Journal articles: 'Economic development Asia'

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Park, Jong H. "The East Asian Model of Economic Development and Developing Countries." Journal of Developing Societies 18, no. 4 (December 2002): 330–53. http://dx.doi.org/10.1177/0169796x0201800403.

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This paper examines the debate on the East Asian model of economic development in light of the different approaches undertaken by different groups of countries (economies) in Northeast Asia and Southeast Asia. The common strengths and weaknesses shared by the East Asian countries (economies) have helped to reinforce the misconception that there is a single East Asian model of economic development. There are, however, significant differences in economic structures as well as development experiences among the East Asian economies, especially between the economic development paradigms of Southeast Asia and Northeast Asia. Nonetheless, one single common thread underlies the differences in development strategies and experiences among the East Asian economies—the role of the government. The governments of East Asia have recognized the limitations of markets (or market failures) in the allocation of scarce resources in the economy, and have used government interventions to promote economic development. The recent Asian crisis hardly signifies the end of the so-called East Asian model of economic development.

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Dapice, David. "Economic Development in Southeast Asia." Economies 3, no. 3 (September 7, 2015): 147. http://dx.doi.org/10.3390/economies3030147.

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Popov, V. "COVID-19 pandemic and long-term development trajectories of East Asian and Western economic models." Pathways to Peace and Security, no. 2 (2020): 41–62. http://dx.doi.org/10.20542/2307-1494-2020-2-41-62.

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The article examines the reasons for the superior performance of East Asia in containing the human and economic costs of the 2020 coronavirus pandemic. The East Asian model is based on solidarity and priority of collective interests over individual interests, whereas the Western model emphasizes competition and guarantees of individual rights. The quantifiable characteristics that allow to draw a distinction between the two models are income and wealth inequalities, property and control over corporations, institutional capacity of the state (measured as homicide rate and the size of shadow economy), and trust in the government. Because of the East Asian model’s superiority in these respects, both the number of infections and the mortality rates from COVID-19 in China and other East Asian countries were lower than in Western countries by two orders of magnitude. Besides, the 2020 economic crisis associated with the pandemic was much deeper in the West than in East Asia. These developments give new arguments in support of the views that East Asian economic and social model is more viable than the Western model. Continued rise of East Asia and proliferation of East Asian model in the developing world will lead to profound changes in the world economic order.

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Din, Musleh-ud, and Shahbaz Nasir. "Regional Economic Integration in South Asia: The Way Forward." Pakistan Development Review 43, no. 4II (December 1, 2004): 959–74. http://dx.doi.org/10.30541/v43i4iipp.959-974.

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Like many developing economies, the South Asian countries are opening-up their economies with a view to accelerating their economic growth through greater trade and investment. In this context, attempts have also been made to encourage regional trade under the aegis of the South Asian Association for Regional Cooperation (SAARC). In particular, the South Asian Preferential Trade Agreement (SAPTA) provides for reductions in tariffs and other restrictions on specific commodities on a reciprocal basis, and the eventual objective is to integrate the South Asian economies into a free trade area through SAFTA, which would come into force on January 1, 2006. However, despite greater attention on regional economic cooperation initiatives, there has been little progress in regional trade expansion: intra-regional trade continues to be minimal, not exceeding 5 percent of the total trade of the South Asian economies. This paper highlights the importance of regional economic integration in South Asia as elsewhere, spells out the factors which have so far hampered economic cooperation in the region, and outlines a future course of action to achieve greater economic integration in South Asia. Section 2 provides a broad perspective on regional economic integration with a particular focus on the need to foster greater economic cooperation in South Asia. Section 3 discusses the factors that have impeded intra-regional trade and economic ties within the region. Section 4 spells out measures to enhance economic cooperation in the SAARC region, while Section 5 concludes the discussion.

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Pomfret, Richard. "The European Union and Central Asia: Economic development and trade." Australian and New Zealand Journal of European Studies 14, no. 2 (September 1, 2022): 49–61. http://dx.doi.org/10.30722/anzjes.vol14.iss2.15833.

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This paper analyses EU-Central Asia trade and EU economic assistance to Central Asia. Some EU companies have had a high profile in individual countries or in energy projects (reflected in trade relations between parent and host country), but overall EU companies have lagged the higher profile of Russian companies and the increasing Chinese economic presence. Central Asia had low priority in EU external economic policies towards Soviet successor states. After 2007 the EU became more active in designing a Central Asia strategy, but funding has been limited and the impact small. A significant development for EU-Central Asian economic relations has been the expansion of Eurasian rail services. This has a firm economic foundation and, if currently important routes are disrupted by events in Russia, alternatives will be found. The paper concludes with discussion of prospects for EU-Central Asian relations with new presidents in Uzbekistan since 2016 and Kazakhstan since 2019.

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Ali, Muhammad, and Manzoor Hussain Memon. "Economic Diversification and Human Development in South Asia." Journal of Asian and African Studies 54, no. 5 (March 14, 2019): 674–90. http://dx.doi.org/10.1177/0021909619836133.

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The paper examines the effect of diversification on social welfare in South Asia using the macroeconomic data for the period 1996–2011, with export diversification as a proxy of economic diversification. In this paper, three types of diversification are assessed (i.e. related, unrelated, and overall variety). While unrelated variety and overall variety show increasing trend over the years, related variety seems to show a non-linear inverted U-shaped curve. Estimation results reveal that all three types of variety have a positive and significant relationship with human development in South Asia, which shows that diversification is beneficial for human development in South Asian countries. It is also found that the existing level of human capital significantly moderates the relationship between related variety and social welfare.

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Rizokulovich, Mirzaev Gulom. "Economic Cooperation Of The Republic Of Uzbekistan With The Countries Of Central Asia: Formation, Development, And Prospects." American Journal of Social Science and Education Innovations 02, no. 11 (November 28, 2020): 283–94. http://dx.doi.org/10.37547/tajssei/volume02issue11-49.

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The issues, formation, development, and prospects of economic cooperation of the Republic of Uzbekistan with the countries of Central Asia are highlighted in this article. This paper analyses the factors influencing the economic cooperation of Uzbekistan with the countries of Central Asia. The role and importance of trade, exchanging goods, and joint ventures in strengthening economic cooperation between the countries of Central Asia are described gradually. As well as this paper studies the activities of joint Commissions for the development of economic relations and the legal framework of interstate economic cooperation. Such areas economic-trade, joint ventures, and transport Logistics, which determine regional economic growth in Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan highlighted with examples. The paper determines that the beginning of a new era in the history of relations between the countries of Central Asia in recent years contributes to the development and strengthening of economic cooperation. Conclusions are drawn on the development of economic cooperation between the Republic of Uzbekistan and Central Asian countries, and several proposals are put forward to strengthen economic cooperation.

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Zhang, Jingjing. "Trade, Environment and Economic Development: A Dynamic Relationship in East Asia." International Journal of Trade, Economics and Finance 5, no. 5 (October 2014): 379–85. http://dx.doi.org/10.7763/ijtef.2014.v5.402.

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Baymetova, Zumradkhon B. "URBAN PLANNING DEVELOPMENT AND HISTORICAL DEVELOPMENT IN ANCIENT CENTRAL ASIA." CURRENT RESEARCH JOURNAL OF HISTORY 02, no. 12 (December 1, 2021): 21–23. http://dx.doi.org/10.37547/history-crjh-02-12-05.

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This article deals with the development of ancient urban planning, its material and spiritual sources, the existence of ancient cultural and material heritage in the heart of our homeland, as well as economic factors in the emergence of cities on the basis of historical facts from primitive society.

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Low, Linda. "The Economic Development of Southeast Asia." Asean Economic Bulletin 21, no. 3 (December 2004): 334–36. http://dx.doi.org/10.1355/ae21-3i.

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Song, Guoyou. "China’s economic strategy in Asia." Asian Education and Development Studies 8, no. 1 (January 7, 2019): 2–13. http://dx.doi.org/10.1108/aeds-08-2017-0083.

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Purpose The purpose of this paper is to study key economic strategies in Asia laid out by the Chinese Government since Xi Jinping became the General Secretary of the Central Committee of the Communist Party of China. Design/methodology/approach The paper is composed of six parts. The first part analyzes China’s Asian trade strategy with a focus on the free-trade agreement. The second part elaborates the Asian finance and currency strategy with the core being the regionalization of RMB. The third part introduces China’s newly proposed Belt and Road Initiative (B&R). The fourth part deals with the China–USA economic relationship with a view to China’s economic strategy in Asia. The fifth part explains China’s domestic economic policy which forms the basis of the Asian Economic Strategy. Findings A marked change has taken place in China’s economic strategy in Asia, namely, giving more consideration to how to offer more public goods to the region. This is natural as China’s economic power is developed to a certain level and it is highly related to China’s attempt to growing its economic influence in this region. China believes that the B&R Initiative and Asian Infrastructure Investment Bank are both public goods China has provided to Asia. China’s economic strategy in Asia demonstrates that China, as a rising power, though faced with domination of established power and the original regional economic rule system, still promotes the cooperation, integration, participation and development of this region. In general, China’s economic strategy in Asia offers an alternative for countries in this region so that Asian countries can better safeguard their rights amid China–America competition, and a new Asian economic order can be better built. Originality/value The paper contributes to the researched area of China’s economic strategy in Asia by comprehensively elaborating its trade, money, B&R Initiative and so on. This paper also shows the major challenges of China’s economic strategy in Asia and therefore is helpful to fully understand China’s economic statecraft.

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Murodjon, Berdimuradov. "THE ROLE OF AGRICULTURAL ECONOMY IN THE DEVELOPMENT OF CENTRAL ASIAN COUNTRIES IN THE 21ST CENTURY." European International Journal of Multidisciplinary Research and Management Studies 02, no. 10 (October 1, 2022): 185–88. http://dx.doi.org/10.55640/eijmrms-02-10-35.

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With the collapse of the Soviet Union in the 1991s Central Asian nations and Japan established diplomatic relations and partnerships began to increase steadily as manifested by the level of official contacts. In 1997 the “Silk Road” Diplomacy concept was formulated for Japan’s policy toward Central Asia. At the beginning of the 21st century, we see the activation of new actors including India, Korea, and Japan in Central Asia, which were mainly welcomed in the region. Tokyo recognized the growing strategic importance of Central Asia in the context of international security and sought to play a more active role as an Asian nation in Eurasia. During two decades Central Asian nations and Japan began to increase steadily. Japan is one of the largest assistants to Central Asia in structural reforms and Japanese investments in the different aspects of the region's economy and transport communication add up to several billion. There are several areas of special interest to Japan in its relations with Central Asia, including cooperation in education, economic development of the region, political reforms, as well as energy resources. Japan’s effort in creating the “Central Asia plus Japan” dialog is part of its multilateral diplomacy. At the same time, there are some challenges and problems in Central Asia–Japan relations. However, there are potentialities for future bilateral and multilateral relations. Japan like Korea, India, and other countries has a strong positive image in Central Asia, which could be regarded as an additional factor for fostering partnerships between Central and East Asia as well as interregional relations with the vast Asian continent and beyond. This article explores the interests of the Central Asian states as members of the SCO, and their compatibility with the SCO goals. This study shows that the SCO is compatible with the Central Asian states' security and economic interests, regional cooperation, and the need for balanced relations with the great powers— China, Russia, and the United States.

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Srivastava, Manoj. "An evaluation of SAARC in the regional development of South Asia." Scholedge International Journal of Multidisciplinary & Allied Studies ISSN 2394-336X 2, no. 9 (October 12, 2015): 6. http://dx.doi.org/10.19085/sijmas.020902.

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South Asia Association for Regional Cooperation (SAARC) has been seen as a regional group for the economic and social growth in the South Asia since its formation by South Asian founding nations. There have been various conceptualized goals and objectives for the SAARC. Some of these performed to the satisfaction of group nations whereas there are those one also which could not be achieved despite common understanding and implementation. This paper evaluates the performance of the regional group as to its justification for the social & economics growth driver in the South Asia region.

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SULTAN, ATIYAB, and DAVID WASHBROOK. "Introduction: Institutions and economic development in South Asia." Modern Asian Studies 51, no. 6 (November 2017): 1657–67. http://dx.doi.org/10.1017/s0026749x17000099.

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The ‘weak’ and ‘flawed’ nature of South Asian institutions has become axiomatic in development discourse, with the persistence of this view outweighed only by its lack of concreteness. The fascination with institutions is noteworthy precisely because the most fundamental questions about them are still under debate: there is little agreement on the definition of institutions beyond generic statements, let alone an established consensus on which institutions engender development. Instead institutionalist explanations float far and wide, netting the blame for various policy failures, with a striking lack of critical inspection. This special issue is an attempt to bring together various perspectives on institutional change and economic development in South Asia in an attempt to problematize the very concept of institutions and their perceived role in fostering economic development. The geographical focus on South Asia furthers a central aim of this collection: to emphasize the contextual nature of institutions. This translates into a need for disaggregating secular institutional theory into its precise constraints and implications for particular spaces, moments, and contexts.

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MASON, ANDREW, SANG-HYOP LEE, and DONGHYUN PARK. "Demographic Change, Economic Growth, and Old-Age Economic Security: Asia and the World." Asian Development Review 39, no. 01 (March 2022): 131–67. http://dx.doi.org/10.1142/s0116110522500019.

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Asia is aging, although there is significant heterogeneity across subregions and economies. Population aging poses two strategic challenges for the region: sustaining economic growth and delivering old-age economic security. In this paper, we leverage the lifecycle perspective—that individuals’ consumption and labor income differ at each age—and the National Transfer Accounts database to construct and analyze key economic indicators. Our analysis confirms that demographic change will challenge the region’s future growth and increase the cost of funding the consumption of the elderly. We also find that it will have a substantial impact on the public finances of some Asian economies.

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Stahl, Charles W., and Reginald T. Appleyard. "International Manpower Flows in Asia: An Overview." Asian and Pacific Migration Journal 1, no. 3-4 (September 1992): 417–76. http://dx.doi.org/10.1177/011719689200100302.

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Significant differentials in demographic and economic variables shape the nature, extent and direction of economic migration within the diverse Asian region. The Middle East and North Africa have been prime destinations for temporary labor from Asia. However, intra-Asian migration is increasing, characterized by movement of labor from countries at earlier stages of demographic and economic transition to the rapidly growing economies of the region. This article presents a country-by-country overview of historical, economic and sociodemographic variables; statistical data and assessments of the nature and impact of migration; and future trends. Regions covered include: 1) South Asia and the Indian Ocean Islands, 2) Southeast Asia, 3) Northeast Asia.

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Satiar, Zaidi. "Government Control and Economic Growth in Asia: Evidence from Time Series Data." Pakistan Development Review 32, no. 2 (June 1, 1993): 179–97. http://dx.doi.org/10.30541/v32i2pp.179-197.

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Government control of the economy varies widely, in degree as well as effectiveness, across countries and continents. The LDCs of Asia have generally opted for planned development and a large public sector, giving their governments significant control over their economies. The Newly Industrialising Countries (NICs) of Asia. on the other hand, have thrived on economic liberalisation and greater market orientation. The growth record of the Asian LDCs during the past decade appears pitiful as compared to that of the high-growth NICs. The present study attempts to empirically reassess the nature of the government's linkage with growth and productivity in Asian LDCs. The study finds evidence of a significant Jiilkage between government and growth in developing Asia. but not in the NICs or eight of the leading market economies of the world. Empirical evidence from the present study suggests that excessive government control in the Asian LDCs might have bred inefficiency, though not so much as to retard economic growth. On balance, governmental impact on these economies remains significantly positive.

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Ali Andrabi, Syed Damsaz. "Economic Development and Sultan Zainul Abidin in Kashmir." International Journal of Culture and History 3, no. 1 (June 24, 2016): 9. http://dx.doi.org/10.5296/ijch.v3i1.9653.

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Among all nations and races that have come into contact with Kashmir none of them has left everlasting impact on culture of the Valley as Central Asia. Contacts with Central Asia were developed long before the political domination of Muslims. The foundation of Shah Miri opened the floodgates for the infiltration of Persian and Central Asian people in Valley of Kashmir especially during the reign of Sultan Zainul Abidin. When he ascended the throne in (823.A.H./1420.A.D) the whole administrative machinery had collapsed due to the narrow policy of Sultan Sikandar and Sultan Ali Shah but he reconstructed it successfully. His assiduous work turned Valley of Kashmir into industrial garden. Many new arts and crafts were introduced in the Valley of Kashmir. By this way whole Valley was engulfed by peace and prosperity.

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Putri, Nanda Sucitra, and Denise Ann. "ERIA CONTRIBUTION TO DEVELOPMENT OF ASEAN INFRASTRUCTURE THROUGH COMPREHENSIVE ASIAN DEVELOPMENT PLAN (CADP)." Sociae Polites 23, no. 2 (November 30, 2022): 16–29. http://dx.doi.org/10.33541/sp.v23i2.4151.

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This study aims to analyse ERIA’s contribution as an international organization and economic research institute, in its’ involvement to support the ASEAN infrastructure development through Comprehensive Asian Development Plan (CADP). CADP was first submitted to the East Asia Summit in 2010, to implant and to pursue both deepening economic integration and narrowing development gaps by illustrating a grand spatial design of both economic infrastructure and industrial placement in ASEAN and East Asia. It also explained further about the digital development which has happened in East Asia and reviewed every five years. Authors used a descriptive qualitative research methodology towards the contribution made by ERIA in infrastructure building of ASEAN. From our findings, we can conclude that CADP, in line with the goals set in ASEAN Community Pillars, made development and infrastructure growth in ASEAN increased significantly, and will continue to do so from the phases set in their goals. Keywords: ASEAN, infrastructure, development, ICT, CADP, Community Pillars, economy.

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McCartney, Matthew. "Globalization and Economic Nationalism in Asia." European Journal of Development Research 25, no. 2 (March 28, 2013): 324–26. http://dx.doi.org/10.1057/ejdr.2012.51.

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Chaudhary, Mohammad Aslam, and Sabahat Anwar. "Foreign Debt, Dependency, and Economic Growth in South Asia." Pakistan Development Review 39, no. 4II (December 1, 2000): 551–70. http://dx.doi.org/10.30541/v39i4iipp.551-570.

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Many developing countries are following a policy to attract foreign capital through loans and other means to enhance investment. The inflow of these resources is seen as an addition to investment for accelerating economic growth. However, there are only a few success stories where such resources have made any significant contribution to improve the economic conditions of recipient country.1 Pakistan and other South Asian countries have received significant amount of foreign loans2 but its role is critical [Chaudhary and Ali (1993, 1996)]. In spite of increasing foreign aid, South Asia has emerged one of the poorest and illiterate regions of the world, having more than 500 million poor living below poverty line and about 46 percent of the world’s illiterate live in the South Asia [UNDP/MHHDC*(1997)]. This is the region, which has 22 percent of the world’s population, while having only 1.3 percent of the world’s income. It also appears one of the most indebted regions of the world [Anwar (1995)]. In spite of a significant inflow of foreign aid, the economic conditions remained poor in this region. Such a situation calls for an in depth analysis of the contribution of foreign aid. Therefore, this paper is focused to analyse the role and implications of international debt in South Asia. Besides, South Asia’s dependency upon foreign debt is also analysed.3 In addition, tendency of resources outflow from South Asia to other countries, in terms of debt services, is also identified.

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Rigg, Jonathan, Chris Dixon, and David Drakakis-Smith. "Economic and Social Development in Pacific Asia." Geographical Journal 161, no. 3 (November 1995): 330. http://dx.doi.org/10.2307/3059842.

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Estherina Flora Tanti, Lue. "SOUTHEAST ASIA ECONOMIC DEVELOPMENT THROUGH ASEAN REFORM." Padjadjaran Journal of International Law 3, no. 1 (January 31, 2019): 105–21. http://dx.doi.org/10.23920/pjil.v3i1.310.

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Abstract Since its establishment, Association of Southeast Asia Nations (ASEAN) has achieved many accomplishments in economic sectors including regional trade and connectivity. However, ASEAN’s work as a bloc has remained complacent and ineffective causing insignificant results. In fact, this was caused by the deeply rooted key norm guiding the ASEAN’s behaviour, the ASEAN Way. This ASEAN Way which mostly involved sovereignty and non-interference could be argued as the factor maintaining the stability in the region, yet at the same time it might also be considered as the barrier to the regional economic development. Throughout the years, the world is changing and so is ASEAN. This change indicates that there is inconsistency between the aims, the provisions, and the implementation and it is time to take a closer look again at the Association. Therefore, this article is focusing at the intersection between economics and legal frameworks in the regional organization, which remains relatively unexplored territory. It will analyse past actions of ASEAN and European Union as comparison. Several approaches will be considered before eventually proposing the best form of reform for ASEAN and its citizens. Keywords: ASEAN Reform, Economic Development, Regional Organization AbstrakSejak awal dibentuknya Association of Southeast Asia Nations (ASEAN), ASEAN telah meraih berbagai pencapaian dalam bidang ekonomi termasuk dalam bidang perdagangan dan hubungan regional. Akan tetapi, sebagai sebuah blok, ASEAN masih kurang efektif dalam menangani permasalahan regional yang menghasilkan hasil yang tidak signifikan. Faktanya, hal ini disebabkan norma yang tertanam sebagai landasan tindakan ASEAN, the ASEAN Way. ASEAN Way ini sangat melibatkan prinsip kedaulatan dan non-intervensi yang merupakan faktor dari stabilitas di ASEAN, namun secara bersamaan juga merupakan hambatan dalam perkembangan ekonomi regional. Seiring berkembangnya zaman, dunia berubah tidak terkecuali ASEAN. Perubahan dalam ASEAN ini mengindikasi bahwa tujuan, peraturan dan implementasi ASEAN tidak konsekuen dan membutuhkan peninjauan kembali. Oleh karena itu, peneltian anilitis yuridis ini menfokuskan pada percabangan antara ekonomi dan peraturan hukum dalam organisasi regional, yang kurang tereksplor. Penelitian ini juga akan menganalias tindakan ASEAN di masa lalu dan membandingkan dengan Uni Eropa. Beberapa pendekatan akan dipertimbangkan sebelum diajukannya bentuk reformasi yang terbaik untuk ASEAN dan seluruh warganya. Kata Kunci: Organisasi Regional, Perkembangan Ekonomi, Reformasi ASEAN

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Uppal, J. S. "Hinduism and Economic Development in South Asia." International Journal of Social Economics 13, no. 3 (March 1986): 20–33. http://dx.doi.org/10.1108/eb014011.

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ADAMS, J. "Culture and Economic Development in South Asia." ANNALS of the American Academy of Political and Social Science 573, no. 1 (January 1, 2001): 152–75. http://dx.doi.org/10.1177/0002716201573001008.

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Adams, John. "Culture and Economic Development in South Asia." ANNALS of the American Academy of Political and Social Science 573, no. 1 (January 2001): 152–75. http://dx.doi.org/10.1177/000271620157300108.

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Grabowski, Richard. "East Asia, Land Reform and Economic Development." Canadian Journal of Development Studies/Revue canadienne d'études du développement 23, no. 1 (January 2002): 105–26. http://dx.doi.org/10.1080/02255189.2002.9668856.

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Nazirov, Mukhtor, and Mukhammadolim Mukhammadsidiqov. "Central Asia: Involvement Of Afghanistan In Regional Development Processes." American Journal of Social Science and Education Innovations 02, no. 12 (December 30, 2020): 266–72. http://dx.doi.org/10.37547/tajssei/volume02issue12-47.

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The article observes the contemporary processes of forming a system of good neighbourly relations in Central Asia with the participation of Afghanistan and increasing the potential for regional development. The article maintains peace in Afghanistan is not only an important factor for sustainable development in the region but also an opportunity to intensify trade and economic cooperation with European countries in Asia to ensure the integration of transit and transport opportunities. It is noted that Uzbekistan supports the further intensification of multifaceted cooperation with Afghanistan and the prompt establishment of peace and stability in the neighbouring country, the restoration of its economic and transport infrastructure.

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Barua, Poonam. "Economic Diplomacy in South Asia." South Asian Survey 13, no. 1 (March 2006): 17–33. http://dx.doi.org/10.1177/097152310501300102.

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Kim Thi Tran, Oanh, Hac Dinh Le, and Anh Hong Viet Nguyen. "Role of institutional quality in economic development: A case study of Asian countries." Problems and Perspectives in Management 19, no. 2 (June 24, 2021): 357–69. http://dx.doi.org/10.21511/ppm.19(2).2021.29.

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The paper investigates the impact of institutional quality on economic growth by taking 48 countries in Asia between 2005 and 2018. By using the quantile regression methods with panel data, institutional quality is found to be a key factor of economic development. However, in the lower-income Asian countries, the institution with better quality appears to promote the growth more effectively than in the higher-income ones. Moreover, the paper also finds out a nonlinear relationship between institutions and economic growth. The results show that there is an institutional threshold for economic growth to reach its highest level. If the institution indicator exceeds the threshold, it causes the reverse effect on the growth. Moreover, the economic growth of Asian countries is also affected by inflation (INF), labor force (LABO), trade openness (OPEN), and infrastructure (TELE). From that, the study suggests some policy implications for Asian countries and Vietnam, in particular, in order to improve institutions contributing to economic growth.

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Khan, Saleem M. "Economic liberalization and economic development in South Asia: An introduction." Journal of Asian Economics 8, no. 1 (March 1997): 93–94. http://dx.doi.org/10.1016/s1049-0078(97)90008-7.

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Ngoc Bui, Toan, and Thu-Trang Thi Doan. "The impact of stock market development on economic growth: A GMM approach." Investment Management and Financial Innovations 18, no. 3 (August 6, 2021): 74–81. http://dx.doi.org/10.21511/imfi.18(3).2021.07.

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This study investigated the impact of stock market development (SMD) on economic growth (EG) among emerging markets and developing economies (EMDEs) in Asia. The data sample includes eight Asian EMDEs (China, Indonesia, India, Sri Lanka, Malaysia, the Philippines, Thailand, and Vietnam) from 2008 to 2019. These countries share several similarities, so this ensures reliability of the results. Regarding the analysis, the generalized method of moments (GMM) is used for the estimation. The results show that SMD exerts a positive impact on EG. This finding confirms the importance of SMD in improving efficient capital accumulation and allocation, and also allows investors to reduce risks and increase liquidity, which will boost EG. Further, the significant influence of domestic credit (DC), control of corruption (CC), and inflation (INF) on EG is also highlighted. These findings are valuable empirical evidence that greatly contributes to reinforcing the suitability of classical economic growth theories, especially the theory of endogenous growth. They are also essential to EMDEs in Asia. Accordingly, the EMDEs should develop effective policies to improve the stock market’s scale, which contributes substantially to the development of EG. Moreover, these economies need to pursue many appropriate policies in sync, such as stimulating SMD, improving governance effectiveness and implementing effective macroeconomic policies. Acknowledgment This study was funded by the Industrial University of Ho Chi Minh City (IUH), Vietnam (grant number: 21/1TCNH01).

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Mukhtarova, Karlygash, Klara Makasheva, Zere Kenzhebaeva, and Mansiya Sadyrova. "PROSPECTS FOR ECONOMIC COOPERATION IN CENTRAL ASIA." CENTRAL ASIA AND THE CAUCASUS 22, no. 3 (September 27, 2021): 094–108. http://dx.doi.org/10.37178/ca-c.21.3.08.

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This research article examines the state and prospects of economic cooperation among the countries of Central Asia (CA). As history would have it, economic cooperation within the CA region was previously limited, and investments in Central Asia were mainly concentrated in the mining sector of the economy. Demographic and economic trends in the region have led to an expansion of the internal market; most Central Asian states have implemented wide-ranging reforms, which have improved the overall investment climate; and the CA states have stepped up the development of multilateral trade and economic relations, laying the groundwork for broader cooperation. The article also covers recent problems related to the economic situation in the region. For example, the current situation associated with COVID-19 has had an impact on economic relations between the CA countries. In the view of international experts, this crisis has not provided any new reasons for integration in the region. The quarantine measures taken in various Central Asian countries have had a negative effect on their foreign trade and thus on intra-regional trade and economic cooperation in general. The authors also examine other problems, such as those caused by the CA countries’ economic dependence on other countries, namely their dependence on imports from outside the region. These problems also affect the prospects of economic cooperation in Central Asia. All countries, including those rich in natural resources, want to produce and export finished goods with high value added. The production of high value added products and services enables a country to earn more revenue and reduce its dependence on primary commodity exports. The Central Asian countries are no exception. But for many reasons their finished products are often insufficiently competitive in countries outside the region. Despite the existence of economic problems connected with the need to improve the economic aspects of cooperation, there is a clear trend towards diversification of the economy of the CA countries caused by a desire to develop various specializations. These include agricultural processing, production of consumer goods for the population, development of the service sector, and other areas. Thus, the choice of a new model for the development of multilateral relations and the emerging trend towards economic growth in the region have made it possible to lay the foundation for long-term cooperation among the Central Asian states. Keywords: regional cooperation, Central Asia region, diversification of the economy, trade regimes, external economic policy, region, Kazakhstan, Uzbekistan, Tajikistan, Turkmenistan, Kyrgyzstan.

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Ng, Beoy Kui. "The Economic Rise of China: Its Threats and Opportunities from the Perspective of Southeast Asia." Copenhagen Journal of Asian Studies 25 (February 5, 2008): 9–27. http://dx.doi.org/10.22439/cjas.v25i0.1427.

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Abstract The purpose of the paper is to examine the economic impact of China on Southeast Asian countries, mainly in terms of trade and investment. The paper attempts to examine whether the rise of China poses a threat to Southeast Asia as a region in the area of international trade, especially competition in third country markets, and asks, can they be friends and allies rather than competitors in international market? Secondly, the paper also questions if the concentration of foreign direct investment (FDI) in China is resulting in a diversion of FDI away from the region. Do FDI in China and Southeast Asia complement one another when it comes to the international division of labour? On the other hand, the increasing role of China as an international trader and global investor provides an opportunity for Southeast Asia countries to integrate with the Chinese economy. The huge domestic market of China also provides vast opportunities for investment, especially through connections with their respective ethnic Chinese businesses in the region. The overall assessment is that the rise of China will benefit Southeast Asian countries, especially in terms of China's role in the Asian production network, destination for investment, its outward investment and more importantly, its huge and growing domestic market. All these turn China into another driver for economic growth in Asia. Keywords: China, FDI flows, Southeast Asia, trade, investment, Asia production networks.

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35

Rimmer, P. J. "Regional economic integration in Pacific Asia." Environment and Planning A: Economy and Space 26, no. 11 (November 1994): 1731–59. http://dx.doi.org/10.1177/0308518x9402601104.

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The emergence of a new infrastructural arena in Europe has prompted searches for similar ‘macroeconomic corridors’ in the United States and Japan. Although they can easily be discovered in the United States, confining attention to Japan omits new regional forms brought about by economic integration in Pacific Asia. After examining the driving forces behind regional economic integration—rival firms, rival states, and supranational organisations—interest is focused on the ‘Japan Corridor’ and emerging zones of economic cooperation in the Yellow Sea and South China Sea as the building blocks of an East Asian development corridor. The rudiments of a Southeast Asian corridor are also examined by centring attention on the ‘Growth Triangle’ (Singapore-Johor-Riau), the ‘Northern Triangle’ (northern Malaysia-southern Thailand-northern Sumatra), and other manifestations of regional economic cooperation. More speculative discussion considers how a Pacific Asian corridor could emerge from further zones of economic cooperation in both Indochina and the Japan Sea. Its pivot could be the Hong Kong-Shanghai-Taipei triangle—a reflection of the likely emergence of a greater Chinese economic grouping.

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Hill, Hal. "The Political Economy of Policy Reform: Insights from Southeast Asia." Asian Development Review 30, no. 1 (March 2013): 108–30. http://dx.doi.org/10.1162/adev_a_00005.

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Economists broadly agree on many key economic policy issues, but economics as a discipline has provided much less guidance on why and how economic policy reform occurs and how to develop institutional mechanisms that enable governments to adopt “good” economic policy. Political scientists are adept at identifying coalitions, constituencies, institutions, and interest groups, but they less commonly examine the implications for economic policy. Thus, work at the intersection between economics and politics—of why and how policy reform takes place—remains relatively unexplored territory. This is especially so in developing countries where political processes are more personalistic, institutions often less well established, outcomes more fluid, and the detailed case study literature on economic policy making still in its infancy. This paper provides an analytical survey of economic policy reform in Southeast Asia. It ranges across the major policy U-turns and the incremental reforms, with special reference to macroeconomic management and trade policy. On the basis of several case studies and set against the broader international literature, we advance nine conclusions on the political economy of reform.

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Shrestha, Prakash Kumar. "Economic Development in South and East Asia: empirical examination of East Asian development model." Asia-Pacific Development Journal 20, no. 2 (July 10, 2014): 1–28. http://dx.doi.org/10.18356/33b97c0a-en.

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Branstetter, Lee. "Intellectual Property Rights, Innovation and Development: Is Asia Different?" Millennial Asia 8, no. 1 (April 2017): 5–25. http://dx.doi.org/10.1177/0976399616686860.

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For decades, economic policymakers in developing countries have resisted pressure to strengthen their intellectual property rights (IPR) systems. Many of them have pointed to the success of high-tech industries in Asia as confirmation of the view that keeping IPR systems weak at certain stages of economic development can function as an infant industry policy, stimulating the growth of technologically dynamic indigenous firms. This essay reviews recent econometric evidence on how changes in the IPR policy impact industrial development, and concludes that much of that evidence suggests that stronger IPR systems accelerate industrial development. The study then examines whether the lessons of Asia economic history really contradict that econometric evidence. The view presented here is that Asia is not really different. The current challenges faced by Asian firms in technologically dynamic industries suggest that long periods of industrial development under weak IPR systems can create problems that emerge in the longer run.

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Siddiqui, Rehana, and Afia Malik. "Debt and Economic Growth in South Asia." Pakistan Development Review 40, no. 4II (December 1, 2001): 677–88. http://dx.doi.org/10.30541/v40i4iipp.677-688.

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After 1980s, in most developing countries, the rate of debt accumulation and increase in debt servicing are highlighted as major factors affecting the growth rate of output. Most of these countries lost their competitiveness in the international market mainly as a result of insufficient exchange rate adjustments. In addition, the weakening of terms of trade, economic mismanagement and crisis of governance also lowered growth rates in the developing countries. The downward pressure was larger in the countries facing higher debt burden as these countries faced higher interest rates, decline in the external resource inflow, lower export earnings, lower domestic output and lower imports. In case of South Asian countries, the external debt scenario has changed over time. According to World Bank (2001) Pakistan’s ranking worsened to ‘severely-indebted low income country’ from ‘moderately-indebted low income country’ in 1997, where as India’s ranking improved to ‘less indebted low income’ country from ‘moderately indebted’ in 1997. The rapid accumulation of debt, rising repayment burden and the economically and politically resource inflow or rescheduling motivated rescheduling of debt (as in case of Pakistan) has raised concerns regarding the impact of debt on the growth process of the South Asian countries.

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Shi, Tao, Tian Weiteng, Wei Zhang, and Qian Zhou. "Spatiotemporal Relationship Between Ecological Environment and Economic Development in Tropical and Subtropical Regions of Asia." Tropical Conservation Science 12 (January 2019): 194008291987896. http://dx.doi.org/10.1177/1940082919878961.

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This article is devoted to study the coordination coupling relationship between economic development and ecological environment in tropical and subtropical regions of Asia to reflect the spatiotemporal heterogeneity of the coordination in different regions. Using the entropy method and Geographically and Temporally Weighted Regression model, we empirically analyze 14 tropical and subtropical countries in Asia from 2003 to 2016. The empirical results show that most of the tropical and subtropical sample countries in Asia are at an intermediate coordination coupling level between economic development and ecological environment; the economic development lag type is the main one, and the ecological development lag type is less. At the same time, the positive effects between economic development and ecological environment in most sample countries are more obvious. Spatially, the ecological environment in the north of the Asian tropical and subtropical countries has a positive effect on economic development rather than that in the south and tends to be positive. The positive effect of economic development on ecological environment in the faster economic development areas is better than that in the slower economic development areas, and more areas tend to play negative effects. The research in this article provides a basis for strengthening ecological environment protection in tropical and subtropical regions of Asia, promoting the coordinated development of economic and ecological environment. Further, we put forward some corresponding policy recommendations.

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Mubashra Shaheen and Munawar Hussain Panhwar. "BELT AND ROAD INITIATIVE." Asia-Pacific - Annual Research Journal of Far East & South East Asia 39 (January 20, 2022): 147–60. http://dx.doi.org/10.47781/asia-pacific.vol39.iss0.4369.

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Chinese Belt and Road Initiative (BRI) is primarily aimed at strategic interconnectedness of Asia, Europe and Africa and regional economic connectivity in South Asia, East, West and Central Asia by maintaining connection among partner countries in highly interconnected globalised World. Pakistan’s integration into BRI through CPEC can play a vital role in terms of regional economic and political development encompassing variety of opportunities for Pakistan. This Chinese initiative will diffuse geopolitical rivalries, giving leverage to geo-economics over geo-politics in South Asian region. BRI also poses multiple and critical geo-strategic challenges for the region especially for Pakistan. The objectives of the study are to explore the possible outcomes of Belt and Road Initiative, Prospects of regional economic developments, Challenges and Opportunities for the region especially for Pakistan. The study brings out the emerging trends concerning primacy of the geo-economics over geopolitics albeit in the nascent stage amid CPEC. The challenges likely to be faced by Pakistan by these developments would equally present numerous opportunities. These, if capitalised through prudent policies and execution would enhance strategic relevance of Pakistan among comity of nations. The paper attempts to proffer relevant policy level recommendations for the implementation.

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Murphy, Alexander B. "Economic Regionalization and Pacific Asia." Geographical Review 85, no. 2 (April 1995): 127. http://dx.doi.org/10.2307/216058.

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Clem, Ralph S., and Leslie Dienes. "Soviet Asia: Economic Development and National Policy Choices." Geographical Review 79, no. 2 (April 1989): 257. http://dx.doi.org/10.2307/215543.

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Pomfret, Richard, and Kathryn Anderson. "Economic development strategies in Central Asia since 1991." Asian Studies Review 25, no. 2 (June 2001): 185–200. http://dx.doi.org/10.1080/10357820108713304.

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NAKAJIMA, Mineo. "Economic Development in East Asia and Confucian Ethics." Social Compass 41, no. 1 (March 1994): 113–19. http://dx.doi.org/10.1177/003776894041001009.

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Florentino, Rodolfo F., and Regina A. Pedro. "Nutrition and socio-economic development in Southeast Asia." Proceedings of the Nutrition Society 51, no. 1 (May 1992): 93–104. http://dx.doi.org/10.1079/pns19920014.

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Hahm, Chaibong, and Wooyeal Paik. "Legalistic Confucianism and Economic Development in East Asia." Journal of East Asian Studies 3, no. 3 (December 2003): 461–91. http://dx.doi.org/10.1017/s1598240800001600.

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One of the fascinating theoretical questions posed by the spread of industrialization and today's nation-state-building process is how these originally Western and quintessentially modern institutions come to take root in other civilizations. The question becomes even more intriguing when the process of adaptation is unusually swift and successful as in East Asia. In Japan, South Korea, Taiwan, and Singapore, the states and peoples had scant time to learn and absorb modern practices, norms, and concepts before undertaking, or being subjected to, countless reforms and revolutions in the name of “modernization.” How, or in what terms, did the people in this “great transformation” understand and interpret what they were doing? If the as-yet imperfectly understood concepts and values could not be appealed to, what resources—intellectual and ethico-moral—were at their disposal to use to motivate themselves and persuade others to undertake or endure such massive changes?

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Le, Thai-Ha, Youngho Chang, and Donghyun Park. "Economic development and environmental sustainability: evidence from Asia." Empirical Economics 57, no. 4 (June 15, 2018): 1129–56. http://dx.doi.org/10.1007/s00181-018-1494-8.

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Booth, Anne. "The economic development of Southeast Asia: 1870-1985." Australian Economic History Review 31, no. 1 (January 1991): 20–52. http://dx.doi.org/10.1111/aehr.311003.

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MIENO, Fumiharu. "Economic Development and Financial Cooperation in East Asia." TRENDS IN THE SCIENCES 27, no. 8 (August 1, 2022): 8_39–8_42. http://dx.doi.org/10.5363/tits.27.8_39.

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Journal articles on the topic 'Economic development Asia'

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