The east asian miracle economic growth and public policy
East Asian policymakers largely avoided the temptation to direct resources to subsidize loss-making firms or to benefit well-connected rent-seekers. Students found it helpful. However, there were evident costs and risks associated with these efforts. February 16, - Published on Amazon. A World Bank policy research report. I'd like to read this book on Kindle Don't have a Kindle?
The East Asian Miracle: Economic Growth and Public Policy by Oxford University Press
The book makes clear how the HPAEs promoted rapid capital accumulation by making banks more reliable and encouraging high levels of domestic savings, while universal primary schooling and better primary and secondary education quickly increased their skilled labor forces. Please Log in to check access. Ships with Tracking Number! Examining how these countries stabilized their economies with sound development programs that led to fast growth, the book also shows how they shared the new prosperity by making income distribution more equitable. It clinically and fairly analyses what actually happened. Page 1 of 1 Start over Page 1 of 1. Oxford University Press.
Highly useful for both graduate and undergraduate students in economic development in general and Asian studies in particular. Customers who viewed this item also viewed. One of the main arguments is also that income distribution improvements have been a common experience across these countries, which is a topic not often discussed in development economics. Students found it helpful. It clinically and fairly analyses what actually happened. Document also available in: