Development Policy in East Asia: Economic Growth and Poverty Alleviation

Romeo M. Bautista

Jan. 1992 · Institute of Southeast Asian

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 The growth performance of East Asia's market economics over the two-and-half decades has been one of unparalleled success. In this regional comparative study of country experiences, the author demonstrates the considerable scope for complementarity between economic growth and poverty alleviation in the development process. Government policies are shown to have been a major determinant of the development path for the East Asian countries, including the outcomes in income growth and distribution. The study sheds light on the types of policies conducive to both economic growth and poverty reeducation, and provides important lessons for the other developing countries.

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 Romeo M. Bautista is Research Fellow and Acting Director of the Trade and Macroeconomics Division at the International Food Policy Research Institute in Washington D.C. He was previously Professor of Economics at the University of the Philippines (1978-83)