Takashi Shiraishi - Emerging States and Economies: Their Origins, Drivers, and Challenges Ahead (Emerging-Economy State and International Policy Studies)

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Since the turn of the twenty-first century, we have seen the emergence of new economic powers on an unprecedented scale and the concomitant rise of some states in regional and/or global affairs. Most of the emerging-economy states are still in the middle-income status. They are neither immune from middle-income trap nor status quoists as advanced industrialized democracies. Their future is full of uncertainties, both political and economic. Yet their rise is as significant a development as the rise of the West in the nineteenth century and will have enormous bearings on world affairs.

It is with this question in mind that we have assembled a group of economists, political scientists and historians and organized a joint research project. We have asked three sets of questions: what challenges the emerging states and economies face and how they are trying to meet them, what their long-term historical trajectories are, both political and economic, in modern times, and what lessons we learn from their rise for state building and economic development.

More than 50 academics, affiliated with universities or government think-tanks, have joined the group: economists who have been working on developing and emerging economies, political scientists who have examined developmentalist regimes and democratization in the non-Western world, and historians who have studied state formation and economic history in global and regional comparative perspectives. The four-volume