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Sources of Growth and the Role of Government in the Development of the East Asian Economies

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Authors
Lee, ChungHoon; Togashi, Janis Y.
Issue Date
1994
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 7 (No. 2 1994): 237-248
Keywords
East Asian NIEsgrowth factors
Abstract
In the past twenty to thirty years, only a few of the more than 140 developing countries in the world have achieved the status of being a newly industrializing economy (NIE). The growth and industrialization of the East Asian NIEs-in particular, Hong Kong, South Korea (henceforth Korea), Taiwan, and Singapore-during this period, as well as the rise of Japan following World War II which attained developed-country status and went on to become an economic superpower in the 1980s and 1990s have been, by all standards, spectacular. In contrast, the developing economies of Latin America-some of which were at a higher stage of development than the East Asian NIEs at the turn of the century (Argentina is one example of this)-and Africa have not witnessed as impressive performances.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1041
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.07(2) (Summer 1994)
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