The Macroeconomics of East Asian Growth

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Kamal Nath

"In a short time, India has proven itself a major economic power, generating billions for its citizens and for the international community. How did India become a global market mover? And just as important, how can the Western world tap into the vast resources of commerce that India has, mine its phenomenal growth potential in a wide array of industries, and create a profitable relationship with the world's largest democracy?" "Few authors are as qualified to answer those questions as Kamal Nath. Known at home and throughout the world as the face of twenty-first century India, as well as a major architect of India's reform, Mr. Nath has spent his entire professional life within the corridors of power, helping to shape the policies that have catapulted his nation to world prominence." "In India's Century, Mr. Nath goes beyond the "flat-world" view to reveal the roots of the Indian economic miracle. With a compelling blend of economic analysis, political insight, and cultural observation, he traces his nation's emergence from colonial rule in 1947 through four decades of planned economies, the gradual liberalization of India's economy in the 1990s, and finally, the rise of the Indian global giant." "India's Century is must reading for business strategists, public policy makers, and every thoughtful reader who wishes to understand more about the world's largest, most vibrant democracy and the role it is likely to play on the global stage in the years ahead."--Jacket.

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Wong Kwok-Chu

"This is a first book on an elusive subject that many scholars had thought almost impossible to do: an analytical business history of the Chinese in a Southeast Asian country. It critically examines the key elements of the entrepreneurial roles of the Philippine Chinese in the local economy during 1898-1941, and analyzes their business achievements and limitations at both the community and individual levels."--BOOK JACKET.

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Marjorie Grice-Hutchinson

"Early Economic Thought in Spain was published in 1978, and in her Foreword the author mentions that the discussion of long-term inflation in Spain from the sixteenth to the eighteenth centuries ought to be of interest since "we live in a time of inflation". The book can also be read as a history of Spanish responses to the decline of empire. At a number of points the author indicates that her study can be understood as a supplement to Joseph Schumpeter's History of Economic Analysis (1954). The chief contribution of this book is a review and summary of the development of economic thinking from the earliest days until about 1740 in one of the most important countries of Europe. Despite, or maybe because, Spain was in decline much of the last two centuries of this period, we are provided, as it were, with a ring-side seat for watching intellectuals come to terms with the forces behind such decline. Some of it, such as inflation, debt-financing, military over-extension, mercantilist protectionism, the preference of elites for their own economic benefit at the expense of the state, and more, will be familiar to readers who are familiar with the economic history of the last hundred years. If the distant mirror of history can help us avoid repeating the mistakes of the past, here is one place to find it. This book is dedicated to the memory of Leonard Liggio (1933-2014)"--

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Robert Lekachman & Borin Van Loon

An introduction to the Western economic system considers investment, business cycles, the free market, recession, and the energy crisis and looks at the theories of Smith, Keynes, and Marx.