the east asian experience of economic development and cooperation

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Kenichi Ohno National Graduate Institute for Policy Studies The East Asian Experience of Economic Development and Cooperation

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The East Asian Experience of Economic Development and Cooperation. Kenichi Ohno National Graduate Institute for Policy Studies. Background. Polarization of the developing world into high and low performers East Asia as a high performing region --Diversity in size, income, culture, etc. - PowerPoint PPT Presentation

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  • The East Asian Experience ofEconomic Development and CooperationKenichi OhnoNational Graduate Institute for Policy Studies

  • BackgroundPolarization of the developing world into high and low performersEast Asia as a high performing region--Diversity in size, income, culture, etc.--Failures and bad periods also existed--But high growth was sustained in most countries and over the long run

  • Graph: GDP in EA vs Africa

    Graph1

    661852

    9601024

    14191311

    18701484

    27001385

    36331368

    Africa

    East Asia

    Source: Angus Maddison, The World Economy: A Millennial Perspective, OECD Development Centre, 2001

    East Asia

    Africa

    Per Capita GDP(In 1990 international Geary-Khamis dollars)

    16WorldPerCapitaGDP

    World Per Capita GDP by Regions, Annual Estimates, 1950-98

    (million 1990 international Geary-Khamis dollars)

    Western EuropeUSAEastern Europe and Former USSRLatin AmericaEast AsiaAfrica

    19504594956126012554661852

    1960693011328366331679601024

    197010297150305183401614191311

    198013226185776236541318701484

    199015988232146446505527001385

    199817921273314354579536331368

    Source: Angus Maddison, The World Economy: A Millennial Perspective, OECD Development Centre, 2001

    AfricaAsiaExportData

    13. Africa & East Asia 1960s-90s

    Growth Per Capita GNP (%)Share in World Export (%)

    East AsiaAfricaEast AsiaAfrica

    60s5.82.460s4.93.9

    70s6.43.170s5.83.3

    80s5.50.680s9.82.7

    90s5.70.590s15.71.6

    Source: Ministry of Economy, Trade and Industry, White Paper on International Trade 2001, p.78.

    2001P78

    13AsiaAfricaGNP

    13AsiaAfricaGNP

    4.93.9

    5.83.3

    9.82.7

    15.71.6

    (%)

    East Asia

    Sub Saharan Africa

    East Asia

    Africa

    Share in World Export

    12Growth1960-2000Data

    5.82.4

    6.43.1

    5.50.6

    5.70.5

    (%)

    East Asia

    Africa

    Growth Per Capita GNP

    Sheet3

    Growth in GDP 1960-2000

    (%)JapanTaiwanKoreaMalaysiaThailandIndonesiaChinaHong KongSingaporePhilippinesVietnamMyanmar

    196013.36.31.29.20.71.50.5

    196111.96.95.85.24.28.35.64.2

    19628.67.92.17.8 0.614.27.04.810.0

    19638.89.49.18.0 0.415.79.97.0 6.5

    196411.212.29.76.74.88.6 3.53.59.2

    19655.711.15.77.80.014.57.55.2 4.5

    196610.28.912.211.52.31.711.14.4 4.9

    196711.110.75.98.12.31.711.86.19.2

    196811.99.211.38.111.13.313.95.610.1

    196912.09.013.87.96.011.313.74.88.0

    197010.311.48.810.67.59.213.74.61.3

    19714.412.99.27.14.97.07.112.54.92.4

    19728.413.35.99.44.19.410.313.44.8 1.0

    19738.012.814.411.710.011.312.411.59.22.6

    1974 1.21.27.98.34.27.62.36.35.02.7

    19753.14.97.10.84.95.00.34.16.44.1

    19764.013.912.911.69.36.916.27.58.06.1

    19774.410.210.17.89.98.811.77.86.26.0

    19785.313.69.76.710.57.811.78.58.65.56.5

    19795.58.27.69.35.36.37.611.59.36.35.2

    19802.87.3 2.27.44.89.97.910.19.75.222.4

    19813.26.26.76.96.07.94.49.29.62.94.4

    19823.13.67.35.95.32.38.32.76.93.65.4

    19832.38.511.86.35.54.210.45.78.21.94.4

    19843.910.69.47.85.87.017.310.08.3 7.34.9

    19854.45.06.9 1.04.62.513.50.4 1.6 7.32.9

    19862.911.611.61.04.95.98.810.81.83.43.4 1.1

    19874.112.711.55.49.54.911.613.09.54.33.9 4.0

    19886.27.811.38.913.35.811.38.011.16.85.1 11.4

    19894.88.26.49.212.27.54.12.69.46.27.83.7

    19905.15.49.59.711.67.23.83.48.13.02.32.8

    19913.87.69.18.78.47.09.25.17.0 0.56.0 0.7

    19921.06.85.17.87.96.514.26.36.40.38.69.7

    19930.36.35.88.38.36.513.56.110.42.18.16.0

    19940.66.58.69.28.87.512.65.410.54.48.87.5

    19951.46.08.99.58.68.210.54.78.84.89.59.8

    19963.65.77.18.26.77.89.74.77.05.59.56.4

    19971.86.75.07.3 1.44.58.85.08.55.28.25.7

    1998 1.04.6 6.7 7.4 10.5 13.17.8 5.3 0.1 0.63.55.8

    19990.75.410.96.14.40.87.13.06.93.44.210.9

    20002.25.99.38.34.64.88.010.510.34.05.55.5

    2001(Est.) 0.4 1.93.00.41.83.37.30.1 2.13.44.7-

    Source: Economic Planning Agency, Asian Economic 1997,

    IMF, The World Economic Outlook (WEO) Database, April 2002 [http://www.imf.org/external/pubs/ft/weo/2002/01/data/index.htm#2].

    World Bank, World Development Indicators 2002, Angus Maddison The World Economy. A Millennial perspective, 2001.

    GDP

    19962591213570598

    19972613154599190

    19982539986564211

    1999624582

    2000

    IMF, International Financial Statistics Yearbook 1990.

    218841960

    219941961

    229501962

    255031963

    239561964

    263721965

    252391966

    240671967

    265011968

    286101969

    East Asia

    Sub Saharan Africa

    Source: Ministry of Economy, Trade and Industry, White Paper on International Trade 2001, p.78.

  • Graph: growth over time

    GDPGrowth

    13.3-1.4

    11.9-29.7

    8.6-6.5

    8.810.7

    11.216.5

    5.717

    10.217

    11.1-7.2

    11.9-6.5

    1219.3

    10.323.3

    4.47

    8.42.9

    88.3

    -1.21.1

    3.18.3

    4-2.7

    4.47.8

    5.311.7

    5.57.6

    2.87.9

    3.24.4

    3.18.3

    2.310.4

    3.917.3

    4.413.5

    2.98.8

    4.111.6

    6.211.3

    4.84.1

    5.13.8

    3.89.2

    114.2

    0.313.5

    0.612.6

    1.410.5

    3.69.7

    1.88.8

    -17.8

    0.77.1

    2.28

    -0.47.3

    [Japan & China]

    %

    Source: Economic Planning Agency, Asian Economic 1997. For the data of 1997-2001, IMF, The World Economic Outlook (WEO) Database, April 2002. For the data of China 1960-1977, National Bureau of Statistics of the PRC, China Statistical Yearbook 1985.

    Japan

    China

    GDP Growth 1960-2001

    GDPGrowthNIES

    6.31.219601960

    6.95.819618.3

    7.92.114.27

    9.49.115.79.9

    12.29.78.6-3.5

    11.15.714.57.5

    8.912.21.711.1

    10.75.91.711.8

    9.211.33.313.9

    913.811.313.7

    11.48.89.213.7

    12.99.27.112.5

    13.35.910.313.4

    12.814.412.411.5

    1.27.92.36.3

    4.97.10.34.1

    13.912.916.27.5

    10.210.111.77.8

    13.69.78.58.6

    8.27.611.59.3

    7.3-2.210.19.7

    6.26.79.29.6

    3.67.32.76.9

    8.511.85.78.2

    10.69.4108.3

    56.90.4-1.6

    11.611.610.81.8

    12.711.5139.5

    7.811.3811.1

    8.26.42.69.4

    5.49.53.48.1

    7.69.15.17

    6.85.16.36.4

    6.35.86.110.4

    6.58.65.410.5

    68.94.78.8

    5.77.14.77

    6.7558.5

    4.6-6.7-5.3-0.1

    5.410.936.9

    5.99.310.510.3

    -1.930.1-2.1

    [Newly Industrializing Economies]

    %

    Source: Economic Planning Agency, Asian Economic 1997. For the data of 1997-2001, IMF, The World Economic Outlook (WEO) Database, April 2002.

    Taiwan

    Korea

    Hong Kong

    Singapore

    Real Growth 1960-2001

    GDPGrowthASEAN4

    19609.20.71.5

    19615.24.25.6

    19627.8-0.64.8

    19638-0.47

    19646.74.83.5

    19657.805.2

    196611.52.34.4

    19678.12.36.1

    19688.111.15.6

    19697.964.8

    197010.67.54.6

    7.14.974.9

    9.44.19.44.8

    11.71011.39.2

    8.34.27.65

    0.84.956.4

    11.69.36.98

    7.89.98.86.2

    6.710.57.85.5

    9.35.36.36.3

    7.44.89.95.2

    6.967.92.9

    5.95.32.33.6

    6.35.54.21.9

    7.85.87-7.3

    -14.62.5-7.3

    14.95.93.4

    5.49.54.94.3

    8.913.35.86.8

    9.212.27.56.2

    9.711.67.23

    8.78.47-0.5

    7.87.96.50.3

    8.38.36.52.1

    9.28.87.54.4

    9.58.68.24.8

    8.26.77.85.5

    7.3-1.44.55.2

    -7.4-10.5-13.1-0.6

    6.14.40.83.4

    8.34.64.84

    0.41.83.33.4

    [ASEAN4]

    %

    Source: Economic Planning Agency, Asian Economic 1997. For the data of 1997-2001, IMF, The World Economic Outlook (WEO) Database, April 2002.

    Malaysia

    Thailand

    Indonesia

    Philippines

    GDP Growth 1960-2001

    12Growth1960-2000Data

    Growth in GDP 1960-2000

    (%)JapanTaiwanKoreaMalaysiaThailandIndonesiaChinaHong KongSingaporePhilippinesVietnamMyanmar

    196013.36.31.29.20.7 1.41.50.5

    196111.96.95.85.24.2 29.78.35.64.2

    19628.67.92.17.8 0.6 6.514.27.04.810.0

    19638.89.49.18.0 0.410.715.79.97.0 6.5

    196411.212.29.76.74.816.58.6 3.53.59.2

    19655.711.15.77.80.017.014.57.55.2 4.5

    196610.28.912.211.52.317.01.711.14.4 4.9

    196711.110.75.98.12.3 7.21.711.86.19.2

    196811.99.211.38.111.1 6.53.313.95.610.1

    196912.09.013.87.96.019.311.313.74.88.0

    197010.311.48.810.67.523.39.213.74.61.3

    19714.412.99.27.14.97.07.07.112.54.92.4

    19728.413.35.99.44.19.42.910.313.44.8 1.0

    19738.012.814.411.710.011.38.312.411.59.22.6

    1974 1.21.27.98.34.27.61.12.36.35.02.7

    19753.14.97.10.84.95.08.30.34.16.44.1

    19764.013.912.911.69.36.9 2.716.27.58.06.1

    19774.410.210.17.89.98.87.811.77.86.26.0

    19785.313.69.76.710.57.811.78.58.65.56.5

    19795.58.27.69.35.36.37.611.59.36.35.2

    19802.87.3 2.27.44.89.97.910.19.75.222.4

    19813.26.26.76.96.07.94.49.29.62.94.4

    19823.13.67.35.95.32.38.32.76.93.65.4

    19832.38.511.86.35.54.210.45.78.21.94.4

    19843.910.69.47.85.87.017.310.08.3 7.34.9

    19854.45.06.9 1.04.62.513.50.4 1.6 7.32.9

    19862.911.611.61.04.95.98.810.81.83.43.4 1.1

    19874.112.711.55.49.54.911.613.09.54.33.9 4.0

    19886.27.811.38.913.35.811.38.011.16.85.1 11.4

    19894.88.26.49.212.27.54.12.69.46.27.83.7

    19905.15.49.59.711.67.23.83.48.13.02.32.8

    19913.87.69.18.78.47.09.25.17.0 0.56.0 0.7

    19921.06.85.17.87.96.514.26.36.40.38.69.7

    19930.36.35.88.38.36.513.56.110.42.18.16.0

    19940.66.58.69.28.87.512.65.410.54.48.87.5

    19951.46.08.99.58.68.210.54.78.84.89.59.8

    19963.65.77.18.26.77.89.74.77.05.59.56.4

    19971.86.75.07.3 1.44.58.85.08.55.28.25.7

    1998 1.04.6 6.7 7.4 10.5 13.17.8 5.3 0.1 0.63.55.8

    19990.75.410.96.14.40.87.13.06.93.44.210.9

    20002.25.99.38.34.64.88.010.510.34.05.55.5

    2001(Est.) 0.4 1.93.00.41.83.37.30.1 2.13.44.7-

    Source: Economic Planning Agency, Asian Economic 1997.

    For the data of 1997-2001, IMF, The World Economic Outlook (WEO) Database, April 2002.

    World Bank, World Development Indicators 2002, Angus Maddison The World Economy. A Millennial perspective, 2001.

    GDP

    19962591213570598

    19972613154599190

    19982539986564211

    1999624582

    2000

    For the data of Myanmar 1960-1967, IMF, International Financial Statistics Yearbook 1990.

    For the data of China 1960-1977, National Bureau of Statistics of the PRC, China Statistical Yearbook 1985.

    218841960

    219941961

    229501962

    255031963

    239561964

    263721965

    252391966

    240671967

    265011968

    286101969

  • GDPGrowth

    13.3-1.4

    11.9-29.7

    8.6-6.5

    8.810.7

    11.216.5

    5.717

    10.217

    11.1-7.2

    11.9-6.5

    1219.3

    10.323.3

    4.47

    8.42.9

    88.3

    -1.21.1

    3.18.3

    4-2.7

    4.47.8

    5.311.7

    5.57.6

    2.87.9

    3.24.4

    3.18.3

    2.310.4

    3.917.3

    4.413.5

    2.98.8

    4.111.6

    6.211.3

    4.84.1

    5.13.8

    3.89.2

    114.2

    0.313.5

    0.612.6

    1.410.5

    3.69.7

    1.88.8

    -17.8

    0.77.1

    2.28

    -0.47.3

    [Japan & China]

    %

    Source: Economic Planning Agency, Asian Economic 1997. For the data of 1997-2001, IMF, The World Economic Outlook (WEO) Database, April 2002. For the data of China 1960-1977, National Bureau of Statistics of the PRC, China Statistical Yearbook 1985.

    Japan

    China

    GDP Growth 1960-2001

    GDPGrowthNIES

    6.31.219601960

    6.95.819618.3

    7.92.114.27

    9.49.115.79.9

    12.29.78.6-3.5

    11.15.714.57.5

    8.912.21.711.1

    10.75.91.711.8

    9.211.33.313.9

    913.811.313.7

    11.48.89.213.7

    12.99.27.112.5

    13.35.910.313.4

    12.814.412.411.5

    1.27.92.36.3

    4.97.10.34.1

    13.912.916.27.5

    10.210.111.77.8

    13.69.78.58.6

    8.27.611.59.3

    7.3-2.210.19.7

    6.26.79.29.6

    3.67.32.76.9

    8.511.85.78.2

    10.69.4108.3

    56.90.4-1.6

    11.611.610.81.8

    12.711.5139.5

    7.811.3811.1

    8.26.42.69.4

    5.49.53.48.1

    7.69.15.17

    6.85.16.36.4

    6.35.86.110.4

    6.58.65.410.5

    68.94.78.8

    5.77.14.77

    6.7558.5

    4.6-6.7-5.3-0.1

    5.410.936.9

    5.99.310.510.3

    -1.930.1-2.1

    [NIEs]

    %

    Source: Economic Planning Agency, Asian Economic 1997. For the data of 1997-2001, IMF, The World Economic Outlook (WEO) Database, April 2002.

    Taiwan

    Korea

    Hong Kong

    Singapore

    GDP Growth 1960-2001

    GDPGrowthASEAN4

    19609.20.71.5

    19615.24.25.6

    19627.8-0.64.8

    19638-0.47

    19646.74.83.5

    19657.805.2

    196611.52.34.4

    19678.12.36.1

    19688.111.15.6

    19697.964.8

    197010.67.54.6

    7.14.974.9

    9.44.19.44.8

    11.71011.39.2

    8.34.27.65

    0.84.956.4

    11.69.36.98

    7.89.98.86.2

    6.710.57.85.5

    9.35.36.36.3

    7.44.89.95.2

    6.967.92.9

    5.95.32.33.6

    6.35.54.21.9

    7.85.87-7.3

    -14.62.5-7.3

    14.95.93.4

    5.49.54.94.3

    8.913.35.86.8

    9.212.27.56.2

    9.711.67.23

    8.78.47-0.5

    7.87.96.50.3

    8.38.36.52.1

    9.28.87.54.4

    9.58.68.24.8

    8.26.77.85.5

    7.3-1.44.55.2

    -7.4-10.5-13.1-0.6

    6.14.40.83.4

    8.34.64.84

    0.41.83.33.4

    [ASEAN4]

    %

    Source: Economic Planning Agency, Asian Economic 1997. For the data of 1997-2001, IMF, The World Economic Outlook (WEO) Database, April 2002.

    Malaysia

    Thailand

    Indonesia

    Philippines

    Real Growth 1960-2001

    12Growth1960-2000Data

    Growth in GDP 1960-2000

    (%)JapanTaiwanKoreaMalaysiaThailandIndonesiaChinaHong KongSingaporePhilippinesVietnamMyanmar

    196013.36.31.29.20.7 1.41.50.5

    196111.96.95.85.24.2 29.78.35.64.2

    19628.67.92.17.8 0.6 6.514.27.04.810.0

    19638.89.49.18.0 0.410.715.79.97.0 6.5

    196411.212.29.76.74.816.58.6 3.53.59.2

    19655.711.15.77.80.017.014.57.55.2 4.5

    196610.28.912.211.52.317.01.711.14.4 4.9

    196711.110.75.98.12.3 7.21.711.86.19.2

    196811.99.211.38.111.1 6.53.313.95.610.1

    196912.09.013.87.96.019.311.313.74.88.0

    197010.311.48.810.67.523.39.213.74.61.3

    19714.412.99.27.14.97.07.07.112.54.92.4

    19728.413.35.99.44.19.42.910.313.44.8 1.0

    19738.012.814.411.710.011.38.312.411.59.22.6

    1974 1.21.27.98.34.27.61.12.36.35.02.7

    19753.14.97.10.84.95.08.30.34.16.44.1

    19764.013.912.911.69.36.9 2.716.27.58.06.1

    19774.410.210.17.89.98.87.811.77.86.26.0

    19785.313.69.76.710.57.811.78.58.65.56.5

    19795.58.27.69.35.36.37.611.59.36.35.2

    19802.87.3 2.27.44.89.97.910.19.75.222.4

    19813.26.26.76.96.07.94.49.29.62.94.4

    19823.13.67.35.95.32.38.32.76.93.65.4

    19832.38.511.86.35.54.210.45.78.21.94.4

    19843.910.69.47.85.87.017.310.08.3 7.34.9

    19854.45.06.9 1.04.62.513.50.4 1.6 7.32.9

    19862.911.611.61.04.95.98.810.81.83.43.4 1.1

    19874.112.711.55.49.54.911.613.09.54.33.9 4.0

    19886.27.811.38.913.35.811.38.011.16.85.1 11.4

    19894.88.26.49.212.27.54.12.69.46.27.83.7

    19905.15.49.59.711.67.23.83.48.13.02.32.8

    19913.87.69.18.78.47.09.25.17.0 0.56.0 0.7

    19921.06.85.17.87.96.514.26.36.40.38.69.7

    19930.36.35.88.38.36.513.56.110.42.18.16.0

    19940.66.58.69.28.87.512.65.410.54.48.87.5

    19951.46.08.99.58.68.210.54.78.84.89.59.8

    19963.65.77.18.26.77.89.74.77.05.59.56.4

    19971.86.75.07.3 1.44.58.85.08.55.28.25.7

    1998 1.04.6 6.7 7.4 10.5 13.17.8 5.3 0.1 0.63.55.8

    19990.75.410.96.14.40.87.13.06.93.44.210.9

    20002.25.99.38.34.64.88.010.510.34.05.55.5

    2001(Est.) 0.4 1.93.00.41.83.37.30.1 2.13.44.7-

    Source: Economic Planning Agency, Asian Economic 1997.

    For the data of 1997-2001, IMF, The World Economic Outlook (WEO) Database, April 2002.

    World Bank, World Development Indicators 2002, Angus Maddison The World Economy. A Millennial perspective, 2001.

    GDP

    19962591213570598

    19972613154599190

    19982539986564211

    1999624582

    2000

    For the data of Myanmar 1960-1967, IMF, International Financial Statistics Yearbook 1990.

    For the data of China 1960-1977, National Bureau of Statistics of the PRC, China Statistical Yearbook 1985.

    218841960

    219941961

    229501962

    255031963

    239561964

    263721965

    252391966

    240671967

    265011968

    286101969

  • Graph: size comparison

    SizeD

    1.SIZE

    East Asian GNPEast Asian PopulationGNP ($ billion)Population (million)[Total $7,013 billion][Total 1,935 million]

    % of World% of World

    China3%21%1,0631,26215%65%

    Japan14%2%4,51912764%7%

    Korea & Taiwan2%1%7116910%4%

    ASEAN2%8%72047710%25%

    TOTAL22%32%7,0131,935100%100%

    *World TTL=31315*World TTL=6057GNPPopulation

    Hong Kong1767

    Singapore994

    Malaysia7923

    Thailand12261

    Philippines7976

    Indonesia120210

    Vietnam3079

    Cambodia312

    Lao PDR25

    Myanmar1048

    Taiwan29022

    Korea42147

    1SIZE

    0.15156786970.64441655850.10140174260.1026138292

    0.65219638240.06563307490.03565891470.2465116279

    at Actual Exchange Rate

    Sources: World Bank, World Development Indicators 2002; For Taiwan, ADB, Key Indicators 2001.

    East Asian Population

    East Asian GNP

    (32% of World Total)

    (22% of World Total)

    China

    China

    China

    Japan

    Korea & Taiwan

    ASEAN

    SIZE (2000)

    Japan65%

    Korea & Taiwan4%

    Korea & Taiwan10%

    ASEAN24%

  • Graph: wars and conflictsWars, Crisis and Internal Troubles

    TImeline

    19501955196019651970197519801985199019952000 -

    ChinaEnd of World War II

    1949 Independence1979 Policy of Reform and Opening Up begins

    1958-60 Great Leap Forward1976 Death of Mao Tse-tung1997 Hong Kong Handover

    Death of Deng Xiao-ping

    1966-76 Cultural Revolution1989 Tiananmen Square Incident

    North-East AsiaChina-Taiwan Problem

    1947 Riots against Government [Taiwan]1979 Assassination of President Park [Korea]

    1961 Coup d'etat [Korea]1973-741979-801997-98

    Oil ShockOil ShockAsian Crisis

    1950-53 Korean War

    Korean Peninsula Problem

    South-East Asia: Indochina

    1946-54 Indochina War [Vietnam]1986 Doi Moi (Renovation) Policy begins [Vietnam]

    1954 Division of Vietnam into South & North

    1979-89 Vietnam invades Cambodia

    1965-75 Vietnam War [Vietnam]

    1976 Reunification of Vietnam

    1958 Coup d'etat by Sarit [Thailand]

    1971 Military coup d'etat [Thailand]

    1960-61 Coup d'etat [Laos]

    1975-78 Khmer Rouge - Pol Pot Regime [Cambodia]

    1962 Coup d'etat by Revolutionary Council [Myanmar]1988 Military coup d'etat by SLORC [Myanmar]

    South-East Asia: Maritime Countries

    1957 Independence as Malaya [Malaysia]1985-86

    Oil Price Decline

    1963 Federation of Malaysia [Malaysia/Singapore]

    1965 Coup d'etat - End of Sukarno years

    [Indonesia]

    1965 Independence from Malaysia

    [Singapore]

    1969 Riots [Malaysia, Singapore]

    1965-86 Marcos Dictatorship [Philippines]

    Sheet2

    Sheet3

  • East Asian DevelopmentGrowth driven by trade and investmentCollective growth, not isolated or randomStaggered participation in regional production networkRegion as an enabling environment for catching up (model and pressure)

  • Asian DynamismGeographic diffusion of industrializationWithin each country, industrialization proceeds from low-tech to high-techAlso known as the Flying Geese PatternClear order and structure (with a possibility of re-formation)

  • Flying Geese 1Photo by Saizou Uchida (location: Sakai-gun, Fukui Prefecture, Japan)

  • Flying Geese 2Photo by Saizou Uchida (location: Sakai-gun, Fukui Prefecture, Japan)

  • Flying Geese 3Photo by Saizou Uchida (location: Sakai-gun, Fukui Prefecture, Japan)

  • Graph: per capita income

    BasicData

    Basic Data

    Size of the economyIntegration with the global economyStructure of merchandise exportsStructure of demandStructure of outputEmployment by economic activityDistribution of income or consumptionMortalityEducation outcomes

    PopulationGross national incomeGross national income per capitaPPP gross national income per capitaGross foreign direct investmentManufacturesGross domestic savingsGross capital formationExport of goods and servicesImport of goods and servicesIndustry value addedAgriculture value addedIndustry - labor force [Male]Industry - labor force [Female]Agriculture - labor force [Male]Agriculture - labor force [Female]Gini IndexInfant mortality rateAdult illiteracy rate [Male]Adult illiteracy rate [Female]

    million$ billion$$% of GDP% of total$ of GDP% of GDP% of GDP% of GDP% of GDP% of GDP% of male labor force% of female labor force% of male labor force% of female labor forceper 1,000 live births% ages 15 and over% ages 15 and over

    2000200020002000200020002000200020002000200020001998-20001998-20001998-20001998-2000200020002000

    Japan1274,51935,62027,0800.99428261083213822560.254....

    China1,2621,0638403,9204.388403726235116........0.4032824

    Korea474218,91017,3003.29131294542435341910130.32814

    Taiwan2229013,250......25235452322........0.336513

    Hong Kong717625,92025,59089.29532281501451402812000.523310

    Singapore49924,74024,91011.68650311801613403323000.393412

    Malaysia23793,3808,3302.08047261251044511332921130.498917

    Thailand611222,0006,3202.876312367594010201750470.412836

    Philippines76791,0404,2202.892241856503116181347270.463155

    Indonesia2101205702,8304.257261839314717........0.3241818

    Vietnam79303902,0004.1..2527....3724........0.362749

    Cambodia1232601,4403.9..81540472037........0.40882043

    Lao PDR522901,5405.4..132436482353........0.37923667

    Myanmar48..........131301960..........89917

    Sources: World Bank, World Development Indicators 2002.

    For Taiwan, ADB, Key Indicators 2001; The National Breau of Asian Research (NBA).

    Note: China does not include Hong Kong.

    &C&P/&N

    SizeD

    1.SIZE

    East Asian GNPEast Asian PopulationGNP ($ billion)Population (million)[Total $7,013 billion][Total 1,935 million]

    % of World% of World

    China3%21%1,0631,26215%65%

    Japan14%2%4,51912764%7%

    Korea & Taiwan2%1%7116910%4%

    ASEAN2%8%72047710%25%

    TOTAL22%32%7,0131,935100%100%

    *World TTL=31315*World TTL=6057GNPPopulation

    Hong Kong1767

    Singapore994

    Malaysia7923

    Thailand12261

    Philippines7976

    Indonesia120210

    Vietnam3079

    Cambodia312

    Lao PDR25

    Myanmar1048

    Taiwan29022

    Korea42147

    1SIZE

    0.15156786970.64441655850.10140174260.1026138292

    0.65219638240.06563307490.03565891470.2465116279

    at Actual Exchange Rate

    Sources: World Bank, World Development Indicators 2002; For Taiwan, ADB, Key Indicators 2001.

    East Asian Population

    East Asian GNP

    (32% of World Total)

    (22% of World Total)

    China

    Japan

    Korea & Taiwan

    ASEAN

    SIZE (2000)

    Japan65%

    Korea & Taiwan10%

    Korea & Taiwan4%

    ASEAN24%

    CapitaIncomeD

    2. Per Capita Income

    $Gross national income per capitaPPP gross national income per capita

    20002000

    Japan35,62027,080

    Hong Kong25,92025,590

    Singapore24,74024,910

    Korea8,91017,300

    Malaysia3,3808,330

    Thailand2,0006,320

    Philippines1,0404,220

    China8403,920

    Indonesia5702,830

    Vietnam3902,000

    Lao PDR2901,540

    Cambodia2601,440

    Taiwan13,250..

    2CAPITAINCOME

    3562027080

    2592025590

    2474024910

    891017300

    33808330

    20006320

    10404220

    8403920

    5702830

    3902000

    2901540

    2601440

    Source: World Bank, World Development Indicators 2002.

    at Actual Exchange Rate

    at PPP

    Gross national income per capita

    PPP gross national income per capita

    US$

    Per Capita Income (2000)

    Openness

    3. OpennessExport of goods and servicesImport of goods and services

    % of GDP% of GDP

    TOTAL20002000

    Singapore341180161

    Hong Kong295150145

    Malaysia229125104

    Thailand1266759

    Taiwan1065452

    Philippines1065650

    Vietnam94

    Korea874542

    Cambodia874047

    Lao PDR843648

    Indonesia703931

    China492623

    Japan18108

    Myanmar101

    3OPEN

    341

    295

    229

    126

    106

    106

    94

    87

    87

    84

    70

    49

    18

    1

    Sources: World Bank, World Development Indicators 2002; For Taiwan, National Bureau of Asian Reseach.

    (Total trade as % of GDP)

    %

    Openness (2000)

    InvestmntD

    4. Investment

    Gross foreign direct investment

    % of GDP

    2000*Low & middle income average=3.5

    Singapore11.6*Low income countries average = 1.6

    Lao PDR5.4*Middle income countries average = 3.8

    China4.3

    Indonesia4.2

    Vietnam4.1

    Cambodia3.9

    Korea3.2

    Thailand2.8

    Philippines2.8

    Malaysia2.0

    Japan0.9

    Taiwan..

    Myanmar..

    Hong Kong89.2

    4INVESTMNT

    11.6

    5.4

    4.3

    4.2

    4.1

    3.9

    3.2

    2.8

    2.8

    2

    0.9

    Source: World Bank, World Development Indicators 2002.

    (% of GDP)

    Average of low income countries

    Average of middle income countries

    %

    Gross Foreign Direct Investment (2000)

    Output

    5. Output

    Structure of output

    IndustryAgricultureService

    % of GDP% of GDP% of GDP

    200020002000

    Myanmar96031

    Lao PDR235324

    Cambodia203743

    Vietnam372439

    Indonesia471736

    China511633

    Philippines311653

    Malaysia451144

    Thailand401050

    Korea43552

    Taiwan32266

    Japan32167

    Hong Kong14086

    Singapore34066

    5OUTPUT

    60931

    532324

    372043

    243739

    174736

    165133

    163153

    114544

    104050

    54352

    23266

    13267

    01486

    03466

    Sources: World Bank, World Development Indicators 2002; For Taiwan, ADB, Key Indicators 2001.

    Agriculture

    Industry

    Service

    Output Structure (2000)

    Gini

    6. Gini

    Distribution of income or consumption

    Gini Index

    Hong Kong0.52

    Malaysia0.49

    Philippines0.46

    Thailand0.41

    Cambodia0.40

    China0.40

    Singapore0.39

    Lao PDR0.37

    Vietnam0.36

    Taiwan0.33

    Indonesia0.32

    Korea0.32

    Japan0.25

    Myanmar..

    6GINI

    0.522

    0.492

    0.462

    0.414

    0.404

    0.403

    0.39

    0.37

    0.361

    0.33

    0.317

    0.316

    0.249

    Note: Most recent results, ranging from 1993-99.Sources: World Bank, World Development Indicators 2002; For Taiwan & Singapore, ADB, Key Indicators 2001.

    Gini Coefficient of Income Distribution

    Mortality

    7. Mortality

    Mortality

    Infant mortality rate

    per 1,000 live births

    2000*Low income countries average= 76

    Lao PDR92*Middle income countries average=31

    Myanmar89*Low and middle income countires average=58

    Cambodia88

    Indonesia41

    China32

    Philippines31

    Thailand28

    Vietnam27

    Korea8

    Malaysia8

    Taiwan6

    Japan4

    Hong Kong3

    Singapore3

    7MORTALITY

    92

    89

    88

    41

    32

    31

    28

    27

    8

    8

    6

    4

    3

    3

    Sources: World Bank, World Development Indicators 2002; For Taiwan, ADB, Key Indicators 2001.

    (per 1,000 live births)

    Average of low income countries

    Average of middle income countries

    Infant Mortality Rate (2000)

    Illiteracy

    8. Iliteracy

    Adult illiteracy rate [Female]

    % ages 15 and over

    2000*Low income countries average= 47

    Lao PDR67*Middle income countries average=19

    Cambodia43*Low and middle income countires average=31

    China24

    Indonesia18

    Malaysia17

    Myanmar17

    Taiwan13

    Singapore12

    Hong Kong10

    Vietnam9

    Thailand6

    Philippines5

    Korea4

    Japan..

    8ILLITERACY

    67

    43

    24

    18

    17

    17

    13

    12

    10

    9

    6

    5

    4

    %

    Sources: World Bank, World Development Indicators 2002; For Taiwan, ADB, Key Indicators 2001.

    Average of low income countries

    Average of middle income countries

    Female Adult Illiteracy Rate (2000)

  • Graph: manufactured exports

    Export02

    Manufactured exports (SITC5,6,7,8)

    Vietnam (Million US$)Indonesia (Million US$)Malaysia (Million Ringgit)Philippines (Million US$)Thailand (Million Baht)China (Million US$)Hong Kong (Million HK$)Korea, Rep. (Million US$)Myanmer (Million Kyats)Singapore (Million S'pore$)Taiwan (Billion New Taiwan$)Japan

    Total exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. Mfg

    1960841363362486142559321065.53477

    19617843238670999719424010543309

    1962682326050995291913541261.13417

    1963696333065396762031851287.63475

    196472433824101233922501171110.22772

    196570837836981294125631761072.23004

    19666793846826140992681251925.83374

    19676653727820141662388322589.53491

    19687314123858136792340455530.63891

    19698545055854147092429621627.14741

    19701108516310471477223078345134756

    19711234501710981727527831069594.65371

    19721777485411012249136921624653.56149

    19733211737218853222658763226640.48907

    197474261019527264979971084460911.814155

    1975-----71022.4%24923221923130.4%791624573529229416.3%22238121014500719.6%2436419573158276892983174.3%1923079333215565508181.6%691495762182113224.5%1643-11275841.8%47610862895880201.581.3%3.947.739.373.016,545,31495.4%1,152,9685,199,8858,132,5671,292,248

    1976-----85472.1%287453271344226.5%822133740609257417.9%27240251696079721.8%26893361231243269434155676.2%2354308479122322771587.7%11423471383292516282.9%740-11626744.7%610132941071232309.985.1%6.572.865.1119.219,934,61896.1%1,111,9555,594,94010,650,4051,792,365

    1977-----108533.5%6023660291495926.5%8723241001545315118.3%51255542167119823.5%298119631713275075204483475.6%30342015702236681004784.9%22130321853342616005.0%871-12008943.0%716160249171402355.185.0%8.279.280.0134.321,648,07096.5%1,158,0305,551,09612,034,1952,154,636

    1978648----116434.2%5533271311707430.7%10228251816496342522.2%59306753228306529.9%444174792719421399555390772.7%34546356403278151271188.5%329379627114414206625.8%12522--2298646.0%870226057151725468.485.7%8.9109.8109.4173.520,555,84196.6%1,076,8894,869,17111,720,2852,191,560

    1979587----155905.3%64571116812422227.2%13133152535604460123.6%1124198846610817931.8%7222353239726149136147593470.8%43265099314375251505689.2%50448313236485425885.3%1134-33094046.2%1124284282172122579.387.3%12.2147.9136.6209.122,531,53996.2%1,332,4015,725,29112,080,7212,528,841

    1980537----239513.9%846151091202817227.8%17236913238738578824.1%11853313261213319734.9%93629474761884671809948.6%1121399884128369824366.6%542773212375448141750590.2%75562523555522927337.5%-203-24145244.7%14183442110892572712.288.2%18.0163.5176.0270.629,382,47296.0%1,544,4637,074,55316,084,4823,509,883

    1981467----251654.4%647771541212710927.7%19232813325700572225.3%10547616170415300131.1%1191269417662117312200748.4%131446111068364912216363.7%755860615043533812125490.4%64472324839650134535.4%3176-84429045.0%15563670117792919829.989.0%20.3189.3212.4316.333,468,98596.6%1,502,5007,426,58618,998,9904,408,564

    1982595----223285.4%618171801412810828.3%23626264335754502124.2%9633617161215972831.0%1253265878293134042232145.9%117342171236363012738662.9%785831315074559962185391.6%67066506153653430364.5%4123-104447344.8%17223839115462832864.389.0%23.1187.8218.9339.734,432,50196.7%1,580,3707,710,42719,349,3374,652,444

    1983588----211468.6%11913501332133277130.2%29430355653902500526.4%8636925461214647234.7%1673260028356147562222647.9%125143651221380416069962.1%10161106923328644002444591.4%67769577981672134207.4%24211-174615550.7%195636831467830841005.589.9%25.0219.7263.8395.234,909,26996.8%1,658,7916,876,39120,223,5895,038,764

    1984665----2188810.6%17015652233723864729.8%427255573231196539126.4%10537141753217523735.9%21872918711959195582613948.2%136450541493469722144159.9%13121388433300840412924591.6%845737810462809331957.2%6211-145134051.3%246436251686534081204.791.0%30.7251.1339.0476.040,325,29497.0%1,805,5757,144,47524,335,2465,850,168

    1985750----1858713.7%2101804984373801731.5%428309570591391462931.6%15146830953719336641.0%24403586016977240302735037.0%13584493772348623515252.7%12771291228554810903028391.7%936706411384837226545.4%27104-115017952.3%271735981656733781223.090.7%30.8263.8340.7474.041,955,65997.2%1,843,3486,903,71225,873,3436,149,496

    198678929.2%105411651480520.2%2601984636783531938.8%605258790101500484234.2%24343439258723338344.9%33814339224851331663094244.2%173358861094494827653053.4%15021704233306957833471592.2%10688173116611109425149.5%57161-214898660.0%284036331890140421507.091.3%40.9307.1438.6589.7209,151.297.6%21,536.1182,693.4

    198785428.5%105711751713625.1%2513267577324522541.5%7363710117012619572035.4%24546955375829985352.2%45285875135522577733943747.7%223585701741627337803449.5%251224157431551172084728192.6%1321101981690615349167914.2%6814412146026666.6%376245232627455561707.692.2%45.0343.6551.2634.4229,221.297.6%22,901.4200,756.5

    1988103828.9%137022151921930.7%346428112611545526045.6%12214488156663830707436.4%25668767695340357054.9%48387686563789759804751651.4%2897104892769826849306942.2%420825844551041230876069693.4%187912645234581873221937.8%461112127905371.8%519965293793971111731.892.7%59.7357.6610.2578.3264,916.897.4%25,227.2232,686.3

    1989194628.7%149114522215938.9%489617619617486782551.0%12335721219875621782140.4%279741940119651631557.0%645793563918011027095253854.7%32011089738741075557050937.5%534726996562351251806237793.5%204913735235901897228476.1%331171248711673.2%573770844314278151747.893.3%63.7363.2648.0555.1275,174.697.2%25,579.3241,850.2

    1990240429.2%1810715752567537.9%596610235126907964655.2%12986320284187943818640.9%261742972137558981363.4%83321081511309131262516209155.7%37301257655881268663987433.5%665126995561241248066501693.8%251214357255451857329627.8%9205-179520672.3%597066514773385001802.893.5%74.8384.9705.2520.5286,947.597.0%27,774.6250,510.2

    1991208717.5%88162712914243.1%810719563839289449761.6%166773603886610320884041.4%3047041210144072563065.4%139981208711756921641557184358.5%38181445671491662076588628.6%745428064595411236977187093.1%319016079299851764429324.6%16416910188073.5%668073205169792292040.893.4%93.8438.9799.4574.7314,525.597.0%29,994.8275,228.1

    1992258116.0%119273033396749.6%75591831318557510365765.5%212388314541111504982443.6%2696831671165782464466.7%152031361532201331784748494080.0%434816135132193423492495323.8%768628316614371225267663293.1%4454184913255615875365511.0%1280111910335177.8%673271145693995932048.093.8%96.2435.7840.0548.4339,649.697.0%32,103.3297,278.2

    1993298521.5%14160214483682353.6%82996682206703112123870.6%26391160058797125241137543.6%2628002119177393586271.5%203881775782811361899489174481.8%4623163921528238781104625020.1%776528009616971123428223693.4%4921206863695114233422811.1%21992124711947379.4%766377566964197682239.094.0%113.7488.2989.6512.7360,911.196.8%31,885.5317,479.7TotalFoodCrude MaterialMineralFuel

    1994405428.2%12227988074005352.6%101094703048755015392174.6%40831390682200146091348345.0%30687429071982113760072.3%2417418959938077622738612100683.8%6236232182198549937117001317.9%841826455622111124729601393.6%6339229494706713504540511.8%22472436714732783.3%8418885694199111852456.093.9%143.6578.61113.3471.840497698.3%6894182625242544

    1995544932.8%313508913154541852.1%1524104383828787618498775.7%562916340101995161321744743.4%343111638692245140631173.1%4301025435447553825578914878085.6%9094322403140754548134412716.2%9178257116814911530412505892.4%8944275686564613382504414.3%23464932616751586.1%999911614110007125522949.694.0%199.2684.41419.9468.241530998.3%7003168827902525

    1996725637.3%6638241518474981552.6%1726107964999868819702676.7%625618290108930177142054343.6%353114150972368141211171.4%3870322507253675320744415104885.5%8877284983531256424139791714.3%8691245385936010719312971589.4%9148269596758412237548815.9%23865942517627284.7%988510072116262131033176.694.2%194.6723.41599.2475.544731398.3%7423189431942335

    1997918547.9%10756375329795344443.3%187697024624694222089077.4%787819871123984193262522845.4%383111375342436180669971.5%6682327951770534724035918279286.9%10227344324370970467145594913.7%8077223505870710974913616488.1%10666290976811012032644715.9%34467350218561385.3%1113610402122474142603481.795.6%200.6809.71828.8489.450938098.3%8514236335202631

    1998936046.5%9444180930074884845.4%209187734656665928656379.7%996223819169702249462949640.5%34095382532389224745472.7%8881434519990441229442418380988.8%10321324775021770200134764913.4%6753181644647110877013231387.9%10235285846509012421675618.9%106905252718376385.6%118328327122116150243693.396.3%209.0849.31998.5500.450645098.4%7960238536501925

    19991154048.0%14786597835514866555.3%2382110315293822332156081.1%1035324243200072261883503742.1%2951048110922325221396574.5%10351534331693234227069319493189.8%10373332625883672510134900012.2%5655156233973110311414368690.9%10757279167795413919710327.3%1602280105319429087.0%153268445128807164143917.496.3%231.5839.72187.4515.547548098.5%7040213032101700

    2000143086212458.3%31671233910769994837330781.3%1429925896233332298763807847.9%3281222140492656277773376.2%159418426418121436331549024920389.7%12098425498260286282157268911.1%6300158774484610777317262890.9%13784303801002751243323782686.3%164889017160402193824616.396.2%287.9896.82696.6559.951654098.6%7390212034001870

    2001

    ADB, Key Indicators of Developing Asian and Pacific Countries, 2001/1993;

    IMF, International Financial Statistics Yearbook 1990.

    For Japan, Japan Statistical Yearbook 2002/1999, Statistics Bureau/Statistical Research and Training Institute,

    Mill PesosRATEBillion YuanRATEChemMaterialsMachineMisc.Billion WonRATEChemicalsMaterialsMachineryMisc. MfgBillion T$RATEChemMaterialsMachineMisc.RATEChemMaterialsMachineMisc.

    196012582.0156.32.4618263.13

    196113542.024.782.46185124.79

    196218983.72794.712.46187130

    196325523.910452.461811130

    196416043.915.542.461825213.85

    196527283.90926.312.461847266.4

    196632203.96.62.461868271.34

    196731993.95.882.461887270.52

    196833453.95.762.4618126276.65

    196933323.95.982.4618179288.16

    197061835.90445.682.4618259310.56

    197170646.43176.852.4618371347.15

    197273516.67488.292.2451638392.89

    1973127356.756311.691.98941285398.32

    1974185056.787913.941.96121804404.47

    1975166077.247914.31.8598----2459484201.5383.947.739.373

    197613.481.9414----309.9386.572.865.1119.2

    197713.971.8578----355.1388.279.280134.3

    197816.761.6836----468.437.0548.9109.8109.4173.5

    197921.171.5550----579.336.04812.2147.9136.6209.1

    198027.111.49841.685.991.264.25712.236.01518163.5176270.6

    198136.761.70452.247.861.826.22829.936.84920.3189.3212.4316.3

    198241.381.89252.227.982.346.87864.339.12423.1187.8218.9339.7

    43.831.97572.478.612.417.51005.540.06525219.7263.8395.2

    25.1

    Summary

    Manufactured exports (% of total exports)

    (Value-copied from data table)

    JapanTaiwanKoreaSingaporeMalaysiaThailandPhilippinesIndonesiaChinaVietnamMyanmar

    197595.4%81.3%81.6%41.8%30.4%19.6%16.3%2.4%4.5%

    197696.1%85.1%87.7%44.7%26.5%21.8%17.9%2.1%2.9%

    197796.5%85.0%84.9%43.0%26.5%23.5%18.3%3.5%5.0%

    197896.6%85.7%88.5%46.0%30.7%29.9%22.2%4.2%25.8%

    197996.2%87.3%89.2%46.2%27.2%31.8%23.6%5.3%5.3%

    198096.0%88.2%90.2%44.7%27.8%34.9%24.1%3.9%48.6%7.5%

    198196.6%89.0%90.4%45.0%27.7%31.1%25.3%4.4%48.4%5.4%

    198296.7%89.0%91.6%44.8%28.3%31.0%24.2%5.4%45.9%4.5%

    198396.8%89.9%91.4%50.7%30.2%34.7%26.4%8.6%47.9%7.4%

    198497.0%91.0%91.6%51.3%29.8%35.9%26.4%10.6%48.2%7.2%

    198597.2%90.7%91.7%52.3%31.5%41.0%31.6%13.7%37.0%5.4%

    198697.6%91.3%92.2%60.0%38.8%44.9%34.2%20.2%44.2%29.2%9.5%

    198797.6%92.2%92.6%66.6%41.5%52.2%35.4%25.1%47.7%28.5%14.2%

    198897.4%92.7%93.4%71.8%45.6%54.9%36.4%30.7%51.4%28.9%7.8%

    198997.2%93.3%93.5%73.2%51.0%57.0%40.4%38.9%54.7%28.7%6.1%

    199097.0%93.5%93.8%72.3%55.2%63.4%40.9%37.9%55.7%29.2%7.8%

    199197.0%93.4%93.1%73.5%61.6%65.4%41.4%43.1%58.5%17.5%4.6%

    199297.0%93.8%93.1%77.8%65.5%66.7%43.6%49.6%80.0%16.0%11.0%

    199396.8%94.0%93.4%79.4%70.6%71.5%43.6%53.6%81.8%21.5%11.1%

    199498.3%93.9%93.6%83.3%74.6%72.3%45.0%52.6%83.8%28.2%11.8%

    199598.3%94.0%92.4%86.1%75.7%73.1%43.4%52.1%85.6%32.8%14.3%

    199698.3%94.2%89.4%84.7%76.7%71.4%43.6%52.6%85.5%37.3%15.9%

    199798.3%95.6%88.1%85.3%77.4%71.5%45.4%43.3%86.9%47.9%15.9%

    199898.4%96.3%87.9%85.6%79.7%72.7%40.5%45.4%88.8%46.5%18.9%

    199998.5%96.3%90.9%87.0%81.1%74.5%42.1%55.3%89.8%48.0%27.3%

    200098.6%96.2%90.9%86.3%81.3%76.2%47.9%58.3%89.7%

    Graph

    Sources: ADB, Key Indicators of Developing Asian and Pacific Countries, 2001/1993; IMF, International Financial Statistics Yearbook 1990. For Japan, Japan Statistical Yearbook 2002/1999, Statistics Bureau/Statistical Research and Training Institute, Ministry of Public Management, Home Affairs, Posts and Telecommunications, Japan.

    Export02

    Manufactured exports (SITC5,6,7,8)

    Vietnam (Million US$)Indonesia (Million US$)Malaysia (Million Ringgit)Philippines (Million US$)Thailand (Million Baht)China (Million US$)Hong Kong (Million HK$)Korea, Rep. (Million US$)Myanmer (Million Kyats)Singapore (Million S'pore$)Taiwan (Billion New Taiwan$)Japan

    Total exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. MfgTotal exp.Manu%ChemicalsMaterialsMachineryMisc. Mfg

    1960841363362486142559321065.53477

    19617843238670999719424010543309

    1962682326050995291913541261.13417

    1963696333065396762031851287.63475

    196472433824101233922501171110.22772

    196570837836981294125631761072.23004

    19666793846826140992681251925.83374

    19676653727820141662388322589.53491

    19687314123858136792340455530.63891

    19698545055854147092429621627.14741

    19701108516310471477223078345134756

    19711234501710981727527831069594.65371

    19721777485411012249136921624653.56149

    19733211737218853222658763226640.48907

    197474261019527264979971084460911.814155

    1975-----71022.4%24923221923130.4%791624573529229416.3%22238121014500719.6%2436419573158276892983174.3%1923079333215565508181.6%691495762182113224.5%1643-11275841.8%47610862895880201.581.3%3.947.739.373.016,545,31495.4%1,152,9685,199,8858,132,5671,292,248

    1976-----85472.1%287453271344226.5%822133740609257417.9%27240251696079721.8%26893361231243269434155676.2%2354308479122322771587.7%11423471383292516282.9%740-11626744.7%610132941071232309.985.1%6.572.865.1119.219,934,61896.1%1,111,9555,594,94010,650,4051,792,365

    1977-----108533.5%6023660291495926.5%8723241001545315118.3%51255542167119823.5%298119631713275075204483475.6%30342015702236681004784.9%22130321853342616005.0%871-12008943.0%716160249171402355.185.0%8.279.280.0134.321,648,07096.5%1,158,0305,551,09612,034,1952,154,636

    1978648----116434.2%5533271311707430.7%10228251816496342522.2%59306753228306529.9%444174792719421399555390772.7%34546356403278151271188.5%329379627114414206625.8%12522--2298646.0%870226057151725468.485.7%8.9109.8109.4173.520,555,84196.6%1,076,8894,869,17111,720,2852,191,560

    1979587----155905.3%64571116812422227.2%13133152535604460123.6%1124198846610817931.8%7222353239726149136147593470.8%43265099314375251505689.2%50448313236485425885.3%1134-33094046.2%1124284282172122579.387.3%12.2147.9136.6209.122,531,53996.2%1,332,4015,725,29112,080,7212,528,841

    1980537----239513.9%846151091202817227.8%17236913238738578824.1%11853313261213319734.9%93629474761884671809948.6%1121399884128369824366.6%542773212375448141750590.2%75562523555522927337.5%-203-24145244.7%14183442110892572712.288.2%18.0163.5176.0270.629,382,47296.0%1,544,4637,074,55316,084,4823,509,883

    1981467----251654.4%647771541212710927.7%19232813325700572225.3%10547616170415300131.1%1191269417662117312200748.4%131446111068364912216363.7%755860615043533812125490.4%64472324839650134535.4%3176-84429045.0%15563670117792919829.989.0%20.3189.3212.4316.333,468,98596.6%1,502,5007,426,58618,998,9904,408,564

    1982595----223285.4%618171801412810828.3%23626264335754502124.2%9633617161215972831.0%1253265878293134042232145.9%117342171236363012738662.9%785831315074559962185391.6%67066506153653430364.5%4123-104447344.8%17223839115462832864.389.0%23.1187.8218.9339.734,432,50196.7%1,580,3707,710,42719,349,3374,652,444

    1983588----211468.6%11913501332133277130.2%29430355653902500526.4%8636925461214647234.7%1673260028356147562222647.9%125143651221380416069962.1%10161106923328644002444591.4%67769577981672134207.4%24211-174615550.7%195636831467830841005.589.9%25.0219.7263.8395.234,909,26996.8%1,658,7916,876,39120,223,5895,038,764

    1984665----2188810.6%17015652233723864729.8%427255573231196539126.4%10537141753217523735.9%21872918711959195582613948.2%136450541493469722144159.9%13121388433300840412924591.6%845737810462809331957.2%6211-145134051.3%246436251686534081204.791.0%30.7251.1339.0476.040,325,29497.0%1,805,5757,144,47524,335,2465,850,168

    1985750----1858713.7%2101804984373801731.5%428309570591391462931.6%15146830953719336641.0%24403586016977240302735037.0%13584493772348623515252.7%12771291228554810903028391.7%936706411384837226545.4%27104-115017952.3%271735981656733781223.090.7%30.8263.8340.7474.041,955,65997.2%1,843,3486,903,71225,873,3436,149,496

    198678929.2%105411651480520.2%2601984636783531938.8%605258790101500484234.2%24343439258723338344.9%33814339224851331663094244.2%173358861094494827653053.4%15021704233306957833471592.2%10688173116611109425149.5%57161-214898660.0%284036331890140421507.091.3%40.9307.1438.6589.7209,151.297.6%21,536.1182,693.4

    198785428.5%105711751713625.1%2513267577324522541.5%7363710117012619572035.4%24546955375829985352.2%45285875135522577733943747.7%223585701741627337803449.5%251224157431551172084728192.6%1321101981690615349167914.2%6814412146026666.6%376245232627455561707.692.2%45.0343.6551.2634.4229,221.297.6%22,901.4200,756.5

    1988103828.9%137022151921930.7%346428112611545526045.6%12214488156663830707436.4%25668767695340357054.9%48387686563789759804751651.4%2897104892769826849306942.2%420825844551041230876069693.4%187912645234581873221937.8%461112127905371.8%519965293793971111731.892.7%59.7357.6610.2578.3264,916.897.4%25,227.2232,686.3

    1989194628.7%149114522215938.9%489617619617486782551.0%12335721219875621782140.4%279741940119651631557.0%645793563918011027095253854.7%32011089738741075557050937.5%534726996562351251806237793.5%204913735235901897228476.1%331171248711673.2%573770844314278151747.893.3%63.7363.2648.0555.1275,174.697.2%25,579.3241,850.2

    1990240429.2%1810715752567537.9%596610235126907964655.2%12986320284187943818640.9%261742972137558981363.4%83321081511309131262516209155.7%37301257655881268663987433.5%665126995561241248066501693.8%251214357255451857329627.8%9205-179520672.3%597066514773385001802.893.5%74.8384.9705.2520.5286,947.597.0%27,774.6250,510.2

    1991208717.5%88162712914243.1%810719563839289449761.6%166773603886610320884041.4%3047041210144072563065.4%139981208711756921641557184358.5%38181445671491662076588628.6%745428064595411236977187093.1%319016079299851764429324.6%16416910188073.5%668073205169792292040.893.4%93.8438.9799.4574.7314,525.597.0%29,994.8275,228.1

    1992258116.0%119273033396749.6%75591831318557510365765.5%212388314541111504982443.6%2696831671165782464466.7%152031361532201331784748494080.0%434816135132193423492495323.8%768628316614371225267663293.1%4454184913255615875365511.0%1280111910335177.8%673271145693995932048.093.8%96.2435.7840.0548.4339,649.697.0%32,103.3297,278.2

    1993298521.5%14160214483682353.6%82996682206703112123870.6%26391160058797125241137543.6%2628002119177393586271.5%203881775782811361899489174481.8%4623163921528238781104625020.1%776528009616971123428223693.4%4921206863695114233422811.1%21992124711947379.4%766377566964197682239.094.0%113.7488.2989.6512.7360,911.196.8%31,885.5317,479.7TotalFoodCrude MaterialMineralFuel

    1994405428.2%12227988074005352.6%101094703048755015392174.6%40831390682200146091348345.0%30687429071982113760072.3%2417418959938077622738612100683.8%6236232182198549937117001317.9%841826455622111124729601393.6%6339229494706713504540511.8%22472436714732783.3%8418885694199111852456.093.9%143.6578.61113.3471.840497698.3%6894182625242544

    1995544932.8%313508913154541852.1%1524104383828787618498775.7%562916340101995161321744743.4%343111638692245140631173.1%4301025435447553825578914878085.6%9094322403140754548134412716.2%9178257116814911530412505892.4%8944275686564613382504414.3%23464932616751586.1%999911614110007125522949.694.0%199.2684.41419.9468.241530998.3%7003168827902525

    1996725637.3%6638241518474981552.6%1726107964999868819702676.7%625618290108930177142054343.6%353114150972368141211171.4%3870322507253675320744415104885.5%8877284983531256424139791714.3%8691245385936010719312971589.4%9148269596758412237548815.9%23865942517627284.7%988510072116262131033176.694.2%194.6723.41599.2475.544731398.3%7423189431942335

    1997918547.9%10756375329795344443.3%187697024624694222089077.4%787819871123984193262522845.4%383111375342436180669971.5%6682327951770534724035918279286.9%10227344324370970467145594913.7%8077223505870710974913616488.1%10666290976811012032644715.9%34467350218561385.3%1113610402122474142603481.795.6%200.6809.71828.8489.450938098.3%8514236335202631

    1998936046.5%9444180930074884845.4%209187734656665928656379.7%996223819169702249462949640.5%34095382532389224745472.7%8881434519990441229442418380988.8%10321324775021770200134764913.4%6753181644647110877013231387.9%10235285846509012421675618.9%106905252718376385.6%118328327122116150243693.396.3%209.0849.31998.5500.450645098.4%7960238536501925

    19991154048.0%14786597835514866555.3%2382110315293822332156081.1%1035324243200072261883503742.1%2951048110922325221396574.5%10351534331693234227069319493189.8%10373332625883672510134900012.2%5655156233973110311414368690.9%10757279167795413919710327.3%1602280105319429087.0%153268445128807164143917.496.3%231.5839.72187.4515.547548098.5%7040213032101700

    2000143086212458.3%31671233910769994837330781.3%1429925896233332298763807847.9%3281222140492656277773376.2%159418426418121436331549024920389.7%12098425498260286282157268911.1%6300158774484610777317262890.9%13784303801002751243323782686.3%164889017160402193824616.396.2%287.9896.82696.6559.951654098.6%7390212034001870

    2001

    ADB, Key Indicators of Developing Asian and Pacific Countries, 2001/1993;

    IMF, International Financial Statistics Yearbook 1990.

    For Japan, Japan Statistical Yearbook 2002/1999, Statistics Bureau/Statistical Research and Training Institute,

    Mill PesosRATEBillion YuanRATEChemMaterialsMachineMisc.Billion WonRATEChemicalsMaterialsMachineryMisc. MfgBillion T$RATEChemMaterialsMachineMisc.RATEChemMaterialsMachineMisc.

    196012582.0156.32.4618263.13

    196113542.024.782.46185124.79

    196218983.72794.712.46187130

    196325523.910452.461811130

    196416043.915.542.461825213.85

    196527283.90926.312.461847266.4

    196632203.96.62.461868271.34

    196731993.95.882.461887270.52

    196833453.95.762.4618126276.65

    196933323.95.982.4618179288.16

    197061835.90445.682.4618259310.56

    197170646.43176.852.4618371347.15

    197273516.67488.292.2451638392.89

    1973127356.756311.691.98941285398.32

    1974185056.787913.941.96121804404.47

    1975166077.247914.31.8598----2459484201.5383.947.739.373

    197613.481.9414----309.9386.572.865.1119.2

    197713.971.8578----355.1388.279.280134.3

    197816.761.6836----468.437.0548.9109.8109.4173.5

    197921.171.5550----579.336.04812.2147.9136.6209.1

    198027.111.49841.685.991.264.25712.236.01518163.5176270.6

    198136.761.70452.247.861.826.22829.936.84920.3189.3212.4316.3

    198241.381.89252.227.982.346.87864.339.12423.1187.8218.9339.7

    43.831.97572.478.612.417.51005.540.06525219.7263.8395.2

    25.1

    Summary

    Manufactured exports (% of total exports)

    (Value-copied from data table)

    JapanTaiwanKoreaSingaporeMalaysiaThailandPhilippinesIndonesiaChinaVietnamMyanmar

    197595.4%81.3%81.6%41.8%30.4%19.6%16.3%2.4%4.5%

    197696.1%85.1%87.7%44.7%26.5%21.8%17.9%2.1%2.9%

    197796.5%85.0%84.9%43.0%26.5%23.5%18.3%3.5%5.0%

    197896.6%85.7%88.5%46.0%30.7%29.9%22.2%4.2%25.8%

    197996.2%87.3%89.2%46.2%27.2%31.8%23.6%5.3%5.3%

    198096.0%88.2%90.2%44.7%27.8%34.9%24.1%3.9%48.6%7.5%

    198196.6%89.0%90.4%45.0%27.7%31.1%25.3%4.4%48.4%5.4%

    198296.7%89.0%91.6%44.8%28.3%31.0%24.2%5.4%45.9%4.5%

    198396.8%89.9%91.4%50.7%30.2%34.7%26.4%8.6%47.9%7.4%

    198497.0%91.0%91.6%51.3%29.8%35.9%26.4%10.6%48.2%7.2%

    198597.2%90.7%91.7%52.3%31.5%41.0%31.6%13.7%37.0%5.4%

    198697.6%91.3%92.2%60.0%38.8%44.9%34.2%20.2%44.2%29.2%9.5%

    198797.6%92.2%92.6%66.6%41.5%52.2%35.4%25.1%47.7%28.5%14.2%

    198897.4%92.7%93.4%71.8%45.6%54.9%36.4%30.7%51.4%28.9%7.8%

    198997.2%93.3%93.5%73.2%51.0%57.0%40.4%38.9%54.7%28.7%6.1%

    199097.0%93.5%93.8%72.3%55.2%63.4%40.9%37.9%55.7%29.2%7.8%

    199197.0%93.4%93.1%73.5%61.6%65.4%41.4%43.1%58.5%17.5%4.6%

    199297.0%93.8%93.1%77.8%65.5%66.7%43.6%49.6%80.0%16.0%11.0%

    199396.8%94.0%93.4%79.4%70.6%71.5%43.6%53.6%81.8%21.5%11.1%

    199498.3%93.9%93.6%83.3%74.6%72.3%45.0%52.6%83.8%28.2%11.8%

    199598.3%94.0%92.4%86.1%75.7%73.1%43.4%52.1%85.6%32.8%14.3%

    199698.3%94.2%89.4%84.7%76.7%71.4%43.6%52.6%85.5%37.3%15.9%

    199798.3%95.6%88.1%85.3%77.4%71.5%45.4%43.3%86.9%47.9%15.9%

    199898.4%96.3%87.9%85.6%79.7%72.7%40.5%45.4%88.8%46.5%18.9%

    199998.5%96.3%90.9%87.0%81.1%74.5%42.1%55.3%89.8%48.0%27.3%

    200098.6%96.2%90.9%86.3%81.3%76.2%47.9%58.3%89.7%

    Graph

    0.95360341910.81339950370.81617791770.41832575640.30386740330.19590285960.1625980820.0237961138197519750.0453857791

    0.96062362470.85059696680.87738172390.44740886460.26513911620.21821800420.17909867910.0212940213197619760.0294840295

    0.96534965930.84961982540.8492087190.42993678130.26452302960.23489423860.18279911140.0354740625197719770.05

    0.96604682820.85738684880.88506018410.45984512310.30684081060.29922349970.22248175180.0419994847197819780.2584704743

    0.96164110230.87312273430.89167109460.46234647710.27186029230.31776037860.23581830040.0533675433197919790.0533230294

    0.96021127830.88191519240.90208511850.44680594420.2782550050.34906942350.2410158950.03874577260.485996415219800.0750091475

    0.96616733370.88962525610.90411216710.449853240.27658711130.31061888480.25270884310.04434730780.483592362919810.0541558065

    0.96689398190.89031586250.91552647230.44833944190.28287320340.31013347690.24198366860.05369939090.459489931919820.0451251647

    0.96815361560.89875683740.91372468810.50700899140.30160812910.34673521220.26393606390.08583183580.478763610219830.0736842105

    0.97049420150.9104341330.91564369980.5134787690.29759101610.35889110180.2643294380.10645102340.482344389619840.0723004695

    0.97173778150.90703188880.91655384210.52332649120.3149380540.41013932130.31648304170.13713886050.369616087819850.0535041447

    0.97646822010.91327140010.92167650870.60049810150.38794982870.44900442620.34200743490.2016210740.44150345810.29150823830.0950676213

    0.97572955730.92187866010.92582644190.66563236320.41494748480.52216919620.3540209790.25134220350.47719146990.28454332550.1417510423

    0.9735641530.92724333060.93439435880.71822701230.456116540.54878211960.3635849590.30735209950.51399528580.2890173410.0779753762

    0.97185387020.93260098410.93537682160.73210432070.5095761150.57044633610.40352896050.38851031180.54678518410.28674203490.0614682122

    0.96981085390.9348790770.93803063860.7232107220.55218090050.63350078750.40923527970.37931840310.5569245140.29159733780.077987846

    0.97042338380.93433947470.93081953530.73543384370.61603013850.65421220180.4138009050.43137053050.58520663110.17537134640.0460436562

    0.96976854970.93764648440.93141246480.77771864810.65474594090.66690959980.43566775240.49551034830.79981163170.16001549790.1097127223

    0.96800901940.93979455110.9337881220.7937190830.70571932890.71490241080.43551648350.53591505310.81834234390.21541038530.1109271523

    0.9829767690.93945439740.93590451290.83255615060.74582415650.72251670180.45012237630.52625271520.83777663920.28219042920.1184088807

    0.98313785640.93968673720.92389131440.8606512850.75732889340.73148186990.43405743110.5210709410.85555182150.32758304280.1433386201

    0.9834053560.94210791410.89371314030.84711128260.76736065290.71380507620.43610962370.52612666870.85476802080.37348401320.1588921283

    0.98328556280.95599850650.88059252080.8526988950.77440807640.71514181390.45449500550.43305141830.86893846560.47925966250.158833566

    0.98428275250.96314948690.87920310170.85598841990.79713361460.72653277890.40463113640.45404110710.88795978430.46485042740.1893132031

    0.98519390930.96341961510.90855058950.86979257810.8112203010.74520870930.42126894430.55335456690.89765609370.48015597920.2725608898

    0.98569326670.96206918960.90872859560.86318989510.81274393460.7616603180.47941068330.58307578390.896983583720002000

    Source: ADB, Key Indicators of Developing Asian and Pacific Countries, 2001/1993; IMF, International Financial Statistics Yearbook 1990. For Japan, Japan Statistical Yearbook 2002/1999, Statistics Bureau/Statistical Research and Training Institute, Ministry of Public Management, Home Affairs, Posts and Telecommunications, Japan.

    Japan

    Taiwan

    Korea

    Singapore

    Malaysia

    Thailand

    Philippines

    Indonesia

    China

    Vietnam

    Myanmar

    Manufactured Exports(% of total exports)

  • Structural Transformation in East Asia

    Japan

    NIEs

    ASEAN4

    Latecomers

    Latestcomers

    Country

    Time

    Garment

    Steel

    Popular TV

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    1

    3

    2

  • 1JapanGarmentSteelPopular TVVideoHDTVCompetitivenessTimeCompetitivenessTimeCompetitiveness2GarmentJapanNIEsASEAN4LatecomersLatest comersInternational Division of Labor3GarmentSteelPopular TVVideoHDTVJapanNIEsASEAN4LatecomersLatest comers

  • sin

    157695871607356146165

    183576634907057114660

    4009816879218271685910231

    10453935527413973347716812

    11140434097456113635619468

    &A

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    East Asia

    Japan

    North America

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    Others

    Singapore

    hkg

    134476051836185931772

    2479381271303083432116

    796261794928346255064772

    19221439198565854842113059

    20140138753576925035013529

    &A

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    Japan

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    Others

    Hong Kong

    tai

    519274741239248133649

    717284732370153633778

    283562393737964199296179

    724474318052687305919679

    7461940804525233076410543

    &A

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    East Asia

    Japan

    North America

    Europe

    Others

    Taiwan

    kor

    380988971023846665827

    6534121031920666376150

    169743121239589194299927

    6194749685589683426426552

    7061147398589893716631867

    &A

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    East Asia

    Japan

    North America

    Europe

    Others

    Korea

    mal

    64805429393142111991

    94016617409843181750

    21098115611044494743079

    538073037828983233097084

    623062972027408228308165

    &A

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    East Asia

    Japan

    North America

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    Others

    Malaysia

    tha

    34412934231132871634

    39853401265530341089

    12948141139518112843530

    353103110219677205167564

    358932982220410200867343

    &A

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    East Asia

    Japan

    North America

    Europe

    Others

    Thailand

    phi

    21873191368920481378

    2613162431121217750

    47764019595030991971

    1238290431191061933598

    13196105841366563664376

    &A

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    East Asia

    Japan

    North America

    Europe

    Others

    Philippines

    ind

    591214206583730301972

    519411238600531791833

    1138916378643277302873

    234992221112193146316091

    271172138913009167687848

    &A

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    East Asia

    Japan

    North America

    Europe

    Others

    Indonesia

    chi

    67639201576758871749

    1584221269891892583091

    518071686613832155423544

    9875057473450814077716056

    9993660078470853998018952

    &A

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    East Asia

    Japan

    North America

    Europe

    Others

    China

    vie

    1521631271124

    15617418637

    1454509845580

    7527248255124691309

    83042966109835501289

    &A

    - &P -

    East Asia

    Japan

    North America

    Europe

    Others

    Vietnam

    jap

    65313636782973750701

    761481021443477346071

    14850915926610030355017

    30462321463612144272639

    30046720832211406071438

    &A

    - &P -

    East Asia

    North America

    Europe

    Others

    Japan

    asia

    6315263417586004242026261

    9404779660897964714625254

    26852615342317391012930746186

    662422320279328032254648107804

    704787315611337490264216123380

    East Asia

    Japan

    N. America

    Europe

    Others

    East Asia's Trading Partners

    data

    SingaporeHong KongTaiwanKoreaMalaysiaThailandPhilippinesIndonesiaChinaVientamJapanEast Asia

    198019851990199519961980198519901995199619801985199019951996198019851990199519961980198519901995199619801985199019951996198019851990199519961980198519901995199619801985199019951996198019851990199519961980198519901995199619801985199019951996

    East Asia1576918357400981045391114041344724793796261922142014015192717228356724477461938096534169746194770611648094012109853807623063441398512948353103589321872613477612382131965912519411389234992711767631584251807987509993615215614547527830465313761481485093046233004676315294047268526662422704787

    Japan5871663416879355273409760518127179493919838753747484732393743180408048897121033121249685473985429661711561303782972029343401141133110229822319116244019904310584142061123816378222112138992012126916866574736007816317450924822966000006341779660153423320279315611

    N. America607390702182741397456118361130302834656585576921239223701379645268752523102381920639589589685898939314098104442898327408231126559518196772041036893112595011910136655837600564321219313009576789181383245081470851185511098636781021441592662146362083225860089796173910328032337490

    Europe5614571116859334773635685938343255064842150350481353631992930591307644666663719429342643716642114318947423309228303287303411284205162008620481217309961936366303031797730146311676858879258155424077739980271864552469355029737347731003031214421140604242047146129307254648264216

    Others6165466010231168121946817722116477213059135293649377861799679105435827615099272655231867199117503079708481651634108935307564734313787501971359843761972183328736091784817493091354416056189521243780130912895070146071550177263971438262612525446186107804123380

    25385033590377135216731851745484

    East Asia0.24877683670.2799826140.34812381380.39590481630.403777405

    Japan0.24982076030.23715179680.19890140950.19141876120.1808157508

    N. America0.23084498720.26732717480.2254612680.19605243890.193350383

    Europe0.1671065590.14035599560.16763682470.15219357090.1513711956

    Others0.10345085680.07518241870.05987668410.06443041270.0706852655

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  • Foreign Direct Investment Flows(Billions of USD / year)[1st Half of 1990s][2nd Half of 1990s]1.32.42.24.87.89.81.32.44.38.78.511.52.6Source: Ministry of Economy, Trade and Industry, White Paper on International Trade 2002, p12.Note: Flows less than $1 billion are not shown. The NIEs to China flow excludes Hong Kong.

  • 18.67.25.0Trade in Machine Parts(Billions of USD / year)[1990][1998]6.929.96.815.321.75.519.27.68.5Source: Ministry of Economy, Trade and Industry, White Paper on International Trade 2001, p12.Note: Flows less than $5 billion are not shown.

  • The Role of GovernmentIn low-income or transition economies with undeveloped markets, privatization and free trade alone may not lead to prosperityUnregulated markets may be unstable and polarize income (domestically and globally)Escape from the vicious circle of low income, low saving and low productivity

  • Factors often cited: not true causesHigh level of educationExport promotionHigh savings and investmentIncome equality and shared growthGood government-business relationshipSelective interventionThese are tools needed to join the regional production network, which each country must prepare

  • Basic Roles of East Asian StatesPolitical stability and social integration (precondition for development)Task 1: Create a competitive market economyTask 2: Initiate and manage global integrationTask 3: Cope with negative aspects of growth(emerging income gaps, congestion, pollution, corruption, etc.)

  • Authoritarian DevelopmentalismWhat if the government is weak?East Asian answer: install a strong state with economic capability--National obsession with industrialization and export competitiveness--Powerful and economically literate leader--Elite team to support the leader--Top down: not necessarily democratic by Western standards

  • Authoritarian

    Authoritarian Developmentalism in East Asia

    1945505560657075808590952000

    60617987889297

    KoreaRhee SyngmanPark Chung-heeChun Doo-hwanNoh Tae-wooKim Dae-jung

    49757888Kim Young-sam

    TaiwanNationalist PartyChiang Kai-shekChiang Ching-kuoLee Teng-huiChen Shui-bian

    464853576165869298

    PhilippinesQuirinoGarciaMarcosAquinoRamosEstrada

    MagsaysayMacapagal99

    IndonesiaSkarnoSuhartoWahid

    55596590Habibie

    SingaporeLabor PartyPeople's Action PartyLee Kuan-yewGoh Chok-tong

    57707681

    MalaysiaUMNO / RahmanRazakHusseinMahathir

    464857586373757780889197

    ThailandPhibunSaritThanomPremChuan

    5176KriangsakChatichai

    VietnamIndochina Communist PartyLabor PartyVietnamese Communist Party

    486288

    MyanmarU NuBurma Socialist Programme Party / Ne WinSLORC

    Source: Akira Suehiro, Catch-up Type Industrialization, Nagoya University Press, 2000, p115.

    Sheet2

    Sheet3

  • Rise & Fall of Auth. DevelopmentalismEstablished under severe threat to national security or unityOften by military coupReplaces a previous weak governmentEconomic growth legitimizes the regimeOver time, its own success undermines legitimacy and leads to democratic transition (Korea, Taiwan)

  • Redefining Good GovernanceTo initiate trade-driven growth, different and narrower conditions are needed--Strong leadership with ownership--Administrative mechanisms for policy consistency and effective implementationHigh-performing East Asia did not have--Transparency, accountability, participatory process, clean government, privatization, free trade (maybe not necessary for initiating growth?)

  • Role of Regional CooperationTo maintain Asian dynamism, regional efforts are essentialAvoid or remove difficulties and crisesSupport the private sector from sidelinesPresent visions to reduce uncertainty

  • From Market-led to Institution-ledPreviously,--Integration by private sector (trade, FDI)--Open regionalism--Informal and voluntaryNow, institutionalization has begun--ASEAN+3 is the main framework--AFTA, ARF, ASEM, AIA, IAI, Chiang Mai Initiative...--Bilateral and regional FTAs are proposed (some concluded)--Initiative for Development in East Asia (IDEA)

  • Remaining Issues for East AsiaMaintaining regional peace and securityNarrowing the gap between early developers and latecomersPromoting globalization while mitigating its negative impactsHRD, institution building, governance for strengthening competitiveness

  • East Asia Should Also:Project its views to the world--Markets must be managed properly--Diversity, not uniformity, in development strategies--IMFs wrong response to the Asian crisisStudy the new modality of industrial promotion in the age of globalization--Neither laissez-faire nor protectionism

  • Japans Role in East Asia1. By far the largest ODA donor2. Large trading partner (together with US, EU)3. Japanese firms are chief architects of regional production network through FDI (especially in electronics)4. Regional leadership?5. Economic vitality?

  • Japanese ODATwo-track principle(1) For the prosperity of Japan and East Asia(2) For solving global issues (poverty, health, education, environment, refugees...)Helping the self-help effort of LDCs--To grow and become equal trading partnersSupplementing private dynamism--Infrastructure, HRD, policy/institutional support--Coping with growth-induced problems

  • Poverty Reduction in East AsiaExtreme poverty in East Asia already halved(1990: 27.6% 1999: 14.2%)National strategy for equitable growth in place(even before PRSP)Aid coordination centered on pro-poor measures unlikely to work in East AsiaVietnam: strong ownership, growth and equity, PRSP under existing national strategy(Does Vietnam really need an externally imposed PRSP?)

  • Implications for AfricaSimple replication will not work--Different situations, no regional network--However, methodology for policy formulation can be transferredAfrica must balance:--Fight against poverty (humanitarian)--Growth generation (for long-term self support)Concrete growth strategy needed, in addition to PRSP

  • Japans Approach Emphasizes:Respect for each countrys uniqueness Long-term and holistic perspectiveReal-sector concern (trade, investment, key industries, technology...)Help in good times as well as badThis can complement the current approach based on short-term conditionality, frequent monitoring and globally common framework

  • Steps to Japanese InvolvementFirst, build domestic support for more aid to Africa (but ODA is being cut)Select a few countries and study deeply--New selectivity criteria for growth--Create a permanent policy research team--Work with government, IFIs, other donors--Support growth component of PRSPPropose a concrete and realistic strategy, with additional ODA

  • Last WordsJapan already extends such policy support to Vietnam, Laos, Myanmar, Mongolia...(but it must be further improved)Ad hoc, short-term involvements are unlikely to produce lasting results

  • THE ENDPhoto by Saizou Uchida (location: Sakai-gun, Fukui Prefecture, Japan)

    This paper does not report research results. Rather, it is a proposal for research agenda for the purpose of projecting Japans views on economic cooperation onto the rest of the world.Foreign Direct Investment Flows