In the online discussion forum, you are expected to participate often and engage in deep levels of conversation. Please post your initial response by Wednesday and continue to participate by posting a minimum of 2 substantial responses to classmates. You should also respond to anyone who has responded to you. Please follow APA guidelines when using sources to support your statements. Keep your initial post to 300 words or less, do not repeat the question and do not restate theory. The discussion should show that you understand the material.The high-growth economies of Asia covered in Chapter 16 stand in sharp contrast to the Latin American economies studied in Chapter 15. Generally speaking, these economies have avoided populist policies, have shared the benefits of growth, and had relatively open economies. Economists are divided over the effectiveness of East Asian industrial policies. For this discussion, you are asked to take a position – do you think industrial policies in East Asia worked or do you think they didn’t work? Provide some insight to the position you take and defend your point of view. As always, make sure you back up your arguments with at least one reliable source.