Economic Liberalism and the Developmental State (eBook, PDF)
Bryan Cheang
eBook, PDF

Economic Liberalism and the Developmental State (eBook, PDF)

Hong Kong and Singapore's Post-war Development

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This book provides a fresh perspective on the debate over the role of the state in East Asia's development history. Comparing the post-war development policies of Singapore and Hong Kong, it argues that their strong economic performances preceded and persisted despite, not because of, developmental state policies. While both nations are not pure free markets, the Hong Kong economy comes closer to that ideal and exhibited clear advantages over state-driven Singapore, in terms of greater levels of indigenous entrepreneurship, productivity and innovation. The book highlights the complex ways in w...

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