Making a Miracle: A New Approach

Haider Khan ()

Chapter 4 in Interpreting East Asian Growth and Innovation, 2004, pp 32-63 from Palgrave Macmillan

Abstract: Abstract As the discussion in the last two chapters has shown, a large part of the problem of resolving the debate between the miracle-mongers and miracle-breakers has to do with the characteristics of the growth process itself. In this chapter a systematic attempt will be made to arrive at a methodology for identifying the nature of the growth process in the East Asian economies. The key issue from this perspective is whether these countries have been able to create a positive-feedback loop innovation system (POLIS).

Keywords: Human Capital; Technology System; Total Factor Productivity; Technical Progress; Growth Theory (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50353-3_4

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DOI: 10.1057/9780230503533_4

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