Essay Available:
Pages:
11 pages/β3025 words
Sources:
15 Sources
Style:
Harvard
Subject:
Business & Marketing
Type:
Research Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 57.02
Topic:
The East Asian Miracle: Roaring Tigers and Flying Geese
Research Paper Instructions:
Please be sure to the writer is Chinese. Please use the basic grammar for this Research Paper. Don't be too much like an English-speaking article.
Research Paper Sample Content Preview:
The East Asian Miracle: Roaring Tigers and Flying Geese
Name
Institution
Course
Tutor
Date
Abstract
The period between the year 1965 to 1990 presents a remarkable growth in the East Asian economies. Commonly referred to as the East Asian Miracle, the rapid economic growth witnessed in the region was spearheaded by eight high-performing Asian economies through the integration of various factors and economic models. The rapid rise further evoked various opinions across a wide range of sectors to understand the steady rise in economic growth in the region coupled with the equitable distribution of income. The article serves to analyze the key factors contributing to the steady economic development in the East Asian region by elaborating on the key aspects of the flying geese model, which served as the basis for the achievement of the rapid economic rise.
Introduction
Countries from the Asia Pacific region are today making headlines in the global market economies as well as being among the frontier regions in the social, cultural, and political development. The East Asian countries, to be specific, have over the years witnessed tremendous growth and development in the regional economy. The remarkable economic growth in the region from the mid-1960’s to the early 1990’s surpassed the growth rate of both the developed and the developing countries in the same period. The outstanding achievements resulting from the high rate of economic growth and sustainability in the East Asian countries are subject to extensive research and analysis from both the academic and financial or economic sectors around the world. Comprehensive research and analysis of the rapid economic growth in the region serve to provide an in-depth understanding of the underlying factors leading to the miraculous transformation of East Asia.
In essence, the East Asian Miracle refers to the rapid economic growth recorded in the region between 1965 to 1990. The intense economic development in the East Asian countries over the two and half decades was characteristic of a steady rise in the gross domestic product for individual countries and the region as a whole. Other conspicuous features of the economic growth included a significant reduction in the poverty levels, increased equality in income distribution, internationalization of trade through exports, and conducive market environments for foreign investments. The governments of the East Asian nations actively facilitated the growth by implementing policies favorable to the economic development of individual countries based on their local needs and the available resources. In embracing both the principles of free market economy and positive interventional measures by the governments, the East Asian nations achieved great success in the region’s economic development. The East Asian countries or rather the economies responsible for the miraculous achievement include Japan, Korea, Singapore, Hong Kong, Taiwan, and three nations from the Southeast of Asia, Thailand, Malaysia, and Indonesia. In the effort to understand the underlying reasons for the remarkable achievement in just over two decades, the following research questions emerged;
-What were the contributing factors to the E...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
π Other Visitors are Viewing These Harvard Research Paper Samples:
- Marketing plan for Red Bull Drink Company5 pages/β1375 words | 3 Sources | Harvard | Business & Marketing | Research Paper |
- Importance of Strategic Management for Company's Growth5 pages/β1375 words | 5 Sources | Harvard | Business & Marketing | Research Paper |
- aviation management: Surviving the Economic Crisis12 pages/β3300 words | 7 Sources | Harvard | Business & Marketing | Research Paper |
- ISO Documentaion Pyramid2 pages/β550 words | 3 Sources | Harvard | Business & Marketing | Research Paper |
- Emirates Airlines Processes4 pages/β1100 words | 5 Sources | Harvard | Business & Marketing | Research Paper |
- An Effective Non-Verbal Communication4 pages/β1100 words | 6 Sources | Harvard | Business & Marketing | Research Paper |
- Investment Psychology: The relationship between stock prices and investors' behavior7 pages/β1925 words | 15 Sources | Harvard | Business & Marketing | Research Paper |