LESSONS FOR OTHER DEVELOPING COUNTRIES:
1) Getting the fundamentals right is essential (domestic savings, human capital, macroeconomic management, limited price distortions)
2) Careful policy interventions to accelerate growth (specific industry)
3) Export-push strategy that holds greater promise for DCs
4) East Asia responses to change domestic & international circumstances puts the lessons in perspective (reform, adopt policy instruments, institutions to achieve objectives for growth with equity)
5) Experiences of HPAEs broaden the understanding of a range of policies that contribute to growth (willing to experiment & adopt, etc.)