Emerging Southeast Asia : A study in growth and stagnation

Since 2000, Southeast Asia has had some of the fastest growing economies in the world. Indonesia’s economy has enjoyed 6 percent annual growth—but will its lack of infrastructure and its commodity dependence soon reveal some cracks in its economy? The remarkable growth in the Philippines will not la...

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Tác giả chính: Fryer, Donald W.
Định dạng: Sách
Ngôn ngữ:Undetermined
Được phát hành: New York McGraw-Hill 1970
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Các nhãn: Thêm thẻ
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Thư viện lưu trữ: Trung tâm Học liệu Trường Đại học Cần Thơ
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245 2 |b A study in growth and stagnation 
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520 |a Since 2000, Southeast Asia has had some of the fastest growing economies in the world. Indonesia’s economy has enjoyed 6 percent annual growth—but will its lack of infrastructure and its commodity dependence soon reveal some cracks in its economy? The remarkable growth in the Philippines will not last unless domestic investment is elevated. Thailand’s growth has stalled amid political turmoil, and it is currently in a classic credit bubble. Vietnam still generates impressive growth, but it has a banking problem, high inflation, and ubiquitous corruption. Are these four countries in danger of becoming ensnared in the classic middle-income trap (MIT)—the oft-observed slowdown in growth that occurs once developing countries reach middle-income levels? This Heritage Foundation Special Report explores these countries’ MIT risks—and explains how they can avoid, or escape, this trap. 
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