Why have economies in east Asia been more successful in escaping from under-development and achieving high levels of growth?

Japan’s experience of avoiding colonisation and creating a modern economy offered a model to other countries, some of whom had themselves been colonised by Japan – above all, South Korea.

How did Japan and Korea create a successful model of export-led growth with a close connection between the state and business that was criticised by the IMF as ‘crony capitalism’?

This lecture was recorded by Martin Daunton on 6th February 2024 at Barnard's Inn Hall, London

The transcript and downloadable versions of the lecture are available from the Gresham College website:
https://www.gresham.ac.uk/watch-now/export-growth

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