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David Andersson and Jessie P. H. Poon

Chapter 1 in Asia-Pacific Transitions, 2001, pp 1-11 from Palgrave Macmillan

Abstract: Abstract In the last two decades, a number of books has emerged in the academic market, explaining, theorizing and even speculating on the rapid growth of the economies in the Asia Pacific.1 Expositions on the region’s ‘miracle’ countries are now commonplace, with some economists attaching the region’s remarkable growth rates to free market policies and prudent macroeconomic management (Corbo, Kruger and Ossa 1985; Kasper 1994). On the other side of the coin, we find state-centered explanations, namely ‘development states’ being offered by political sociologists (Wade, 1990), buttressed by observations of extensive state intervention and strong government-business cooperation. A third and final academic thrust focused on the cultural values of Asian societies, best embodied in the ‘Asian Values’ debate (Emmerson, 1995), which originated from the argument that first-tier Asian newly industrializing countries were heavily Confucian in social organization.2

Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62845-8_1

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DOI: 10.1057/9780230628458_1

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