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In this article, the author argues that the 1970s and early 1980s mark the ascent of a new economic era characterized by the rise of services, the widespread diffusion of computerized technology, the emerging role of small firms, and increasing internationalization. Some implications of these changes for the location of economic activities are suggested. Policy directions are then highlighted, including the need to develop human resources, to develop the new technological infrastructure, to develop the new economic infrastructure of service firms, to promote the new world of work, and to help workers at risk.

From 2002, Cambodia underwent a visible economic transformation driven largely by such external factors as increased Chinese demand for primary commodities and a strong international demand for Cambodian garments. Apart from dramatic rates of economic growth, the boom involved the disappearance of forests and the decline of logging, the inflow of Chinese investment and the rise of indigenous capital, and the increased significance of remittances from garment workers and labour migrants. In addition, the impact of government policies on land registration and concessions transformed relations of production and, with them, the socio-economic and political environment in rural and urban Cambodia. Cambodia's Economic Transformation examines the political economy of the Cambodian boom, analysing the changing structure of the economy, the relationship between state and market, and outcomes for the poor. Not least, it focuses the role of the state in facilitating and controlling the market, and the way that this has affected the life chances of the poor. In so doing, it situates Cambodian experience within key debates in the wider political economy of Eastern Asia, scrutinizing the relationship between class formation, structures of governance and resource distribution. The analysis gives rise to a deeper understanding of the nature of the market as it has emerged in Cambodia over the past decade, and the prospects for how much the poor might be able to constrain tendencies towards a disproportionate accumulation of wealth by the Cambodian elite.

Now available in a fully-revised and updated third edition, this established textbook provides a penetrating and comprehensive analysis of the historical, institutional, and theoretical factors that have contributed to China's economic success. Includes coverage of China's foreign investments, trade with regional partners, Chinese human capital, and bureaucratic economic institutions Covers a diverse set of important issues, including environmental restraints, income distribution, rural poverty, the education system, healthcare, exchange rate policies, monetary policies, and financial regulation Accessibly written and intelligently organized to offer a straightforward guide to China's economic evolution Written by a lauded economist, researcher, and advisor to government officials in mainland China and Taiwan.

Overview of transition to a market economy; discusses macroeconomic stabilization, monetary policy, privatization and private sector development, foreign aid, and other issues.