A long-term assessment of Asia's share of global GDP suggests that Asia has now almost reclaimed the role in the global economy it occupied in 1820. By focusing on the experience of key economies in Asia, this paper assesses why the continent's role weakened between 1820 and 1950 and...

This paper explores the question whether and to what extent the economic relations between the Netherlands and its former colony Indonesia could be crucial to explaining `metropolitan' economic development and `peripheral' underdevelopment. It first surveys the literature on economic...

Indonesia experienced growing shortfalls of food supplies during the 1950s and during the 1960s and 1970s it imported increasing amounts of rice, wheat and wheat flour. This paper investigates the role of food aid in this development. In the 1950s,Indonesia received some US PL480 food aid under...

Australia’s relationship with Indonesia became strained after Indonesia’s declaration in 1963 of confrontation’ (konfrontasi) with Malaysia. During 1964-65, Australia was engaged in a covert war against Indonesia, but it continued to give aid to the country. This ambiguity in Australian...

This paper initiates discussion about the contribution of Total Factor Productivity (TFP) growth to Indonesia’s long-term economic growth. It presents new time series estimates of GDP, capital stock and education-adjusted employment, and offers a growth accounting approach that estimates the...

Rice long dominated the agricultural economies of South-East Asia. Given the economic predominance of agriculture, the development of rice production had a significant bearing on the economies in the region. This article explains why the countries of mainland South-East Asia long dominated the...

This article presents long-term estimates of gross fixed capital formation, disaggregated by category of productive assets, for the period 1951-2008. These data, combined with approximations of probable average asset lives and a plausible asset retirement procedure, are used in a perpetual...