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Essay / Research Paper Abstract
This paper attempts to explain the staement that free-market policies in Asia have produced stronger economies and better working conditions for laborers than if the government had had control. The paper does not try to support the statement fully, but rather examines two countries -- Thailand and China -- and attempts to demonstrate the effect of free-market policies on these two countries. Bibliography lists 9 sources.
Page Count:
9 pages (~225 words per page)
File: D0_MTmarasi.rtf
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POLICIES AND ASIA Research Compiled by 08/2002 Please Introduction
During the mid-to-late 1990s (before the Asian markets crashed), it seemed as though scientists, businessmen and women and others were extolling the virtues of a
fast-growing, seemingly wealthy Asia - known as "the tiger." But how was Asia succeeding? Was it through the free market forces that so many Asian countries had instituted? Or was
the government of each country simply the "power" behind the free-trade throne? This is a hard question to answer, as it involves a "chicken-in-egg" approach - was the government made
stronger because of free market policies or did the government come first? All of the above aside, this essay covers Southeast Asia
(including Cambodia, Indonesia, Laos, Malaysia, Philippines Singapore, Thailand and Vietnam) as well as East Asia (China, Hong Kong, Japan, North Korea, South Korea and Taiwan). The Benefits of Free Trade
Policy - China as an Example Of course, for any issue, there are pros and cons. The impact on free market policies
on East Asia and Southeast Asia arent any different. For one thing, for all that protesters claim that free trade harms poor countries, according to writer Denise Froning of the
Heritage Foundation, just the opposite is true (Froning, 2002). Edward Judgins and Bryan Johnson of the Conference Board also agree with this assessment (1990.
Free trade, as well as free market policies, notes Froning, helps increase economic opportunities, or so the theory goes (Froning, 2002). "Economic freedom flourishes in countries as diverse
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