East Asian model
economic system
The East Asian model[1] is an economic model connected to Japan, Four Asian Tigers,[2] China since the late 1970s,[3] and Vietnam since 1986.[4] This economic system differs from a centrally planned economy. East Asian model of capitalism refers to the high rate of savings and investments, high educational standards, assiduity and export-oriented policy.[5]
References
change- ↑ Chun, Lin (5 December 2013). China and Global Capitalism. Palgrave Macmillan. p. 78. ISBN 978-1137301253.
- ↑ Kuznets, Paul W. (April 1988). "An East Asian Model of Economic Development: Japan, Taiwan, and South Korea". Economic Development and Cultural Change. 36 (S3): S11–S43. doi:10.1086/edcc.36.s3.1566537. S2CID 153899556.
- ↑ Baek, Seung-Wook (January 2005). "Does China follow 'the East Asian development model'?". Journal of Contemporary Asia. 35 (4): 485–498. doi:10.1080/00472330580000281. S2CID 154114721.
- ↑ Leonardo Baccini, Giammario Impullitti, Edmund Malesky, "Globalisation and state capitalism: Assessing the effects of Vietnam’s WTO entry" Vox EU 17 May 2019Archived 24 March 2015 at the Wayback Machine
- ↑ Prokurat, Sergiusz (24 November 2010). European Social Model and East Asian Economic Model – Different Approach to Productivity and Competition in Economy (Report). SSRN 2545004.