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Factors Of Economic Dynamism In Asian Countries

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  • George Cornel Dumitrescu

Abstract

The aim of this paper is to identify the factors that determined economic growth in Asian countries. In order to understand these factors and how they joined forces to help acquire economic growth, the paper studied some of the most relevant economies from this dynamic area of the world. The study identified capital accumulation, education, technological transfers, foreign investments, state interventions in shaping a sound economy and natural resources as important factors of growth, along with the cultural heritage of Asian people.

Suggested Citation

  • George Cornel Dumitrescu, 2011. "Factors Of Economic Dynamism In Asian Countries," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(13), pages 1-33.
    • Handle: RePEc:alu:journl:v:2:y:2011:i:13:p:33
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    File URL: http://oeconomica.uab.ro/upload/lucrari/1320112/33.pdf
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    References listed on IDEAS

    as
    1. Bosworth, Barry & Collins, Susan M. & Virmani, Arvind, 2007. "Sources of Growth in the Indian Economy," India Policy Forum, National Council of Applied Economic Research, vol. 3(1), pages 1-69.
    2. Stiglitz, Joseph E, 1996. "Some Lessons from the East Asian Miracle," The World Bank Research Observer, World Bank, vol. 11(2), pages 151-177, August.
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    More about this item

    Keywords

    economic growth; human capital; foreign investment; education; culture;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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