350 words A key strategy for East Asian economies was to strengthen their economic capabilities through export-driven growth. Japan, South Korea,…
350 words
A key strategy for East Asian economies was to strengthen their economic capabilities through export-driven growth. Japan, South Korea, Taiwan, and China each employed this strategy. It worked well for them. What does export-driven growth entail? Why have non-East Asian countries have had difficulty in using it to replicate the earlier successes of the East Asian countries?
