Friday, November 18, 2011

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[IWS] ADB: Long-term projections of Asian GDP and trade—November 2011

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor----------------------
Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________

 

Asian Development Bank (ADB)

 

Long-term projections of Asian GDP and trade—November 2011

http://beta.adb.org/sites/default/files/projections-gdp-trade.pdf

[full-text, 34 pages]

 

Contents

Acknowledgments iv

Executive Summary v

Abbreviations vi

I.          Introduction . 1

II.        Summaries and Key Findings 3

A.        Summaries 3

1.         Human Capital Accumulation in Emerging Asia, 1970–2030 3

2.         Past and Future of the Labor Force in Emerging Asian Economies 4

3.         Economic Growth in Asia: Determinants and Prospects . 4

4.         Projection of Long-Term Total Factor Productivity Growth for 12 Asian Economies . 4

5.         The Determinants and Long-Term Projections of Saving Rates in Developing Asia 5

6.         Physical Capital Accumulation in Asia-12: Past Trends and Future Projections 6

7.         Asian Trade Flows: Trends, Patterns, and Prospects . 6

B.        Key Findings: Gross Domestic Product and Trade Projections, 2011–2030 7

1.         Gross Domestic Product 7.

2.         International Trade Flows . 10

III.       Selected Issues . 12

A.        Demographic Dividends and the Role of the Labor Force in Asia's Growth 12

B.        Reforms for Efficiency-Driven Growth . 15

C.        Developing Asia's Saving and Investment

Gap 17.

D.        Income Convergence in Developing Asia . 20

1.         β Convergence 20

2.         σ Convergence 21

References 23



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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 262-6041               
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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