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Publications (17)
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– The role of firm-level relationships in knowledge transfers in Africa and Asia
This study combines evidence from interviews in seven countries with (i) government institutions responsible for attracting foreign direct investment (FDI), (ii) 102 multinational enterprises (MNEs), and (iii) 226 domestic firms linked to these foreign affiliates as suppliers, customers, or...
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Gunnar Myrdal published Asian Drama in 1968, a work which made important analytical contributions to our understanding of development but was deeply pessimistic about Asia’s future prospects. Since then, contrary to Myrdal’s expectations, Asia’s development has been remarkable, although...
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Inspired by Gunnar Myrdal’s core concepts discussed in his seminal work, Asian Drama: An Inquiry into the Poverty of Nations, published in 1968, this paper analyses the opening-up experiences of three Asian countries (China, India, and Malaysia) by triangulating between the following: (i) the...
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– The role of norms and organizational power
The role of institutions in Asian development has been intensely contested since Myrdal’s Asian Drama, with later contributions from institutional economics and developmental state theory. Despite much progress, the dominant approaches do not agree about the institutions that matter nor do they...
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– The dragon that rose from the ashes
This study takes as its starting point what Gunnar Myrdal had to say about Vietnam in the context of his seminal work, Asian Drama: An Inquiry into the Poverty of Nations, published in 1968. Myrdal pointed to the decisive nature of the Vietnamese people; and subsequent developments, which are...
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– A chapter in the Asian drama
This paper is a short history of the Indian economy since 1968. India today is a changed country from what it was half a century ago, when Myrdal published his Asian Drama. The stranglehold of low growth has been broken, its population below the poverty line has fallen markedly, and India has joined...
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– 1965-2014
This paper aims to depict the post-Second World War poverty and inequality trends in Asia, its sub-regions, and individual economies. Efforts are made to explain these trends and explore the interrelationship between growth, poverty, and inequality in Asia. Analytical results confirm significant...
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This paper reviews the main methodological innovations in Asian Drama. It considers whether Myrdal’s perspectives have been adopted by development analysts, and where fresh thinking is needed, particularly in the light of changes occurring in the half-century since he wrote Asian Drama. The paper...
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How have economic development, employment, and labour markets in Asian countries interacted since the publication of Myrdal’s Asian Drama? Myrdal rejected, the western approach to and definition of employment and emphasized the role of ‘informal’ employment, but he underestimated the effects of the...
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– Challenging the pessimism of Myrdal’s Asian Drama
This chapter addresses the unrelenting pessimism in Asian Drama about Indonesia’s development prospects. This pessimism was based on two key realities: the poor level of governance demonstrated by the Sukarno regime (partly a heritage of Dutch colonial policies) and the extreme poverty witnessed in...
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– The East Asian ‘mystery’ solved
Few non-western countries have reached the general prosperity of Western Europe and North America in the past two centuries. The core–periphery structure of the world economy created in the early decades of the Industrial Revolution has proved robust, even after seven decades of self-conscious...
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– Three plus three
Six Southeast Asian countries (Cambodia, Lao People’s Democratic Republic, Malaysia, Myanmar, the Philippines, and Thailand) defied Gunnar Myrdal’s pessimistic prognosis in his 1968 volume, Asian Drama, regarding their prospects for development. In the past half-century, these countries raised...
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Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a planned economy to a market economy at the end of 1978. This...
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Macroeconomic strategies and policies have differed significantly among Asian countries over the last fifty years, and yet some common issues recur despite their immense diversity in inherited historical initial conditions, differences in political systems, geo-political situations, location and...
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Over the past sixty years, most Asian countries have undergone relatively rapid agricultural transformations that helped jumpstart broader economic development. However, the changes have differed markedly in nature and speed across countries of the region. In much of East and Southeast Asia, the...
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– The case for Special Economic Zones in Africa
Firms tend to cluster in close geographic proximity to each other to benefit from reduced transport costs, shared inputs, and productivity spillovers due to learning and technology transfers. Evidence from low-income countries suggests that such agglomeration economies may be substantial in...
Displaying 16 of 17 results