This collection of papers stems from a recent World Bank project focused upon the contentious issue of whether government has played any positive role in the success of the so-called "high-performing" Asian economies. It goes beyond the influential World Bank volume The East Asian Miracle to chart a middle ground that recognizes diversity among the different East Asian economies, as well as the evolutionary nature of government intervention.
This collection of papers stems from a recent World Bank project focused upon the contentious issue of whether government has played any positive role in the success of the so-called "high-performing" Asian economies. It goes beyond the influential World Bank volume The East Asian Miracle to chart a middle ground that recognizes diversity among the different East Asian economies, as well as the evolutionary nature of government intervention.
* Introduction * 1: Masahiko Aoki, Kevin Murdock, and Masahiro Okuno-Fujiwara: Beyond The East Asian Miracle: Introducing the Market Enhancing View * PART I. Market Failures and Government Activism * 2: Lawrence J. Lau: The Role of Government in Economic Development: Some Observations from the Experience of China, Hong Kong, and Taiwan * 3: Tetsuji Okazaki: The Government-Firm Relationship in Postwar Japanese Economic Recovery: Coordinating the Coordination Failure in Industrial Rationalization * 4: Hyung-Ki Kim and Jun Ma: The Role of Government in Acquiring Technological Capability: The Case of the Petrochemical Industry in East Asia * 5: Kiminori Matsuyama: Economic Development as Coordination Problems * PART II. The Market-enhancing View * 6: Thomas Hellmann, Kevin Murdock, and Joseph Stiglitz: Financial Restraint: Toward a New Paradigm * 7: Yoon Je Cho: Government Intervention, Rent Distribution, and Economic Development in Korea * 8: Masahiko Aoki: Unintended Fit: Organizational Evolution and Government Design of Institutions in Japan * 9: Yingyi Qian and Barry R. Weingast: Institutions, State Activism, and Economic Development: A Comparison of State-Owned vs. Township-Village Enterprises in China * PART III. The Political Economy of Development and Government-Private Interactions * 10: Juro Teranishi: Sectoral Resource Transfer, Conflict, and Macrostability in Economic Development: A Comparative Analysis * 11: Meredith Woo-Cumings: The Political Economy of Growth in East Asia: A Perspective on the State, Market, and Ideology * 12: Rents and Development in Multiethnic Malaysia Jomo K.S. and Terence Gomez * 13: Masahiro Okuno-Fujiwara: Toward a Comparative Institutional Analysis of the Government Business Relationship
* Introduction * 1: Masahiko Aoki, Kevin Murdock, and Masahiro Okuno-Fujiwara: Beyond The East Asian Miracle: Introducing the Market Enhancing View * PART I. Market Failures and Government Activism * 2: Lawrence J. Lau: The Role of Government in Economic Development: Some Observations from the Experience of China, Hong Kong, and Taiwan * 3: Tetsuji Okazaki: The Government-Firm Relationship in Postwar Japanese Economic Recovery: Coordinating the Coordination Failure in Industrial Rationalization * 4: Hyung-Ki Kim and Jun Ma: The Role of Government in Acquiring Technological Capability: The Case of the Petrochemical Industry in East Asia * 5: Kiminori Matsuyama: Economic Development as Coordination Problems * PART II. The Market-enhancing View * 6: Thomas Hellmann, Kevin Murdock, and Joseph Stiglitz: Financial Restraint: Toward a New Paradigm * 7: Yoon Je Cho: Government Intervention, Rent Distribution, and Economic Development in Korea * 8: Masahiko Aoki: Unintended Fit: Organizational Evolution and Government Design of Institutions in Japan * 9: Yingyi Qian and Barry R. Weingast: Institutions, State Activism, and Economic Development: A Comparison of State-Owned vs. Township-Village Enterprises in China * PART III. The Political Economy of Development and Government-Private Interactions * 10: Juro Teranishi: Sectoral Resource Transfer, Conflict, and Macrostability in Economic Development: A Comparative Analysis * 11: Meredith Woo-Cumings: The Political Economy of Growth in East Asia: A Perspective on the State, Market, and Ideology * 12: Rents and Development in Multiethnic Malaysia Jomo K.S. and Terence Gomez * 13: Masahiro Okuno-Fujiwara: Toward a Comparative Institutional Analysis of the Government Business Relationship
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