GROWTH RESULTED FROM GETTING THE POLICY BASIC RIGHT
Macroeconomic management for stable environment essential for private investment.
Policies to increase integrity of banking system, accessible to nontraditional savers, increased in financial savings.
Education policies focus on primary & secondary education led to labour force skills.
Government encourage family planning: did not restrict family planning choices
HPAEs kept price distortions to a reasonable bound.
Open to foreign ideas & technology to facilitate efficiency & set stage for high productivity growth.