Innovative East Asia : The Future of Growth

This is the main volume in a series of publications based on a study cosponsored by the government of Japan and the World Bank to examine the future sources of economic growth in East Asia. The study was initiated in 2000 with the objective of iden...

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Main Author: Yusuf, Shahid
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2013
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2003/03/2373378/innovative-east-asia-future-growth
http://hdl.handle.net/10986/15158
id okr-10986-15158
recordtype oai_dc
spelling okr-10986-151582021-04-23T14:03:11Z Innovative East Asia : The Future of Growth Yusuf, Shahid ACCOUNTING ACCOUNTING STANDARDS ADJUSTMENT PROCESS AGRICULTURE ANNUAL GROWTH ASSET MANAGEMENT AUTONOMY BALANCE OF PAYMENTS BALANCE SHEETS BANK OF THAILAND BANK RESTRUCTURING BANKING CRISES BANKING SECTOR BANKING SYSTEMS BILATERAL TRADE BOUNDARIES BUDGET DEFICITS CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL FORMATION CAPITAL INFLOWS CAPITAL MARKETS CENTRAL BANK CENTRAL BANKS CHARTING COMPETITION POLICY COMPETITIVENESS DEBT DEVELOPMENT INDICATORS DEVELOPMENT POLICY DEVELOPMENT RESEARCH DOMESTIC CREDIT DOMESTIC MARKETS DOMESTIC SAVINGS ECONOMIC ACTIVITY ECONOMIC COOPERATION ECONOMIC EXPANSION ECONOMIC GROWTH ECONOMIC HISTORY ECONOMICS EMERGING MARKETS EMPIRICAL EVIDENCE EMPLOYMENT EXCHANGE RATE EXPORT GROWTH EXPORTS EXTREME POVERTY FINANCIAL MARKETS FINANCIAL REFORM FINANCIAL SECTOR FINANCIAL SYSTEMS FISCAL DEFICITS FISCAL POLICY FOREIGN EXCHANGE FOUNDATIONS FREE TRADE GDP GDP DEFLATOR GROSS DOMESTIC PRODUCT GROSS FIXED CAPITAL FORMATION GROWTH RATES HUMAN CAPITAL IMPORT TARIFFS IMPORTS INCOME INDUSTRIAL CAPACITY INDUSTRIALIZATION INFLATION INSURANCE INTANGIBLE ASSETS LABOR FORCE LABOR MARKET LEGAL FRAMEWORK LINES LIQUIDITY MACROECONOMIC POLICIES MACROECONOMIC STABILITY MERGERS MONETARY POLICY MORAL HAZARD NONBANK FINANCIAL INSTITUTIONS NONPERFORMING LOANS OUTPUT VOLATILITY OVERVALUATION PATENTS PATH POINT POLICY IMPLICATIONS POLICY MEASURES POLICY MESSAGES POLITICAL CONSIDERATIONS POLITICAL ECONOMY POVERTY LINE POVERTY REDUCTION PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PRUDENTIAL REGULATIONS PUBLIC DEBT PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SPENDING RAPID GROWTH REAL EXCHANGE RATES RISK TAKING RURAL POOR SAFETY NET SAFETY NETS SAVINGS SCIENTISTS SIGNIFICANT REDUCTIONS SOCIAL PROTECTION SOCIAL SPENDING SOUTHEAST ASIA STATE-OWNED ENTERPRISES SUBSIDIARY TAX RATES TECHNOLOGICAL INNOVATION TELECOMMUNICATIONS TRADE LIBERALIZATION TRADE NEGOTIATIONS UNEMPLOYMENT URBANIZATION VALUE ADDED WAGES WELFARE GAINS WORLD TRADE ORGANIZATION WTO ECONOMIC GROWTH MACROECONOMIC STABILITY POLICY REFORM BANK RESTRUCTURING REGIONAL DEVELOPMENT EDUCATION & ECONOMIC DEVELOPMENT DOMESTIC REGULATORY FRAMEWORK JUDICIAL ADMINISTRATION LEGISLATION EMPLOYMENT INSTITUTIONAL REFORM This is the main volume in a series of publications based on a study cosponsored by the government of Japan and the World Bank to examine the future sources of economic growth in East Asia. The study was initiated in 2000 with the objective of identifying the most promising path to development in light of emerging global and regional changes, signaled by the crisis of 1997-98 and the challenges faced by the crisis-hit countries as they sought to resume rapid growth. This volume explores each issue and consequent policy choices in greater detail. The principal message is that sustained economic growth in East Asia will rest on retaining the strengths of the past -stability, openness, investment, human capital development- on overcoming the sources of current weakness in financial, corporate, judicial, and social sectors, and on implementing the changes required by the evolving economic environment. East Asia needs to sustain its hard-earned stability by recalibrating its fiscal and exchange rate policies. Strengthening social safety nets and governance, and invigorating financial, regulatory, and legal institutions. Yet these are only preconditions; future economic performance will depend on keying growth to productivity. 2013-08-19T16:14:21Z 2013-08-19T16:14:21Z 2003-03 http://documents.worldbank.org/curated/en/2003/03/2373378/innovative-east-asia-future-growth 0-8213-5356-X http://hdl.handle.net/10986/15158 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication East Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
ACCOUNTING STANDARDS
ADJUSTMENT PROCESS
AGRICULTURE
ANNUAL GROWTH
ASSET MANAGEMENT
AUTONOMY
BALANCE OF PAYMENTS
BALANCE SHEETS
BANK OF THAILAND
BANK RESTRUCTURING
BANKING CRISES
BANKING SECTOR
BANKING SYSTEMS
BILATERAL TRADE
BOUNDARIES
BUDGET DEFICITS
CAPITAL ADEQUACY
CAPITAL FLOWS
CAPITAL FORMATION
CAPITAL INFLOWS
CAPITAL MARKETS
CENTRAL BANK
CENTRAL BANKS
CHARTING
COMPETITION POLICY
COMPETITIVENESS
DEBT
DEVELOPMENT INDICATORS
DEVELOPMENT POLICY
DEVELOPMENT RESEARCH
DOMESTIC CREDIT
DOMESTIC MARKETS
DOMESTIC SAVINGS
ECONOMIC ACTIVITY
ECONOMIC COOPERATION
ECONOMIC EXPANSION
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMICS
EMERGING MARKETS
EMPIRICAL EVIDENCE
EMPLOYMENT
EXCHANGE RATE
EXPORT GROWTH
EXPORTS
EXTREME POVERTY
FINANCIAL MARKETS
FINANCIAL REFORM
FINANCIAL SECTOR
FINANCIAL SYSTEMS
FISCAL DEFICITS
FISCAL POLICY
FOREIGN EXCHANGE
FOUNDATIONS
FREE TRADE
GDP
GDP DEFLATOR
GROSS DOMESTIC PRODUCT
GROSS FIXED CAPITAL FORMATION
GROWTH RATES
HUMAN CAPITAL
IMPORT TARIFFS
IMPORTS
INCOME
INDUSTRIAL CAPACITY
INDUSTRIALIZATION
INFLATION
INSURANCE
INTANGIBLE ASSETS
LABOR FORCE
LABOR MARKET
LEGAL FRAMEWORK
LINES
LIQUIDITY
MACROECONOMIC POLICIES
MACROECONOMIC STABILITY
MERGERS
MONETARY POLICY
MORAL HAZARD
NONBANK FINANCIAL INSTITUTIONS
NONPERFORMING LOANS
OUTPUT VOLATILITY
OVERVALUATION
PATENTS
PATH
POINT
POLICY IMPLICATIONS
POLICY MEASURES
POLICY MESSAGES
POLITICAL CONSIDERATIONS
POLITICAL ECONOMY
POVERTY LINE
POVERTY REDUCTION
PRODUCERS
PRODUCTIVITY
PROPERTY RIGHTS
PRUDENTIAL REGULATIONS
PUBLIC DEBT
PUBLIC FUNDS
PUBLIC INVESTMENT
PUBLIC OFFICIALS
PUBLIC SECTOR
PUBLIC SPENDING
RAPID GROWTH
REAL EXCHANGE RATES
RISK TAKING
RURAL POOR
SAFETY NET
SAFETY NETS
SAVINGS
SCIENTISTS
SIGNIFICANT REDUCTIONS
SOCIAL PROTECTION
SOCIAL SPENDING
SOUTHEAST ASIA
STATE-OWNED ENTERPRISES
SUBSIDIARY
TAX RATES
TECHNOLOGICAL INNOVATION
TELECOMMUNICATIONS
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
UNEMPLOYMENT
URBANIZATION
VALUE ADDED
WAGES
WELFARE GAINS
WORLD TRADE ORGANIZATION
WTO ECONOMIC GROWTH
MACROECONOMIC STABILITY
POLICY REFORM
BANK RESTRUCTURING
REGIONAL DEVELOPMENT
EDUCATION & ECONOMIC DEVELOPMENT
DOMESTIC REGULATORY FRAMEWORK
JUDICIAL ADMINISTRATION
LEGISLATION
EMPLOYMENT
INSTITUTIONAL REFORM
spellingShingle ACCOUNTING
ACCOUNTING STANDARDS
ADJUSTMENT PROCESS
AGRICULTURE
ANNUAL GROWTH
ASSET MANAGEMENT
AUTONOMY
BALANCE OF PAYMENTS
BALANCE SHEETS
BANK OF THAILAND
BANK RESTRUCTURING
BANKING CRISES
BANKING SECTOR
BANKING SYSTEMS
BILATERAL TRADE
BOUNDARIES
BUDGET DEFICITS
CAPITAL ADEQUACY
CAPITAL FLOWS
CAPITAL FORMATION
CAPITAL INFLOWS
CAPITAL MARKETS
CENTRAL BANK
CENTRAL BANKS
CHARTING
COMPETITION POLICY
COMPETITIVENESS
DEBT
DEVELOPMENT INDICATORS
DEVELOPMENT POLICY
DEVELOPMENT RESEARCH
DOMESTIC CREDIT
DOMESTIC MARKETS
DOMESTIC SAVINGS
ECONOMIC ACTIVITY
ECONOMIC COOPERATION
ECONOMIC EXPANSION
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMICS
EMERGING MARKETS
EMPIRICAL EVIDENCE
EMPLOYMENT
EXCHANGE RATE
EXPORT GROWTH
EXPORTS
EXTREME POVERTY
FINANCIAL MARKETS
FINANCIAL REFORM
FINANCIAL SECTOR
FINANCIAL SYSTEMS
FISCAL DEFICITS
FISCAL POLICY
FOREIGN EXCHANGE
FOUNDATIONS
FREE TRADE
GDP
GDP DEFLATOR
GROSS DOMESTIC PRODUCT
GROSS FIXED CAPITAL FORMATION
GROWTH RATES
HUMAN CAPITAL
IMPORT TARIFFS
IMPORTS
INCOME
INDUSTRIAL CAPACITY
INDUSTRIALIZATION
INFLATION
INSURANCE
INTANGIBLE ASSETS
LABOR FORCE
LABOR MARKET
LEGAL FRAMEWORK
LINES
LIQUIDITY
MACROECONOMIC POLICIES
MACROECONOMIC STABILITY
MERGERS
MONETARY POLICY
MORAL HAZARD
NONBANK FINANCIAL INSTITUTIONS
NONPERFORMING LOANS
OUTPUT VOLATILITY
OVERVALUATION
PATENTS
PATH
POINT
POLICY IMPLICATIONS
POLICY MEASURES
POLICY MESSAGES
POLITICAL CONSIDERATIONS
POLITICAL ECONOMY
POVERTY LINE
POVERTY REDUCTION
PRODUCERS
PRODUCTIVITY
PROPERTY RIGHTS
PRUDENTIAL REGULATIONS
PUBLIC DEBT
PUBLIC FUNDS
PUBLIC INVESTMENT
PUBLIC OFFICIALS
PUBLIC SECTOR
PUBLIC SPENDING
RAPID GROWTH
REAL EXCHANGE RATES
RISK TAKING
RURAL POOR
SAFETY NET
SAFETY NETS
SAVINGS
SCIENTISTS
SIGNIFICANT REDUCTIONS
SOCIAL PROTECTION
SOCIAL SPENDING
SOUTHEAST ASIA
STATE-OWNED ENTERPRISES
SUBSIDIARY
TAX RATES
TECHNOLOGICAL INNOVATION
TELECOMMUNICATIONS
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
UNEMPLOYMENT
URBANIZATION
VALUE ADDED
WAGES
WELFARE GAINS
WORLD TRADE ORGANIZATION
WTO ECONOMIC GROWTH
MACROECONOMIC STABILITY
POLICY REFORM
BANK RESTRUCTURING
REGIONAL DEVELOPMENT
EDUCATION & ECONOMIC DEVELOPMENT
DOMESTIC REGULATORY FRAMEWORK
JUDICIAL ADMINISTRATION
LEGISLATION
EMPLOYMENT
INSTITUTIONAL REFORM
Yusuf, Shahid
Innovative East Asia : The Future of Growth
geographic_facet East Asia
description This is the main volume in a series of publications based on a study cosponsored by the government of Japan and the World Bank to examine the future sources of economic growth in East Asia. The study was initiated in 2000 with the objective of identifying the most promising path to development in light of emerging global and regional changes, signaled by the crisis of 1997-98 and the challenges faced by the crisis-hit countries as they sought to resume rapid growth. This volume explores each issue and consequent policy choices in greater detail. The principal message is that sustained economic growth in East Asia will rest on retaining the strengths of the past -stability, openness, investment, human capital development- on overcoming the sources of current weakness in financial, corporate, judicial, and social sectors, and on implementing the changes required by the evolving economic environment. East Asia needs to sustain its hard-earned stability by recalibrating its fiscal and exchange rate policies. Strengthening social safety nets and governance, and invigorating financial, regulatory, and legal institutions. Yet these are only preconditions; future economic performance will depend on keying growth to productivity.
format Publications & Research :: Publication
author Yusuf, Shahid
author_facet Yusuf, Shahid
author_sort Yusuf, Shahid
title Innovative East Asia : The Future of Growth
title_short Innovative East Asia : The Future of Growth
title_full Innovative East Asia : The Future of Growth
title_fullStr Innovative East Asia : The Future of Growth
title_full_unstemmed Innovative East Asia : The Future of Growth
title_sort innovative east asia : the future of growth
publisher Washington, DC: World Bank
publishDate 2013
url http://documents.worldbank.org/curated/en/2003/03/2373378/innovative-east-asia-future-growth
http://hdl.handle.net/10986/15158
_version_ 1764425691504312320