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Industrial Policy and Development in the ASEAN Countries

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  • Romeo M. Bautista

    (School of Economics, University of the Philippines Diliman)

Abstract

This paper describes the evolution of industrial policy and development in each of the ASEAN countries, indicating also the general thrusts of recent industrial promotion policies in the region. Because trade policies form a part, and in the context of the ASEAN countries a major part, of the overall policy climate affecting the performance of manufacturing industries, the discussion of industrial policy inevitably includes the incentive effects of foreign trade regimes adopted. The discussion then shifts to the Korean industrialization experience from which some lessons are drawn that could provide guidance for ASEAN policymakers. This is followed by an examination of potential areas for industrial complementary and trade expansion between the ASEAN and the Asian NICs, given the rising protectionism in the industrialized countries. The paper ends with some general remarks on the possibilities for promoting mutually beneficial development through trade in manufactures among the NICs and the "near-NICs" (including the ASEAN countries) under the constraint for continuing restrictions in access to industrialized country markets.

Suggested Citation

  • Romeo M. Bautista, 1983. "Industrial Policy and Development in the ASEAN Countries," UP School of Economics Discussion Papers 198303, University of the Philippines School of Economics.
    • Handle: RePEc:phs:dpaper:198303
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    Cited by:

    1. repec:ilo:ilowps:241947 is not listed on IDEAS
    2. Pernia EM., 1985. "Migration, development and employment in East and southeast Asia: patterns and implications," ILO Working Papers 992419473402676, International Labour Organization.
    3. Nedelyn Magtibay-Ramos & Gemma Estrada & Jesus Felipe, 2008. "An Input-Output Analysis of the Philippine BPO Industry," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 22(1), pages 41-56, May.
    4. Bautista, Romeo M., 1988. "Agricultural Incentives and Macroeconomic Linkages In Asia," 1988 Conference, August 24-31, 1988, Buenos Aires, Argentina 183154, International Association of Agricultural Economists.

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