Economic growth for east asia has been export oriented

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Reference no: EM131435904

East Asia’s growth strategy has emphasized high rates of investment combined with high and increasing endowments of human capital due to universal primary and secondary education. East Asia’s economies have followed a flying geese pattern of growth in which countries gradually move up in technological development by following in the pattern of countries ahead of them in the development process. Moreover, industrial policies have attempted to support selected sectors of East Asia’s economies. Economic growth for East Asia has been export oriented.

Reference no: EM131435904

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