Certain economists observe that following the Flying Geese pattern of development in the aftermath of the 1997-1998 Asian financial crisis has resulted in the recovery of East Asia. The 2008 global financial and economic crisis has once again led economists and policymakers to revive said model/pattern to energize the regional markets and develop new hubs of production networks. But what is this Flying Geese model of development? This EID explains all about it.
The Flying Geese Model of Regional Development
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