LEADER 03175nam 22005655 450 001 9910523774503321 005 20240509002922.0 010 $a9783030795344$b(electronic bk.) 010 $z9783030795337 024 7 $a10.1007/978-3-030-79534-4 035 $a(MiAaPQ)EBC6810960 035 $a(Au-PeEL)EBL6810960 035 $a(CKB)19919346200041 035 $a(OCoLC)1287137138 035 $a(DE-He213)978-3-030-79534-4 035 $a(EXLCZ)9919919346200041 100 $a20211123d2022 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aOpen and Closed Economies $eLessons from the Philippines and Vietnam /$fby Roderick Macdonald 205 $a1st ed. 2022. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2022. 215 $a1 online resource (161 pages) 311 08$aPrint version: Macdonald, Roderick Open and Closed Economies Cham : Springer International Publishing AG,c2021 9783030795337 327 $aIntroduction -- The Economy of Vietnam (with Trung Quang Nguyen) -- The Economy of the Philippines (with Teresa Rivera) -- Conclusion: Isolationism or Open Borders?. 330 $aThis 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. 606 $aInternational trade 606 $aAsia$xEconomic conditions 606 $aEconomic policy 606 $aInternational Trade 606 $aAsian Economics 606 $aEconomic Policy 615 0$aInternational trade. 615 0$aAsia$xEconomic conditions. 615 0$aEconomic policy. 615 14$aInternational Trade. 615 24$aAsian Economics. 615 24$aEconomic Policy. 676 $a330 676 $a338.9597 700 $aMacdonald$b Roderick$f1952-$01253525 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910523774503321 996 $aOpen and closed economies$92906335 997 $aUNINA