East Asian Economies-Growth within an International Context

This paper makes extensive use of the Summers and Heston data set on per capita product covering the period 1950-90 for some ISO economies to examine their growth performance. It turns out that the five east Asian economies. Hong Kong, Singapore, Taiwan and Thailand have achieved consistently high growth in per capita product This paper is the first of a planned series on the east Asian economies. The next in the series will focus on the current economic crisis enveloping large tracts of east and south-east Asia.