Economic Development Of Asian Countries Essay - 794 Words

Arthur Tuggle III Professor Cheryl A. D’Mello Com 201 30 November 2016 In my research, I will consider the economic development of three Asian countries – Malaysia, Singapore and Thailand. Rapid growth of the Asian countries appears to be a starting point of studying economic development theory on practice. The importance of the study of the causes of rapid growth of the East Asian countries lies in the application of the results to other developing countries. The contrast between East Asian and Latin American experience has attracted a great deal of attention. The formerly centrally planned developing economies, notably China and Vietnam, have drawn on the experience accumulated by Malaysia, Singapore and Thailand. Attempts are also being made to use the East Asian experience to assist reconstruction in Central and Eastern Europe. (Adams and Davis, 1994: 8-26). 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