Why East Asian Economies Have Been Sucessful: Some Lessons For Other Developing Countries

By almost any standard, the countries of East Asia have outperformed other developing countries over the past three decades. While there is no "Asian Model" of development, there are some common threads that run through the development experiences of East Asian countries. These include an outward-looking strategy, intrusive but market-oriented government policies, macroeconomic policies that encourage savings and investment, and a social consensus for economic growth. The positive experience of East Asian countries has begun to influence policymakers in other developing regions.

Trade and Industrialization Policies for an Accelerated Development in Pakistan

Pakistan achieved high rates of economic growth from the mid-1970s. Growth was faciitated by the external circumstances that relaxed the balance-of-payments constraints. However, growth was not accompanied by an improved social development Moreover, as the external circumstances worsened, the underlying macro-economic imbalances emerged and the growth slowed down. The paper assesses how the domestic and international economic policies might be adjusted to attain a more sustainable pattern of development.

Conference and Exposition on U.S. Training for Trade and Economic Development in Asia and the Pacific (1988 : Honolulu)

For more about the East-West Center, see http://www.eastwestcenter.org/Executive summary of papers commissioned for conference "A Conference and Exposition on U.S. Training for Trade and Economic Development in Asia and the Pacific", held in Honolulu, April 5-8, 1988

Income distribution and poverty alleviation for the native Hawaiian community

For more about the East-West Center, see http://www.eastwestcenter.org/Since 2000, Hawaii's economy has done relatively well over time and the State's per capita personal income is higher than the U.S. level. Hawaii's poverty rate is also lower than the mainland's. But in the midst of this prosperity, Native Hawaiians have substantially higher poverty rates. This study examines income distribution and its relation to poverty by using the Lorenz Curve, Gini Coefficient and Kuznets Ratio. First, our research reveals that poverty rates are higher and per capita income lower among Native Hawaiians although income distribution among Hawaiians has been about the same as it is for non-Hawaiian groups. An interesting finding is that income distribution at the household and family level is substantially better than at the individual level for Native Hawaiians. This may reflect the sense of family and community that Hawaiians call the Ohana spirit. An examination of the income component reveals that income and savings are very low among Native Hawaiians, making it difficult for them to borrow capital from private banks and start businesses. Possible factors for low income could be the ratio of Native Hawaiians graduating from business, science and technology majors are lower than other groups and Native Hawaiian run business' income as well as number of businesses is much lower than the State average. Finally, this study concludes by considering micro-finance concepts created by the Grameen Bank as one possible solution to allowing Native Hawaiians to participate more in business and increase income levels

Asian and Pacific Developing Countries: Performance and Issues

The 28 developing member countries (DMCs) of the Asian Development Bank vary greatly in size, wealth and natural resources; in the degree of their reliance on external oil supplies; and in the extent to which their dependence on agriculture has been reduced through the establishment of manufacturing industries. But those differences should not be allowed to obscure the features they share or the fact that, where similar levels of development and broadly similar economic conditions exist, it is possible to identify a number of significant problems they face in common