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 …

Using a growth accounting framework, we find that developing Asia grew rapidly over the past 3 decades mainly due to … the convergence phenomenon. By expanding at robust rates, developing Asia will account for close to two thirds of the …

regions (Asia versus non-Asia) and with varying income levels. It uses a panel of 45 economies over the period 1995-2007. The …

economies in Asia and the Pacific region. Special attention is paid to 11 economies — Armenia, Bangladesh, Cambodia, India …

developing Asia. In our empirical analysis, we use disaggregated measures of governance to capture different dimensions of … effectiveness with which these resources are spent on social sectors. Along with the fact that governance quality is lower in Asia … developing Asia …