Exportinduziertes Wachstum als Chance für die „nächsten Tiger“?
Export-led growth as a chance for the “next tigers”?
Maximilian Benner
MPRA Paper from University Library of Munich, Germany
Abstract:
Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing countries' economic development from the formerly prevailing paradigm of import substitution. This paper reviews the experiences of Japan, the Tiger states and China with their respective strategies of industrial policy and export-led growth. Is examines the strategies' applicability for developing countries at the beginning of their industrialization process. In addition, the it discusses the relationship between the Asian type of industrial policy and a neoliberal economic policy modeled after the "Washington Consensus".
Keywords: industrial policy; export-led growth; Japan; South Korea; Taiwan; Singapore; Hong Kong; China; Vietnam; Tigers; Washington Consensus (search for similar items in EconPapers)
JEL-codes: F14 L50 L52 O10 O14 O20 O24 O25 (search for similar items in EconPapers)
Date: 2010-06
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:40744
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