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Globalisation and the Asia-Pacific Revival

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  • Bigsten, Arne

    (Department of Economics, School of Economics and Commercial Law, Göteborg University)

Abstract

This paper reviews evidence on the evolution of international economic integration of Asia-Pacific countries, and discusses the extent to which this explains their recent growth success. It starts with a review of some theoretical arguments in the growth and globalisation debate, which is followed by a presentation of facts about Asia-Pacific international economic integration and growth relative to other regions of the world. Then we discuss the causes of the growth acceleration in the Asia-Pacific region and reflect on the relationships between policy reforms, openness, and per capita income growth. Finally, we draw some tentative conclusions about future growth in the region.

Suggested Citation

  • Bigsten, Arne, 2003. "Globalisation and the Asia-Pacific Revival," Working Papers in Economics 118, University of Gothenburg, Department of Economics.
    • Handle: RePEc:hhs:gunwpe:0118
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    File URL: http://hdl.handle.net/2077/2833
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    References listed on IDEAS

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    More about this item

    Keywords

    Asia-Pacific; growth; globalisation;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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