{"id":22374,"date":"2007-04-11T13:54:00","date_gmt":"2007-04-11T13:54:00","guid":{"rendered":"https:\/\/eces.org.eg\/?p=22374"},"modified":"2024-04-15T15:08:27","modified_gmt":"2024-04-15T15:08:27","slug":"successful-growth-in-middle-income-countries-will-east-asia-show-the-way-again","status":"publish","type":"post","link":"https:\/\/eces.org.eg\/en\/successful-growth-in-middle-income-countries-will-east-asia-show-the-way-again\/","title":{"rendered":"Successful Growth in Middle Income Countries: Will East Asia Show the Way Again?"},"content":{"rendered":"\n<p><strong>Abstract:<\/strong><\/p>\n\n\n\n<p>Emerging East Asia has achieved remarkable growth rates since 1998, and successfully integrated both regionally and globally. This paper attempts to contribute to the debate on what this region\u2014and other middle income countries\u2014 need to do to join the ranks of developed nations. Besides the importance of exploiting economies of scale, the paper points out that the harder task ahead for Emerging East Asia is to complement global and regional integration with domestic integration. This requires strengthening social cohesion so that societies stay as strong as economies; addressing issues of inequality and rapid urbanization; and providing clean governments which efficiently reinvest the economic returns that accompany fast growth. If developing East Asia\u2019s policymakers can succeed in making this third integration as successful as the first two, they can, within a generation, eliminate poverty and hence provide valuable lessons for middle income countries around the world<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abstract: Emerging East Asia has achieved remarkable growth rates since 1998, and successfully integrated both regionally and globally. This paper attempts to contribute to the debate on what this region\u2014and other middle income countries\u2014 need to do to join the ranks of developed nations. Besides the importance of exploiting economies of scale, the paper points [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[],"class_list":["post-22374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-working-papers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Successful Growth in Middle Income Countries: Will East Asia Show the Way Again? - ECES<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eces.org.eg\/en\/successful-growth-in-middle-income-countries-will-east-asia-show-the-way-again\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Successful Growth in Middle Income Countries: Will East Asia Show the Way Again? - ECES\" \/>\n<meta property=\"og:description\" content=\"Abstract: Emerging East Asia has achieved remarkable growth rates since 1998, and successfully integrated both regionally and globally. 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