The East Asian Miracle

The East Asian Miracle : Economic Growth and Public Policy

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This book examines the public policies of the eight high-performing Asian economies (HPAEs) from 1965 to 1990 that led to faster economic growth than any other part of the world. The countries discussed are Japan, Hong Kong, Indonesia, Malaysia, South Korea, Singapore, Taiwan, and Thailand. Government policies fostered rapid capital accumulation, better schooling for the workforce, increased agricultural productivity, friendly regulatory laws, foreign investment, and targeting of key industries for growth. However, the book concludes that an important lesson for other developing countries is that most countries should not use government interventions in today's changing global more

Product details

  • Paperback | 406 pages
  • 190.5 x 231.14 x 20.32mm | 861.82g
  • Oxford University Press Inc
  • New York, United States
  • English
  • 0195209931
  • 9780195209938

Table of contents

1. The East Asian Economic Miracle: Rapid Growth with Equity; 2. Public Policy and Growth; 3. The Quest for Macro Stability and Rapid Export Growth; 4. An Institutional Basis for Equitable Growth; 5. Strategies for Rapid Accumulation; 6. Using Resources Efficiently: Relying on Markets and Exports; 7. Policies and Pragmatism in Today's Global Environmentshow more

Rating details

17 ratings
3.64 out of 5 stars
5 24% (4)
4 35% (6)
3 29% (5)
2 6% (1)
1 6% (1)
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