Economic development and traditional Chinese cultural values

Among the more than 100 less developed countries in the post-war world, the economic region surrounding mainland China, including Taiwan, South Korea, Hong Kong and Singapore, have been most successful in their transition growth process. The economists have identified the openness in orientation and the depoliticization of their economies as two causal factors behind the miracle of their economic system. This paper argues that the policy evolution has "roots" that reside deep in the traditional Chinese cultural values. (DÜI-Sbt)