Economic Analysis of Asian Growth Triangles : The Johor-Singapore-Riau Growth Triangle

摘要

In looking at the Asian economy, particularly the Growth Triangle which includes Singapore, Malaysia and Indonesia, one can infer a great deal. With the Asian monetary crisis affecting the world, and certainly the Asian region in particular, some economists believe it is a mistake to evaluate such matters based on tradition. Rather, a school of thought dubbed the New Institutional Economics has come into being and while not everyone considers it to be a truly new approach, the bottom line is that it is different from mainstream thought in the discipline.