Politics, Institutions and Performance

Explaining Growth Variation in East Asia

Authored by: Richard Doner

Routledge Handbook of Southeast Asian Politics

Print publication date:  December  2011
Online publication date:  March  2012

Print ISBN: 9780415494274
eBook ISBN: 9780203155011
Adobe ISBN: 9781136579196

10.4324/9780203155011.ch10

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Abstract

The World Bank’s 1993 report, East Asian Miracle, was significant not only for highlighting the outstanding economic performances of the region’s market economies, but also (albeit half-heartedly) for attributing this performance to strategic interventions by state agencies in consultation with private actors. The report also signalled intra-regional complexity, noting performance differences between the four Newly Industrializing Countries (NICs – South Korea, Singapore, Taiwan and Hong Kong) and four members of the Association of Southeast Asian Nations – Indonesia, Malaysia, Thailand and the Philippines (henceforth the ASEAN-4).

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