This book examines the economic success of the industrializing
economies of East Asia. Judged in terms of economic growth, or by a
combination of economic and welfare criteria, this group of East
Asian countries has established a clear lead over other developing
areas of the world. The authors seek to identify the economic
policies that have been critical to success. They analyze the
varied political backgrounds and cultural heritages which enabled
such a disparate group of coountries to choose successful routes to
rapid growth. The East Asian countries possess widely divergent
endowments of resources, but they face the same international
environment as other countries. What has led to their economic
achievements? One answer is 'unshackling exports' that most of the
Asian countries had shackled in the first place. Other policy
strands included political stability, the rule of law and economic
policies that distorted prices less than other developing
countries. Equally important have been investment in facilities of
the social and physical infrastructure. The book's contributors
argue that governments thus provided the environment for growth.
Private enterprise contributed investment despite risk of
uncertainty, and through exposure to international competition
became efficient and profitable.
General
| Imprint: |
Cambridge UniversityPress
|
| Country of origin: |
United Kingdom |
| Series: |
Trade and Development |
| Release date: |
June 2009 |
| First published: |
2009 |
| Editors: |
Helen Hughes
|
| Dimensions: |
216 x 140 x 22mm (L x W x T) |
| Format: |
Paperback - Trade
|
| Pages: |
396 |
| ISBN-13: |
978-0-521-11191-1 |
| Categories: |
Books >
Business & Economics >
Economics >
Development economics
|
| LSN: |
0-521-11191-9 |
| Barcode: |
9780521111911 |
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