The Institutional Foundations Of East Asian Economic Development

Author : Y. Hayami
Publisher : Springer
ISBN 13 : 134926928X
Total Pages : 597 pages
Book Rating : 4.80/5 ( download)

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Download or read book The Institutional Foundations of East Asian Economic Development written by Y. Hayami and published by Springer. This book was released on 1998-12-13 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Economic Association was foremost in reviving professional economists' concern with institutions and their impact in publications such as Economic Institutions in a Dynamic Society (1989). This volume concentrates on the states whose development has been characterised as the 'East Asian miracle' in the light of the performance of other economies starting from similarly low income levels, including India, China, African states - especially Nigeria - and Latin American countries including Brazil. This comprehensive comparative survey in economic history demonstrates the external shocks and interacting domestic forces which constituted the growth dynamic. Nobel Laureates Kenneth Arrow and Douglass North and past President of the IEA the late Michael Bruno are among the thirty-four highly distinguished specialist contributors.

Author : Yujiro Hayami
Publisher :
ISBN 13 : 9781349269303
Total Pages : pages
Book Rating : 4.01/5 ( download)

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Download or read book Institutional Foundations of East Asian Economic Development written by Yujiro Hayami and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Y. Hayami
Publisher : Palgrave Macmillan
ISBN 13 : 9780333674598
Total Pages : 577 pages
Book Rating : 4.96/5 ( download)

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Download or read book The Institutional Foundations of East Asian Economic Development written by Y. Hayami and published by Palgrave Macmillan. This book was released on 1998-09-28 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Economic Association was foremost in reviving professional economists' concern with institutions and their impact in publications such as Economic Institutions in a Dynamic Society (1989). This volume concentrates on the states whose development has been characterised as the 'East Asian miracle' in the light of the performance of other economies starting from similarly low income levels, including India, China, African states - especially Nigeria - and Latin American countries including Brazil. This comprehensive comparative survey in economic history demonstrates the external shocks and interacting domestic forces which constituted the growth dynamic. Nobel Laureates Kenneth Arrow and Douglass North and past President of the IEA the late Michael Bruno are among the thirty-four highly distinguished specialist contributors.

Author : Henry S. Rowen
Publisher : Routledge
ISBN 13 : 1134709285
Total Pages : 373 pages
Book Rating : 4.81/5 ( download)

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Download or read book Behind East Asian Growth written by Henry S. Rowen and published by Routledge. This book was released on 2002-11 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wide-ranging, interdisciplinary analysis of the evolution of successful economic policies in East Asia, this study advances a thorough examination of the sustained economic growth enjoyed by the countries in this region.

Author : Masahiko Aoki
Publisher : Oxford University Press
ISBN 13 : 0198292139
Total Pages : 442 pages
Book Rating : 4.35/5 ( download)

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Download or read book The Role of Government in East Asian Economic Development written by Masahiko Aoki and published by Oxford University Press. This book was released on 1997-03-13 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of government in East Asian economic development has been a continuous issue. Two competing views have shaped enquiries into the source of the rapid growth high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of marketand government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention.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 premise 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, itrecognizes 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 marketimperfections.In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economies-including Japan, Korea, Hong Kong, Malaysia, and China-and its path-dependant and developmental stage nature.

Author : Jose Edgardo Campos
Publisher : Brookings Institution Press
ISBN 13 : 9780815723035
Total Pages : 230 pages
Book Rating : 4.32/5 ( download)

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Download or read book The Key to the Asian Miracle written by Jose Edgardo Campos and published by Brookings Institution Press. This book was released on 2001-06-07 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Easily the most informed and comprehensive analysis to date on how and why East Asian countries have achieved sustained high economic growth rates, [this book] substantially advances our understanding of the key interactions between the governors and governed in the development process. Students and practitioners alike will be referring to Campos and Root's series of excellent case studies for years to come." Richard L. Wilson, The Asia Foundation Eight countries in East Asia--Japan, South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, and Indonesia--have become known as the "East Asian miracle" because of their economies' dramatic growth. In these eight countries real per capita GDP rose twice as fast as in any other regional grouping between 1965 and 1990. Even more impressive is their simultaneous significant reduction in poverty and income inequality. Their success is frequently attributed to economic policies, but the authors of this book argue that those economic policies would not have worked unless the leaders of the countries made them credible to their business communities and citizens. Jose Edgardo Campos and Hilton Root challenge the popular belief that East Asia's high performers grew rapidly because they were ruled by authoritarian leaders. They show that these leaders had to collaborate with various sectors of their population to create an environment that was conducive to sustained growth. This required them to persuade the business community that their investments would not be expropriated and to convince the broader population that their short-term sacrifices would be rewarded in the future. Many of the countries achieved business cooperation by creating consultative groups, which the authors call deliberation councils, to enhance accountability and stability. They also obtained popular support through a variety of wealth-sharing measures such as land reform, worker cooperatives, and wider access to education. F

Author : Dwight H. Perkins
Publisher : Harvard University Press
ISBN 13 : 0674727118
Total Pages : 210 pages
Book Rating : 4.13/5 ( download)

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Download or read book East Asian Development written by Dwight H. Perkins and published by Harvard University Press. This book was released on 2013-10-28 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early 1960s, fewer than five percent of Japanese owned automobiles, China’s per capita income was among the lowest in Asia, and living standards in South Korea’s rural areas were on par with some of the world’s poorest countries. Today, these are three of the most powerful economies on earth. Dwight Perkins grapples with both the contemporary and historical causes and consequences of the turnaround, drawing on firsthand experience in the region to explain how Asian countries sustained such rapid economic growth in the second half of the twentieth century. East Asian Development offers a comprehensive view of the region, from Japan and the “Asian Tigers” (Hong Kong, Singapore, Taiwan, South Korea) to Indonesia, Vietnam, Thailand, Malaysia, and China—a behemoth larger than all the other economies combined. While the overall picture of Asian growth is positive, no single economic policy has been effective regionwide. Interventionist policies that worked well in some countries failed elsewhere. Perkins analyzes income distribution, to uncover why initially egalitarian societies have ended up in very different places, with Japan, for example, maintaining a modest gap between rich and poor while China has become one of Asia’s most unequal economies. Today, the once-dynamic Japanese and Korean economies are sluggish, and even China shows signs of losing steam. Perkins investigates whether this is a regional phenomenon or typical of all economies at this stage of development. His inquiry reminds us that the uncharted waters of China’s vast economy make predictions of its future performance speculative at best.

Author : Yilmaz Akyuz
Publisher : Routledge
ISBN 13 : 1135260052
Total Pages : 168 pages
Book Rating : 4.57/5 ( download)

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Download or read book East Asian Development written by Yilmaz Akyuz and published by Routledge. This book was released on 2020-04-15 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of papers challenges the conventional view of East Asian development driven by open and efficient markets and suggests that considerable diversity both at the institutional level and in policy approaches lies behind the region's rapid economic growth.

Author : Kartik Chandra Roy
Publisher : Edward Elgar Publishing
ISBN 13 : 1781009090
Total Pages : 321 pages
Book Rating : 4.93/5 ( download)

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Download or read book Economic Development in China, India and East Asia written by Kartik Chandra Roy and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This is an unusually rich and comprehensive comparative analysis of industrialisation and development in Asia. Drawing on the diverse experiences of Malaysia, Singapore, China, India and more, Roy, Blomqvist and Clark skilfully tease out the common institutional threads and the subtle differences in their developmental trajectories. An essential reading for all those interested in the lessons from Asian development.' – Jude Howell, London School of Economics, UK This is a thorough and comprehensive study – both in terms of country coverage and in-depth analysis – covering the economic development of all the major economies in the Asian continent, namely China, India, Japan, South Korea, Taiwan, Malaysia and Singapore. Before embarking on analyses of different aspects of economic growth and development of these countries, the authors present a thought-provoking analysis of how institutional factors such as geography, history of religion, culture and political governance have been deeply interwoven with development dynamics to shape the growth and development trajectory that each country has subsequently followed. Each country's development path consequently appeared almost be pre-determined. Japan's role as the lead-country in technology transfer under the flying-geese pattern of development is discussed, however the emphasis has shifted of late to China, India, Korea, Malaysia and Singapore. the authors also propose that instead of discussing the failure of India to catch up with China in growth and development outcomes, economists should be commenting on whether China, bestowed with India's highly decentralized democratic governance structure and institutional rigidities, would have been able to achieve the same results as that of India. Only then will a true understanding and appreciation of India's achievements in economic growth and development emerge. Economic Development in China, India and East Asia will be warmly welcomed and appreciated by academics and researchers of international and development economics as well as Asian development and economics. Policy makers and those involved in NGOs in the development and aid arenas will also find this of great interest.

Author : P. Banerjee
Publisher : Palgrave Macmillan
ISBN 13 : 9780333920633
Total Pages : 368 pages
Book Rating : 4.35/5 ( download)

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Download or read book The East Asian Development Model written by P. Banerjee and published by Palgrave Macmillan. This book was released on 2000-06-21 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the turn of the millennium, there is much discussion about the failure of East Asian capitalism. The East Asian development model, which built the institutional framework of growth in the region, is blamed along with what once was called the Asian miracle. Along with experts with in-depth knowledge of East Asian economies, Frank-Jürgen Richter presents a book that analyzes the East Asian development model. The contributors identify the causes and consequences of the Asian economic crisis, describe the features of economic development throughout the region, and discuss the strategic responses of Asian firms to newly emerging economic environments. The East Asian Development Model is an essential resource for managers, academics, and politicians.