East Asian model
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
- ↑ Chun, Lin. China and Global Capitalism (5 December 2013)Palgrave Macmillan. p. 78. ISBN 978-1137301253.
- ↑ Kuznets, Paul W.. An East Asian Model of Economic Development: Japan, Taiwan, and South Korea. Economic Development and Cultural Change 36 (S3) (April 1988). p. S11–S43. doi:10.1086/edcc.36.s3.1566537.
- ↑ Baek, Seung-Wook. Does China follow 'the East Asian development model'?. Journal of Contemporary Asia 35 (4) (January 2005). p. 485–498. doi:10.1080/00472330580000281.
- ↑ 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. European Social Model and East Asian Economic Model – Different Approach to Productivity and Competition in Economy (24 November 2010).