The aim of this paper is to explain the divergent developmental outcomes between South Korea, Taiwan, and South Vietnam. Whilst US aid has correctly been cited as key factor in explaining the rapid post-war development of South Korea and Taiwan, the ultim

The primary objective of this paper is to precisely elaborate the links between trade and economic development and it explains in a very descriptive fashion how hufe investment in socio-economic activities will help economies to strengthen development process Applied Research Economies need...

U.S. agricultural exports rose slightly during the first 7 months of FY 1990, increasing 3 percent to $25.2 billion .... Record U.S. agricultural imports of $22 billion are forecast for FY 1990, $500 million above the February forecast of $21.5 billion .... Japan was the top market for U.S....

This paper assesses selected fiscal and competitiveness issues in the newly industrialised economies (NIEs) of Hong Kong, Singapore, (South) Korea and Taiwan since the Asian financial crisis. The NIEs have been globally competitive and successful in maintaining a high degree of fiscal discipline...

Since the 1950s, agricultural growth in East Asia (China, Mongolia, North Korea, South Korea, and Taiwan) has reduced rural poverty and created a strong base for economic development. To gain a better understanding of the nature of this growth, we examine the sources of change in agricultural...

Over the past few decades, manufacturing production has shifted from the higher to the lower income economies in east Asia. This article uses input-output analysis to explore how total value added in manufacturing has shifted around the region. It finds that for most economies, the domestic...

From the perspective of the intertemporal balance model, we investigate how capital mobility affects the current account for six developing countries from the mid-1970s to the end of 1999. We find that after 1989, when capital liberalisation became prevalent, the causal relationship from the...