This is a case study of the East Asian Countries which include the Four East Asian Tiger (South Korea, Taiwan, Singapore and Hong Kong) and the Newly Industrializing Asian Countries of Indonesia, Malaysia and Thailand. These countries were deprived of the required natural resources and were even not in a position to sustain their population with the basic necessities. But currently not a single developing country compares with them in achieving sustained rapid growth and reducing poverty or raising the standard of living of their citizens. The Ethiopian Economy with abundant natural resources is still unable to feed its population. The right public policies and commitments towards their effective implementation by the government explain the difference in economic growth between Ethiopia and the Asian Economies in this study.

KEY WORDS: High performing Asian Economies, Development Economics, Public Policy, Ethiopia