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22

Asian Tigers: Wealth and State Control

Lecture no. 22 from the course: Capitalism vs. Socialism: Comparing Economic Systems

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Taught by Professor Edward F. Stuart | 32 min

Reveal the secrets behind the remarkable transformations of the “Asian Tiger” countries of South Korea, Taiwan, and Singapore from poor countries to high-income economies in the span of 50 years. Starting with their shared features, trace their progression from authoritarian regimes to more democratic governments and compare and contrast their concentrated efforts to shape their economies.