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It is often claimed that what is popularly known as the "flying geese paradigm" of dynamic comparative advantage has accurately depicted the East Asian catching-up process. This paper presents a critical study of the paradigm, as well as its application to the current situation in East Asia...
Persistent link: https://www.econbiz.de/10015221110
The paper presents a brief theoretical and historical explanation of the transformative process of the Japanese economy from a stagnant agrarian society to a modern industrial one. Specifically, it analyzes the role of agriculture in the early stage of Japan's development in the last three...
Persistent link: https://www.econbiz.de/10015232078
In recent decades, national income has become increasingly important as a measure of a nation’s economic health. In this study, we used a wide array of primary and secondary sources to arrive at values of the Chinese per capita gross domestic product (GDP) during the period of 1661–1933. We...
Persistent link: https://www.econbiz.de/10015251680
After World War II, and in particular during the 1960s and the 1970s, many developing countries began their industrial revolution path. In particular, most of them followed a path of government-led industrial development, with central planning at the heart of the industrial policy. Such a model...
Persistent link: https://www.econbiz.de/10015249691
The paper examines the rationale behind the Government of India's decision to initiate the manufacture of penicillin through collaboration with specialized agencies of the United Nations. Initially the expectation had been that collaboration was essential with one of the prominent transnational...
Persistent link: https://www.econbiz.de/10015259026
The establishment of the Government Industrial Institute in Madras in 1919 coincided with the development of chemical engineering as a distinct discipline at the Massachusetts Institute of Technology. It would thus be unhistorical to expect that ready made chemical engineering expertise would...
Persistent link: https://www.econbiz.de/10015238650
Chalmers Johnson’s book argues that it was one aspect of the Japan-U S relationship, namely, the relatively cheap import of advanced technology, and the ability, largely of the Japanese Ministry of International Trade and Industry (MITI), to ensure the absorption of this technology, which...
Persistent link: https://www.econbiz.de/10015256045
This articple presents a historical macroeconomic perspective to present a brief analysis on why the Philippines is performing the way it does today.
Persistent link: https://www.econbiz.de/10015232964
This study explores the determinants of economic growth in 17 East Asia-Pacific countries from 2004 to 2023, analyzing the effects of capital, labor, digitalization, financial development, natural resources, and trade openness. Utilizing a suite of statistical and econometric...
Persistent link: https://www.econbiz.de/10015213839
The collapse of the Mughal Empire in Rajasthan during the first half of the 18th century initiated important reconfigurations in its polity, society and economy. Emergence of regional political order and a new notion of commercialisation widened the sphere of engagements of merchants and traders...
Persistent link: https://www.econbiz.de/10015267186