ABSTRACT
This study argues that the controversy over the role of public policy in East Asian industrialisation should not be seen as a question of whether economic success can be attributed to states or markets, but rather as a conflict over policy frames. East Asian policies analyse national trends in a global context and have sought to achieve nationalist economic goals; the currently dominant development policy paradigm attributes national economic success mainly to internal factors yet seeks to promote a liberal international economic order. The study examines misunderstanding which arises when East Asian success is explained in the terms of the dominant paradigm, focusing on ‘outward-oriented’ as a key word, the World Bank study The East Asian Miracle, and the flying geese model of development.
