现行的人民币汇率制度可持续性.ppt

Page 701/East Asia: Success Crisis The East Asia Economic Miracle South Korea: a series of economic reform; emphasize exports In the 1960s, Hong Kong, Taiwan, Singapore In the 1970s—1980s, Malaysia, Thailand, Indonesia, and China Different Patterns: Common: industrial policy + business-government cooperation South Korea: government role in allocation of capital between industries; Hong Kong Taiwan: no clear industrial policy; Singapore (Taiwan): rely on the local subsidiaries of multinational firms; Behind the high-growth: high rates of saving and investment; (they