New perspectives on East Asian development
挑战市场导向外向型战略的传统解释,提出东亚增长的核心是积累动态及其与出口的相互依存关系,并探讨管理经济租金、区域贸易投资的作用及复制策略的可能性。
Conventional explanations of rapid growth in East Asia have focused on the efficient allocation of resources resulting from market‐led outward‐oriented strategies. This study challenges that approach. East Asian success has centred around the accumulation dynamic both because of its direct importance to the growth process and also because of its close and interdependent linkages with exports. On this basis the study considers the institutions and policies which were used to manage economic rents in support of rapid growth and to ensure a more strategic and orderly integration into the world economy. The study also examines the contribution of regional trade and investment flows to East Asian industrialisation. The potential for replicating similar strategies is considered.