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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
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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...
Europe 1992: Economic Implications For Asia, David Lim
Europe 1992: Economic Implications For Asia, David Lim
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The European Economic Community (EEC) was formed in 1957 with the signing of the Treaty of Rome. This brought together six countries (Belgium, France, West Germany, Italy, Luxemberg and the Netherlands) which were involved in the conflict of the Second World War. The Impetus for the establishment of the EEC was political but the economic gains from the operation of the scheme, popularly known as the Common Market, were so significant that eventually the original membership of six was doubled to include Denmark, Greece, Ireland, Portugal, Spain and the United Kingdom. The so-called Europe 1992 Project aims to bring about …
The Garnaut Report: An Overview, David Lim
The Garnaut Report: An Overview, David Lim
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The Gaunaut Report analyses the process of economic change in Northeast Asia and assesses the implication of this on Australia. It is an important report because of what it says, when it is said, and how it is said. Its findings are neither new nor surprising for those who have been studying Northeast Asian economic development and Australia-Asia relations. But they are nevertheless important findings and presented as they are now and in a report to the Prime Minister and the Minister for Foreign Affairs and Trade by someone who was the former's trusted chief economic adviser and the latter's …
Export Instability, Investment And Economic Growth In Developing Countries, David Lim
Export Instability, Investment And Economic Growth In Developing Countries, David Lim
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Export instability is often seen to be detrimental to the economic growth of those developing countries which have a large export sector and which depend on a few primary products for this export. One of the arguments against export instability is that it produces instability in government revenue which leads to instability in government expenditure. This instability in government expenditure is then seen to affect economic growth adversely in two ways...
Another Look At Growth And Defense In Less Developed Countries, David Lim
Another Look At Growth And Defense In Less Developed Countries, David Lim
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Using an estimating equation that was devised systematically within an explicit conceptual framework, it shows that defence spending was detrimental to economic growth. Finds regional differences in that the adverse effects were marked in Africa and the Western hemisphere, but absent in Asia, the Middle East, and Southern Europe.
Malaysian Development Planning, David Lim
Malaysian Development Planning, David Lim
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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 …
Actual, Desired And Full Levels Of Capital Utilisation In Malaysian Manufacturing, David Lim
Actual, Desired And Full Levels Of Capital Utilisation In Malaysian Manufacturing, David Lim
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This paper shows that capital utilisation in West Malaysian manufacturing, though higher than that in other less developed countries, still leaves capital plant idle for a considerable proportion of the total available time. These findings, based on a modified McGraw‐Hill measure and on the Winston time‐measure of capital utilisation, therefore calls into question the wisdom of an industrial investment incentive programme which aims primarily at maximising the volume of capital expenditure, and which pays no attention at all to the level of utilisation of the existing stock of capital.
On The Measurement Of Capital Utilisation In Less Developed Countries, David Lim
On The Measurement Of Capital Utilisation In Less Developed Countries, David Lim
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The shortage of physical capital is often seen as the crucial constraint to growth in less developed countries (LDCs). Thus many development plans are based on the aggregate Harrod-Domar model where the growth of the economy is seen to depand only on the availability and the productivity of capital. A corollary of such a capital-centred approach to development is that the capital plant and machinery installed are utilized to the full. However, recent studies claim that capital under-utilization exists on a massive scale in manufacturing in LDCs and raise the possibility of a parabox in capital usage in capital-scarce LDCs. …
Export Instability And Economic Growth: A Return To Fundamentals, David Lim
Export Instability And Economic Growth: A Return To Fundamentals, David Lim
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No abstract provided.
Export Instability And Economic Development : The Example Of West Malaysia, David Lim
Export Instability And Economic Development : The Example Of West Malaysia, David Lim
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No abstract provided.