Revista OEconomica

Tudor Constantin BĂLAN - Cycles of Freedom: Are Our Rights Today Permanently Secured, or Are We in a Transitional Phase? The Cases of Great Britain, the United States, and Russia

Marius-Cristian PANĂ, Adela BĂLAN - Economic Freedom and Prosperity: A Comparative Analysis of Welfare Determinants at the International Level

Ana Octavia ALBU - When Accurate Forecasts Still Produce Waste: Demand Shocks and Over-Forecasting Risk in Food Retail

Adrian-Ioan DAMOC - The Persian Pivot and the Reconfiguration of Geopolitical Realism: Iran and Venezuela in Strategic Competition among the United States, China, and Russia

Emmanuel Olusegun STOBER - Coercive Diplomacy in the Gulf and the Limits of the Strike-Forward Strategy: Toward a Middle-Power Coalition for Regional Stability

Sorin-Nicolae CURCĂ - On the Informational Entropy of Economic Shock

Florin DĂNESCU - The Banking Sector as Critical Infrastructure in the Logic of Hybrid Conflict: Post-2014 Legislative Convergence in Central and Eastern Europe and the Case of Romania

Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Dana GÂRDU

Academia de Studii Economice din Bucureşti

Fast and shared growth in East Asia was ascribed to strong states and their peculiar institutional arrangements, free-market policies, and Asian values, respectively. This paper provides a critical overview of these rival accounts focusing on their arguments for the miracle, and on post-crisis retrenchement. As paradigms mellowed down, a rapprochement emerged between the state-centric approach and the neoliberal one. Since no paradigm yields a comprehensive explanation of these economies’ trajectory, an eclectic approach is deemed the best alternative to date.

ŒCONOMICA no. 2/2011

Keywords: East Asia, economic development, state interventionism, neoliberalism, Neo-Confucianism

JEL: F59, H11, O10, O20, O53

Modelul de dezvoltare est-asiatic, între miracol şi criză

Select Issue: