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After a long period in which state-led development was the dominant economic paradigm, since the 1980s private sector development has been the focus for economic policy makers. It is probably no coincidence that economic growth, stagnant for a few decades in much of the developing world, took...
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Asia’s human capital growth has contributed to this growing gap, the fact remains that Africa is behind its peers in other …
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Industrial transformation of Asia arguably constitutes the most surprising and dramatic change in the global economy in … selected national industrial policies that promoted structural transformation in developing Asia during the period. In the … first part, we describe crucial dimensions of industrialization in the region - its extent, its historical trajectory, and …
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as the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …This paper argues that the single most important factor that explains East Asia's development success was its fast …
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