Assessing China's Impact on Poverty in the Greater Mekong Subregion

Download or read book Assessing China's Impact on Poverty in the Greater Mekong Subregion written by Hossein Jalilian and published by Institute of Southeast Asian Studies. This book was released on 2013-09-26 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the dawn of the industrial revolution, and the ushering in of an era of global economic relations, the United States and Europe have been the core poles of economic power. However, China along with India are increasingly challenging the traditional economic hegemony. An issue of great importance is how this shift in the global economic balance of power will affect developing economies and the transition economies of the Greater Mekong Subregion (GMS), which are located in China's backyard and deeply integrated into its economy through regional supply chains. This volume examines the relationship between transition economies and the rise of China through presenting empirical case studies from the GMS. In doing so, it offers insights into the effect of China on developing countries in general, and offers practical policy directions for the place-specific economies of the GMS.