Asian Economic Giants – State-Led Development – Lessons for Central Asia

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This course provides students with the understanding of the rapid economic progress achieved by East and Southeast Asian Nations. The course focuses on the different paths and strategies that governments used to intervene in their economies, producing varying rates and patterns of economic expansion, technological change, and international competitiveness. The course addresses debates over the state’s role in economic development and uses various schools of thought and debates in encouraging students to explore the controversies, in a theoretically informed and empirically rich manner. Adaptability and flexibility of policy apparatuses are keys to the success stories of these countries and could such experiences be replicated in emerging markets of Central Asia.

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