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The Institutional Foundations of East Asian Economic Development: Proceedings of the IEA Conference Held in Tokyo, Japan

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The International Economic Association was foremost in reviving professional economists concerns with institutions in publications such as Economic Institutions in a Dynamic Society (1989). This volume deepens the analysis by concentrating on the states whose growth experience was better than 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 ...
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Overview

The International Economic Association was foremost in reviving professional economists concerns with institutions in publications such as Economic Institutions in a Dynamic Society (1989). This volume deepens the analysis by concentrating on the states whose growth experience was better than 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.
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Editorial Reviews

Booknews
Comprises 17 papers presented at the December 1996 conference in Tokyo. The contributions cover such topics as development strategies, macroeconomic institutions, property rights, community norms, and economic organizations. Individual paper topics include: a West Asian's view of East Asian economic development; a comparison between Latin America and East Asia in resource richness and economic development; conflicts over income distribution in the economic development of Japan and Brazil; the role of community norms and government in East Asian rural-inclusive development and institutional building; and a comparison between Africa and Asia in resource endowments and agricultural development. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9780312218607
  • Publisher: St. Martin's Press
  • Publication date: 11/28/1998
  • Series: IEA Conference Series
  • Pages: 607
  • Product dimensions: 5.74 (w) x 8.81 (h) x 1.96 (d)

Table of Contents

The International Economic Association
Foreword
Acknowledgements
List of Contributors
List of Abbreviations
Introduction
1 Toward an East Asian Model of Economic Development 3
Comment 36
2 The Place of Institutions in the Economy: A Theoretical Perspective 39
3 A West Asian's View of East Asian Economic Development 49
4 TFPG Controversies, Institutions and Economic Performance in East Asia 79
Comment 102
5 The Institutional Foundations of Macroeconomic Stability: Indonesia versus Nigeria 106
Comment 140
6 Resource Richness and Economic Development in Newly-Industrialized Economies: East Asia versus Latin America 144
Comment 169
7 Contrasts in Transition to Market-Oriented Economies: India and Korea 179
Comment 208
8 Transition to a Market-Oriented Economy: China versus Eastern Europe and Russia 215
Comment 248
9 Financial Restraint and the Market Enhancing View 255
Comment 280
10 Industrial Interests versus Class Interests: Conflicts over Income Distribution in the Economic Development of Japan and Brazil 285
Comment 315
11 Upgrading Technological Capabilities of Small and Medium Size Enterprises: Public and Private Support in the Japanese and Korean Auto Parts Industries 318
Comment 347
12 Resource Endowments and Agricultural Development: Africa versus Asia 357
Comment 411
13 Thailand versus Japan: Why Was Japan First? 413
Comment 443
14 Rural Industrialization in East Asia 447
Comment 476
15 Evolution of Economic Systems: The Case of Japan 482
Comment 522
16 The Role of Community Norms and Government in East Asian Rural-Inclusive Development and Institutional Building 529
17 The Institutional Foundations of East Asian Development: A Summary Evaluation 552
Index of Names 561
Subject Index 570
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