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Exportinduziertes Wachstum als Chance für die „nächsten Tiger“?
[Export-led growth as a chance for the “next tigers”?]

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  • Benner, Maximilian
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    Abstract

    Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing countries' economic development from the formerly prevailing paradigm of import substitution. This paper reviews the experiences of Japan, the Tiger states and China with their respective strategies of industrial policy and export-led growth. Is examines the strategies' applicability for developing countries at the beginning of their industrialization process. In addition, the it discusses the relationship between the Asian type of industrial policy and a neoliberal economic policy modeled after the "Washington Consensus".

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    File URL: http://mpra.ub.uni-muenchen.de/40744/
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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 40744.

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    Date of creation: Jun 2010
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    Handle: RePEc:pra:mprapa:40744

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    Keywords: industrial policy; export-led growth; Japan; South Korea; Taiwan; Singapore; Hong Kong; China; Vietnam; Tigers; Washington Consensus;

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    1. Zhongxiu Zhao & Xiaoling Huang & Dongya Ye & Paul Gentle, 2007. "China's Industrial Policy in Relation to Electronics Manufacturing," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 15(3), pages 33-51.
    2. Chaponniere, Jean-Raphael & Cling, Jean-Pierre & Zhou, Bin, 2008. "Vietnam Following in China?s Footsteps: The Third Wave of Emerging Asian Economies," Working Paper Series RP2008/84, World Institute for Development Economic Research (UNU-WIDER).
    3. International Monetary Fund, 2007. "Vietnam," IMF Staff Country Reports 07/385, International Monetary Fund.
    4. David Bailey & Helena Lenihan & Ajit Singh, 2009. "Lessons for African Economies from Irish and East Asian Industrial Policy," Journal of Industry, Competition and Trade, Springer, vol. 9(4), pages 357-382, December.
    5. Tri Widodo, 2008. "Dynamic changes in comparative advantage: Japan “flying geese” model and its implications for China," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing, vol. 1(3), pages 200-213, December.
    6. Xinhua He & Yongfu Cao, 2007. "Understanding High Saving Rate in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 15(1), pages 1-13.
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