Purpose of Research
In order to contribute to establishing emerging-state studies as a new scholarly field, we specify the following two issues as major research topics: (1) why have certain developing countries successfully grown to be emerging states? (2) which are the major challenges the emerging states face in their steps to be advanced developed countries?
Regarding the first topic, a great deal of research has been done on economic development of East Asia before the AFC. We will therefore focus on mechanisms for economic recovery and growth after the crisis. At the same time, we will compare examples from outside East Asia—Brazil, India, and the Republic of South Africa among others—to clarify common and diverse features of the emerging states. The basic research questions will be how the political stability as the basis of economic development has been achieved in these countries and why the government’s involvement in the market has not deteriorated economic efficiency to the extent that their export competitiveness is lost.
Regarding the second topic, we will look at the following issues commonly observed in emerging states: (i) How to graduate from the stage of simply applying foreign technologies and enhance technological innovation capabilities; (ii) How to correct disparities between urban and rural areas and among different industries; (iii) How to respond to increasing demands for social security and better working conditions. This sort of problems emerges in any country that experiences a rapid economic development and must be resolved through the coordination of various socioeconomic interests. To analyze them, we will adopt the political economy approach and examine how the coordination between investment and consumption is made and how costs and benefits are being redistributed among the population in the increasingly democratic political environement.