 Export-Led Growth in East Asia: Lessons for Europe's Transition EconomiesNo 142, EIJS Working Paper Series from Stockholm School of Economics, The European Institute of Japanese Studies Abstract: The focus of the economic policy debate in most of Europe’s transition economies has shifted from stabilization and recovery to growth and convergence during the last few years. This paper summarizes some of the growth experiences of East Asia, and discusses some lessons for Europe’s transition economies. The relevant lessons from Asia focus on the importance of sound macroeconomic policies and an outward oriented trade regime, and highlight the need for public support for the development of trade infrastructure, including institutions for export financing, insurance, market research, and technology transfer. The Asian experiences also suggest that there is reason to be cautious regarding the objective to fix nominal exchange rates during periods of high growth. Keywords: growth; export promotion; transition; EU accession (search for similar items in EconPapers) Published in Emerging Multiplicity – Integration and Responsiveness in Asian Business Development, Söderman, S. (eds.), 2006, pages 33-52, Palgrave Macmillan, Basingstoke. There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hhs:eijswp:0142 Access Statistics for this paper More papers in EIJS Working Paper Series from Stockholm School of Economics, The European Institute of Japanese Studies The European Institute of Japanese Studies, Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden. Contact information at EDIRC. |
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