The Role of Foreign Investment in the Economic Growth of the Asian and Pacific Region

Roy J. Ruffin

Asian Development Review (ADR), 1993, vol. 11, issue 01, 1-23

Abstract: Among both developing and developed countries, Asian countries are the “superstars†of economic growth. Using the best available measures, one study found that “Asian†countries (including Japan and the Middle East) produced 25 per cent of world output in 1960 and a remarkable 36 per cent of world output in 1988. Thus, this group of countries now produces a larger fraction of world output than any other group, such as North America or Europe. But what is more remarkable is that the developing countries in Asia and the Pacific produced 25 per cent of world output in 1988—the same as the United States. Updating these statistics to 1991 would result in a U.S. share of about 23 per cent while developing Asia’s share would be about 27 per cent…

Date: 1993
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0116110593000016
Open Access

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:wsi:adrxxx:v:11:y:1993:i:01:n:s0116110593000016

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0116110593000016

Access Statistics for this article

Asian Development Review (ADR) is currently edited by Tetsushi Sonobe

More articles in Asian Development Review (ADR) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().