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The Asian Growth Model: Myth or Reality?

In: An Enquiry into the Asian Growth Model

Author

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  • Dilip K. Das

    (University of Geneva)

Abstract

The focus of this chapter is that rapid and sustained growth achieved by a group of Asian economies made researchers, policymakers and decision makers in the world of international business search for a plausible and unique Asian model of growth. This issue has been examined from different pertinent angles in this chapter, and the conclusion is that no such sure-fire miracle growth model exists for the high-performing economies of Asia. This is not to deny that high-growth Asian economies, mutatis mutandis, adopted certain common strategies. Industrial policy, role of the government and developmental state are some of the important issues covered in this chapter. This chapter revisits the debate on the ‘Beijing consensus’ vis-à-vis the ‘Washington consensus’. Old and new structuralist theories are also dealt with in detail in this chapter.

Suggested Citation

  • Dilip K. Das, 2015. "The Asian Growth Model: Myth or Reality?," Palgrave Macmillan Books, in: An Enquiry into the Asian Growth Model, chapter 2, pages 10-48, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-52927-5_2
    DOI: 10.1057/9781137529275_2
    as

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