Asia-Pacific Development Journal

Frequency
Semiannual
ISSN: 
2411-9873 (online)
http://dx.doi.org/10.18356/cb961558-en
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The Asia-Pacific Development Journal (APDJ) is published twice a year by the United Nations Economic and Social Commission for Asia and the Pacific. The primary objective of the APDJ is to provide a platform for the exchange of knowledge, experience, ideas, information and data on all aspects of economic and social development issues and concerns facing the region and aims to stimulate policy debate and assist policy formulation. The APDJ provides a scholarly means for bringing together research work by eminent social scientists and development practitioners from the region and beyond for use by a variety of stakeholders. The Journal aims to stimulate policy debate and assist policy formulation in the region.
Article
 

Economic Development in South and East Asia: empirical examination of East Asian development model You do not have access to this content

English
 
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    http://oecd.metastore.ingenta.com/content/33b97c0a-en.pdf
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Author(s):
Prakash Kumar Shrestha
10 July 2014
Pages:
28
Bibliographic information
No.:
1,
Volume:
20,
Issue:
2
Pages:
1–28
http://dx.doi.org/10.18356/33b97c0a-en

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In this paper, a comparison is made of the level of economic development between South Asia and East Asia, and the East Asian Development Model (EADM) is analysed as well as empirically examined. Several development indicators reveal that South Asia in general is far behind East Asian countries where some distinctive features of the development process followed in the past were the developmental role of the state, high investment, emphasis on the manufacturing sector, export-led growth and a focus on infrastructure and human capital. Based on an empirical examination, which supports these facts, policymakers in South Asia should take heed of some of these features despite changing circumstances.