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While China’s economic growth has benefited Japan in that its trade with China has been expanding rapidly, it has at the same time created some concern, if not fear, in Japan, according to the authors.

The paper reviews the contribution of the small and medium enterprise (SME) sector to the growth and development of the regional (East Asian) economies, and their increasing importance in the attainment of a
sustained recovery of the region in terms of economic growth, employment, trade and investment and the development of globally competitive economies.

The paper presents a dynamic general equilibrium analysis of public sector corruption and economic growth. The predictions of the analysis accord strongly with recent empirical evidence on the causes and consequences of corruption
in public office.

For the second phase of the Governors Competitiveness Council, the Council was asked to focus on issues related to human capital and innovation.

The plan address all three areas of Vermonts economic development goal, including retention, recruitment and entrepreneurship. It presents recommendations that invest in state resources to yield results in the form of increased productivity, competitiveness and job creation.

The report describes the performance of the Oregon Economic and Community Development Department during the past fiscal year and the direction that the commission has given the department for future success.

Through alignment of its efforts with the
managing for results area of “Missouri is Developing a 21st Century Economy” and its associated desired results, the plan seeks to increase per capita income and decrease rates of unemployment.

The fifth annual action plan contains 42 recommendations for action in the coming year. The recommendations focus on a broad range of issues of importance including governing structure, marketing, workforce training, education and business climate.

The report provides an overview of the agencys activities in the past year including local government development, land management, community development, financial assistance, information resources and issues facing the division.

The paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is applied to a situation which analyses qualitatively different economic development strategies of catching-up economies.