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The Middle-Income Trap: Issues for Members of the Association of Southeast Asian Nations
Tho, Tran Van - Asian Development Bank Institute, Asian Development Bank - 2013
The problem faced by many of the economies making up the Association of Southeast Asian Nations (ASEAN) is whether they can avoid the middle-income trap and advance to the high-income level. What is needed for them to avoid the middle-income trap? This paper attempts to answer this question by...
Persistent link: https://www.econbiz.de/10010840231
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Asia-Latin America Free Trade Agreements: An Instrument for Inter-Regional Liberalization and Integration?
Wignaraja, Ganeshan; Ramizo, Dorothea; Burmeister, Luca - Asian Development Bank Institute, Asian Development Bank - 2012
Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the … early 2000s. Using new criteria, this paper examines whether Asia-Latin America FTAs have facilitated market-led integration … by liberalizing trade and behind the border regulatory barriers. Overall Asia-Latin America FTAs provide the foundations …
Persistent link: https://www.econbiz.de/10010840220
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The Middle-Income Transition around the Globe: Characteristics of Graduation and Slowdown
Vandenberg, Paul; Poot, Lilibeth; Miyamoto, Jeffrey - Asian Development Bank Institute, Asian Development Bank - 2015
The paper investigates the situation of middle-income economies around the world. Since 1965, only 18 economies with a population of more than 3 million and not dependent on oil exports have made the transition to being high income. Many more have not been able to move beyond the middle-income...
Persistent link: https://www.econbiz.de/10011240249
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Industrial Upgrading and Global Recession: Evidence of Hard Disk Drive and Automotive Industries in Thailand
Kohpaiboon, Archanun; Poapongsakorn, Nipon - Asian Development Bank Institute, Asian Development Bank - 2011
This paper illustrates the upgrading experiences of the automotive and hard disk drive (HDD) industries in Thailand, chosen because of their outstanding export performance in the developing world. An understanding of their upgrading experiences can shed some light on the ongoing debate regarding...
Persistent link: https://www.econbiz.de/10009023366
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Understanding Foreign Direct Investment in East Asia
Thorbecke, Willem; Salike, Nimesh - Asian Development Bank Institute, Asian Development Bank - 2011
The authors recount East Asia’s experience with foreign direct investment (FDI). They document that, contrary to the …’s locational advantages, whether Asian FDI is footloose, and how the PRC has become the center of Factory Asia. Finally, they show …
Persistent link: https://www.econbiz.de/10009143689
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Can Asia Sustain an Export-Led Growth Strategy in the Aftermath of the Global Crisis? An Empirical Exploration
Razmi, Arslan; Hernandez, Gonzalo - Asian Development Bank Institute, Asian Development Bank - 2011
Many developing countries have attempted to pursue the East Asian growth model in recent decades. This model is widely perceived to have been based on export-led growth. Given that developed countries are likely to grow at a slower rate and be less willing to run trade deficits in the...
Persistent link: https://www.econbiz.de/10009364809
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Impact of the Global Economic Crisis on Taipei,China’s Industrial Structure and Firm Activity
Hou, Jack W. - Asian Development Bank Institute, Asian Development Bank - 2011
Given the dominance of small and medium-sized enterprises (SMEs) in Taipei,China (97.6% of business establishments, and 77.1% of employment), it is of vital importance to develop ways to aid SMEs in surviving the current global economic crisis. Indeed, the government can utilize this crisis to...
Persistent link: https://www.econbiz.de/10009365033
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Understanding the Pattern of Growth and Equity in the People’s Republic of China
Liu, Minquan - Asian Development Bank Institute, Asian Development Bank - 2011
There are likely to be many factors which have together shaped the current pattern of growth and equity in the People’s Republic of China (PRC). Among them are the foundations laid in the pre-1978 era, especially in respect of land-related institutional reforms and social sector investments....
Persistent link: https://www.econbiz.de/10009366463
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Channels of Interprovincial Consumption Risk Sharing in the People’s Republic of China
Du, Julan; He, Qing; Rui, Oliver M. - Asian Development Bank Institute, Asian Development Bank - 2011
This paper analyzes consumption risk sharing among provinces in the People’s Republic of China (PRC) during 1980–2007. The analysis finds that 9.4% of shocks to gross provincial product are smoothed by the interprovincial fiscal transfer system. This system also cushions a relatively large...
Persistent link: https://www.econbiz.de/10009393209
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The Five-Phases of Economic Development and Institutional Evolution in China and Japan
Aoki, Masahiko - Asian Development Bank Institute, Asian Development Bank - 2012
Based on the variable rate of gross domestic product per capita growth and its sources, this paper first identifies five phases of economic development that are common to China, Japan, and Korea: M (Malthusian), G (government-led), K (à la Kuznets), H (human capital based) and PD (post...
Persistent link: https://www.econbiz.de/10009393886