Chapter

Characteristics and Accomplishments of the East Asian Development Paradigm<sup>1</sup>

Yung Chul Park

in Economic Liberalization and Integration in East Asia

Published in print December 2005 | ISBN: 9780199276776
Published online February 2006 | e-ISBN: 9780191603051 | DOI: http://dx.doi.org/10.1093/0199276773.003.0002
 Characteristics and Accomplishments of the East Asian Development Paradigm1

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Before the crisis, the most notable economic achievement of East Asia was rapid growth. This chapter analyzes the development experiences of East Asian economies, which share a number of structural characteristics. Different growth models are then explored to understand the Asian miracle of economic growth and development, including the relevance of so-called Asian values.

Keywords: Japanese model; Asian values; rapid growth; structural transformation; China; development model

Chapter.  4081 words. 

Subjects: Business and Management

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