Eastern condensed economic development

.

Chapter 5 in A General Theory of Economic Development, 2017, pp 74-103 from Edward Elgar Publishing

Abstract: This chapter discusses the condensed (or rapid) Eastern economic development experiences of Japan, Korea and China. It attempts to understand the common features of industrial policy of the three countries during their economic take-off, as well as the common features of policy failure that have contributed to growth stagnation in Japan and Korea in recent years. Essentially, during economic take-off, economic policy has been discriminatory, while economic egalitarianism has been responsible for the recent years of economic decline. This chapter also argues for the important role of corporations in the economic take-off of Japan and Korea as well as China.

Keywords: Asian Studies; Development Studies; Economics and Finance (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/9781785367984.00010.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:17144_5

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().