Export Growth and Industrial Policy: Lessons from the East Asian Miracle Experience
dc.contributor.author | John Weiss | |
dc.date.accessioned | 2015-04-10T10:16:11Z | |
dc.date.available | 2015-04-10T10:16:11Z | |
dc.date.issued | 2005-02-15 | |
dc.identifier.uri | http://hdl.handle.net/11540/3614 | |
dc.description.abstract | The lessons from the high growth or ‘Miracle’ experience of the newly industrialized economies (NIEs) have been discussed extensively. This paper focuses on a particular and controversial aspect of this story – role of export growth and industrial policy – with the latter defined broadly to cover a range of interventions to change the structure and raise the growth of exports. It asks what are the lessons for today’s policy-makers in the East Asian region from this experience. The international environment is now very different from the early 1960’s, when the rapid growth of manufactured exports from the first tier NIEs started to arrive on world markets. Forces of globalization of both trade and capital flows are now much stronger, intra-regional trade is now far more significant and transnational firms have now established elaborate production networks, both globally and within the region. The rules and dispute procedures governing international trade have been strengthened by the emergence of the World Trade Organization (WTO). Also ideas relating to economic policy and the most effective means of stimulating economic development are now very different with a greater awareness of the potential costs of interventions to control or over-ride markets. Nonetheless the paper suggests there are some policy lessons from this look at recent economic history, which are different for economies at different stages of development. | |
dc.language | English | |
dc.publisher | Asian Development Bank | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo | |
dc.title | Export Growth and Industrial Policy: Lessons from the East Asian Miracle Experience | |
dc.type | Working Papers | |
dc.subject.expert | Levels Of Education | |
dc.subject.expert | Foreign Trade Policy | |
dc.subject.expert | Trade Negotiations | |
dc.subject.adb | Economics of education | |
dc.subject.adb | Economic integration | |
dc.subject.adb | Trade data interchange | |
dc.subject.natural | Educational innovations | |
dc.subject.natural | Global trade | |
dc.subject.natural | Mass media and business | |
dc.title.series | ADBI Working Paper Series | |
dc.title.volume | 26 | |
dc.contributor.imprint | Asian Development Bank | |
oar.theme | Education | |
oar.theme | Trade | |
oar.adminregion | Asia and the Pacific Region | |
oar.country | Bangladesh | |
oar.country | Bhutan | |
oar.country | India | |
oar.country | Maldives | |
oar.country | Nepal | |
oar.country | Sri Lanka | |
oar.country | Brunei Darussalam | |
oar.country | Cambodia | |
oar.country | Indonesia | |
oar.country | Lao People's Democratic | |
oar.country | Malaysia | |
oar.country | Myanmar | |
oar.country | Philippines | |
oar.country | Singapore | |
oar.country | Thailand | |
oar.country | Viet Nam | |
oar.country | Cook Islands | |
oar.country | Fiji Islands | |
oar.country | Kiribati | |
oar.country | Marshall Islands | |
oar.country | Federated States of Micronesia | |
oar.country | Nauru | |
oar.country | Palau | |
oar.country | Papua New Guinea | |
oar.country | Samoa | |
oar.country | Solomon Islands | |
oar.country | Timor-Leste | |
oar.country | Tonga | |
oar.country | Tuvalu | |
oar.country | Vanuatu | |
oar.country | Afghanistan | |
oar.country | Armenia | |
oar.country | Azerbaijan | |
oar.country | Georgia | |
oar.country | Kazakhstan | |
oar.country | Kyrgyz Republic | |
oar.country | Pakistan | |
oar.country | Tajikistan | |
oar.country | Turkmenistan | |
oar.country | Uzbekistan | |
oar.country | People's Republic of China | |
oar.country | Hong Kong | |
oar.country | China | |
oar.country | Republic of Korea | |
oar.country | Mongolia | |
oar.country | Taipei,China | |
oar.identifier | OAR-004364 | |
oar.author | Weiss, John | |
oar.import | true | |
oar.googlescholar.linkpresent | true |
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The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.