Crafts, Nicholas (1999) East Asian growth before and after the crisis. IMF Staff Papers, 46 (2). ISSN 1020-7635
Full text not available from this repository.Abstract
The paper surveys the literature on the growth performance of the East Asian economies, evaluates the sustainability of that performance, and provides a preliminary assessment of their long-term growth prospects in the aftermath of the current crisis. It highlights special features of East Asian growth, including unusually high factor accumulation and a favorable demographic transition, but argues that total factor productivity growth has generally been somewhat disappointing. It argues that there are downside risks to the East Asian "developmental state" model, and that it may become less attractive as these economies mature
| Item Type: | Article |
|---|---|
| Official URL: | http://www.imf.org |
| Additional Information: | © 1999 International Monetary Fund |
| Divisions: | International Relations |
| Subjects: | D History General and Old World > DS Asia |
| Date Deposited: | 17 Feb 2010 15:41 |
| Last Modified: | 13 Sep 2024 21:14 |
| URI: | http://eprints.lse.ac.uk/id/eprint/7342 |
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