The East Asian miracle: economic growth and public policy: Main report (English) Abstract. The report examines the public policies of 8 high-performing Asian economies (HPAEs) from 1965 to 1990. It seeks to uncover the role those policies played in the dramatic economic growth, improved human welfare, and more equitable income distribution. The post-war Asian economic miracle has come as a great shock to the economics profession. In my review of the top-ten textbooks (Economics on Trial, Irwin, 1993), few economists tell the wonders of Japanese prosperity and none reveals the secrets of the Four Tigers (Hong Kong, Singapore, Korea, and Taiwan) or the newly industrialized economies (Indonesia, Malaysia, and Thailand).Author: Mark Skousen.
Aug 07, 2019 · But for me and people like me, the East Asian economic miracle poses a serious challenge: the greatest anti-poverty program in history involved Author: Rne Hobart. Economic miracle is an informal economic term commonly used to refer to a period of dramatic economic development that is entirely unexpected or unexpectedly strong. The term has been used to describe periods in the recent histories of a number of countries, often those undergoing an economic boom, or described as a tiger economy.
May 02, 2013 · Asia will have to look to reform, rather than miracles. Without regional institutions to do for Asia what NATO and the OECD did for the West, many Asian states could get stuck. The slowdown in China’s sustainable growth rate may be only half competed. From 7.5-8% currently, it will most likely Author: George Magnus. &Easily the most informed and comprehensive analysis to date on how and why East Asian countries have achieved sustained high economic growth rates, [this book] substantially advances our Author: Jose Edgardo Campos, Hilton L. Root.