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| Tekijä: | Bhopal, M. Hitchcock, M. |
| Otsikko: | Conclusion: ASEAN Economic and Institutional Development in Perspective |
| Lehti: | Asia Pacific Business Review
2001 : WINTER, VOL. 8:2, p. 171-182 |
| Asiasana: | ASIA ECONOMIC CONDITIONS DEVELOPMENT INSTITUTIONS |
| Kieli: | eng |
| Tiivistelmä: | Over the last three decades discussion of the changing nature of the global economy could not neglect consideration of the growth of the Asia Pacific region. The interaction of export-oriented growth, increased foreign trade and East Asian movement into new and labour-intensive technologies and industries produced a rate of economic expansion which eclipsed that of the rest of the world. Many believed that the authors were witnessing new global trends. The 1997 crisis has spawned a more critical approach to the East Asian miracle and put into perspective, if not undermined, some previous accounts purporting to explain the high rates of growth. |
SCIMA