The Asian 'Miracle' after the Global Financial Crisis
Published 1 June 2010
Some Lessons for Africa: A Retrospective Analysis & Critical Evaluation of the Asian Model of Development
This Discussion Paper addresses several key questions about the much-discussed Asian economic miracle, which have been given new life in the aftermath of the recent global financial crisis.
The author, John McKay, evaluates the applicability of the Asian experience to other underdeveloped regions – and Africa in particular – seeking to enhance their own rates of progress.