The Role of Government in East Asian Economic Development

The Role of Government in East Asian Economic Development

Comparative Institutional Analysis

Herausgeber: Aoki, Masahiko; Kim, Hyung-Ki; Okuno-Fujiwara, Masahiro
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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.