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East Asian Growth and the Japanese Model: A Critical Assessment of Recent Analyses

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  • Jan Fagerberg

    (Centre for Technology, Innovation and Culture, University of Oslo)

Abstract

It is a well established fact that a number of East Asian countries have had much faster economic growth than most other countries for several decades. Many observers have held that this growth success is related to the interventionist policy stance that has characterised many of these countries. However, a recent World Bank study – The East Asian Miracle (1993) – downplays the positive role that such policies might have had (and may have elsewhere). This article contains a detailed presentation and assessment of the World Bank’s analysis of East Asian growth, including the derived policy conclusions.

Suggested Citation

  • Jan Fagerberg, 1995. "East Asian Growth and the Japanese Model: A Critical Assessment of Recent Analyses," Working Papers Archives 1995534, Centre for Technology, Innovation and Culture, University of Oslo.
    • Handle: RePEc:tik:wparch:1995534
    Note: Originally published as NUPI working paper no.534, September 1995
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    File URL: http://www.tik.uio.no/InnoWP/archive/wpno534-1995.pdf
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