The Asian Economies in the Twentieth Century

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The Asian Economies in the Twentieth Century

9781840640458 Edward Elgar Publishing
Edited by the late Angus Maddison, formerly of the University of Groningen, The Netherlands, D.S. Prasada Rao, Professor and Australian Research Council Professorial Fellow, School of Economics, The University of Queensland, Brisbane, Australia and William Shepherd, Emeritus Professor, Griffith University, Australia
Publication Date: 2002 ISBN: 978 1 84064 045 8 Extent: 264 pp
The rapidly increasing importance of China, India, Indonesia, Japan, South Korea and Taiwan both in Asia and in the world economy, represents a trend that is set to continue into the 21st century.

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The rapidly increasing importance of China, India, Indonesia, Japan, South Korea and Taiwan both in Asia and in the world economy, represents a trend that is set to continue into the 21st century.

This book provides an authoritative assessment of the 20th century performance of these countries, and in particular the factors contributing to the acceleration of Asian growth in the latter part of the century. The contributors look at Asia within a global perspective and detailed comparisons are drawn with Australia and the USA. Contributions from leading experts offer a comprehensive review of the procedures necessary to establish valid international comparisons for countries with very different economic histories and levels of development. These include methods of growth performance measurement and techniques of growth accounting.

The Asian Economies in the Twentieth Century will be an indispensable new tool for policy analysts, international agencies and academic researchers.
Critical Acclaim
‘. . . this book should be on the shelf of economists and economic historians interested in Asia.’
– J. Thomas Lindblad, Bulletin of Indonesian Economic Studies

‘. . . this is a valuable collection of papers, which students of long-term economic growth in Asia will certainly need to read and ponder. Sceptics of historical national accounting may not be completely won over, but they will be forced to acknowledge that we can learn much from careful quantitative studies of the kind presented here.’
– Anne Booth, The World Economy

‘It would be a useful addition to faculty libraries in social science and business faculties. . . A book with a strong focus like this one and a wide regional range makes it a strong candidate for library purchase.’
– Malcolm Warner, Asia Pacific Business Review
Contributors
Contributors: B. Lee, A. Maddison, D. Pilat, D.S.Prasada Rao, W.F. Shepherd, S. Sivasubramonian, M.P. Timmer, B. van Ark, P. van der Eng, H.X. Wu
Contents
Contents: 1. Introduction: Measuring Asian Performances 2. The International Comparison of Real Product and Productivity 3. International Comparison of Farm Sector Performance: Methodological Options and Empirics Findings for Asia-Pacific Economies, 1900–94 4. A Comparison of Real Output and Productivity Levels in Australian and United States Manufacturing, 1970–95 5. Industrial Output and Labour Productivity in China 1949–94: A Reassessment 6. Twentieth Century Economic Performance of India 7. Indonesia’s Growth Performance in the Twentieth Century 8. The Long-term Performance of the Japanese Economy 9. Realising Growth Potential: South Korea and Taiwan, 1960 to 1998 Index

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