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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

2002

Kennesaw State University

Economic Policy

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Full-Text Articles in Social and Behavioral Sciences

The East Asian Model Of Economic Development And Developing Countries, Jong H. Park Dec 2002

The East Asian Model Of Economic Development And Developing Countries, Jong H. Park

Faculty Publications

This paper examines the debate on the East Asian model of economic development in light of the different approaches undertaken by different groups of countries (economies) in Northeast Asia and Southeast Asia. The common strengths and weaknesses shared by the East Asian countries (economies) have helped to reinforce the misconception that there is a single East Asian model of economic development. There are, however, significant differences in economic structures as well as development experiences among the East Asian economies, especially between the economic development paradigms of Southeast Asia and Northeast Asia. Nonetheless, one single common thread underlies the differences in ...