01693cas a2200241 a 4500 AALejournalIMF000718 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451855883 1018-5941 BD-DhAAL BD-DhAAL Crafts, N. East Asian Growth Before and After the Crisis / N. Crafts. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (45 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper surveys the literature on the growth performance of the east Asian economies in recent decades, evaluates the sustainability of that performance, and provides a preliminary assessment of their long-term growth prospects in the aftermath of the current crisis. It highlights three special aspects of east Asian growth: unusually high factor accumulation, a favorable demographic transition, and the impact of rapid growth on financial and other institutions. The paper argues that there are downside risks to the east Asian 'developmental state' model, despite its favorable attributes, and that an alternative model may become more attractive as these economies mature. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1998/137 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/137/001.1998.issue-137-en.xml IMF e-Library