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A dominant objective within the public policies of all SE Asian countries has been the achievement of economic growth. The issue of sustainability has serious implications for this policy objective. Pursuit of economic growth is concerned solely with the present, whilst sustainability is concerned with ensuring the current generation meets its present needs without threatening future generations' ability to do likewise. National accounts, such as gross domestic product, can measure healthy economies, but they can not measure sustainability. This paper, however, sets out a conceptual approach that describes the misalignment of national accounting measures with sustainability objectives and provides empirical evidence of how this misalignment can be partially overcome. An empirical approach is developed whereby certain adjustments to national accounts, based on normative social choice theory, are introduced to indicate how a partial measure of sustainability can be determined using national accounting aggregates as a base. Copyright © 2005 John Wiley & Sons, Ltd and ERP Environment. [ABSTRACT FROM AUTHOR]

This paper identifies the major factors explaining GDP growth in a number of Southeast Asian countries during the 1980s and early 90s. Estimates of the contribution of technological change, increases in the endowments of labor and capital, movements in the terms of trade, and changes in domestic output prices are reported for Hong Kong, Japan, South Korea, the Philippines, and Thailand. Partial results for Indonesia and Malaysia are also shown. An index number approach is used; it has a tight theoretical foundation being based on the GNP/GDP function approach to modeling the production sector of an open economy. [ABSTRACT FROM AUTHOR]

The article provides information on the economic trends of Southeast Asia for the year 2005. Based on a survey, the global economy and oil price increase were caused by the significant slowing down of major industrial countries. A deceleration in the global economic growth of 4.3 percent was noticed in the year 2005 from a 5.1 percent in 2004. It was also found out that most of the Southeast Asian countries are having lower growth rates in their gross domestic product.

Examines the economic condition of the member countries of the Association of Southeast Asian Nations in 2004. Factors that contributed to the economic growth of Brunei; Impact of the political deadlock in Cambodia on the country's economic performance; Ways by which Indonesia was able to maintain macroeconomic stability during the period; Gross domestic product growth of Malaysia during the year.

The article focuses on the possibility of four Southeast Asia countries and four countries of South Asia to emulate the economic success of newly industrialized countries (NICs) in East Asia. The author points out the aspects of NICs' performance that other Asian countries want to imitate. He mentions the NICs' sustained high real growth rates of gross domestic products as the most remarkable factors on the economic growth of the NICs. He also stresses the significance of economic growth brought about by the accumulation of industrial capital which involves the expansion of investment in productive activities. Furthermore, he emphasizes the negative effects of the error of policy voluntarism on growth of government in the economy.