scholarly journals Honouring Parvez Hasan

2011 ◽  
Vol 50 (4I) ◽  
pp. 305-306
Author(s):  
Rashid Amjad

It is indeed a privilege for me to join Dr Naved Hamid in paying tribute to Dr Parvez Hasan, an outstanding economist recognised for his work on development economics, on the economy of Pakistan, and the East Asian economies. The Pakistan Society of Development Economists honours him today for his contribution to. economics, to the development of the Pakistan economy and to the economic profession in Pakistan. Dr Naved Hamid has recalled Dr Parvez Hasan illustrious career. In my tribute to Dr Parvez Hasan I want to put his life and career in the broader context of the times he lived in and the important institutions in which he served and their development to which he contributed. To me the life of Dr Parvez Hasan, as so wonderfully captured in his recently published autobiography, "My Life My Country-Memoirs of a Pakistani Economist", is a story which covers not only the creation and early years of Pakistan's independence but is the story of its nascent years and the rise of the profession of economists in Pakistan. It is also the story of three remarkable economists, whose lives and careers were closely intertwined and of three great institutions which were to playa pioneering role in the economic development of Pakistan as well as in laying the foundation of serious analytical and applied research on emerging economic issues confronting the country.

2002 ◽  
Vol 18 (4) ◽  
pp. 330-353 ◽  
Author(s):  
Jong H. Park

This paper examines the debate on the East Asian model of economic development in light of the different approaches undertaken by different groups of countries (economies) in Northeast Asia and Southeast Asia. The common strengths and weaknesses shared by the East Asian countries (economies) have helped to reinforce the misconception that there is a single East Asian model of economic development. There are, however, significant differences in economic structures as well as development experiences among the East Asian economies, especially between the economic development paradigms of Southeast Asia and Northeast Asia. Nonetheless, one single common thread underlies the differences in development strategies and experiences among the East Asian economies—the role of the government. The governments of East Asia have recognized the limitations of markets (or market failures) in the allocation of scarce resources in the economy, and have used government interventions to promote economic development. The recent Asian crisis hardly signifies the end of the so-called East Asian model of economic development.


2018 ◽  
Vol 3 (2) ◽  
pp. 17
Author(s):  
Lap-Kwong Ko ◽  
May Tsang ◽  
Tanzy Tang

This study is concerned with the organizational characteristics of Hong Kong’s manufacturing firms, the business and technology strategies they adopt. Before turning to those issues, it is useful to set the study in its broad setting, which is East Asian economic development. The purpose of this paper is to set out that broad setting, focusing on the explanations put forward for Hong Kong and East Asia’s economic success. Particular attention is paid to the role of technology in economic development, to the technology policies adopted by governments and to the means by which East Asian firms have developed their technological capabilities. The paper also shows that Hong Kong Special Administrative Government (HKSAR) has taken a different route to development than other East Asian economies, which may have implications for its great change in policies to support R&D through the Research and Development Cash Rebate Scheme. Under the scheme, a company will receive a cash rebate equivalent to 40% of its expenditure in R&D Projects.


1985 ◽  
Vol 24 (3-4) ◽  
pp. 735-744
Author(s):  
Secretary's Report

Aims and Objectives The Society, based in the Pakistan Institute of Development Economics is registered under the Societies Registration Act, 1860. This registration ensures that the society maintains its autonomy and grows in its own right. It is a unique institution. It is an autonomous body with a constitution and bye-laws that govern its functioning. Its decisions are taken independently without any interference from any quarter but with active consultation among its members. The Society is not a trade union of development economists. ]t only provides an academic forum for contact between economists associated with the Institute and those outside the Institute. The Society aims at achieving professional excellence and at the creation and dissemination of knowledge in the field of development economics. According to its charter, the Society encourages perfect freedom of economic discussion. The Society does not take any partisan attitude nor commits itself to any position on practical economic issues.


2002 ◽  
Vol 20 (1) ◽  
pp. 23-41
Author(s):  
Tony Fu-Lai Yu

Abstract By emphasizing uncertainty, this paper highlights two important roles of government in the economic development of the Asian Newly Industrializing Economies, namely, coordination and entrepreneurship. Coordination can be achieved by adopting policies that reduce market uncertainty, facilitate investment decision, social learning and diffusion of technologies from overseas. Entrepreneurship refers to the ability of a state to be alert to change, identify global opportunities, and define productivity and competitiveness of an economy. The Austrian notions of entrepreneurship and coordination thus enter the study of the public sector to re-interpret the role played by government in the economic development of the East Asian economies.


Author(s):  
Christopher Cullen

We look first at the situation in the early years of the restored Han dynasty. Liu Xin’s system continued in use for more than half a century. Then, in 85 CE, Liu Xin’s system was replaced. We have records of the practical and theoretical grounds on which the old system was rejected, and of the creation and implementation of a new system. Next we follow the story of how c. 92 CE Jia Kui advocated a fundamental innovation in both theory and practice: he insisted on the ecliptic as being central to astronomical observation and calculation. The richness of records from this period makes it easy to tell a detailed story of technical innovation in its fullest context, leading up to the work of Zhang Heng (78–139 CE), for whom astronomical calculation was just one of several fields in which he gained a reputation for exceptional originality.


Author(s):  
Alex J. Bellamy

This chapter shows how regional multilateralism contributed to the decline in mass atrocities. It proceeds in three main parts. First, it charts the rise of East Asian multilateralism and shows how the “ASEAN way” developed and was gradually exported to the rest of the region giving rise to both common rules and informal practices that have helped facilitate the decline of mass atrocities by promoting state consolidation and economic development whilst managing disputes between states. The second part of the chapter examines some of these norms and practices in more detail, showing how regional multilateralism has contributed to the decline of mass atrocities through normative socialization and conflict management. The final section turns to some of the perceived limits of multilateralism, focusing in particular on the incapacity of the region’s supranational institutions, the absence of shared identities, and the region’s inability to resolve protracted disputes.


SAGE Open ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 215824402110223
Author(s):  
Jahanzaib Haider ◽  
Abdul Qayyum ◽  
Zalina Zainudin

This study analyzes the leverage policies of the family and non-family firms of eight East Asian Economies (Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, and Taiwan) by using combined data of 690 family and non-family firms with 3,224 firm–years over the period 2006–2010. This study has used an ordinary least squares (OLS) regression for analyzing the data for the first question, while for the second question, logit regression has been used as the dependent variable (a binary variable). Prior research on family and non-family firms has revealed that family firms issue less (high) debt than non-family firms. Our analysis on a sample of East Asian Economies discloses that family firms have significantly different leverage levels than non-family firms, but their signs are not consistent. On the contrary, when the owner works as CEO/Chairman or member of the Board of Directors, then the family firms issue less debt than the non-family firms. Besides that, this study adds a new question that has not been addressed in the prior studies. The new question has focused on the speed of leverage adjustment. It is found that family firms and non-family firms regarding their debt maturity structure (short-term debt and long-term debt), the speed of leverage adjustments, and their decision to issue securities (i.e., debt vs. equity) are not significantly different. This study concluded that though family firms have a strong influence on each economy, but in South-East Asian countries, leverage policies of the family firms are not much different than that of non-family firms.


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