s Uighurs Sri Lanka Needs National Reconciliation India’s Caste System Is Still Alive and Well Chapter 7: Solving Asia’s Demographic Dilemmas Asia’s Demographic Transitions India’s Demographic Destiny East Asia’s Fading Fertility China’s “Two-Child Policy” Economic Costs of Asia’s Aging Populations Social Policy Challenges of Asia’s Aging Populations Korea’s Shameful Demographic Drama Japan’s Silver Democracy Japan’s Immigration Imperative Toward a Multicultural Korea Chapter 8: Fixing Asia’s Flawed Politics Asia’s Democracy Deficit What’s Holding Back Asia’s Democratization? Will China Democratize? Korea’s Corrupt Democracy Japan’s Oligarchic Democracy Philippines’ Populist Temptation Thailand, the Land of a Thousand Coups Military Hangs on in Myanmar Naïve Appeal of Authoritarian Government Why Democracy Matters, Even in Asia Chapter 9: Combating Asia’s Economic Crime Counterfeiting and Piracy Illegal Drug Production and Trafficking in Asia Environmental Crime Human Trafficking in Asia Human Smuggling Corruption in Asia Japan’s Institutionalized Corruption Malaysia’s Crime of the Century China’s Cancerous Corruption Mongolia’s Corruption Curse Lessons from Clean Singapore Money Laundering in Asia Cybercrime Chapter 10: Can Asian Countries Live Together in Peace and Harmony? US and Asia During the Cold War Rehabilitation of China Japan, from Chinese Friend to Foe Taiwan and China: It’s Complicated Hong Kong and China: It’s Even More Complicated North Korean Imbroglio China Snaffles the South China Sea from Its Southeast Asian Neighbors China Fractures ASEAN China’s Leadership for Asian Infrastructure Belt and Road Initiative for a Sinocentric Asia Chinese and Indian Frictions Obama’s Pivot to Asia Trump’s Potshots at Asia The Future of Peace and Harmony in Asia Part III: Looking Ahead Chapter 11: What Next for the Asian Century? Can Asia Rise to the Challenge? The Donald Trump Collision A World with Increasingly Divergent Interests Risks of Conflict and Crisis Erratum to: Introduction Index Annotation This title delves into the widely held belief that the 21st century will be the 'Asian century' by examining the Asia's rapid economic development in the post-war era and the challenges it faces in forging ahead of world leaders in the West. The impact of the current turbulent global political climate on Asia is critically analysed, employing a holistic and multidisciplinary approach, combining economic, social, political and geopolitical perspectives. Written in an accessible style, it offers students, business, government, and civil society players powerful insights on Asia "This title delves into the widely held belief that the 21st century will be the "Asian century" by examining Asia's rapid economic development in the post-war era and the challenges it faces in forging ahead of world leaders in the West. The impact of the current turbulent global political climate on Asia is critically analysed, employing a holistic and multidisciplinary approach, combining economic, social, political and geopolitical perspectives"-- Provided by publisher Asian Century; Asia's middle class; Urbanisation in Asia; Asian demographic challenges; Democracy and politics in Asia; Asia's global value chains; Economic crime in Asia; Power transition in Asia; China and US rivalry; Inclusive growth in Asia http://library.oapen.org/handle/20.500.12657/27922

Asian Century; Asia's middle class; Urbanisation in Asia; Asian demographic challenges; Democracy and politics in Asia; Asia's global value chains; Economic crime in Asia; Power transition in Asia; China and US rivalry; Inclusive growth in Asia