Izotov D.A., Kucheryavenko V.E. - Economic Development of Newly Industrialized Countries in Asia
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Izotov D.A., Kucheryavenko V.E. Economic Development of Newly Industrialized Countries in Asia: from Crisis to Crisis / D.A. Izotov, V.E. Kucheryavenko ; ed. by V.V. Kuchuk ; Rus. Acad. Sci., Far East. Branch, Econ. Research Inst. - Khabarovsk : Publ. house «ARNO», 2009. - 124 p. |
The economic development processes of newly industrialized countries (NICs) in East Asia during 1998-2008 are reviewed. The trends in the macroeconomic policy, investment and foreign trade regulation are studied. Specific features of the economic mechanisms of each of the NICs, as well as general trends, prospects and problems of further development are revealed. Particular consideration is given to the negative impact of the global economic crisis that began in the fourth quarter of 2008.
The volume is intended for researchers, graduate
students, specialists of public administration, university students of
economics.
Key words: newly industrialized countries, globalization, economic growth, foreign trade, investment, crisis, foreign markets, the Republic of Korea, Taiwan, Hong Kong (Siangan), Singapore.
CONTENTS
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Introduction |
9 |
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Chapter 1. POST-CRISIS RECOVERY AND GROWTH OF NEWLY INDUSTRIALIZED COUNTRIES DURING 1998-2008 |
13 |
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1.1. General economic indicators |
13 |
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1.2. Labor market |
16 |
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1.3. Inflation rate |
18 |
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1.4. Economic structure |
19 |
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1.5. Investment |
27 |
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1.6. Gold and foreign exchange reserves |
30 |
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1.7. Long-term prospects of economic development |
31 |
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Chapter 2. GLOBALIZATION OF NEWLY INDUSTRIALIZED ECONOMIES DURING 1998-2008 |
37 |
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2.1. Foreign trade dynamics |
37 |
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2.2. Foreign investment |
64 |
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Chapter 3. MANIFESTATIONS OF THE WORLD ECONOMIC CRISIS IN NEWLY INDUSTRIALIZED COUNTRIES |
77 |
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Conclusion |
90 |
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Appendix 1. Social indicators of Hong Kong SAR, China |
92 |
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Appendix 2. Social indicators of Singapore |
98 |
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Appendix 3. Social indicators of Taiwan |
104 |
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Appendix 4. Social indicators of the Republic of Korea |
111 |
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References |
118 |