East Asia's dazzling growth is about to run into trouble
Article Abstract:
East Asia has seen extremely strong economic growth since the mid-1970s, with some countries having managed to double their per capita income every 10 years. However, there is now a growing awareness that economic growth in the region will have to begin slowing down eventually. Economic performance there has already become more patchy, with Hong Kong, Malaysia and Indonesia doing less well than the Philippines, China and Taiwan. There may be a short-term cyclical recovery, but it is likely that in the long term the region's growth will not be as strong as it has been in the past.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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Not wonderful, but better than most
Article Abstract:
It is important to realize that the collapse of East Asian emerging economies, although not particularly significant on a global scale, had a great impact on Japan, which had many economic links with East Asia. However, East Asia's economic problems should not have affected Japan as extensively as they have done. The link between emerging East Asia and Japan and between the collapses in Russia and Brazil and the rest of the world can be explained by stating that small pieces of bad news can become extremely important when they accumulate.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Where to expect a recovery in South-east Asia to start
Article Abstract:
It is possible that Thailand and South Korea will recover most rapidly from the economic collapse in east Asia, even though they were both very badly affected initially. In contrast, Malaysia still does not really have an economic reform programme capable of attracting foreign investors, and economic improvement is unlikely to take place in Indonesia until political changes take place. The future of Hong Kong remains uncertain, as it depends strongly on developments in China.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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