Asian Economics The East Asia Miracle: Lessons for the Developing Countries Words: 1546 Content 1. Introduction 3 2. Critical Factors of the East Asian Miracle and it’s lessons 3 2.1 Promotion of the Agricultural Sector 2.2 Promotion of Education 2.3 Structural and Technological Upgrading 2.4 The Role of the Policy System 3. Case study: Lessons for the Philippines 7 Sources 8 1. Introduction East Asia has a remarkable record of high and sustained
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strategically in the global scenario especially in the Asia Pacific region. As a nation with global interests‚ Australia deals with many countries in many regions and one of them is in Asian region. Australia undoubtedly and substantially engages hers interests in a wide range of aspects within the framework of the countries within this Asian region. Among the countries which are influential in shaping Australia’s strategic and defense policy within the Asia Pacific ring are China‚ Japan and South Korea
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relatively small number of multinational companies dominating cement capacity in many markets throughout the world‚ the cement sector has become even more globalised in recent years. With increasing multinational presence in growing Chinese‚ Indian‚ Middle East and Latin American markets‚ the structure of world trade in cement and clinker continues to be dynamic‚ with the dramatic changes in shipping costs adding a further layer of complexity to trading patterns. The next 15 years are set to witness further
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patterns‚ and strategies. Changes in the continuity and discontinuity had a significant role in maintain and reducing economic growth rate of the region. Introduction The Asian Miracle refers to the spectacular growth in many Asian economies in East Asia from 1960-96. During the period‚ the economies of Korea‚ Singapore‚ Taiwan and Honk Kong were the most successful besides the Japanese whose growth had started earlier. During the period‚ these and other economies including China‚ Indonesia‚ Thailand
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raised fears of a worldwide economic meltdown due to a financial contagion‚ a scenario that initially affects only a particular region of the economy that spreads to other countries whose economies were healthy‚ much like a transmitted disease. See‚ Asia attracted almost half the total capital inflow into developing countries because of the high interest rates maintained by the Southeast Asian economy‚ it attracted foreign investors looking for a high rate of return. Due to this‚ the economies received
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India and Southeast Asia. Which of these three ideologies do you think was most effective for colonized peoples and why? I. Nationalism was most effective for the colonized peoples of India and South East Asia a. Both socialism and Nationalism worked together to fight against imperial rule. Nationalism brought the people of India and Southeast Asia together while Socialism went against Western ideals. b. Socialism was more effective in South East Asia‚ it went fully against
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Bibliography: Campos‚ J. (2001). Corruption: the boom and bust of East Asia. Manila: Manila University Press. Cullen‚ R. (2008). The Poverty of Corrupt Nations. Canada: Dundurn Press Ltd. Hamilton-Hart‚ N. (2001). Anti-corurption Strategies in Indonesia. Bullentin of Indonesian Economic Studies‚ 37‚ No.1‚ 69-74. Harahap‚ R. M. (1999). Strategies for preventing corruption in Indonesia. Asia Pacific Press‚ 3-6. Henderson‚ J. V.‚ & Kuncoro‚ A. (2004). Corruption in Indonesia
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assistance. Given the large‚ cheap and amply available labor in the region‚ particularly in China and India‚ where large workforces provide an economical advantage over other countries‚ the rising standard of living will eventually lead to a slow-down. Asia is also riddled with political problems that threaten not just the economies‚ but the general stability of the region and world. The nuclear neighbors—Pakistan and India—constantly pose a threat to each other‚ causing their governments to heavily invest
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to convert Akbar and his subjects‚ they met with minimum success. Akbar had created his own syncretic "divine faith"‚ a blend of Muslim and Hindu beliefs‚ and that was enough to cause mayhem within the empire itself. The Pacific Rim nations in the east‚ however‚ were "more secular" and therefore "more open to consumerism than highly religious ones" (Stearns). The Portuguese ’s rediscovery of China and the Spanish ’s discovery of the Philippines renewed the converting fervor of the Jesuit and Christian
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ECN171 Economy of East Asia Problem Set 1 The data for this problem set is posted on SmartSite in the Resources folder. It was downloaded from the Penn World Tables version 7.1‚ which is publicly available at https://pwt.sas.upenn.edu/php_site/pwt_index.php . 1. Graph the GDP [per capita] of the East Asian countries in PS1_data.xls on one graph. Which East Asian country is the largest [richest] in 1960? In 2010? When did the switch occur? 2. Calculate the growth rates (log difference‚ using natural
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