China has become one of the fastest-growing economies ever seen in the world in recent times. In the last three decades, China has transformed itself from a command economy to a market one, albeit a nominally socialist one, and its management systems have been reformed accordingly. In the light...

1. Introduction -- 2. Market distortions and productivity growth -- 3. Trade reform and productivity growth -- 4. Labour market flexibility and productivity growth -- 5. Informal sector, subcontracting and productivity growth -- 6. Foreign competition, bargaining power and cost-price margin --...

1. New challenges for Asian financial integration / Yiping Huang and Shiro Armstrong -- 2. The global financial market crisis : policy lessons for Asia / Donald Hanna -- 3. International division of labour and global imbalances / Jianwei Xu and Yang Yao -- 4. Measuring systemic risk :...

The economies of the People's Republic of China and India are market economies which account for more than a third of the global population. This book compares and contrasts the two economies. It delves into the constructive and favourable side as well as adverse and unfavourable side of the two...

Asia has undergone rapid transformation over the past several decades as many countries have embraced new technologies and the processes of globalisation. Focusing on a number of developed and developing Asian economies, this book explores the dynamics of workforce development and skill...

Small and Medium Scale Enterprises (SME) have found more interest in the last few years, whereas industrialization is no longer seen as a simple way of development. This book analyses how SME clusters emerge in a developing economy. Using India as a case study, it addresses one central question:...