IDEAS home Printed from https://ideas.repec.org/a/sae/globus/v12y2011i2p237-246.html
   My bibliography  Save this article

East Asian Experience on Growth and Equity

Author

Listed:
  • Srinivas Kolluru

    (Srinivas Kolluru (corresponding author) is Assistant Professor at Institute of Public Enterprise, Osmania University Campus, Hyderabad, India. E-mail: kolluru03@gmail.com)

  • Bhanoji Rao

    (Bhanoji Rao is Visiting Professor at Lee Kuan Yew School of Public Policy, National University of Singapore, Singapore. E-mail: bhanoji@gmail.com)

Abstract

This article succinctly summarizes the growth experience of the four East Asian tiger economies (Hong Kong, Korea, Singapore and Taiwan) and three Association of South-East Asian Nations (ASEAN) states (Indonesia, Malaysia and Thailand). The crisis of 1997–98 had come to pass and the economies have returned to growth but not at the same tempo as in the earlier times. Several of the economies have experienced significantly reduced levels of poverty and visible inequalities. The degree of income inequality (measured by the Gini coefficient), however, stays more or less constant, with the level being especially low in economies that have taken steps to keep it low. A number of lessons and implications can be drawn from the experience of East Asia. Examples are the importance of an investor friendly economic climate, an efficient public sector; explicit advocacy of family limitation; ensuring the building up of infrastructure ahead of time; and minimising visible inequality and inequalities in opportunities.

Suggested Citation

  • Srinivas Kolluru & Bhanoji Rao, 2011. "East Asian Experience on Growth and Equity," Global Business Review, International Management Institute, vol. 12(2), pages 237-246, June.
    • Handle: RePEc:sae:globus:v:12:y:2011:i:2:p:237-246
    DOI: 10.1177/097215091101200204
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/097215091101200204
    Download Restriction: no
    File URL: https://libkey.io/10.1177/097215091101200204?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2009. "World Development Indicators 2009," World Bank Publications - Books, The World Bank Group, number 4367.
    2. Jong-il Kim, 2002. "Total Factor Productivity Growth in East Asia: Implications for the Future," Asian Economic Papers, MIT Press, vol. 1(2), pages 50-70.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aruni Mitra & Debasmita Das, 2018. "Inclusive Growth: Economics as if People Mattered," Global Business Review, International Management Institute, vol. 19(3), pages 756-770, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Okada, Keisuke, 2012. "The effects of female HIV/AIDS status on fertility and child health in Cambodia," Journal of Asian Economics, Elsevier, vol. 23(5), pages 560-570.
    2. Augustin Kwasi Fosu, 2010. "The Global Financial Crisis and Development: Whither Africa," WIDER Working Paper Series wp-2010-124, World Institute for Development Economic Research (UNU-WIDER).
    3. Chia-Lin Chang & Thanchanok Khamkaew & Michael McAleer, 2012. "IV Estimation of a Panel Threshold Model of Tourism Specialization and Economic Development," Tourism Economics, , vol. 18(1), pages 5-41, February.
    4. Nicola Banks, 2014. "What works for young people's development? A Case Study of BRAC's Empowerment and Livelihoods for Adolescent Girls programme in Uganda and Tanzania," Global Development Institute Working Paper Series 21214, GDI, The University of Manchester.
    5. Bhagowalia, Priya & Chen, Susan E. & Masters, William A., 2011. "Effects and determinants of mild underweight among preschool children across countries and over time," Economics & Human Biology, Elsevier, vol. 9(1), pages 66-77, January.
    6. Rosta, Miklós, 2013. "New Public Management: opportunity for the Centre, thread for the Periphery," MPRA Paper 68474, University Library of Munich, Germany.
    7. Cohen, Joseph N & Linton, April, 2010. "The historical relationship between inflation and political rebellion, and what it might teach us about neoliberalism," MPRA Paper 22522, University Library of Munich, Germany.
    8. an de Meulen, Philipp, 2011. "Labor Heterogeneity and the Risk of Expropriation in Less Developed Countries," Ruhr Economic Papers 298, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    9. Carlos Gaviria, 2011. "The Post-war International Food Order: The Case of Agriculture in Colombia," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 74, pages 119-150.
    10. Graus, Wina & Worrell, Ernst, 2011. "Methods for calculating CO2 intensity of power generation and consumption: A global perspective," Energy Policy, Elsevier, vol. 39(2), pages 613-627, February.
    11. Decancq, Koen & Ooghe, Erwin, 2010. "Has the world moved forward? A robust multidimensional evaluation," Economics Letters, Elsevier, vol. 107(2), pages 266-269, May.
    12. Axel Michaelowa & Katharina Michaelowa, 2011. "Climate business for poverty reduction? The role of the World Bank," The Review of International Organizations, Springer, vol. 6(3), pages 259-286, September.
    13. Joan Esteban & Massimo Morelli & Dominic Rohner, 2015. "Strategic Mass Killings," Journal of Political Economy, University of Chicago Press, vol. 123(5), pages 1087-1132.
    14. Valentina Vasile, 2009. "Minimum Wage Institution In The Financial And Economic Crisis. Policies And Practices.," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(11), pages 1-2.
    15. Jaejoon Woo & Manmohan S. Kumar, 2015. "Public Debt and Growth," Economica, London School of Economics and Political Science, vol. 82(328), pages 705-739, October.
    16. Gudrun Østby, 2016. "Rural–urban migration, inequality and urban social disorder: Evidence from African and Asian cities," Conflict Management and Peace Science, Peace Science Society (International), vol. 33(5), pages 491-515, November.
    17. Magdalena Janus & Sally Brinkman & Eric Duku, 2011. "Validity and Psychometric Properties of the Early Development Instrument in Canada, Australia, United States, and Jamaica," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 103(2), pages 283-297, September.
    18. Debapriya Bhattacharya & Lisa Borgatti, 2012. "An Atypical Approach to Graduation from the LDC Category: The Case of Bangladesh," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 13(1), pages 1-25, March.
    19. Diao, Xinshen & Breisinger, Clemens, 2010. "Foreign inflows and growth challenges for African countries," IFPRI discussion papers 967, International Food Policy Research Institute (IFPRI).
    20. de Groot, Rudolf & Brander, Luke & van der Ploeg, Sander & Costanza, Robert & Bernard, Florence & Braat, Leon & Christie, Mike & Crossman, Neville & Ghermandi, Andrea & Hein, Lars & Hussain, Salman & , 2012. "Global estimates of the value of ecosystems and their services in monetary units," Ecosystem Services, Elsevier, vol. 1(1), pages 50-61.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:globus:v:12:y:2011:i:2:p:237-246. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.imi.edu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.