Rethinking the East Asian Miracle
Initially, the intention of this book's work, was to take a fresh look at East Asia's regional experience during the 1990s, and to expand, and revise as necessary the findings of the World Bank's "East Asian Miracle", (publ...
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| Language: | English en_US |
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Washington, DC: World Bank and Oxford University Press
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2001/06/1561441/rethinking-east-asian-miracle http://hdl.handle.net/10986/13969 |
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okr-10986-139692021-04-23T14:03:10Z Rethinking the East Asian Miracle Stiglitz, Joseph E. Yusuf, Shahid AGGREGATE DEMAND ALLOCATIVE EFFICIENCY ANNUAL GROWTH AUTONOMY BANK LENDING BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BASIC EDUCATION BOUNDARIES BUDGET DEFICITS CAPITAL ACCOUNT CAPITAL CONTROLS CAPITAL FLIGHT CAPITAL FLOWS COMPETITIVENESS CONSOLIDATION CONSUMERS CREDIT RISK DEBT DEFLATORS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC SAVINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMIC STABILITY ECONOMICS RESEARCH EMPIRICAL WORK EXCHANGE RATE EXCHANGE RATE POLICY EXPORTS FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTORS FISCAL DEFICITS FISCAL POLICIES FISCAL POLICY FLOATING RATES FOREIGN BANKS GDP GLOBAL ECONOMY GROSS DOMESTIC PRODUCT PER CAPITA GROWTH RATE GROWTH RATES HIGH GROWTH HOUSING HUMAN CAPITAL IMPORT LIBERALIZATION IMPORTS INCOME INCOME LEVELS INDIVIDUAL COUNTRIES INDUSTRIAL POLICY INDUSTRIALIZATION INFLATION INTEREST RATE INTEREST RATES INTERNATIONAL TRADE INVESTMENT RATE LABOR FORCE LABOR INPUTS LABOR PRODUCTIVITY LINES LOW INFLATION M2 MACROECONOMIC POLICY MEDIUM TERM MONETARY POLICY OIL OIL PRICES PERFECT COMPETITION POINT POLICY STANCE POLITICAL ECONOMY PRODUCERS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PRUDENTIAL REGULATIONS PUBLIC DEBT PUBLIC POLICY RAPID GROWTH REAL EXCHANGE RATE REAL GROSS DOMESTIC PRODUCT RELATIVE CONTRIBUTION RELATIVE PRICES SAVINGS SECONDARY SCHOOLING SOUTHEAST ASIA TECHNOLOGICAL CHANGE TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES TROUGH WEST WESTERN EUROPE Initially, the intention of this book's work, was to take a fresh look at East Asia's regional experience during the 1990s, and to expand, and revise as necessary the findings of the World Bank's "East Asian Miracle", (published in 1993). However, while work began in 1997 - when the East Asian crisis was only a small, localized cloud over Thailand - the seriousness of the crisis demonstrated the need to bring together a number of different perspectives on key aspects of the East Asian model, and its several country variants. The book assesses the evolving experience with industrial policies, in the forms implemented by individual countries in the region, examines in depth how the Chinese experience meshes with those of other economies in the region - a dimension absent in the "East Asian Miracle" - and, the rich evidence from the 1990s, casts new light on the relative contribution of export-led policies, and of import liberalization to growth, while helping to clarify key issues that influence the choices of exchange rate policies. Taking into account the realization that understanding the East Asian development requires admittance of the political economy of change, of governance, and of the roles of key institutions, the contributors to this book, considered each of these carefully, and offer an economic kaleidoscope on East Asia that is deep, and analytically rigorous. 2013-06-17T18:20:14Z 2013-06-17T18:20:14Z 2001-06 http://documents.worldbank.org/curated/en/2001/06/1561441/rethinking-east-asian-miracle 0-19-521600-8 http://hdl.handle.net/10986/13969 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank and Oxford University Press Publications & Research :: Publication Publications & Research :: Publication East Asia and Pacific East Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGGREGATE DEMAND ALLOCATIVE EFFICIENCY ANNUAL GROWTH AUTONOMY BANK LENDING BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BASIC EDUCATION BOUNDARIES BUDGET DEFICITS CAPITAL ACCOUNT CAPITAL CONTROLS CAPITAL FLIGHT CAPITAL FLOWS COMPETITIVENESS CONSOLIDATION CONSUMERS CREDIT RISK DEBT DEFLATORS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC SAVINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMIC STABILITY ECONOMICS RESEARCH EMPIRICAL WORK EXCHANGE RATE EXCHANGE RATE POLICY EXPORTS FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTORS FISCAL DEFICITS FISCAL POLICIES FISCAL POLICY FLOATING RATES FOREIGN BANKS GDP GLOBAL ECONOMY GROSS DOMESTIC PRODUCT PER CAPITA GROWTH RATE GROWTH RATES HIGH GROWTH HOUSING HUMAN CAPITAL IMPORT LIBERALIZATION IMPORTS INCOME INCOME LEVELS INDIVIDUAL COUNTRIES INDUSTRIAL POLICY INDUSTRIALIZATION INFLATION INTEREST RATE INTEREST RATES INTERNATIONAL TRADE INVESTMENT RATE LABOR FORCE LABOR INPUTS LABOR PRODUCTIVITY LINES LOW INFLATION M2 MACROECONOMIC POLICY MEDIUM TERM MONETARY POLICY OIL OIL PRICES PERFECT COMPETITION POINT POLICY STANCE POLITICAL ECONOMY PRODUCERS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PRUDENTIAL REGULATIONS PUBLIC DEBT PUBLIC POLICY RAPID GROWTH REAL EXCHANGE RATE REAL GROSS DOMESTIC PRODUCT RELATIVE CONTRIBUTION RELATIVE PRICES SAVINGS SECONDARY SCHOOLING SOUTHEAST ASIA TECHNOLOGICAL CHANGE TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES TROUGH WEST WESTERN EUROPE |
| spellingShingle |
AGGREGATE DEMAND ALLOCATIVE EFFICIENCY ANNUAL GROWTH AUTONOMY BANK LENDING BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BASIC EDUCATION BOUNDARIES BUDGET DEFICITS CAPITAL ACCOUNT CAPITAL CONTROLS CAPITAL FLIGHT CAPITAL FLOWS COMPETITIVENESS CONSOLIDATION CONSUMERS CREDIT RISK DEBT DEFLATORS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC SAVINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMIC STABILITY ECONOMICS RESEARCH EMPIRICAL WORK EXCHANGE RATE EXCHANGE RATE POLICY EXPORTS FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTORS FISCAL DEFICITS FISCAL POLICIES FISCAL POLICY FLOATING RATES FOREIGN BANKS GDP GLOBAL ECONOMY GROSS DOMESTIC PRODUCT PER CAPITA GROWTH RATE GROWTH RATES HIGH GROWTH HOUSING HUMAN CAPITAL IMPORT LIBERALIZATION IMPORTS INCOME INCOME LEVELS INDIVIDUAL COUNTRIES INDUSTRIAL POLICY INDUSTRIALIZATION INFLATION INTEREST RATE INTEREST RATES INTERNATIONAL TRADE INVESTMENT RATE LABOR FORCE LABOR INPUTS LABOR PRODUCTIVITY LINES LOW INFLATION M2 MACROECONOMIC POLICY MEDIUM TERM MONETARY POLICY OIL OIL PRICES PERFECT COMPETITION POINT POLICY STANCE POLITICAL ECONOMY PRODUCERS PRODUCTIVITY PROFITABILITY PROPERTY RIGHTS PRUDENTIAL REGULATIONS PUBLIC DEBT PUBLIC POLICY RAPID GROWTH REAL EXCHANGE RATE REAL GROSS DOMESTIC PRODUCT RELATIVE CONTRIBUTION RELATIVE PRICES SAVINGS SECONDARY SCHOOLING SOUTHEAST ASIA TECHNOLOGICAL CHANGE TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES TROUGH WEST WESTERN EUROPE Stiglitz, Joseph E. Yusuf, Shahid Rethinking the East Asian Miracle |
| geographic_facet |
East Asia and Pacific East Asia |
| description |
Initially, the intention of this
book's work, was to take a fresh look at East
Asia's regional experience during the 1990s, and to
expand, and revise as necessary the findings of the World
Bank's "East Asian Miracle", (published in
1993). However, while work began in 1997 - when the East
Asian crisis was only a small, localized cloud over Thailand
- the seriousness of the crisis demonstrated the need to
bring together a number of different perspectives on key
aspects of the East Asian model, and its several country
variants. The book assesses the evolving experience with
industrial policies, in the forms implemented by individual
countries in the region, examines in depth how the Chinese
experience meshes with those of other economies in the
region - a dimension absent in the "East Asian
Miracle" - and, the rich evidence from the 1990s, casts
new light on the relative contribution of export-led
policies, and of import liberalization to growth, while
helping to clarify key issues that influence the choices of
exchange rate policies. Taking into account the realization
that understanding the East Asian development requires
admittance of the political economy of change, of
governance, and of the roles of key institutions, the
contributors to this book, considered each of these
carefully, and offer an economic kaleidoscope on East Asia
that is deep, and analytically rigorous. |
| format |
Publications & Research :: Publication |
| author |
Stiglitz, Joseph E. Yusuf, Shahid |
| author_facet |
Stiglitz, Joseph E. Yusuf, Shahid |
| author_sort |
Stiglitz, Joseph E. |
| title |
Rethinking the East Asian Miracle |
| title_short |
Rethinking the East Asian Miracle |
| title_full |
Rethinking the East Asian Miracle |
| title_fullStr |
Rethinking the East Asian Miracle |
| title_full_unstemmed |
Rethinking the East Asian Miracle |
| title_sort |
rethinking the east asian miracle |
| publisher |
Washington, DC: World Bank and Oxford University Press |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2001/06/1561441/rethinking-east-asian-miracle http://hdl.handle.net/10986/13969 |
| _version_ |
1764424929686585344 |