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How East Asia grew so fast? slow progress towards an analytical consensus

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  • Singh, Ajit

Abstract

Although in the post-World War II period as a whole, developing countries have made substantial economic and industrial progress, during the last decade or so, many of them, particularly in Latin America and Africa, have been in an acute economic crisis . As a consequence, these countries have been obliged to go to the Bretton Woods institutions (BWIs) for economic assistance for stabilisation and structural adjustment.

Suggested Citation

  • Singh, Ajit, 1995. "How East Asia grew so fast? slow progress towards an analytical consensus," MPRA Paper 54926, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:54926
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    File URL: https://mpra.ub.uni-muenchen.de/54926/1/MPRA_paper_54926.pdf
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    References listed on IDEAS

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    1. Anne O. Krueger, 1995. "East Asian Experience and Endogenous Growth Theory," NBER Chapters, in: Growth Theories in Light of the East Asian Experience, pages 9-36, National Bureau of Economic Research, Inc.
    2. Kenneth A. Froot & Andre F. Perold & Jeremy C. Stein, 1992. "Shareholder Trading Practices And Corporate Investment Horizons," Journal of Applied Corporate Finance, Morgan Stanley, vol. 5(2), pages 42-58, June.
    3. Mason, Andrew D. & Baptist, Jacqueline, 1996. "How important are labor markets to the welfare of the poor in Indonesia?," Policy Research Working Paper Series 1665, The World Bank.
    4. Jacobson, Robert & Aaker, David, 1993. "Myopic management behavior with efficient, but imperfect, financial markets : A comparison of information asymmetries in the U.S. and Japan," Journal of Accounting and Economics, Elsevier, vol. 16(4), pages 383-405, October.
    5. Honohan, Patrick & Atiyas, Izak, 1993. "Intersectoral Financial Flows in Developing Countries," Economic Journal, Royal Economic Society, vol. 103(418), pages 666-679, May.
    6. Allen, Franklin & Gale, Douglas, 1995. "A welfare comparison of intermediaries and financial markets in Germany and the US," European Economic Review, Elsevier, vol. 39(2), pages 179-209, February.
    7. Takatoshi Ito & Anne O. Krueger, 1995. "Growth Theories in Light of the East Asian Experience," NBER Books, National Bureau of Economic Research, Inc, number ito_95-2.
    8. Cho, Y.D., 1995. "Company Investment Decisions and Financial Constrants: An Analysis of a Panel of Korean Manufacturing Firms," Economics Series Working Papers 99177, University of Oxford, Department of Economics.
    9. repec:ilo:ilowps:297942 is not listed on IDEAS
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    Cited by:

    1. Hermes, Niels, 1997. "New explanations of the economic success of East Asia : lessons for developing and Eastern European countries," CDS Research Reports 199703, University of Groningen, Centre for Development Studies (CDS).
    2. Akyuz, Yilmaz & Gore, Charles, 1996. "The investment-profits nexus in East Asian industrialization," World Development, Elsevier, vol. 24(3), pages 461-470, March.
    3. Singh, Ajit, 2007. "Globalisation, industrial revolutions in India and China and labour markets in advanced countries: implications for national and international economic policy," MPRA Paper 53369, University Library of Munich, Germany.
    4. Ludger Lindlar, 1995. "Internationale Wettbewerbsfähigkeit der südostasiatischen Schwellen- und Entwicklungsländer," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 64(2), pages 303-322.
    5. repec:dgr:rugcds:199703 is not listed on IDEAS

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    More about this item

    Keywords

    Bretton Woods; economic crisis; Asia; post - WWII; structural adjustment;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General
    • F6 - International Economics - - Economic Impacts of Globalization
    • G2 - Financial Economics - - Financial Institutions and Services
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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