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Agriculture and natural resources
New Zealand: A farming and services growth model for Asia?
The story of East Asia’s rapid growth includes ample reference to the export of technologically complex manufactured goods, such as cars and computers. This is the model that has characterized Japan, the Republic of Korea, and Taipei,China. It also provides an example for Asia’s current middle-income countries, including the People’s Republic of China (PRC). They need to develop high-value manufacturing, the argument goes, churning out domestically designed goods or linking into global production networks. Failure to move up the value chain may result in a country getting stuck in the middle-income trap (Zhuang et al. 2012).
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Recent Posts
- Transforming ASEAN: Advancing Regional Integration, Social Inclusion, and Environmental Sustainability
- Development of the Creative Economy in Asia and the Pacific
- Kashima City’s Great Transformation: Where Industry Meets Community
- Mechanization Driving the Future of Agriculture in Asia
- Natural Capital: Valuing Nature to Protect and Restore Ecosystem Services for Sustainable Development
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