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How East Asia grew so fast? slow progress towards an analytical consensus

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  • Singh, Ajit

Abstract

Although in the post-World War II period as a whole, developing countries have made substantial economic and industrial progress, during the last decade or so, many of them, particularly in Latin America and Africa, have been in an acute economic crisis. As a consequence, these countries have been obliged to go to the Bretton Woods institutions (BWIs) for economic assistance for stabilisation and structural adjustment. Such assistance has, however, normally only been forthcoming subject to conditionality, both short and long term.Implicit in this conditionality is a specific approach to economic policy for achieving long term economic growth.

Suggested Citation

  • Singh, Ajit, 1994. "How East Asia grew so fast? slow progress towards an analytical consensus," MPRA Paper 53830, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:53830
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    References listed on IDEAS

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    1. Anne O. Krueger, 1995. "East Asian Experience and Endogenous Growth Theory," NBER Chapters, in: Growth Theories in Light of the East Asian Experience, pages 9-36, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Hermes, Niels, 1997. "New explanations of the economic success of East Asia : lessons for developing and Eastern European countries," CDS Research Reports 199703, University of Groningen, Centre for Development Studies (CDS).
    2. Ludger Lindlar, 1995. "Internationale Wettbewerbsfähigkeit der südostasiatischen Schwellen- und Entwicklungsländer," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 64(2), pages 303-322.
    3. repec:dgr:rugcds:199703 is not listed on IDEAS
    4. Akyuz, Yilmaz & Gore, Charles, 1996. "The investment-profits nexus in East Asian industrialization," World Development, Elsevier, vol. 24(3), pages 461-470, March.
    5. Singh, Ajit., 2007. "Globalisation, industrial revolutions in India and China and labour markets in advanced countries : implications for national and international economic policy," ILO Working Papers 993979343402676, International Labour Organization.

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    More about this item

    Keywords

    Bretton Woods institutions; East Asia; economic development; industrialisation; policies;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems

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