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This is a free sample preview of the essay
Rapid Economic Growth In East Asian Countries
Beginning of essay
Over the past decade, there has been rapid long-term economic growth
for East Asian countries. These newly industrialising countries are
experiencing growth rates in GDP per head at around 6% to 7% compared to the 2%
to 3% for most industrial economies. If this growth continues, South Korea and ....
Middle of essay
....DP is in physical
capital and education. Compared to the industrial leaders, the East Asian
countries have sustained a much higher investment in these areas. South Korea
invests 35% of its GDP which is more than double America's capital spending.
The East Asian countries have placed much emphasis upon education. Education
is the key to mastering the technologies which they have been borrowing from the
economic leaders of the world. The standards of education for these countries
have improve.... |
| Number of words: 511 |
Approximate pages: 2 |
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