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Openness and growth in East Asia after the Asian crisis

Lloyd, P. J. - ; MacLaren, Donald - ;

Openness with respect to trade in goods, services and foreign direct investment has a positive marginal effect on growth. The fast-growing East Asian economies were early openers, and this contributed to their fast growth. However, East Asian countries are not relatively open today. This factor, together with the convergence effect of fast growth in the past, imply that their economies will slow down. Their growth prospects are further reduced by growing geographic discrimination against their goods and services in world markets, and the slow down of the Japanese economy.


Ketersediaan

Call NumberLocationAvailable
JAE1101PSB lt.dasar - Pascasarjana1
PenerbitNew York: Elsevier North Holland 2000
EdisiVol. 11, No. 1, Spring., 2000
SubjekEconomic growth
Asian crisis
East Asian economies
World markets
ISBN/ISSN1049-0078
KlasifikasiNONE
Deskripsi Fisik17 p.
Info Detail SpesifikJournal of Asian Economics
Other Version/RelatedTidak tersedia versi lain
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  • Openness and growth in East Asia after the Asian crisis

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