Economic Development In Pacific Asia

by Akhand; Hafiz

• ISBN13: 9780415288682
• ISBN10: 0415288681
• Edition: 1st
• Format: Nonspecific Binding
• Copyright: 2005-11-07
• Publisher: Routledge

Summary

This book introduces students to the economies of east Asia from a development perspective. It examines the remarkable growth in the east Asian economies from the mid-sixties until the 1997 crisis, which shook confidence in the region and led to a lull in the unprecedented growth. This book examines the reactions from all the main countries in east and southeast Asia. Approaching the impact from a thematic viewpoint, this book concentrates on policies and issues, including some of the most contemporary developments such as the gender gap, digital divide and globalization.

Author Biography

Hafiz Akhand is Associate Professor of Economics at the University of Regina, Canada

Table of Contents

List of figures	ix
List of tables	xi
Acknowledgements	xv
Introduction	1	(4)
Record of transformation	5	(17)
The East Asian Miracle: perspiration or inspiration?	22	(36)
Approaches to the estimation of total factor productivity	24	(13)
Productivity growth empirics: the tyranny of numbers	37	(18)
Productivity growth empirics: an assessment	55	(2)
Conclusion	57	(1)
Factor price distortions and economic activity	58	(5)
Factor price distortions, economic welfare and capital accumulation	58	(1)
Factor price distortions and growth	59	(1)
Estimates of factor price distortions	60	(2)
Conclusion	62	(1)
Growth, poverty and income distribution	63	(4)
Growth and poverty reduction	63	(1)
Growth and income inequality	64	(1)
Poverty reduction, growth and redistributive policies	65	(1)
Conclusion	66	(1)
East Asian financial crisis	67	(17)
The nature and extent of the crisis	71	(3)
Assessing the empirical evidence	74	(8)
Conclusion	82	(2)
Corruption, growth and foreign direct investment	84	(21)
The nature and extent of corruption in East Asia	85	(3)
Determinants of corruption	88	(5)
Corruption and growth	93	(5)
Corruption and foreign direct investment	98	(5)
Conclusion	103	(2)
Urbanization	105	(6)
Indicators of urbanization	105	(4)
Conclusion	109	(2)
Gender gap	111	(11)
Mortality inequality	112	(2)
Natality inequality	114	(1)
Basic facility inequality	115	(1)
Professional inequality	115	(3)
Ownership inequality	118	(1)
Household inequality	119	(3)
Digital divide	122	(11)
Globalization and labour market outcomes	133	(5)
What we have learned and what remains to be done	138	(3)
Notes	141	(7)
References	148	(9)
Index	157