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Model, myth, or miracle? : reassessing the role of governments in the East Asian experience

Author: Beatrice Weder
Publisher: Tokyo ; New York : United Nations University Press, ©1999.
Series: UNU policy perspectives, 1.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"Before the financial crisis of the late 1990s, the East Asian experience was hailed as a miracle and a model of successful development. A broad consensus had been reached on the role of governments in engineering this economic success, and rapid growth was generally attributed to sound policies that were underpinned by a solid institutional framework." "In the aftermath of the financial crisis, however, the  Read more...
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Additional Physical Format: Online version:
Weder, Beatrice.
Model, myth, or miracle?
Tokyo ; New York : United Nations University Press, ©1999
(OCoLC)607212943
Document Type: Book
All Authors / Contributors: Beatrice Weder
ISBN: 9280810308 9789280810301
OCLC Number: 40645375
Notes: "UNUP-1030"--Title page verso.
Description: vi, 169 pages : illustrations ; 23 cm.
Contents: 1. The Role of Government Performance in East Asia --
1. Public-private cooperation --
2. The bureaucracy --
3. Rule of law --
4. Corruption --
5. Political stability --
2. Measuring the Quality of Government Performance --
1. How to measure quality --
2. Main data sources --
3. Indicators --
4. Empirical strategy --
5. Limitations of subjective indicators --
3. Government Performance and Growth: What the Data Say --
1. Public-private cooperation --
2. The bureaucracy --
3. Rule of law --
4. Low levels of corruption --
5. Political system and political instability --
6. Summary of results --
4. Scorecards for East Asian Countries --
1. The scorecard --
2. Scores for Thailand --
3. Scores for Malaysia --
4. Scores for South Korea --
5. Scores for Singapore --
6. Scores for Hong Kong --
7. Growth in two city-states: Hong Kong and Singapore --
8. Expectations of future developments --
9. Overall rankings --
5. Causes and Consequences of Corruption --
1. Consequences of corruption: A second look --
2. Types of corruption --
3. Causes of corruption: A review of the literature --
4. Causes of corruption: The empirical evidence --
5. Crony capitalism and corruption --
6. Did corruption cause the Asian financial crisis? --
II. Results of extended growth regressions --
III. Country coverage in the three main data sets --
IV. Country rankings --
V. Corruption and "crony capitalism."
Series Title: UNU policy perspectives, 1.
Responsibility: Beatrice Weder.

Abstract:

This book investigates the role that institutional conditions played in the " Asian miracle" , and whether they had a part in causing the crisis.  Read more...

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