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Essay / Research Paper Abstract
This 5 page paper looks at the role of government intervention in the U.S. economy by using the tiger economies as examples. Singapore and Taiwan are highlighted. Bibliography lists 7 sources.
Page Count:
5 pages (~225 words per page)
File: RT13_SA002Tig.rtf
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Unformatted sample text from the term paper:
today, there are many areas around the globe which can provide evidence that government intervention does play a significant role in a nations economy. Examples of economic changes which have
occurred are noted in the unification of Germany and the break up of the U.S.S.R. In trying to get capitalism off the ground, poverty seems to result. But arguments on
both sides of the fence erupt, even though critics are looking at the same picture. Some say that capitalism takes time to develop, and flourish, but it is the best
way. Others look at the poor in once communist countries and say that the people were better off under communist rule. In looking at other areas around the world to
provide proof that government intervention is not good for the national economy, one only has to look to the tiger economies. The Southeast Asian economies, affectionately called "tigers" due
to their spectacular growth, were touted as the rising stars of the developing world ("Economics," 1999). Further, it was seen as proof that capitalism worked (1999). Thus, the growth of
the tiger economies, on the surface, would make it appear that if government withdrew their influence, things would be better. And while to an extent that is true, there are
problems with that theory. In delving into the details of the history of some of the tiger economies, one sees that they are not quite as sound as once thought
and they are not free of government involvement. It seems that wealthy speculators from the industrialized nations had attacked and undermined the economies of the Asian tigers, and are now
reeling ("Economic," 1999). It seems that they are victims of the same capitalism and globalization that had created the wealth in the first place (1999).There is a large concern over
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