An East Asian Renaissance: Ideas for Economic Growth

By I. Gill, Homi Kharas. 2007

757 citations recorded by the source corpus.

The region has been transformed by these developments, changing from a set of countries that rapidly integrated with the world to one that is also aggressively exploiting the sources of dynamism that lie within Asia. But countries in East Asia now face the domestic side-effects of rapid growth driven by international integration: congestion, conflict, and corruption. The challenge now is to complement global and regional integration with domestic integration. This requires ensuring vibrant cities that are not only linked to the outside world but also well-integrated domestically, strengthening social cohesion and reducing inequality, and providing clean governments which efficiently reinvest the economic returns that accompany fast growth.

Subfields: Development

View Paper: https://www.semanticscholar.org/paper/3f581cc3ef851fa882fc41471811f9a9d7019b13

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In Development

1. H. Kohli
2. Homi Kharas
3. G. Mcdermott
4. Ram Mudambi
5. Benny Schneider

Citations in the corpus

• What Is the Middle Income Trap, Why do Countries Fall into It, and How Can It Be Avoided? (2011, background): “We draw satisfaction from the fact that some of our previous writings (Gill and Kharas, 2008; Kohli et al. 2009) (co-authored with other colleagues) seem to have helped popularize this term.”
• The Middle-Income Trap Turns Ten (2015, background): “Figure 1, which is an updated version of a graph in Gill and Kharas (2007), shows how five economies in Latin America—Argentina, Brazil, Chile, Colombia and Mexico—that had grown reasonably rapidly from 1950 to the mid-1970s, then stagnated.”
• Innovation in and from emerging economies: New insights and lessons for international business research (2021, background): “2A large literature has arisen to explain the failure of a number of countries to catch-up, including a nascent (and somewhat controversial) literature on the ‘middle-income trap’ (Felipe, Kumar & Galope, 2017; Gill & Kharas, 2007; Doner & Schneider, 2016).”
• The Middle-Income Trap: More Politics than Economics (2016, background): “2013: 16-17), corruption, and shallow financial systems (Gill and Kharas 2007).”
• Caught in the Middle? The Economics of Middle-Income Traps (2017, neutral): “See Iwaisako (2002), Azariadis (2006), Azariadis and Stachurski (2005), Kuwahara (2007, 2013), Guillaumont (2009), Agénor and Aizenman (2010), Bénassy and Brezis (2013)), Wang and Wang (2013), Agénor (2015), and Ghatak (2015) for recent contributions to, and discussion of, the literature on poverty ”
• Does Corporate Governance Influence Earnings Management in Latin American Markets? (2014, background): “The specific characteristics of Latin American countries make it also interesting to analyze the country governability level, because corruption is prevalent in emerging countries, affecting the effective function of governments and economies (Gill and Kharas 2007; Aidt 2009).”