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Author:Blomqvist, H. C.
Title:The 'flying geese' model of regional development : a constructive interpretation
Journal:Journal of the Asia Pacific Economy
1996 : VOL. 1:2, p. 215-231
Index terms:ECONOMIC INTERDEPENDENCE
ECONOMIC CONDITIONS
REGIONAL DEVELOPMENT
FOREIGN INVESTMENT
INTERNATIONAL TRADE
ASIA
Language:eng
Abstract:In the mid-1930s, Professor Kaname Akamatsu developed a theory on economic development in an international context using the experience of Japan during the preceding decades. The 'flying geese' model originally depicted the development over time of a single industry, but can easily be reinterpreted as a model for structural change and/or the growth and development of a group of countries. The issue of foreign direct investment can easily be linked to the theory. The purpose of the present paper is to give an interpretation of the 'flying geese' model of development and to assess the usefulness of the model for understanding economic development and industrial policy in East Asia. Use of the model as a framework for analysing regional economic interdependence in general is also discussed.
SCIMA record nr: 155012
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