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...

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Bibliographische Detailangaben

Weitere Verfasser:	Hughes, Helen 1928-2013 (HerausgeberIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Cambridge Cambridge University Press 1988
Schriftenreihe:	Trade and development
Schlagworte:	Wirtschaftspolitik Industrial policy / East Asia Industrialization / East Asia Industrialisierung Ostasien East Asia / Economic policy Aufsatzsammlung Konferenzschrift > 1985 > Canberra
Online-Zugang:	BSB01 UBG01 URL des Erstveröffentlichers
Zusammenfassung:	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
Beschreibung:	Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Beschreibung:	1 online resource (xviii, 377 pages)
ISBN:	9780511552267
DOI:	10.1017/CBO9780511552267