Growth in East Asia : What We Can and What We Cannot infer.

The spectacular growth of many economies in East Asia over the past 30years has impressed the economics profession, which often refers to thesuccess of the so-called Four Tigers of the region (Hong Kong, Korea, Singapore, and Taiwan Province of China) as "miraculous." This papercritically...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:Economic Issues; Economic Issues ; No. 1996/003
Online Access:Full text available on IMF
Description
Summary:The spectacular growth of many economies in East Asia over the past 30years has impressed the economics profession, which often refers to thesuccess of the so-called Four Tigers of the region (Hong Kong, Korea, Singapore, and Taiwan Province of China) as "miraculous." This papercritically reviews the reasons alleged for this extraordinary growth.It weighs arguments in the debate over factor accumulation versustechnical progress, the role of public policy, the contribution ofinvestments and exports, and the influence of initial conditions onsubsequent growth.
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Physical Description:1 online resource (28 pages)
Format:Mode of access: Internet
ISSN:1020-5098
Access:Electronic access restricted to authorized BRAC University faculty, staff and students