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Author:Oshima, H. T.
Title:The role of social values in the growth of Asian economies : the proximate and the distal
Journal:Journal of the Asia Pacific Economy
1996 : VOL. 1:2, p. 195-214
Index terms:SOCIAL VALUES
ECONOMIC GROWTH
WORK ETHICS
RELIGION
ASIA
Language:eng
Abstract:This paper discusses some of the criticisms directed to the use of non-economic factors in the explanation of East Asia's rapid growth, and then goes on to describe the various social values and other non-economic forces found in different regions of Asia. It argues that a full understanding of the rapid growth of East Asia, the moderately rapid growth of ASEAN and the slow growth of South Asia must take into account both economic and non- economic factors. It visualizes social factors as the distal forces, standing behind the proximate economic factors such as saving, investment, labour input, skills and learning, and governing. These social factors are work ethics, thriftness, esteem and respect for learning and governance. They are the product of many forces: climate, geography, history, ethnity, religion and so on.
SCIMA record nr: 155011
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