Europe and Asia: An Assessment of 20 More Years of Growth

Dominique van der Mensbrugghe ()

Chapter 8 in Global Trade and European Workers, 1999, pp 167-198 from Palgrave Macmillan

Abstract: Abstract Many countries in Asia have seen remarkable growth in the last 25 years, starting with Japan in the 1950s and 1960s, followed by the first wave of Asian tigers — South Korea, Chinese Taipei, Hong Kong and Singapore — and then the second wave — Thailand, Malaysia, the Philippines and Indonesia. Perhaps more stunningly has been the evolution and success of China which has transformed its economy from almost virtual autarky and a highly regulated economy to an increasingly open and very dynamic economy. The success of the so-called ‘Asian model’ is catching on in the rest of Asia — notably in India and Bangladesh — accompanied by the introduction of outward-looking policies, deregulation, privatisation and financial market reforms.

Keywords: Real Exchange Rate; Capital Good; Linkage Model; Market Exchange Rate; Aggregate Region (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-1-349-27035-4_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349270354

DOI: 10.1007/978-1-349-27035-4_8

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().