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The document discusses the economic growth in East Asia from the 1960s-1990s. It notes the rapid and sustained growth seen in countries like China, Korea, Singapore and Taiwan, with per capita income growth rates of 6-9% annually. This "East Asian Miracle" was driven by high investment rates around 20-25% of GDP, rapidly increasing capital stock, and more schooling which helped increase productivity and growth. The experiences of these countries provide important lessons for achieving rapid economic develop

Author

Bia Lopez

Language

EN