The Role of Government in East Asian Economic Development: Comparative Institutional Analysis (Clarendon Paperbacks)
Language: English
Published by Clarendon Press, 1998
- Softcover
- New
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Examines the role of government in East Asian economic development. The book analyzes the two main views - the market-friendly view, and developmental state view - and presents its own maket-enhancing view, which examines the capacity of government policy to facilitate private sector co-ordination. Editor(s): Aoki, Masahiko; Kim, Hyung-Ki (former Division Chief for Studies, EDIST, World Bank); Okuno-Fujiwara, Masahiro. Num Pages: 432 pages, 28 line drawings. BIC Classification: 1FP; JPQ; KCA; KCM; KCP. Category: (P) Professional & Vocational. Dimension: 159 x 235 x 23. Weight in Grams: 638. . 1998. n. Paperback. . . . . Books ship from the US and Ireland.
Seller Inventory # V9780198294917
- Title
- The Role of Government in East Asian Economic Development: Comparative Institutional Analysis (Clarendon Paperbacks)
- Author
- Aoki
- Publisher
- Clarendon Press
- Publication year
- 1998
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 0198294913
- ISBN 13
- 9780198294917
This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premiss that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, it recognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other market imperfections.
In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economiesincluding Japan, Korea, Hong Kong, Malaysia, and China and its path-dependent and developmental stage nature.
"Synopsis" may belong to another edition of this title.
Review
The rich institutional detail contained in the country-specific chapters make it a valuable refernce for students of East Asian development. - Heather Smith - Asian Pacific Economic Literature May 1999
"About the title" may belong to another edition of this title.
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