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Model, Myth or Miracle? Reassessing the Role of Governments in the East Asian Experience

  • Author: UNU
  • Publication date: April 1999
  • Page count: 176
  • Language(s) in this book: English
  • Sales number: 99.III.A.6

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About the product

Until recently, the East Asian experience was hailed as a miracle and a model of successful development. Now it is being called a myth and a bad example that should not be emulated by other developing countries. This book takes stock of the lessons from two decades of successful economic performance in East Asian countries and the new lessons that have arisen from the recent economic crisis. Observations from East Asia are divided into those relating to economic policies and those relating to their institutional underpinnings. The book concludes with updated analysis aimed at helping other countries learn from the East Asian experience.