East asian miracle world bank

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The report examines the public policies of 8 high-performing Asian economies HPAEs from to It seeks to uncover the role those policies played in the dramatic economic growth, improved human welfare, and more equitable income distribution It seeks to uncover the role those policies played in the dramatic economic growth, improved human welfare, and more equitable income distribution in Hong Kong, Indonesia, Japan, Malaysia, the Republic of Korea, Singapore, Taiwan China , and Thailand. HPAEs stabilized their economies with sound development policies that led to fast growth. They were committed to sharing the new prosperity by making income distribution more equitable. Their public policies promoted rapid capital accumulation by making banks more reliable and encouraging high levels of domestic savings.
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Some lessons from the East Asian miracle (English) | The World Bank

To say that its findings were controversial would be an understatement. It was the target of wide-ranging academic comment and sometimes-virulent criticism. Unable to display preview. Download preview PDF. Skip to main content. Advertisement Hide.
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The report examines the public policies of 8 high-performing Asian economies HPAEs from to It seeks to uncover the role those policies played in the dramatic economic growth, improved human welfare, and more equitable income distribution It seeks to uncover the role those policies played in the dramatic economic growth, improved human welfare, and more equitable income distribution in Hong Kong, Indonesia, Japan, Malaysia, the Republic of Korea, Singapore, Taiwan China , and Thailand. HPAEs stabilized their economies with sound development policies that led to fast growth.
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Well written and well illustrated with graphs. Students found it helpful. It has many useful charts and figures, as well as some basic theoretical and policy arguments
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