By Henry S. Rowen
East Asian international locations have followed remarkably solid regulations to make sure sustained fiscal progress, yet how did they arrive to undertake such guidelines within the first position? This booklet produces a extra thorough rationalization than has formerly been complicated drawing on a number of disciplines together with contributions from anthropologists, economists, political scientists, technologists, demographers, historians and psychologists. a number of participants have held excessive positions in Asian governments. 4 huge topics are identified:
* powerful governance
* reaching and studying societies
* progress with equity
* exterior affects
This is the main finished account of the principles of East Asia's upward push. Its strong point lies within the variety of comparisons around the international locations of East and South-East Asia and within the big range of contributing disciplines.
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Extra info for Behind East Asian Growth: The Political and Social Foundations of Prosperity
In any case, traditional Confucian society did not esteem the merchant but rather the mandarin. 42 Under the heading “Industrial neo-Confucianism,” Vogel identifies four clusters of institutions and attitudes common to the four NIEs: Meritocratic Elites, Entrance Exam Systems, Importance of the Group, and SelfCultivation (the drive for self-improvement reflected in hard work and other achievement-focused activities). 43 Of Vogel’s four clusters, those other than the Importance of the Group can be subsumed under the heading of a high value attached to achievement through education and the other forms of learning discussed below.
3 This weakness leaves the theorists of the developmental state vulnerable to criticism by neoclassical economists who employ apparently more rigorous methodological tools to support their claim that market forces, rather than government intervention, were the real miracle-maker in East Asia. The most influential work produced to counter the claims made by the theorists of the developmental state is the 39 40 Minxin Pei 1993 World Bank’s report entitled The East Asian Miracle: Economic Growth and Public Policy.
This state-centered explanation for the rapid economic growth in East Asia, while strongly buttressed by the solid evidence of extensive state intervention, has one serious flaw: a perceived methodological weakness manifested in its proponents’ inability to apply rigorous methods of theory-testing on the basis of systematically gathered data. In most studies on government-business cooperation in East Asia, evidence tends to be presented in an anecdotal fashion. Even in the best works on the subject, rigorous statistical tests are rarely, if at all, performed to validate theoretical hypotheses.
Behind East Asian Growth: The Political and Social Foundations of Prosperity by Henry S. Rowen