Development Strategies of Open Economies:Cases from Emerging East and Southeast Asia

Frank Hsiao and Mei-Chu Wang Hsiao
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Mei-Chu Wang Hsiao: University of Colorado, Denver, USA

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: In an open economy, basic development strategies include promoting foreign exports, attracting foreign direct investment, and stimulating economic growth. Using time-series and panel data analyses, the first part of this book studies the causality and significance of these three strategies, individually or collectively, empirically and theoretically, during the catch-up growth and development phases of emerging East and Southeast Asian economies.

Keywords: Development Strategies; Trade; FDI; Growth; Time Series; Panel Data; Causality Analysis; Policy Coordination; Economies; East Asia; Southeast Asia; Asia (search for similar items in EconPapers)
JEL-codes: C01 O11 (search for similar items in EconPapers)
Date: 2020
ISBN: 9789811205408
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Chapters in this book:

Ch 1 Introduction and Overview of Chapters , pp 1-20

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

Ch 2 Tests of Causality and Exogeneity between Exports and Economic Growth — The Case of Asian NICs , pp 23-38

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

Ch 3 The Chaotic Attractor of Foreign Direct Investment — Why China? A Panel Data Analysis , pp 39-79

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

Ch 4 FDI, Exports, and GDP in East and Southeast Asia — Panel Data versus Time-Series Causality Analyses , pp 81-129

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

Ch 5 Panel Causality Analysis on FDI–Exports–Economic Growth Nexus in First and Second Generation ANIEs , pp 131-151

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

Ch 6 The IT Revolution and Macroeconomic Volatility in Newly Developed Countries — On the Real and Financial Linkages , pp 153-193

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

Ch 7 The Impact of the US Economy on the Asia-Pacific Region — Does It Matter? , pp 197-229

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

Ch 8 Gains from Policy Coordination between Taiwan and the United States — On the Games Governments Play , pp 231-268

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

Ch 9 International Policy Coordination with a Dominant Player — The Cases of the United States, Japan, Taiwan, and Korea , pp 269-299

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

Ch 10 Epilog — The Global Economy, Economic Policy, and Development Strategies , pp 301-327

Hian Teck Hoon, Frank Hsiao and Mei-Chu Wang Hsiao

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