@article{1442887,
      recid = {1442887},
      author = {Macdonald, Roderick,},
      title = {Open and closed economies : lessons from the Philippines  and Vietnam /},
      pages = {1 online resource :},
      note = {Includes index.},
      abstract = {This book compares the experiences of the Philippines and  Vietnam to gain insight into how openness to trade and  financing can increase prosperity. In contrast, theoretical  and empirical work in the 20th and early 21st centuries  have returned mixed results regarding this assertion. The  book also demonstrates the impracticality of any attempt to  pursue prosperity in isolation. Chapter 1 discusses recent  data and research on international trade and capital  mobility. Chapter 2 describes the economy of Vietnam that  has grown rapidly since beginning to open in 1994. Chapter  3 relates the stagnation of the Philippines as it remained  closed from 1960 to 1994 and examines the recent rapid  growth in spite of the continued relative restrictiveness  of Philippine policy. Chapter 4 compares the two  experiences and then conjectures about the feasibility of a  prosperous autarky. Roderick Macdonald lectures in  international business at the International School of  Business of the University of Economics Ho Chi Minh City.  He has published Eurocritical (2018), Southeast Asia and  the ASEAN Economic Community (2019), and The Economy and  Business Environment of Vietnam (2020) with Palgrave  Macmillan since retiring from ESG-UQAM, Canada.},
      url = {http://library.usi.edu/record/1442887},
      doi = {https://doi.org/10.1007/978-3-030-79534-4},
}