Task
Assess the contribution of the World Bank Report – the East Asian Miracle (1993), to our understanding of the success of ‘High Performing Asian Economies’ (HPAEs). Analyze the continued growth and development trajectories of the HPAEs (since the World Bank report was written) and consider how China and India can be situated alongside this initial group of HPAEs. You should use supporting research in developing your assessment of the World Bank (1993) report. The World Bank (1993) report is meant to act as a starting point in your analysis and discussion.
Guidance
The relevant chapters are available on Moodle as part of the documents associated with Article A (PDF File Name: WB Asian Miracle Abridged). The chapters contained in the WB Asian Miracle Abridged pdf are titled:
• Overview – The Making of the Miracle
• Chapter 2 – Public Policy and Growth
• Chapter 2 – Public Policy and Growth
For the World Bank Report (1993), you should initially consult the overview chapter (labelled chapter 1), but also the functional model presented in chapter 2 (see figure 2.1 on p. 88). In addressing the assignment question, you should also undertake additional research and cite this in your report. You will need to find current evidence, especially in relation to the evolution of these countries and their economic development since the report was written. As a starting point, additional reading has been included on Moodle.
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