East Asian model

The East Asian model is an economic model connected to Japan, Four Asian Tigers, China since the late 1970s, and Vietnam since 1986.Leonardo Baccini, Giammario Impullitti, Edmund Malesky, "Globalisation and state capitalism: Assessing the effects of Vietnam’s WTO entry" Vox EU 17 May 2019 This economic system differs from a centrally planned economy. East Asian model of capitalism refers to the high rate of savings and investments, high educational standards, assiduity and export-oriented policy.

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Category:East Asia
Category:Economic systems