Regions Asia
Did industrial policy spark huge growth in East Asia? Economists say the numbers tell a more complex story
From 1960 to 1989, South Korea experienced a famous economic boom, with real GDP per capita growing by an annual average of 6.82%. Many observers have attributed this to industrial policy, the practice of giving government support to specific industr
From 1960 to 1989, South Korea experienced a famous economic boom, with real GDP per capita growing by an annual average of 6.82%. Many observers have attributed this to industrial policy, the practi… [+8225 chars]
