Abstract
June 01 2016 Summary of the General Discussion on “Preceding Three Papers” Author and Article Information Online Issn: 1536-0083 Print Issn: 1535-3516 © 2016 by the Earth Institute at Columbia University and the Massachusetts Institute of Technology2016Massachusetts Institute of Technology Asian Economic Papers (2016) 15 (2): 69–70. https://doi.org/10.1162/ASEP_a_00427 Cite Icon Cite Permissions Share Icon Share Facebook Twitter LinkedIn MailTo Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Search Site Citation Summary of the General Discussion on “Preceding Three Papers”. Asian Economic Papers 2016; 15 (2): 69–70. doi: https://doi.org/10.1162/ASEP_a_00427 Download citation file: Ris (Zotero) Reference Manager EasyBib Bookends Mendeley Papers EndNote RefWorks BibTex toolbar search Search Dropdown Menu toolbar search search input Search input auto suggest filter your search All ContentAll JournalsAsian Economic Papers Search Advanced Search Maria Socorro Gochoco-Bautista opened the discussion by noting that the Basri, Rahardja, and Fitranai (BRF) paper simply discussed economic growth without paying attention to its sustainability and equity outcome. In particular, the Indonesian economy has recorded an impressive record over the past five years or so, notwithstanding the adverse shock of the global financial crisis. Nevertheless, the economy has failed to regain and maintain the impressive employment growth record of the pre-Asian financial crisis periods. Income inequality also seems to have increased in recent years. Gochoco-Bautista also argued that the term “middle-income trap” is a misleading concept that provides policymakers in these countries with an unjust opportunity for placing the blame of their own policy failures on external forces. These counties are stuck in the “middle” largely because of domestic policy failures. Prema-chandra Athukorala alluded to what he called “two dangerous obsessions” in the BRF paper, which have also figured... You do not currently have access to this content.
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