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Rethinking the Middle-Income Trap in Emerging Asian Economies : China, Malaysia, and Thailand
http://hdl.handle.net/10959/00004573
http://hdl.handle.net/10959/00004573d1d60c11-1e90-4f36-ba73-ed1b7425e885
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
AGISSS_1_1_40.pdf (1.6 MB)
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| Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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| 公開日 | 2019-03-05 | |||||
| タイトル | ||||||
| タイトル | Rethinking the Middle-Income Trap in Emerging Asian Economies : China, Malaysia, and Thailand | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
| 資源タイプ | departmental bulletin paper | |||||
| 著者 |
末廣, 昭
× 末廣, 昭× Suehiro, Akira |
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| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | East Asia is an important area of “emerging economies” in the world because a large number of countries or regions have successfully achieved rapid economic growth over the past few decades. Nevertheless, since the end of 2000s, economists at international financial institutions such as the World Bank and Asian Development Bank （ADB） have cast their doubt on the “East Asian miracle”, and insisted that East Asian economies were going to experience the problem of middle-income trap where upper middle-income countries have suffered economic stagnation and have faced difficulties in shifting to high-income countries.A typical case is Malaysia, which moved into an upper middle-income category of country in 1991, but has failed in shifting to a high income-country for over twenty years. In 2012, ADB also pointed out that China would face the same problem of middle-income trap so far as she continued to depend on the low-cost advantage of the source of growth. ADB suggested China to switch its growth pattern from an input-driven one to an innovation-driven one to escape the possible trap in the near future.In this study the author picks up the three countries of China, Malaysia, and Thailand as case studies, and he aims to investigate the current situations of these countries in terms of wage level, labor productivity, and R&D activities （innovation）. After confirming the situations of increasing wage-level and low-level innovation, he compares the responses of the three countries to the middle-income trap in special reference to the role of government.At first, he selects China. He claims that China is requested to shift the sources of growth from over-investment and exports to domestic consumption, together with productivity improvement through innovation and industrial upgrading. In the case of Malaysia, he focuses on the increasing role of foreign workers in manufacturing sector （no significant contribution to productivity improvement）, and compares the policy agenda between the National Development Plan （NDP: 1991-2010） and the New Economic Model （NEM: 2010-2020）. He clarifies by illustrating that the policy targets of the NEM in Malaysia are similar to policy options suggested by ADB for China.Lastly, in the case of Thailand, he points out the big gap between the government policy targets （the promotion of new-age or next generation industries） and actual competitiveness of local big firms, mostly family businesses based on agro industries and service sectors rather than core manufacturing industries. Therefore, government policies responding to the middle-income trap are less effective if there is no full-scale collaboration from foreign firms. He finally suggests that Thailand is expected to seek a more independent way in which local Thai firms can demonstrate their own advantages on the basis of Thai-ness and hospitality. | |||||
| 書誌情報 |
en : ISS Research Series 号 1, p. 1-40, 発行日 2018-05 |
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| 出版者 | ||||||
| 出版者 | 学習院大学国際社会科学学会 | |||||
| 言語 | ja | |||||
| 出版者（英） | ||||||
| 出版者 | Association of Gakushuin International Social Sciences Studies | |||||
| 言語 | en | |||||
| ISSN | ||||||
| 収録物識別子タイプ | PISSN | |||||
| 収録物識別子 | 24342459 | |||||
| フォーマット | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | application/pdf | |||||
| 著者版フラグ | ||||||
| 出版タイプ | VoR | |||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
