Trends and Dynamics of East and Southeast Asian Economies

Miyohei Shinohara

Asian Development Review (ADR), 1985, vol. 03, issue 01, 54-78

Abstract: During the 1960s and 1970s, the developing countries in East and Southeast Asia maintained real economic growth rates that were among the highest in the world. An important feature of their economic performance was the contribution of their manufacturing sectors. Rapid expansion of manufactured exports paralleled the high growth rates of gross national product (GNP) in not only the faster growing Newly Industrializing Countries – the Republic of China, Hong Kong, Republic of Korea, and Singapore – but also in middle-income Southeast Asian countries – Malaysia, Philippines and Thailand. While there is, undoubtedly, a relationship between the rapid growth of manufactured exports and the relatively high economic growth rates in these countries, it is a complex one…

Date: 1985
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DOI: 10.1142/S0116110585000045

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