The East Asian Development Model

Wolfgang Klenner

Chapter 6 in Development Models, Globalization and Economies, 2006, pp 90-104 from Palgrave Macmillan

Abstract: Abstract East Asian countries developed extraordinary economic dynamics, suffered from the Asian financial crisis, and are now again on an arguably more balanced growth path. In this chapter, focusing mainly on Japan and China, we look into the question of whether economic growth in the region could be partially explained by specific sets of ‘intrinsic’ institutional arrangements of the relations between state and firms, management and employees, and banks and firms or whether it was generated just by sound economic policies.

Keywords: Foreign Direct Investment; Corporate Governance; Central Bank; Industrial Policy; East Asian Country (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52355-5_6

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DOI: 10.1057/9780230523555_6

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