The Global Recession: Its Impact in Asia and the Pacific

Ian Shirley

Local Economy, 2009, vol. 24, issue 3, 254-261

Abstract: The relationship between local economic development and the global economy is a dynamic process that differs in space and time and from country to country. Nowhere are these differences more evident than within the Asian and Pacific region—a region of contrasts. It is a region that contains nine of the so called ‘least developed’ countries and more than 50 per cent of the world's poor. It hosts Japan, which emerged as a major economic power in the 1960s and 1970s, to be followed a short time later by the ‘tiger’ economies of South Korea, Hong Kong, Taiwan and Singapore. More recently, the region's development has been dominated by the emerging global powers of China, India and Brazil. The contrasting characteristics and performance of these nations becomes even more graphic when the focus centres on the metropolitan cities of the region, including Mumbai, Shanghai, Apia, Melbourne, Kuala Lumpur, Santiago and Auckland (Shirley, 2008).

Date: 2009
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1080/02690940902895653 (text/html)

Related works:
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:sae:loceco:v:24:y:2009:i:3:p:254-261

DOI: 10.1080/02690940902895653

Access Statistics for this article

More articles in Local Economy from London South Bank University
Bibliographic data for series maintained by SAGE Publications ().