A journey through the secret history of the Flying Geese Model
Kumagai Satoru
No 158, IDE Discussion Papers from Institute of Developing Economies, Japan External Trade Organization(JETRO)
Abstract:
Economic development in East Asia is characterized by the sequential "take-off" of member countries. This multi-tiered economic development in East Asia is often termed the “Flying Geese” pattern of economic development. However, some authors argue that the traditional Flying Geese pattern is not applicable to some industries such as electronics. Here, Japan may no longer be the sole "leading goose", with "followers" such as China (now producing cutting-edge products) having "caught-up". Does this mean that the Flying Geese Model has become "obsolete" in the 21st century? The main objective of this paper is to clarify the two concepts of Flying Geese which now seem confused: (1) application of the pattern of economic development in one specific country, and (2) application of the pattern of economic development to multiple countries in sequence. This paper provides validity checks of Flying Geese Models after differentiating these two concepts more clearly
Keywords: East Asia; Southeast Asia; Economic development; Development theory; Flying Geese Model; 東アジア; 東南アジア; 経済発展; 開発論; 雁行型経済発展論 (search for similar items in EconPapers)
JEL-codes: F02 F19 N75 O10 (search for similar items in EconPapers)
Date: 2008-06-01
New Economics Papers: this item is included in nep-his and nep-sea
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Citations: View citations in EconPapers (4)
Published in IDE Discussion Paper = IDE Discussion Paper, No. 158. 2008-06-01
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