Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63490
Authors: 
Ozawa, Terutomo
Year of Publication: 
2006
Series/Report no.: 
Research Paper, UNU-WIDER, United Nations University (UNU) 2006/59
Abstract: 
The notion of ‘shared growth’ was introduced by the World Bank in recognition of East Asia’s rapid growth accompanied by poverty reduction. It emphasizes the criticality of pro-poor policies and institutional setups in the fast-developing East Asian economies. The efforts of these individual countries are, however, a necessary but not sufficient condition (explanation). There is a more essential, underlying region-wide mechanism that simultaneously promotes regionalized growth and specifically favours Asia’s working mass of unskilled labour. Such an efficacious mechanism is posited in the ‘flying-geese paradigm of comparative advantage recycling in labour-intensive goods’. The paper argues that a number of favourable factors have fortuitously coalesced to engender a considerably favourable condition for Asia’s rapid catch-up growth in which unskilled labour (the poor) can participate as their countries’ most vital input in labour-driven development.
Subjects: 
flying-geese theory
trade
growth
poverty reduction
comparative advantage
recycling
labour-driven economic development
JEL: 
F20
F23
F43
J31
L6
O14
ISBN: 
9291908290
Document Type: 
Working Paper

Files in This Item:
File
Size
286.52 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.