East Asian countries sustained decade-plus growth rates of 8-10 percent annually.

Evidence

The economic development of East Asia has been one of the most significant developments in the world in the second half of the twentieth century. This process began in Japan in the 1950s, and for a while Japan was thought to be the great exception: a non-Western country that had successfully modernized and become economically developed. The process of economic development, however, spread to the Four Tigers (Hong Kong, Taiwan, South Korea, Singapore) and then to China, Malaysia, Thailand, and Indonesia, and is taking hold in the Philippines, India, and Vietnam. These countries have often sustained for a decade or more average annual growth rates of 8-10 percent or more. An equally dramatic expansion of trade has occurred first between Asia and the world and then within Asia. — Samuel P. Huntington, The Clash of Civilizations and the…, 279

Categorization

• XREF: Relates to the reader’s grasp of development economics and the spread-from-Japan pattern of the East Asian growth model. — connects to: Globalisation’s anti-poverty record mostly reflects state-directed East Asian growth. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 986