Asian developmentarism, capitalism, economic growth, East Asian Tigers

The encyclopedic box 7.3 delves into the phenomenon of accelerated economic development in the East Asian Tigers – South Korea, Taiwan, Singapore and Hong Kong – under regimes that frequently curtailed political freedoms. It examines how strong state intervention contributed to high growth rates. It also looks at export-oriented policies and centralized planning. These were in place despite restricted civil liberties. The box looks at how authoritarian or semi-authoritarian governments can exist alongside capitalist modernisation.

The encyclopedic box 7.3 delves into the phenomenon of accelerated economic development in the East Asian Tigers – South Korea, Taiwan, Singapore and Hong Kong – under regimes that frequently curtailed political freedoms. It examines how strong state intervention contributed to high growth rates. It also looks at export-oriented policies and centralized planning. These were in place despite restricted civil liberties. The box looks at how authoritarian or semi-authoritarian governments can exist alongside capitalist modernisation.