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Book Details :
Published on: 2016-04-14
Released on:
Original language: English

The world at large is watching both China and India as powerhouses of economic growth. The two nations have achieved significantly high rates of economic growth ever since their respective economies liberalized in 1978 and 1991. Singapore, despite its limited land size and almost total dependence on external trade, has performed remarkably well and has moved ‘from the third world to the first’. This book documents and explains the rapid economic growth of the three key Asian economies. The book also looks at what has happened to income inequality in the context of superior growth performance. It makes comparative assessments and examines the implications for the three nations. Since free markets have nothing in them to produce a reduction in income inequality among persons/households, one must at best hope for equality of opportunity – notably reflected in identical schooling for all; identical health care for all; and minimal rather than vulgar inequality in housing. This book is particularly useful for both China and India which may wish to study and learn from Singapore in regard to the policies, programmes and projects aimed at ensuring equality of opportunity. The book is backed by considerable expertise on the part of the researchers, with demonstrated expertise through their publications spawning a few decades. It is invaluable to those who are concerned with designing policies for developing countries aimed at rapid and inclusive economic growth. This book has been made possible by the intellectual and financial support extended by the Global Asia Institute, National University of Singapore. 1.2 ICTs Income Inequality and Ensuring Inclusive Growth Similarly at the country level decreases in poverty are correlated with growth in ICT adoption. From 2000 through 2010 the change in the poverty headcount ratio ... India and the IMF Material about India and its activities with the IMF Economic inequality - Wikipedia Economic inequality is the difference found in various measures of economic well-being among individuals in a group among groups in a population or among countries. The effect of the size and mix of public spending on ... Effect of size and mix of public spending on growth and inequality from OECD Economics Department The size and mix of public spending can have a considerable effect ... The Singapore Economic Review (World Scientific) are prices sticky in large developing economies? an empirical comparison of china and india Research - Morgan Stanley A Look at Morgan Stanley Research with Global Director Simon Bound. Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in ... Inequality - OECD INEQUALITY AND INCOME: Income inequality in OECD countries is at its highest level for the past half century. The average income of the richest 10% of the population ... Economic globalization - Wikipedia Economic globalization is the increasing economic integration and interdependence of national regional and local economies across the world through an ... Federal Reserve Bank of San Francisco Research Economic Economic analysis and research summaries for a general audience. Federal Reserve Bank of San Francisco Research Economic ... Exchange rate shocks have mixed effects on economic activity in both theory and empirical VAR models. In this paper we extend the empirical literature by considering ...
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