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This book provides a much-needed review of Asia's economic growth
and its challenges in the context of post-war industrialization. In
the early 1990s, the World Bank (1993) recognized eight
high-performing Asian economies (HPAEs) (Japan, the Asian tigers,
Indonesia, Malaysia and Thailand) and named them the 'Asian
economic miracle'. In the recent past, the term 'emerging
economies' has been widely used to refer to the high-growth
economies, and includes China, India, Mongolia and Vietnam. In this
rush towards high growth, the adverse effects of industrialization
are widespread, but were unnoticed. The major challenge is to bring
together a comprehensive picture of Asia's growth, taking into
account the adverse consequences. Finally, this book examines two
challenges for the future of Asia's development: the global
financial crisis and urban poverty and inequality.
This book focuses on strategies to achieve economic diversification
in Asian landlocked countries. It does so by analysing the impact
of the Dutch disease, non-resource firm heterogeneity, trade
logistics operations, trade facilitation, aid for trade, small and
medium-sized enterprises, and foreign direct investment. Offering a
wide range of expert views and opinions, research findings,
information and data, the book will be of value to policy makers
and students of trade and development economics.
This book provides a much-needed review of Asia's economic growth
and its challenges in the context of post-war industrialization. In
the early 1990s, the World Bank (1993) recognized eight
high-performing Asian economies (HPAEs) (Japan, the Asian tigers,
Indonesia, Malaysia and Thailand) and named them the 'Asian
economic miracle'. In the recent past, the term 'emerging
economies' has been widely used to refer to the high-growth
economies, and includes China, India, Mongolia and Vietnam. In this
rush towards high growth, the adverse effects of industrialization
are widespread, but were unnoticed. The major challenge is to bring
together a comprehensive picture of Asia's growth, taking into
account the adverse consequences. Finally, this book examines two
challenges for the future of Asia's development: the global
financial crisis and urban poverty and inequality.
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