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Full-Text Articles in Social and Behavioral Sciences
Explaining The Growth Performances Of Asian Developing Economies, David Lim
Explaining The Growth Performances Of Asian Developing Economies, David Lim
Support & Other Units (THEi)
No matter how it is measured, the growth performance of the newly industrializing economies (NIEs) stands out. That of the Southeast Asian group, with the exception of the Philippines, and that of China is also impressive. The South Asian countries have done much less well, with countries in sub-Saharan Africa, the Caribbean, and Latin America even further behind...
Malaysian Development Planning, David Lim
Malaysian Development Planning, David Lim
Support & Other Units (THEi)
Development planning has been described as "a deliberate governmental attempt to coordinate economic decision-making over the long-run and to influence, direct and, in some cases, even control the level and growth of a nation's principal economic variables (income, comsumption, employment, investment, saving, exports, imports, etc.) in order to achieve a pre-determined set of development objectives." One set of reasons for planning centres round the operation of the market system. Thus, market prices are often distorted and can result in a misallocation of scarce resources. Another set revolves round the need to have a rallying point for local and foreign interests …