Policy Coherence Towards East Asia: Development Challenges for OECD Countries
Organization for Economic Cooperation and Development | December 1, 2005
The Organization for Economic Cooperation and Development (OECD)
By K. Fukasaku, M. Kawai, M.G. Plummer and A. Trzeciak-Duval.
OECD Development Centre Policy Brief No. 26, 2005.
Introduction and Overview
The East Asian development experience needs to be better understood — especially the region’s clustered, sequential development process and neighbourhood effects linking economies at different levels of industrial development. How have different policy vectors transmitted by OECD countries, notably in the areas of trade, investment and aid, contributed to the development of the region? To what extent have the impacts of OECD-country policies depended on the capacity of East Asian economies to respond through their own public policies? Drawing upon Chapter 1 of the forthcoming publication (Fukasaku et al., 2005), this Brief sketches out the main story lines of what has happened to East Asia over the past decades, particularly since the mid-1980s, through the lens of OECD countries’ “policy coherence for development”. It also discusses key policy agendas for the region, draws lessons for other developing regions and identifies major challenges ahead for policy coherence in OECD countries.
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