ECF5420

Economic policy in Asia ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Dr Russell Smyth

Offered:
Not offered in 2005.

Synopsis: The rapidly growing Asian economies have seen an accelerated privatisation and a new role for governments as regulators rather than entrepreneurs. The calculations behind these changes, the interface between public and private sectors, and the emerging economic priorities are analysed. Foreign governments and firms have underestimated the ongoing power of the state. We assess how far public sector reforms and priorities in China, Indonesia, India, Japan and Korea have actually shifted the burden of economic decision-making to the private sector.

Assessment: Written (4000-word research report): 40% + Tutorial presentation: 10% + Examination (3 hours): 50%

Contact Hours: 3 hours per week

Prerequisites: Completion of four of the 4000 level units in the Master of Applied Economics