This paper argues that the single most important factor that explains East Asia's development success was its fast … the “engine of growth.” It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 2 of the paper reviews the role of Asia's developmental states in consciously …

This paper argues that the single most important factor that explains East Asia's development success was its fast … as the “engine of growth.” It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …

Asian economies and between Asia and the rest of the world. It pays special attention to the value-added relationships among … than the direct linkages. Finally, there is an increased tendency in Asia for both “near selling” of the value added in …

The pullbacks of capital inflows to developing Asia following the onset of the global financial crisis in 2008 have … brought renewed attention to the role and benefits of financial globalization. A number of notable distinctions between the …

conclusion is that a number of countries in developing Asia have significantly improved their basic infrastructure endowments in …

commonality through return and volatility. Cross-market liquidity commonality in Asia increased significantly during and after the …

While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … Asia's growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia's medium- and long-term growth. The overarching implication for policy makers is that supply …

of developing Asia, compared to the world average. The findings from panel instrumental variable regression confirm … of developing Asia, where this effect appears to be strongest. By contrast, domestic trade potential represented by … country size is found to be less relevant a factor in explaining the rise in income of developing Asia. In light of a likely …