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agricultural Asia capita economic growth capita growth capital accumulation central government China Chinese closed economies competition decentralization of economic deregulation developing countries domestic East Asian countries East Asian economies economic policy economically active population efficiency index exit policy export processing zones extreme macroeconomic crisis financial flows foreign direct investment foreign investment government expenditure government saving government spending growth in East growth rate hire and dismissal India and selected India's growth Indonesia industrial policies infrastructure initial income international trade labor force labor market flexibility liberalization literacy Malaysia Manmohan Singh manufacturing exports market efficiency market forces market reforms national saving rate non-state sector open to trade percent of GDP political poorer countries tend primary education private saving productivity growth protectionism rapid growth relatively Republic of Korea Sachs and Warner selected East Asian SLI system socialist Soviet Union special economic zones state-owned enterprises tax rates Thailand workers World Bank