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The East Asian miracle: economic growth and public policy: Main report (English) Abstract. The report examines the public policies of 8 high-performing Asian economies (HPAEs) from to

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A World Bank Policy Research Report. The. East Asian. Miracle. Economic Growth. and Public Policy. SUMMARY. The World Bank Washington, D.C. Almost 20 years ago, the World Bank released a groundbreaking report - The East Asian Miracle - that called worldwide attention to the economic success of eight economies in the region, leading to a discussion on the extent to which policies followed by them could be replicated.

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Abstract Initially, the intention of this book's work, was to take a fresh look at East Asia's regional experience during the s, and to expand, and revise as necessary the findings of the World Bank's "East Asian Miracle", (published in. ˚˛˝˙ˆ˝ˇ˘ ˇ ˚˛ 3 Introduction Indonesia, host of the annual meetings of the World Bank and International Monetary Fund (IMF),1 has for long.

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The rapid economic growth of eight East Asian economies, often called the "East Asian miracle," raises two questions: What policies and other factors contributed to that growth? The extraordinary growth enjoyed over the last several decades by many East Asian countries has amounted to nothing less than an economic miracle.

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Indonesia, host of the annual meetings of the World Bank and International Monetary Fund (IMF), for years has been heralded as a major economic success by the Bank and rewarded for its pro-business policy changes through the World Bank's Doing Business reports. A controversial World Bank report (The East Asian Miracle ) credited neoliberal policies with the responsibility for the boom, including maintenance of export-oriented policies, low taxes, and minimal welfare states; institutional analysis also states some state intervention was involved.

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ADB Institute Discussion Paper No. 26 Export Growth and Industrial Policy: Lessons from the East Asian Miracle experience John Weiss February Initially, the intention of this book ' s work, was to take a fresh look at East Asia ' s regional experience during the s, and to expand, and revise as necessary the findings of the World Bank ' s " East Asian Miracle ", (published in ).

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The crisis which gripped East Asia during underscored the urgency for cross-sectoral reform just as the strong revival of virtually all the economies in the region convinced the doubters that the East Asian miracle had by no means run its course. John Page THE WORLD BANK The East Asian Miracle: Four Lessons for Development Policy Since the study of economic development began in earnest at the close.

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Developing East Asia has led the way in showing how rapid and broadly shared growth can lift millions out of poverty. And, as this book shows, the region has achieved even more: the wave of prosperity across the region since the s has lifted three out of five of its citizens into economic. The World Bank Group is a group of five international organizations responsible for providing finance and advice to countries for the purposes of economic development and poverty reduction, and for encouraging and safeguarding international investment.