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| Tekijä: | Wan, S. |
| Otsikko: | Economic adjustment of Asian NIEs and implications for Japan |
| Lehti: | Journal of Japanese Trade & Industry
1997 : MAR 1, VOL. 16:2, p. 34-36 |
| Asiasana: | JAPAN TRADE ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | Instead of falling into the vicious cycle of poverty forcefully argued by Gunnar Myrdal in the book Asian Drama a quarter of a century ago, the Asia-Pacific region is demonstrating a virtuous cycle of economic development. Newly industrializing economies (NIEs) in Asia, which started their processes of industrialization by serving as subcontractors of labor-intensive products for advanced countries, are plowing back the wealth they created to meet the challenges of the next stage of productivity and economic development. |
SCIMA