East Asian Growth and the Japanese Model: A Critical Assessment of Recent Analyses

Jan Fagerberg

No 1995534, Working Papers Archives from Centre for Technology, Innovation and Culture, University of Oslo

Abstract: It is a well established fact that a number of East Asian countries have had much faster economic growth than most other countries for several decades. Many observers have held that this growth success is related to the interventionist policy stance that has characterised many of these countries. However, a recent World Bank study – The East Asian Miracle (1993) – downplays the positive role that such policies might have had (and may have elsewhere). This article contains a detailed presentation and assessment of the World Bank’s analysis of East Asian growth, including the derived policy conclusions.

Pages: 17 pages
Date: 1995-09
Note: Originally published as NUPI working paper no.534, September 1995
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Persistent link: https://EconPapers.repec.org/RePEc:tik:wparch:1995534

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