The World Bank has studied the so-called East Asian miracle
economies (China, Malaysia, Singapore, South Korea, etc.),
concluding that the export-oriented and trade-oriented policies of
these countries explain the remarkable economic growth these
economies have sustained over time. But Harvard economist Dani
Rodrik disagrees. He believes that international trade and the
growth of exports were NOT the key factors causing these economies
to grow fast. He points out that there were other forces that lie
behind the economic success of...