ABSTRACT

As many who went before now realize, it is actually easier to kindle a miracle than to keep it burning. It is easier—although far from simple—to achieve a takeoff than to maintain "self-sustained growth," as the economists put it so prettily. In fact, there is no such thing as self-sustained growth. Growth must be sought, and worked for, and sustained by all the economic actors all the time or it will flag. That has happened in most advanced countries, even Japan to an extent, and it could well happen to the East Asian foursome, "tigers" and "dragons" though they may be.