1. East Asian Globalisation
... export-led regime was not something these economies could do immediately. Usually, the countries experimented with import-substitution in order to increase the first phase of development for their economy before approaching an export-orientated approach. This type of switch was much to do with historical timing, geographic ... reality and political necessity as it was with policy foresight. The period that was the 1960s produced a booming world economy, a relatively open and non-protectionist regime together with some huge U.S spending related to the Vietnam War which all aided to launc...
- Word Count: 3533
- Approx Pages: 14
- Has Bibliography
- Grade Level: Undergraduate