“The rapidly growing East Asian economics used very different combinations of policies, from hands-off to highly interventionist. Thus there is no…
“The rapidly growing East Asian economics used very different combinations of policies, from hands-off to highly interventionist. Thus there is no single East Asian model of development. This diversity of experience reinforces the view that economic policies and policy advice must be country specific if they are to be effective”. Critically evaluate the position espoused in the above statement.
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