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New Structure of the Asian Economy for Trade and Resiliency

In: The Dynamics of Asian Economic Development

Author

Listed:
  • Hitoshi Hirakawa

    (Nagoya University)

  • Ferdinand C. Maquito

    (University of the Philippines Los Baños)

Abstract

Emerging and developing economies cannot achieve development separate from the international order and the international environment created by the development stages of the capitalist market economy. Emerging and developing economies in Asia have built their own industries and societies in line with the development mechanisms of the global economy that have been given to them. This chapter summarizes the chapters discussed so far, and summarizes the development process and current status of Asian economies and their challenges. Next, we present a multi-layered cognitive framework for the world economy that takes a comprehensive bird’s-eye view of its development, confirms the contemporary characteristics of development, and explores the challenges at the current stage.

Suggested Citation

  • Hitoshi Hirakawa & Ferdinand C. Maquito, 2024. "New Structure of the Asian Economy for Trade and Resiliency," Springer Books, in: The Dynamics of Asian Economic Development, chapter 0, pages 505-521, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-3106-0_13
    DOI: 10.1007/978-981-97-3106-0_13
    as

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