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Asia's Labour-Driven Economic Development, Flying-Geese Style: An Unprecedented Opportunity for the Poor to Rise?

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  • Terutomo Ozawa

Abstract

The notion of 'shared growth' was introduced by the World Bank in recognition of East Asia's rapid growth accompanied by poverty reduction. It emphasizes the criticality of pro-poor policies and institutional setups in the fast-developing East Asian economies. The efforts of these individual countries are, however, a necessary but not sufficient condition (explanation). There is a more essential, underlying region-wide mechanism that simultaneously promotes regionalized growth and specifically favours Asia's working mass of unskilled labour.

Suggested Citation

  • Terutomo Ozawa, 2006. "Asia's Labour-Driven Economic Development, Flying-Geese Style: An Unprecedented Opportunity for the Poor to Rise?," WIDER Working Paper Series RP2006-59, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2006-59
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2006-59.pdf
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    References listed on IDEAS

    as
    1. Ozawa, Terutomo, 2003. "Pax Americana-led macro-clustering and flying-geese-style catch-up in East Asia: mechanisms of regionalized endogenous growth," Journal of Asian Economics, Elsevier, vol. 13(6), pages 699-713, January.
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    5. Jagdish Bhagwati, 1958. "Immiserizing Growth: A Geometrical Note," Review of Economic Studies, Oxford University Press, vol. 25(3), pages 201-205.
    6. Dollar, David & Kraay, Aart, 2002. "Growth Is Good for the Poor," Journal of Economic Growth, Springer, vol. 7(3), pages 195-225, September.
    7. Prebisch, Raúl, 1950. "The economic development of Latin America and its principal problems," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 29973, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Bhagwati, Jagdish N, 1988. "Export-Promoting Trade Strategy: Issues and Evidence," The World Bank Research Observer, World Bank Group, vol. 3(1), pages 27-57, January.
    9. Cutler, Harvey & Berri, David J. & Ozawa, Terutomo, 2003. "Market recycling in labor-intensive goods, flying-geese style: an empirical analysis of East Asian exports to the U.S," Journal of Asian Economics, Elsevier, vol. 14(1), pages 35-50, February.
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    Cited by:

    1. Wysokinska Zofia Maria, 2008. "Catching-Up Strategy: New Member States of the European Union in the European Internal Market for High-Tech and Environmental Products in the Context of the Renewed Lisbon Strategy," Global Economy Journal, De Gruyter, vol. 8(3), pages 1-28, September.

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