The transition from low-income developing country to high-income developed country involves a deep process of structural transformation in which the productive structure of an economy changes.
This paper investigates sources of the fast accumulation of capital for 12 East and South Asian countries over the last decades. It conducts projections for the next 2 decades and studies determinants of the economies' investment rate.
How Has Asia Fared in the Global Crisis? A Tale of Three Countries: Republic of Korea, Philippines, and Thailand
This paper studies the impacts of the global economic crisis, with emphasis on the labor market, on the Republic of Korea, the Philippines, and Thailand.