APO Productivity Databook 2011 by Asian Productivity Organization

By Asian Productivity Organization

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The real-term comparisons are conducted at the flow and stock levels in Chapter 5. Figure 21 plots the long-term trend of net export share in GDP from 1970 to 2008. Net exports used to be a drag on the Asian Tigers’ GDP. In the early 1970s all the Tigers had huge negative net exports, except Hong Kong. But they rapidly improved their position, and in recent years net exports are making a positive contribution to GDP in all Tigers except Korea, which dipped back into the negative zone in 2008. 2 per cent for Korea, the ROC, and Hong Kong respectively.

Thailand has an employment rate higher than the US level; Sri Lanka reached a trough of less than 60 per cent in 1990, but has been catching up with other countries in this group since then. 3). Japan and EU15 are different from the other economies in this group, in that they are in the high-income group and their employment rates have been relatively high. Japan’s employment rate sees a clear declining trend over the past four decades, but it has stabilized in recent years at a similar level to that in the US.

The Economist, 2010e) 26: The lower share of household consumption in EU15 has been offset by a larger share of government consumption, which accounts for around 20 per cent of its nominal GDP. This compares with 13–15 per cent in Asia and 14–17 per cent in the US. 1 Composition of Final Demand cent in 2000. 3 per cent in 2008. 7 per cent in 2008. 5 per cent in 2008. Figure 13 shows the cross-country comparisons of final demand shares in current-price GDP in 1995 and 2008. The charts are ranked by the share of household consumption, the range of which is trending downwards among this group of countries.

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