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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.
Call Number | Location | Available |
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JAE1101 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | New York: Elsevier North Holland 2000 |
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Edisi | Vol. 11, No. 1, Spring., 2000 |
Subjek | Economic growth Asian crisis East Asian economies World markets |
ISBN/ISSN | 1049-0078 |
Klasifikasi | NONE |
Deskripsi Fisik | 17 p. |
Info Detail Spesifik | Journal of Asian Economics |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas |