Tag Archives | Ultra-low interest rates
Economics, Finance sector development, Governance and public sector management
Ultra-low interest rates and wandering overinvestment cycles in East Asia
![Ultra-low interest rates and wandering overinvestment cycles in East Asia Ultra-low interest rates and wandering overinvestment cycles in East Asia](https://www.asiapathways-adbi.org/wp-content/uploads/2017/03/Ultra-low-interest-rates-and-wandering-overinvestment-cycles-in-East-Asia-180x180.png)
In the 1960s, Kaname Akamatsu (1961) described the gradual relocation of industries from the advanced industrialized countries in East Asia to the less advanced countries during the latter’s economic catch-up process as the “flying geese” pattern. For instance, the textile industry was clustered in Japan in the 1950s but then successively relocated to the newly industrialized economies (Hong Kong, China; Taipei,China; Singapore; and the Republic of Korea), the new generation of tiger countries (Indonesia, Malaysia, the Philippines, and Thailand), the People’s Republic of China (PRC), and now increasingly to Viet Nam.
![Get the best of ADBI delivered to your inbox.](https://www.asiapathways-adbi.org/wp-content/uploads/2017/07/AP-ADBI-News.jpg)
![Asia's Developing Future](https://www.asiapathways-adbi.org/wp-content/uploads/2017/07/AP-ADBI-Podcast.jpg)
Search
Subscribe / Connect to Asia Pathways
Subjects
- Agriculture and natural resources
- Blog
- Capacity development
- Climate change
- Economics
- Education
- Energy
- Environment
- Finance sector development
- Gender
- Governance and public sector management
- Health
- Industry and trade
- Information and Communications Technology
- Infrastructure
- Miscellaneous
- Population
- Poverty
- Private sector development
- Regional cooperation and integration
- Sanitation
- Social development and protection
- Transport
- Uncategorized
- Urban development
- Video Blog
- Water
Recent Posts
- Linking Farmers to Markets Through Agricultural Cooperatives and E-Commerce in Asia
- How Can Governments Support Electricity Distribution to Achieve Net Zero in Asia?
- Promoting Corporate Climate Action Through Greenhouse Gas Accounting
- Evaluating G7 Commitments on Climate Change, Health, Well-Being, and Agriculture
- Will the G7 Apulia Summit Follow Think Tanks to Rearticulate Multilateralism?
Recent Comments