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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Bibliographische Detailangaben
Körperschaft: International Monetary Fund
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1996.
Schriftenreihe:Economic Issues; Economic Issues ; No. 1996/003
Online Zugang:Full text available on IMF
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520 3 |a 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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