Asian Development Outlook 2003
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Books, Periodicals, Studies, and Reports
On-line edition: Free of Charge
Hardcopy price: $36.00 ISBN: 0-19-596278-8
ISSN: 0117-0481
Pub. Date: 2003
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This 15th edition of the Asian Development Outlook provides a comprehensive analysis of 41 economies in Asia and the Pacific based on the Asian Development Bank's in-depth knowledge of the region. It also includes a broad diagnosis of macroeconomic conditions and growth prospects for the region in 2003-2004.
Growth in developing Asia and the Pacific generally improved in 2002. Expansionary fiscal and accommodative monetary policies contributed to strengthening aggregate demand in many countries while firmer external markets provided a boost to industrial production. Growth, however, remained below long-term potential in most countries and it was insufficient to substantially raise income and reduce poverty.
The outlook for 2003 is highly vulnerable to the risks of a further weakening in the prospects for industrial countries, volatility in oil prices, and disruptions in tourism and other international markets relating to the conflict in Iraq and the recent outbreak of severe acute respiratory syndrome.
This issue of the Outlook also includes a chapter on what competitiveness--one of today's buzzwords--is and is not. Misconceptions of the nature and role of competitiveness in national economic development can be counterproductive. An understanding that it is firms that compete in an increasingly global market, both at home and abroad, and that the national policy environment can either constrain or improve their efforts, is critical.
The Asian Development Outlook 2003 features:
An overview of aggregate trends and medium-term prospects by main subregion in Asia and the Pacific in the context of global economic trends.
An overview of recent fiscal policy in Asia and the Pacific
Macroeconomic profiles and prospects for 41 economies in the region, including analyses of growth, savings and investment, employment, monetary and fiscal developments, and balance of payments, as well as an analysis of policy issues.
Competitiveness issues as they relate to long-term growth prospects in Asia and Pacific region.
A statistical appendix detailing historical trends and projections for major economic indicators.
Foreword, Acknowledgments, Acronyms and Abbreviations, Definitions [ PDF: 311kb | 14 pages ]
Part 1 Developing Asia and the World
Overview of Economic Trends and Prospects
Overview of Economic Trends in Developing Asia in 2002
Macroeconomic Conditions in 2002
Outlook for Industrial Countries
Developing Asia: Subregional Trends and Prospects
Developing Asia: Risks and Uncertainties
- Overview of Fiscal Policy in Developing Asia
Part 2 Economic Trends and Prospects in Developing Asia
East Asia
People's Republic of China 
Hong Kong, China
Republic of Korea
Mongolia
Taipei,China
Southeast Asia
Cambodia
Indonesia
Lao People’s Democratic Republic
Malaysia
Myanmar
Philippines
Singapore
Thailand
Viet Nam
South Asia
Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka
- Central Asia
Azerbaijan
Kazakhstan
Kyrgyz Republic
Tajikistan
Turkmenistan
Uzbekistan
The Pacific
Cook Islands
Fiji Islands
Kiribati
Republic of the Marshall Islands
Federated States of Micronesia
Nauru
Papua New Guinea
Samoa
Solomon Islands
Democratic Republic of Timor-Leste
Tonga
Tuvalu
Vanuatu
Part 3 Competitiveness in Developing Asia
Taking Advantage of Globalization, Technology, and Competition
Drivers of Change: Globalization, Technology, and Competition
Competition and Competitiveness
Drivers of Change
Enhancing Entrepreneurial and Technological Capabilities
National Competitiveness: A Dangerous Obsession?
Aggregate Measures of Competitiveness
Institutions, The State, and The Market: A Partnership for Development
Role of Institutions
Areas of State Responsibility
Areas of Shared Responsibility between the State and the Market
Global Value Chains
Exploiting Global Value Chains for Economic Development: Ten NIE Entry Strategies
Marketing and Technology Upgrading Strategies
Difficulties, Risks, and Threats within Global Value Chains
Summary
Education and Skills
Basic Educational Achievements
Correlating Inputs with Science and Technology Outputs
Science and Engineering Education
Relevance of School and University Education
Summary
Catch-Up Competitiveness: Some Lessons
Catch-Up Competitiveness and Stages of Development
Innovations in Policy and Variety in Industrial Structures
Insights for Other Countries
Conclusions
References
Statistical Appendix
Statistical Notes and Tables
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© Asian Development Bank 2003
First published in 2003
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All rights reserved. No part of this publication may be reproduced,
stored in a retrieval system, or transmitted, in any form or by any means,
without the prior permission in writing of the Asian Development Bank.
This book was prepared by the staff of the Asian Development Bank,
and the analyses and assessments contained herein do not
necessarily reflect the views of the Board of Directors
or the governments that they represent. The Asian Development Bank
does not guarantee the accuracy of the data included in this publication
and accepts no responsibility whatsoever for any consequence for their use.
The term “country” does not imply any judgment by the Asian Development Bank
as to the legal or other status of any territorial entity.
Published for the Asian Development Bank by
Oxford University Press
British Library Cataloguing in Publication Data
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ISBN 0-19-596278-8
ISSN 0117-0481
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