ABSTRACT

We have included countries in South and East Asia where economic globalization has

been important, and industrialization either enjoyed rapid growth in the past or has started

to experience rapid expansion. Apart from Myanmar, which has faced trade sanctions

since 2002 (Myint 2011), the remaining countries examined have strong integration into

the global economy with the trade shares in GDP of Malaysia, Thailand and Vietnam

exceeding GDP in 20112012 (see Table 1). China, India, Indonesia, Malaysia, Philippines, Thailand and Vietnam have continued to experience considerable manufacturing

activity since 2000, though a number of them have begun to face deindustrialization.

Although Myanmar had a small manufacturing sector in 2010, government policies have

continued to target industrial expansion in these countries.