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Publications (23)
– Completing a trilogy on Asia’s transformation
Deepak Nayyar — economist, thinker, leading scholar — has written yet another splendid book. Resurgent Asia: Diversity in Development, together with the excellent Asian Transformations: An Inquiry into the Development of Nations (2019), recently edited by Nayyar, and an earlier path-breaking book...
Working Paper
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Inspired by Gunnar Myrdal’s core concepts discussed in his seminal work, Asian Drama: An Inquiry into the Poverty of Nations, published in 1968, this paper analyses the opening-up experiences of three Asian countries (China, India, and Malaysia) by triangulating between the following: (i) the...
Working Paper
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– The role of norms and organizational power
The role of institutions in Asian development has been intensely contested since Myrdal’s Asian Drama, with later contributions from institutional economics and developmental state theory. Despite much progress, the dominant approaches do not agree about the institutions that matter nor do they...
Working Paper
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– Trends in industrialization and industrial policy experiences of developing Asia
Industrial transformation of Asia arguably constitutes the most surprising and dramatic change in the global economy in the last fifty years. This paper provides an outline of some of the most important trends of this development and analyses selected national industrial policies that promoted...
Working Paper
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– Three plus three
Six Southeast Asian countries (Cambodia, Lao People’s Democratic Republic, Malaysia, Myanmar, the Philippines, and Thailand) defied Gunnar Myrdal’s pessimistic prognosis in his 1968 volume, Asian Drama, regarding their prospects for development. In the past half-century, these countries raised...
– ICT Opportunities and Challenges
Within the last three decades, industrialization, and manufacturing in particular, has decreased in importance as the principal driver of economic growth and development in the world economy. The expansion of the service sector in industrialized societies reflects the increasing significance of the...
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– Are Developing Countries Different?
Factors determining the diffusion of digital mobile telephony across 200 developed and developing countries in the 1990s are studied with the aid of a Gompertz model. The market size and network effects are found to play more important roles in the developing countries; there is also more need for...
Policy Brief
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The rise of the new economy is undeniable. Yet its impact on the development process is still to be fully understood. Investment in ICT itself is not sufficient to ensure longterm improvements in social well-being but requires other factors that result in an enabling environment in which progress...
Working Paper
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A firm’s business model describes the way in which it creates, delivers, and appropriates value. In the debate about the ongoing demise of several e-commerce ventures, only a few analysts have looked at the relative sanity of innovative e-business Models, relying mostly on static environmental...
Working Paper
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– Is It an IT Story?
This paper examines trends in idiosyncratic risk in different ‘new economy’ and ‘old economy’ industries, and explores whether these developments can be attributed to the use of IT. A CAPM-based decomposition of equity returns is employed to estimate idiosyncratic risk. The results provide evidence...
Working Paper
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The pervasiveness of the illegal copying of software is a worldwide phenomenon. Software piracy implies a huge loss of potential customers of original software buyers, which directly translates into revenue losses for the software industry. Given this, conventional wisdom would suggest the need for...
Working Paper
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– A Firm-level Economic Analysis of Selected Indian Industries under Economic Liberalization
The economic liberalization in India was expected to boost the economy, particularly the industrial sector through faster technological development. The Schumpeterian hypothesis, which studies the relationship between market structure variables such as firm size and market concentration and their...
Working Paper
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– Pros and Cons of an Inward-Orientated Development Strategy
The software and information services (SIS) sector is at the heart of the New Economy and has been rapidly growing through the whole world during the last decades. This is also the case in Argentina where in the middle of a deep recession, the turnover of the sector augmented by 40 per cent and...
Displaying 16 of 23 results