Theme curator: Felipe, Jesus

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Asia's Economic Transformation

Top think tanks address on this page the real-world economic issues of long-run growth in Asia, the dynamics of structural change, industrial policy, the impact of technology on employment, productivity, and functional distribution of income.

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  • The Debate about the Sources of Growth in East Asia after a Quarter of a Century: much ado about nothing 

    Felipe, Jesus; McCombie, John (Asian Development Bank, 2017-05-30)
    This paper reviews what the profession has learned during the last 25 years about East Asia’s growth using growth accounting exercises and estimations of production functions. The publication of Alwyn Young’s (1992, 1994, 1995) and Jong-Il Kim and ...
  • Transforming Towards a High-Income People's Republic of China: Challenges and Recommendations 

    Asian Development Bank (Asian Development Bank, 2017-06-30)
    The People’s Republic of China (PRC) has experienced stellar economic performance over the last 3 decades. Gross domestic product growth has averaged 10% per year. Per capita income has increased by a factor of 13. Life expectancy at birth increased ...