Industrial Restructuring in Asia: Implications of the Global Economic Crisis is an attempt to examine the impact of the global economic crisis of 2008 on the industrial structure in Asia. Although the crisis did not originate in Asia, Asian economies and financial markets felt its impact, which is likely to deepen significantly in the coming years. The book brings to light not only the cyclical impacts of the crisis, but also those that could influence the long-term growth rate and structure of economies.
Willem Thorbecke is a Senior Fellow at Japan's Research Institute of Economy, Trade and Industry (RIETI). He was a Senior Research Fellow at the Asian Development Bank Institute (ADBI). Prior to that, he was a Faculty Member at George Mason University and a Senior Fellow at Japan's Research Institute of Economy, Trade and Industry. Wen-jen Hsieh is on the Faculty of Economics, National Cheng Kung University (NCKU), Taipei,China. She also serves as the Director- General of University Art Center, and a member of International Trade Commission, Ministry of Economic Affairs, Taipei,China.
Foreword - Masahiro Kawai I: OVERVIEW Introduction - Wen-jen Hsieh, Atsuyuki Kato and Willem Thorbecke Capitalism after the Crisis: Myths and Fallacies - Jagdish N Bhagwati II: IMPACTS ON INDUSTRIAL STRUCTURE: LESSONS FROM PREVIOUS CRISIS AND IMPLICATIONS OF THE CURRENT CRISIS AND GROWTH REBALANCING The Global Economic Recession and the Industrial Structure: Evidence from Four Dragons in Asia - Wen-jen Hsieh Promoting Learning and Industrial Upgrading in ASEAN - Willem Thorbecke, Mario Lamberte and Ginalyn Komoto Global Economic Recession and Challenges to the PRC's Export-Led Growth Strategy - Yuqing Xing Global Financial and Economic Crisis: Implications from Trade and Industrial Restructuring in South Asia - Prabir De and Chiranjib Neogi Impact of the Global Economic Crisis on Taipei: China's Industrial Structure and Firm Activities - Jack Hou III: IMPACTS OF THE CRISIS ON THE SERVICE SECTOR AND IMPLICATIONS FOR GLOBAL REBALANCING Industrial Upgrading and Global Recession: Evidence of Hard Disk Drive and Automotive Industries in Thailand - Archanun Kohpaiboon and Nipon Poapongsakorn Global Economic Crisis: Implications and Restructuring of Services Sector in India - Abhijit Das, Rashmi Banga and Dinesh Kumar ASEAN Services Sector and the Growth Rebalancing Model Countries - Rafaelita Aldaba and Gloria Pasadilla Index