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Economic Openness: Growth and Recovery in Asia

dc.date.accessioned2015-03-18T12:23:46Z
dc.date.available2015-03-18T12:23:46Z
dc.date.issued2015-02-15
dc.identifier.urihttp://hdl.handle.net/11540/2618
dc.description.abstractThe ADEs' best route for ensuring economic growth and pros-perity is through openness and liberal economic policies. Economic theory and empirical evidence clearly demonstrate that outward-oriented trade policies should be a central part of de¬velopment strategies in poor countries. The financial crisis does not change this; however, it does raise questions about the desirability of completely free capital movement and full capital account convertibility. ADEs should take a proactive rather than a reactive approach to multilateral trade negotiations. To maximize the benefits of economic openness as East and Southeast Asia emerge from the financial crisis, the ADEs should push collectively for a comprehen¬sive round of multilateral trade negotiations and develop a common negotiating strategy to promote Asian interests. Many of the prod¬ucts that the ADEs export still remain subject to high tariffs.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleEconomic Openness: Growth and Recovery in Asia
dc.typeBriefs
dc.subject.expertDevelopment Economics
dc.subject.expertRegional Economic Development
dc.subject.expertEconomic Impact
dc.subject.expertAsian Development Bank
dc.subject.expertDevelopment
dc.subject.expertEconomic Boom
dc.subject.expertRegional Economic Integration
dc.subject.expertGood Governance
dc.subject.expertGovernance Approach
dc.subject.adbEconomic planning
dc.subject.adbEconomic structure
dc.subject.adbGrowth policy
dc.subject.adbTrade relations
dc.subject.adbTrade policy
dc.subject.adbTrade policy
dc.subject.adbEconomic development
dc.subject.adbEconomies in transition
dc.subject.adbInternational economy
dc.subject.adbBorder integration
dc.subject.adbEconomic integration
dc.subject.adbGross domestic product
dc.subject.adbTrade policy
dc.subject.adbInstitutional Framework
dc.subject.adbPublic Administration
dc.subject.adbBusiness Ethics
dc.subject.naturalRegional economics
dc.subject.naturalEconomic forecasting
dc.subject.naturalEconomic development projects
dc.subject.naturalSuccess in business
dc.subject.naturalBusiness
dc.subject.naturalFree trade
dc.subject.naturalBusiness
dc.subject.naturalEconomics
dc.subject.naturalCommunication in economic development
dc.subject.naturalRestraint of trade
dc.subject.naturalInternational economic integration
dc.subject.naturalTrade blocs
dc.subject.naturalEast-West trade
dc.title.seriesEDRC Briefing Notes
dc.title.volume9
dc.contributor.imprintAsian Development Bank
oar.themeEconomics
oar.themeGovernance
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-002926
oar.authorAsian Development Bank
oar.importtrue
oar.googlescholar.linkpresenttrue


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