- Hong Kong
- South Korea
- Began in 1970's
- fully developed by 2000
Approached industrialisation with an export driven model as a pose to the generc import subsitution method popular in the 1960's.
- Invested heavily as education to improve productivity of labour force
- Governments encouraged managers to provide job security.
- Protecting agriculture with subsidies and import tarrifs on non- essential goods. Small and medium farms had land reform, encouraging farmers to invest and mechanise farming, preventing rural disconnect.
- All had great…