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Title:Asia's labour-driven economic development, flying-geese style: An unprecedented opportunity for the poor to rise? PDF Logo
Authors:Ozawa, Terutomo
Issue Date: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
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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