Some reflections on the state of development economics in Asia

Hal Hill and Sisira Jayasuriya

Departmental Working Papers from The Australian National University, Arndt-Corden Department of Economics

Abstract: This paper reviews some salient aspects of the state of development economics, from the early post-war pioneers through the major 1989 Survey by Nicholas Stern, to contemporary experiences and lessons. The latter is illustrated with references to five South and Southeast Asian countries. While the techniques of economic analysis have become ever more sophisticated and the data bases larger and richer, significant analytical puzzles remain. The central question of why some countries perform well and others indifferently is still imperfectly understood. Because many factors – economic, political, institutional, as well as random events – shape countries’ development trajectories, country economic forecasting over the medium to longer run continues to be as much art as science.

Keywords: development economics; history of economic thinking; Asia; Philippines; Cambodia; Sri Lanka; Thailand; Singapore (search for similar items in EconPapers)
JEL-codes: B20 N15 O53 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2020
New Economics Papers: this item is included in nep-his, nep-hpe and nep-sea
References: Add references at CitEc
Citations:

Downloads: (external link)
https://acde.crawford.anu.edu.au/sites/default/fil ... a_2020_13_2_6_20.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
Journal Article: Some reflections on the state of development economics in Asia (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pas:papers:2020-13

Access Statistics for this paper

More papers in Departmental Working Papers from The Australian National University, Arndt-Corden Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Prema-chandra Athukorala ().