Abstract
Asia is the fastest growing continent today. LDCs in Asia grew the fastest of all groups of countries at 7.4 per cent in 1992–93. This continent contains the second, third and fourth largest economies of the world reckoned on the basis of purchasing power parity GDP. It has also within it the best performing economies of the world (see Table 5.9). Simultaneously, it possesses a very high potential of economic growth with nearly half of the world’s population and an abundant supply of relatively cheap but literate labour.
Keywords
- Foreign Direct Investment
- Foreign Exchange
- Labor Migration
- United Nations Development Program
- Factor Price Equalization
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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References
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Justman, M. and M. Teubal (1995), ‘Technological Infrastructure Policy (TIP): Creating Capabilities and Building Markets’, Research Policy, April.
Teubal, M. (1996), ‘R&D and Technology Policy in NICs as Learning Processes’, World Development, vol. 24, no. 3, pp. 449–460.
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De S. Indraratna, A.D.V., Teubal, M. (1998). Discussion. In: Memedovic, O., Kuyvenhoven, A., Molle, W.T.M. (eds) Globalization of Labour Markets. Ettore Majorana International Science Series, vol 13. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6229-0_9
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DOI: https://doi.org/10.1007/978-1-4615-6229-0_9
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