taiwan - Economics Students Society of Australia

taiwan

A collection of 2 posts

Inspiration vs. perspiration: what was the key to East Asia’s economic success?

Inspiration vs. perspiration: what was the key to East Asia’s economic success?

Paul Krugman wrote a famous paper in the 1990s outlining the myths surrounding the Asian miracle of the 20th century. Rather than it being a ‘miracle’, he presented a less dazzling critique of Asia’s economic success. He proposed that it was a combination of stringent government policy and the

Asians like to Save more?

Asians like to Save more?

Since the second half of the last century we have seen the success of many emerging market economies. These economies were traditionally labeled the ‘Four Asian Tigers’, and refer to the economies of Hong Kong, Singapore, South Korea, and Taiwan. However, now it seems as if we must add two