المعجزات الآسيوية : بعض الدروس للبلدان النامية الأخرى

Abstract EN

The goal of this paper is to provide a broad overview of the various elements of the amazing rapid economic growth and development in East Asian countries over the last five decades.

This is very important and worth process for two reasons.

First, based on the analysis of the determinants of growth, it is possible to show whether economic success of East Asian countries can be reproduced and cloned in other places.

Second, a detailed analysis of the East Asian growth experience can provide valuable lessons for other developing countries in terms of policy measures that stimulate growth.

One of the most important conclusions of this paper is that although exogenous factors such as initial conditions, location and culture may have played a part in this success, but they were not of sole importance.

A common element in each of these success stories seems to be consistently applied sound economic policies.

East Asian countries have embraced outward-looking development strategies that promote industrial competitiveness within a conservative, non inflationary macroeconomic environment conducive to savings and investment.

These countries have emphasized social programs - education, training and health care – that raise the quality of human resources and help generate a social consensus for economic growth policies.