This book focuses on the tremendous shift in both economic growth and development progress taking place towards the Asia-Pacific Region. Each of the countries in the region has various concerns and challenges for its sustainable development, a common goal most of them are trying to achieve at the moment. Interestingly, sustainable development in the region may be critical for achieving sustainable development at the global level as well. With a limited mandate, the book covers some specific developmental issues of 'the hot spots' of APR that are regarded to be contributing to their sustainable development. The book also looks at the formation and strengthening of some economic and financial initiatives with the potentials to affect growth and influence economic cooperation and integration of the countries in the region.

Autorentext

Arindam Banik is the Director and Professor of International Finance and Business at the International Management Institute, Kolkata, India.

Munim K. Barai is Professor of Finance at Ritsumeikan Asia Pacific University, Japan. He holds a Ph.D. Degree from the Delhi School of Economics, India. He is a Fulbright Scholar.

Yasushi Sazuki is Professor of Finance, Ritsumeikan Asia Pacific University, Japan. He holds a Ph.D. Degree from the University of London.

Inhalt

1. Introduction.- 2. China's "New Normal": Explaining China's Economic Development from Institutional and Marxian Perspectives.- 3. A Opening Up and Unbalanced Development in the Chinese Regions: Theoretical Thinking and Some Empirical Evidence.- 4. The Belt and Road Initiative and Economic Integration.- 5. Is India Key to Asian Financial Integration?.- 6. A Sustainable Business Models: Experiences from Indian Micro Enterprises.- 7. Creation of Shared Values by Indian Enterprises.- 8. The Two Asian Growth Paths of Prosperity and Stagnation: India and Japan.- 9. India-Japan Cultural Distance on the Mottainai Ethics.- 10. Economic Interdependence of Japan and China: An Understanding.- 11. The Korean Economy: Creating Space between China and Japan.- 12. Economic Growth as a Cause of Environmental Degradation: The Australian Experience.- 13. Republic of China's (Taiwan) Control Yuan As a Participant in Anti-Corruption an d Integrity-Building Initiatives.- 14. Real Exchange Rate, Trade Balance and Deindustrialization in Indonesia.- 15 Some Emerging Trends in the Pacification of Asia.- 16 Asian Infrastructure Investment Bank :Role and Implications for Emerging Asian Economies.- 17. Conclusions.