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The East Asian High-Tech Drive

Editor

Listed:
  • Yun-Peng Chu
  • Hal Hill

Abstract

East Asia has been an area of high economic growth for several decades. The East Asian High-Tech Drive argues that to maintain the growth momentum, the more advanced East Asian economies need to pay particular attention to policies designed to upgrade their industrial capabilities. The authors argue that effectively functioning institutions, predictable commercial policies, investments in human capital and infrastructure, openness and macroeconomic stability are essential for growth and technological development. Regarding the two lower income economies in the sample, Indonesia is found to have the smallest improvement in the skill intensity of its exports, while the Philippines has registered the slowest economic growth. For both countries, industrial upgrading issues are not as imperative as achieving or regaining rapid, labour-intensive growth as both recently experienced major political instabilities.

Suggested Citation

  • Yun-Peng Chu & Hal Hill (ed.), 2006. "The East Asian High-Tech Drive," Books, Edward Elgar Publishing, number 4015.
  • Handle: RePEc:elg:eebook:4015
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    File URL: http://www.e-elgar.com/shop/isbn/9781845426187
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    Citations

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    Cited by:

    1. Coxhead, Ian A. & Li, Muqun, 2008. "Prospects for Skills-Based Export Growth in a Labour-Abundant, Resource-Rich Economy: Indonesia in Comparative Perspective," Staff Papers 92201, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    2. Seema Bathla & Alwin D’souza, 2015. "Inter-sectoral Productivity Differentials in India," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 16(1), pages 82-102, March.

    More about this item

    Keywords

    Asian Studies; Development Studies; Economics and Finance; Innovations and Technology;
    All these keywords.

    JEL classification:

    • Z0 - Other Special Topics - - General

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