Still Relevant After All These Years: The Lessons of East Asia’s “Miracle”

Editor’s note: The factors that drove East Asia’s development some 20 years ago remain extremely relevant, says Fung Global Institute Senior Fellow Jean-Pierre Lehmann, who is also Professor of International Political Economy at IMD and Founding Director of the Evian Group. It was government coordination of a range of policies, the emphasis on the application of technology and, above all, the focus on learning in virtually all domains that spurred sustained growth in East Asian economies.