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estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in potential … ASEAN countries has been rather stable and might even have increased marginally, with the notable exception of Vietnam …
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the late 1990s. The paper concludes that for ASEAN middle-income countries (Indonesia, Malaysia, the Philippines, and … Thailand) to avoid the trap, they should strengthen research and development capability, emphasize the quality and …
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