Economic Growth in the Asia Pacific Region PDF
272 Pages·1999·1.524 MB·English
Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.
Preview Economic Growth in the Asia Pacific Region
Description:
This book seeks to account for what James H. Gapinski calls the "miraculous" growth of Asian economies. He examines several major determinants of growth, including capital quantity (gross investment and physical depreciation), capital quality (embodied technical progress), labor quantity (employment), labor quality (education), international trade (exports and openness), and total factor productivity (growth not accounted for by capital and labor quantity). The book begins by providing an orientation to the region, discussing basic conditions and historical events. Part II gives the theory, facts, and explanation of growth, a main issue being productivity convergence. The author’s analysis of growth determinants provides a natural framework from which to examine major issues that bear on Asian Pacific growth in the future, so the third part examines Hong Kong’s growth under reversion to China and inquires into the growth consequences of the Asian currency crisis. Along the way, Gapinski examines implications for policy-makers of the current growth trends.
See more
The list of books you might like
Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.
