3. East Asian Miracles a. List the common features of the East Asian countries that have recorded a high economic growth: Briefly list the unique features of Value, Human Captial, Social Capital, and Government Roles. No long-explanation is necessary, and a short answer (item by item) is enough. b. Present pros-and-cons of export-oriented economic growth. 1) Why is the export drive policy better than import substitution? 2) What is the major problem of the export drive policy in the East Asia? c. What do you think is the relationship between the (Asian) Value and Economic Growth (there is no definite answer; express your view and readings)