Exam 16: Export-Oriented Growth in East Asia

The main contributor to growth in the high growth Asian economies,according to empirical research was government industrial policies.

The voices of business and industry are less likely to influence government policy than the voices of consumers in the high-growth Asian economies.

High-growth Asian economies were careful to maintain stable macroeconomic environments.

What did the high-growth Asian economies do to share wealth across all levels of society?

A technique for implementing industrial policies that probably worsened the effects of the 1997 crisis was

Which of the following is NOT a contributing factor into why the high-growth Asian economies were able to rapidly accumulate physical and human capital?

The Latin American region has more economic equality than the high-growth Asian economies because nations are more democratic.

One of the functions of deliberation councils is to

Falling inequality has been a feature of the high-growth Asian economies due to land reform,free public education,free basic health care,and significant investments in infrastructure for communication,sanitation,and transportation.

Which of the following economic conditions cause export growth to be a basis for faster overall economic growth?

One of the main differences between the recent economic history of the high-performance Asian economies and most of the rest of the world is that growth in the Asian economies

In the high-growth Asian economies,inflation is kept under control and budget deficits and foreign debt levels are kept within the ability of the governments and the economies to handle them,which is quite different from the past experience of the Latin American region.

Which of the following was NOT part of Korean industrial policies?

What types of government intervention did the World Bank determine was common in the East Asian economies?

The experience of the high-growth Asian economies has brought attention to predictions about income inequality made by Kuznets.He predicted that at first income inequality would ________ as economies began to develop.In the HPAE's experience,it ________.

Total factor productivity is

What appears to have been one of the major causes of the Asian financial crisis?

All eight countries known as the high-growth Asian economies are outwardly oriented for trade and investment,and all have experienced rapid growth by world standards.

The high-growth Asian economies focused their education spending on the university level to better develop high technology workers.

Export promotion is widely regarding by economists as a positive role for government policy makers to play because it is very effective at promoting economic growth.