Asian development after the Asian Drama

Richard Kozul-Wright and Daniel Poon

No wp-2018-135, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Inspired by Gunnar Myrdal's core concepts discussed in his seminal work, Asian Drama: An Inquiry into the Poverty of Nations , published in 1968, this paper analyses the opening-up experiences of three Asian countries (China, India, and Malaysia) by triangulating between the following: (i) the orientation of selected policy tools in trade, technology, investment, and finance in shaping a country's degree of economic openness; (ii) the rational coordination of operational controls of these policy tools to achieve stated objectives; and (iii) the overall development trends observed i

Keywords: Operational controls; Strategic integration; Industrialization; Capabilities; Gunnar Myrdal (search for similar items in EconPapers)
Date: 2018
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