TY  - GEN
AB  - 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.
AU  - Macdonald, Roderick,
CN  - HC444
DO  - 10.1007/978-3-030-79534-4
DO  - doi
ID  - 1442887
KW  - Comparative economics.
KW  - Économie politique comparée.
LK  - https://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-79534-4
N1  - Includes index.
N2  - 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.
SN  - 9783030795344
SN  - 3030795349
T1  - Open and closed economies :lessons from the Philippines and Vietnam /
TI  - Open and closed economies :lessons from the Philippines and Vietnam /
UR  - https://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-79534-4
ER  -