Bibliographic Information

Trade and structural change in Pacific Asia

edited by Colin I. Bradford, Jr. and William H. Branson

(A National Bureau of Economic Research conference report)

University of Chicago Press, 1987

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Note

Papers from a symposium entitled "Global implications of the trade patterns of East and Southeast Asia, held in Kuala Lumpur, Malaysia, Jan. 4-6, 1984 sponsored by the National Bureau of Economic Research and the Malaysian Economic Association

Includes indexes

Description and Table of Contents

Description

The rapid development of Pacific Asia over the past twenty years offers an excellent opportunity to analyze the dynamics of economic growth. Trade and Structural Change in Pacific Asia explores the nature and causes of changes that have occurred in the economic structure of Pacific Asia, the relationship between these changes and economic growth, and the implications of these changes for trading relationships. Themes in the research reported here includes the sectoral composition of output and trade; rates of structural change in production and exports and their relation to economic growth; the effect of abundant resource endowments on industrialization and manufactured exports; the nature of the mix between active government policies and market forces; and the balance between demand-determined and supply-determined industrialization and exports. Many of the issues explored have important implications for United States foreign economic policy, and the volume includes a look at the basic economic and political forces influencing shifts in United States trade policy in the postwar period. A timely and informative analysis, the volume probes the causes and consequences of economic growth in Pacific Asia, focusing on the interaction of exports of manufactured goods and the developmental process. The results reported contribute to ongoing research in structural change and economic policy and will be important to economists working on empirical patters in international trade and the process of economic development.

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