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Academic Economic Opinion in East Asia

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  • Malcolm Anderson
  • Richard Blandy
  • Sarah Carne

Abstract

Surveys of economists' opinions have been reported from around the world over the past two decades, but never (as far as we are aware) from a non‐Western country. This article presents the results of our survey of academic economists drawn from ten East Asian nations. Respondents gave their views on a number of economic propositions ranging across issues of deregulation, government business enterprises, micro‐economic and labour market reform, income distribution, and attitudes to the market. Finally, the article reports the results of multidimensional scaling techniques which were used to compare the attitudes of East Asian academic economists toward the market with those of their international colleagues. Overall, we found that while our colleagues in Asia make some allowances for circumstances unique to fast‐growing developing economies, their predilection toward market solutions to economic problems reflects that of their (predominantly) Western training. Economists in the ‘Tiger’ nations (Hong Kong, Singapore, Taiwan and South Korea) more closely reflect the views of colleagues in the market‐friendly West (especially North America, Australia and Germany) than do economists in the newly emerging (‘non‐Tiger’) nations such as Malaysia, Thailand, Indonesia and the Philippines.

Suggested Citation

  • Malcolm Anderson & Richard Blandy & Sarah Carne, 1993. "Academic Economic Opinion in East Asia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 26(3), pages 5-19, July.
    • Handle: RePEc:bla:ausecr:v:26:y:1993:i:3:p:5-19
    DOI: 10.1111/j.1467-8462.1993.tb00791.x
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    Cited by:

    1. Niclas Berggren & Henrik Jordahl & Charlotta Stern, 2009. "The Political Opinions of Swedish Social Scientists," Finnish Economic Papers, Finnish Economic Association, vol. 22(2), pages 75-88, Autumn.
    2. Daniel B. Klein & Charlotta Stern, 2007. "Is There a Free‐Market Economist in the House? The Policy Views of American Economic Association Members," American Journal of Economics and Sociology, Wiley Blackwell, vol. 66(2), pages 309-334, April.
    3. Klein, Daniel B. & Stern, Charlotta, 2005. "Narrow-Tent Democrats and Fringe Others: The Policy Views of Social Science Professors," Working Paper Series 8/2005, Stockholm University, Swedish Institute for Social Research.

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