ABSTRACT

East Asian Growth in the second half of the twentieth century began as a desperate quest for survival and catch-up. In a sense, the initial conditions provided a mind-set that transformed the anger, fear, and despair present in the countries concerned, to determination, solidarity for growth, and willingness to sacrifice and compromise. More importantly, however, these initial conditions limited the options for the EAEs in growth generation and motivated them into a form of growth that derived its power for rapid and prolonged expansion from institutional manipulation and national reorganization for international competitiveness.