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Booth, Anne (2001) 'Initial Conditions and Miraculous Growth: Why is Southeast Asia Different from Taiwan and South Korea.' In: Jomo, Kwame Sundaram, (ed.), Southeast Asia's Industrialization: Industrial Policy, Capabilities and Sustainability. London: Palgrave, pp. 30-58. (Studies in the Economies of East and South-East Asia)

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The 1990s saw an explosion of work on the fast-growing economies of East and Southeast Asia, by individual scholars as well as international development institutions. Influential books, by Amsden (1989) and Wade (1990), as well as the work of Johnson (1982, 1995), have explored the nature of the East Asian developmental state, and especially the role of government in determining the allocation of resources to particular industries, in building infrastructure and in the development of the educational system. The widely discussed report published by the World Bank (1993a) on the East Asian ‘Miracle’ endeavoured to draw lessons, not just from the experience of Japan, Taiwan and Korea, but also from four fast-growing economies in Southeast Asia-Singapore, Indonesia, Malaysia and Thailand. The recent growth experience of China was also discussed. This report and the large literature which it generated have tended to convey the impression that the huge area of the world which the term ‘East Asia’ embraces have all experienced rapid economic growth over the last three decades, and that from their experience, a coherent set of ‘lessons’ can be drawn for less successful economies in other parts of the world.

Item Type: Book Chapters
SOAS Departments & Centres: Legacy Departments > Faculty of Law and Social Sciences > Department of Economics
ISBN: 9781137002310
DOI (Digital Object Identifier):
Date Deposited: 09 Dec 2007 13:33

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