The Chinese state has integrated its economy into the neoliberal globalization of trade and investment without neoliberalizing its own financial markets, and to ensure stability, the state applies strict controls on interest rates, capital movement and the value of RMB. The Chinese state...

Global modeling has evolved remarkably in the last two decades. Such evolution led it to perform today's role as an experimental laboratory for the social sciences, and particularly for applications to policy planning. Two of the most interesting applications to policy are to resource economics...

The government of China, to hone manufacturing’s competitive edge, has adopted a series of regional industrial policies to stimulate advanced manufacturing clusters as facilitators of agglomeration effects, utilisers of factor endowments, and implementers of innovation solutions, by playing...

It is often claimed that what is popularly known as the "flying geese paradigm" of dynamic comparative advantage has accurately depicted the East Asian catching-up process. This paper presents a critical study of the paradigm, as well as its application to the current situation in East Asia...

Least Developed Countries’ (LDCs’) recent economic performance has sparked renewed optimism, although the remarkable trend in GDP growth has not been commensurate with employment creation and social development outcomes. Against this background, whilst the Istanbul Programme of Action for...

Smart grid as the cleaner alternative to the legacy power system can improve technical, economical, and environmental aspects of the system up to a considerable degree. In smart grids, Distributed Generation (DG) units; which play an important role, should be optimally allocated. In this paper,...

In this paper, due to the importance of extensive monitoring, protection and control systems as well as the importance of hybrid systems, both the AC and DC sectors have been attempted to make the implementation of the WAMPAC system more transparent to these types of networks. As a general rule,...

Over the last 50 years, Asia has been the most successful region in the world in terms of rapid economic development. The success of Asia is largely because of the adoption of the (Manufactured) Export-Oriented Growth Strategy or (M)EOGS by one group of countries after another. (M)EOGS, modeled...

Can expansion of modern-services such as telecommunications, banking & finance and business services boost industrialization in developing countries? We explore this question in a two-sector Kaleckian model where an autonomously growing service sector generates market for a demand-constrained...

Megatrends are trajectories of change that typically unfold over years or decades and have the potential for substantial and transformative impact. CSIRO released its seminal global megatrends in 2012 as part of the Our Future World report. While these megatrends helped inform long-term...