Globalisation and its Economic Consequences Looking at APEC Economies

Given the rising criticisms of and growing doubts about globalisation, this timely edited volume looks at globalisation and its economic impact on eight countries in Asia and the Pacific region, namely Australia, China, Indonesia, Japan, Malaysia, Thailand, the United States (US), and Vietnam. The eight selected countries are members of the Asia-Pacific Economic Cooperation (APEC) forum and yet the economies of these member countries have benefited differently from globalisation.

This book summarises findings from existing academic literature in a coherent framework and reviews them critically to provide a balanced analysis. It also identifies the mechanisms through which globalisation impacts economies and explains how understanding of such mechanisms can be useful for formulating policies, which would benefit from globalisation while achieving inclusive economic growth in the context of rising nationalism and protectionism.

The Open Access version of this book, available at

http://www.taylorfrancis.com/books/10.4324/9781003138501, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

About the book

Edited by Shujiro Urata, Ha Thi Thanh Doan

264 Pages 57 B/W Illustrations

Series: Routledge-ERIA Studies in Development Economics

Table of Contents

1. Introduction and Overview 
2. Economic Consequences of Globalisation: The Australian Framework for Reforms 
3. Processing Trade, Trade Liberalisation, and Opening Up: China’s Miracle of International Trade 
4. The Economic Impact of Globalisation in Indonesia 
5. The Impact of Economic Globalisation on Firm Performance and the Labour Market: Evidence from Japan 
6. Globalisation and Economic Development: Malaysia’s Experience 
7. Economic Consequences of Globalisation: Case Study of Thailand 
8. The Economic Consequences of Globalisation in the United States 
9. Economic Consequences of Trade and Investment Liberalisation: The Case of Viet Nam