During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.
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Edited by Beatriz Carrillo, Johanna Hood and Paul Kadetz
The Handbook is a timely compilation dedicated to exploring a rare diversity of perspectives and content on the development, successes, reforms and challenges within China’s contemporary welfare system. It showcases an extensive introduction and 20 original chapters by leading and emerging area specialists who explore a century of welfare provision from the Nationalist era, up to and concentrating on economic reform and marketisation (1978 to the present). Organised around five key concerns (social security and welfare; emerging issues and actors; gaps; future challenges) chapters draw on original case-based research from diverse disciplines and perspectives, engage existing literature and further key debates.
Challenges Facing the People’s Republic of China
Edited by Juhzon Zhuang, Paul Vandenberg and Yiping Huang
The growth model of the People’s Republic of China has been based on high investments, exports, low-cost advantage, and government interventions. This model has successfully transformed the country from a low-income to an upper middle-income economy. However, the model has generated contradictions that could undermine future growth. Making the transition to high income requires greater reliance on efficiency and productivity improvement, innovation, and market competition. This book examines the challenges faced by the People’s Republic of China in sustaining robust growth, and policy options for making a successful transition to a high-income economy to avoid getting caught in the middle-income trap.
Edited by Misa Izuhara
Dramatic socio-economic transformations over the last two decades have brought social policy and social welfare issues to prominence in many East Asian societies. Since the 1990s and in response to national as well as global pressure, there have been substantial developments and reforms in social policy in the region but the development paths have been uneven. Until recently, comparative analysis of East Asian social policy tends to have focused on the established welfare state of Japan and the emerging welfare regimes of four ‘Tiger Economies’. Much of the recent debate indeed preceded China’s re-emergence onto the world economy. In this context, this Handbook brings China more fully into the contemporary social policy debates in East Asia. Organised around five themes from welfare state developments, to theories and methodologies, to current social policy issues, the Handbook presents original research from leading specialists in the fields, and provides a fresh and updated perspective to the study of social policy.
Edited by Donghyun Park, Sang-Hyop Lee and Andrew Mason
First, the expert contributors argue, Asia must find ways to sustain rapid economic growth in the face of less favorable demographics, which implies slower growth of the workforce. Second, they contend, Asia must find ways to deliver affordable, adequate, and sustainable old-age economic security for its growing elderly population. Underpinned by rigorous analysis, a wide range of concrete policy options for sustaining economic growth while delivering economic security for the elderly are then presented. These include Asia-wide policy options – relevant to the entire region – such as building up strong national pension systems, while other policy options are more relevant to sub-groups of countries.
Rural–Urban Migration in China and Indonesia
Edited by Xin Meng, Chris Manning, Li Shi and Tadjuddin Nur Effendi
This fascinating study compares and contrasts the immense internal migration movements in China and Indonesia. Over the next two decades, approximately two-thirds of the rural labour force is expected to migrate, transforming their respective societies from primarily rural to urban based.