According to a World Bank report in 1993, the East
Asian miracle, achieving high economic growth for
all people, is due to a combination of fundamentally
sound development policies, tailored interventions,
and an unusually rapid increase of physical and
human capital. The more advanced economies in
the Asian region are part of this success and have
been referred to as high-performing East Asian
economies. ---- In addition, these economies have
displayed high per capita incomes, along with a
much-improved income distribution, compared with
most other developing economies.