Asian and Pacific Developing Economies: Performance and Issues

The year 1987 was important for many of the developing countries in the Asian and Pacific region since it was four decades earlier that these countries achieved their political independence. It seems, therefore, an appropriate time to review the past economic performance of the developing countries...

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Main Author: V.G. Bhatia
Format: Article
Language:English
Published: World Scientific Publishing 1988-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110588000016
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author V.G. Bhatia
author_facet V.G. Bhatia
author_sort V.G. Bhatia
collection DOAJ
description The year 1987 was important for many of the developing countries in the Asian and Pacific region since it was four decades earlier that these countries achieved their political independence. It seems, therefore, an appropriate time to review the past economic performance of the developing countries in the region and assess their future prospects. While the outlook for most of them appears optimistic, a number of problems persist and are likely to remain for some time to come. It is undeniable, however, that generally the achievements of the region as a whole have been impressive. The Asian and Pacific region is both large and diverse, if for no other reason than the sheer size and distribution of its population (see Table 1). It accounts for more than half the people of the world. The population of the People's Republic of China alone is 1 billion, and more than 1 billion live in South Asia. About 360 million people live in Southeast Asia and more than 50 million in Hong Kong, Republic of Korea and the countries in the South Pacific.
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spelling doaj.art-598c2439615547c3a8f5d9f0d87203fc2023-06-28T05:29:15ZengWorld Scientific PublishingAsian Development Review0116-11051996-72411988-01-01060112110.1142/S0116110588000016Asian and Pacific Developing Economies: Performance and IssuesV.G. BhatiaThe year 1987 was important for many of the developing countries in the Asian and Pacific region since it was four decades earlier that these countries achieved their political independence. It seems, therefore, an appropriate time to review the past economic performance of the developing countries in the region and assess their future prospects. While the outlook for most of them appears optimistic, a number of problems persist and are likely to remain for some time to come. It is undeniable, however, that generally the achievements of the region as a whole have been impressive. The Asian and Pacific region is both large and diverse, if for no other reason than the sheer size and distribution of its population (see Table 1). It accounts for more than half the people of the world. The population of the People's Republic of China alone is 1 billion, and more than 1 billion live in South Asia. About 360 million people live in Southeast Asia and more than 50 million in Hong Kong, Republic of Korea and the countries in the South Pacific.https://www.worldscientific.com/doi/10.1142/S0116110588000016
spellingShingle V.G. Bhatia
Asian and Pacific Developing Economies: Performance and Issues
Asian Development Review
title Asian and Pacific Developing Economies: Performance and Issues
title_full Asian and Pacific Developing Economies: Performance and Issues
title_fullStr Asian and Pacific Developing Economies: Performance and Issues
title_full_unstemmed Asian and Pacific Developing Economies: Performance and Issues
title_short Asian and Pacific Developing Economies: Performance and Issues
title_sort asian and pacific developing economies performance and issues
url https://www.worldscientific.com/doi/10.1142/S0116110588000016
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