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Openness and Economic Performance: a Comparative Study of China and the Asian NIEs

Author

Listed:
  • Yao, S.
  • Zhang, Z.

Abstract

Being the world's largest developing economy, China's successful economic performance since 1978 has had a powerful impact on the global economy. Its open policy features with an evolutionary process, involving the gradual liberalisation of foreign exchange, international trade and foreign direct investments. This paper evaluates how this evolutionary process has contributed to China's economic success in comparison with the development experiences of the Asian newly industrialised economies (NIEs).

Suggested Citation

  • Yao, S. & Zhang, Z., 2000. "Openness and Economic Performance: a Comparative Study of China and the Asian NIEs," Papers 131, Portsmouth University - Department of Economics.
  • Handle: RePEc:fth:portec:131
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    Cited by:

    1. Shujie Yao, 2006. "Building a strong nation, how does China perform in science and technology," Asia Europe Journal, Springer, vol. 4(2), pages 197-209, June.
    2. Abdullahi Ahmed & Enjiang Cheng & George Messinis, 2011. "The role of exports, FDI and imports in development: evidence from Sub-Saharan African countries," Applied Economics, Taylor & Francis Journals, vol. 43(26), pages 3719-3731.
    3. Alimi, Santos R. & Muse, Bernard O., 2012. "Export - led growth or growth – driven exports? Evidence from Nigeria," MPRA Paper 53468, University Library of Munich, Germany.

    More about this item

    Keywords

    CHINA ; ASIA ; ECONOMIC DEVELOPMENT;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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