An East Asian Renaissance : Ideas for Economic Growth
The region has been transformed by these developments, changing from a set of countries that rapidly integrated with the world to one that is also aggressively exploiting the sources of dynamism that lie within Asia. But countries in East Asia now...
Main Authors: | , |
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Other Authors: | |
Format: | Publication |
Language: | English en_US |
Published: |
Washington, DC: World Bank
2012
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Online Access: | http://documents.worldbank.org/curated/en/2007/01/8683512/east-asian-renaissance-ideas-economic-growth http://hdl.handle.net/10986/6798 |
Summary: | The region has been transformed by these
developments, changing from a set of countries that rapidly
integrated with the world to one that is also aggressively
exploiting the sources of dynamism that lie within Asia. But
countries in East Asia now face the domestic side-effects of
rapid growth driven by international integration:
congestion, conflict, and corruption. The challenge now is
to complement global and regional integration with domestic
integration. This requires ensuring vibrant cities that are
not only linked to the outside world but also
well-integrated domestically, strengthening social cohesion
and reducing inequality, and providing clean governments
which efficiently reinvest the economic returns that
accompany fast growth. |
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