The East Asian Model – Catalyst of Economic Growth

Abstract

The central aim of this article is to analyse and determinate which are the main steps that have been covered by eastern and south-eastern countries to achieve an impressive macroeconomic performance. Currently, Eastern and South-Eastern Asia become one of the key catalysts of world economic rise as the result of their fabulous growth, and this path of development became one of the most worth-studing topic of research in the World Economy. Moreover, this analysis shows the ”East-Asian Economic Strategy” history of evolution, and how it’s main characteristics appear in different countries with miscellaneous views on how to implement the elements of this model within their economies. CZU: 338.1(5):330.35; JEL: B41, C83, F02, F1, F2