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Dana GÂRDU
Academia de Studii Economice din Bucureşti
Fast and shared growth in East Asia was ascribed to strong states and their peculiar institutional arrangements, free-market policies, and Asian values, respectively. This paper provides a critical overview of these rival accounts focusing on their arguments for the miracle, and on post-crisis retrenchement. As paradigms mellowed down, a rapprochement emerged between the state-centric approach and the neoliberal one. Since no paradigm yields a comprehensive explanation of these economies’ trajectory, an eclectic approach is deemed the best alternative to date.
ŒCONOMICA no. 2/2011
Keywords: East Asia, economic development, state interventionism, neoliberalism, Neo-Confucianism
JEL: F59, H11, O10, O20, O53
Modelul de dezvoltare est-asiatic, între miracol şi criză
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Octavian-Dragomir JORA
Academia de Studii Economice din Bucureşti

Mara Andreea TUDOR
University of Chicago

Cătălin MURARAŞU
Academia de Studii Economice din Bucureşti

Ramona Iulia DIEACONESCU
Academia de Studii Economice din Bucureşti

Maria GHEORGHE (NIŢU)
Academia de Studii Economice din Bucureşti

Sorin-Nicolae CURCĂ
Academia Română

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