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Investment in East Asia since the Asian financial crisis

Author

Listed:
  • Elisha Houston

    (Treasury, Government of Australia)

  • Julia Minty

    (Treasury, Government of Australia)

  • Nathan Dal Bon

    (Treasury, Government of Australia)

Abstract

Investment in many East Asian economies fell dramatically following the Asian financial crisis and has remained relatively weak since then. This is despite improved economic conditions and strong underlying investment needs typical for developing economies.

Suggested Citation

  • Elisha Houston & Julia Minty & Nathan Dal Bon, 2008. "Investment in East Asia since the Asian financial crisis," Economic Roundup, The Treasury, Australian Government, issue 2, pages 13-34, July.
    • Handle: RePEc:tsy:journl:journl_tsy_er_2008_2_2
    as

    Download full text from publisher

    File URL: http://archive.treasury.gov.au/documents/1396/PDF/02_East_Asia_investment.pdf
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    References listed on IDEAS

    as
    1. De Long, J. Bradford & Summers, Lawrence H., 1993. "How strongly do developing economies benefit from equipment investment?," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 395-415, December.
    2. Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998. "How does foreign direct investment affect economic growth?1," Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
    3. Mr. William C. Hsiao, 2000. "What Should Macroeconomists Know About Health Care Policy: A Primer," IMF Working Papers 2000/136, International Monetary Fund.
    4. Akira Kohsaka & Masahiro Enya, 2007. "The Balance Sheet Effects and Macroeconomic Development in the Pacific Region," Asian Economic Papers, MIT Press, vol. 6(1), pages 101-129, Winter.
    5. Sanghoon Ahn & Philip Hemmings, 2000. "Policy Influences on Economic Growth in OECD Countries: An Evaluation of the Evidence," OECD Economics Department Working Papers 246, OECD Publishing.
    6. World Bank, 2007. "World Development Indicators 2007," World Bank Publications - Books, The World Bank Group, number 8150, December.
    7. Blomstrom, Magnus, 1986. "Foreign Investment and Productive Efficiency: The Case of Mexico," Journal of Industrial Economics, Wiley Blackwell, vol. 35(1), pages 97-110, September.
    8. Warwick J. McKibbin & Wing Thye Woo, 2003. "The Consequences of China's WTO Accession for Its Neighbors," Asian Economic Papers, MIT Press, vol. 2(2), pages 1-38.
    9. Koji Miyamoto, 2003. "Human Capital Formation and Foreign Direct Investment in Developing Countries," OECD Development Centre Working Papers 211, OECD Publishing.
    10. Mr. Peter S. Heller, 2007. "What Should Macroeconomists Know about Health Care Policy?," IMF Working Papers 2007/013, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Yong Sarah Zhou, 2013. "Explaining ASEAN-3’s Investment Puzzle A Tale of Two Sectors," IMF Working Papers 2013/013, International Monetary Fund.

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    More about this item

    Keywords

    East Asia; financial crises; foreign investment; trade;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • G01 - Financial Economics - - General - - - Financial Crises

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