The Construction Sector in the Asian Economies

This is a collaborative project contributed to by all members of Asia Construct. It presents a comprehensive and up-to-date collection of data on the Asian construction sector forming a unique guide to construction economics in the following countries: Australia, China, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Sri Lanka and Vietnam, as well as Hong Kong, a Special Administrative Region of China. The state of the construction sector is a good indicator of the overall health of an economy. In emerging economies, activity in the construction sector signifies resources being put into infrastructure development; in developed countries it demonstrates the extent to which development is maintained and indicates the general direction of the economy, for instance in housing starts. In the last fifteen years, the Asian region's construction industry has grown dramatically, and is poised to continue growing. Significant new trends in the construction sector in Asia are: larger private sector participation; increased vertical integration and increased foreign participation. These may be attributed to both the globalisation and de-regulation of markets. While such trends present opportunities worldwide, they have also highlighted the issues affecting sustainable development of the Asian construction industries. These issues are examined in the detailed analyses of the construction sector in each country over several years. The book constitutes a unique overall collection of the construction economy performances and characteristics of a sizeable sample of Asian nations as they exist at the turn of the century. It constitutes a record of lasting value to scholars of economics. Book jacket.

• | Author: Michael. Chiang Anson (Y.H.. Raftery, John.), Y. H. Chiang, John Raftery
• | Publisher: Routledge
• | Publication Date: Jun 30, 2020
• | Number of Pages: 512 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 0367578158
• | ISBN-13: 9780367578152