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Globalisation and the Asia-Pacific Revival

Arne Bigsten ()

No 118, Working Papers in Economics from University of Gothenburg, Department of Economics

Abstract: This paper reviews evidence on the evolution of international economic integration of Asia-Pacific countries, and discusses the extent to which this explains their recent growth success. It starts with a review of some theoretical arguments in the growth and globalisation debate, which is followed by a presentation of facts about Asia-Pacific international economic integration and growth relative to other regions of the world. Then we discuss the causes of the growth acceleration in the Asia-Pacific region and reflect on the relationships between policy reforms, openness, and per capita income growth. Finally, we draw some tentative conclusions about future growth in the region.

Keywords: Asia-Pacific; growth; globalisation (search for similar items in EconPapers)
JEL-codes: O10 O50 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2003-11-30
New Economics Papers: this item is included in nep-dev and nep-sea
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Published in World Economics, 2004.

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:gunwpe:0118

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