China and the Asian Economies Interactive Dynamics, Synergy and Symbiotic Growth

The global economy is currently going through a period of transformation that has seen Asia emerge as the most rapidly growing, industrializing and modernizing region in the world economy. Whilst the rest of the world struggled during the financial crisis of 2007-9, Asia played the role of a linchpin for global economic recovery. This book analyzes the growth of key Asian economies in the latter half of the twentieth century, followed a little later by China. Notwithstanding the diversity in the region, rapid growth was instrumental in integrating the Asian economies initially in a market-led manner. Dilip K. Das focuses on the interactive dynamics and the process of integration in the region, exploring the synergy created as well as the resulting symbiotic growth among the Asian economies and China. Written in a clear, comprehensive and critical manner by a world class expert in the field, this book brings together the contemporary academic and policy debates on the issues under examination. As such it is an essential read for students and scholars of economics, international political economy and Asian Studies as well as MBA students.

Preface Prologue1. Emergence of Asia and Integration of China 2. Launching Economic Transition in China 3. Economic Growth in the Chinese Economy: An Ex-Post Perspective 4. Contemporary State of the Chinese Economy and On-Going Transition to a New Growth Trajectory5. Evolving Pattern of De Facto Integration Between Asia and China 6. From Market-Led to Institution-Led Regional Integration in Asia 7. Maturing Regional Economic Architecture in Asia

Dilip K. Das is the Director of the Institute of Asian Business (IAB) at SolBridge International School of Business, Woosong University, Republic of Korea. He is also a professor of International Economics and International Finance.