The Role of Traditional Chinese State and the Origin of Modern East Asia

Debin Ma

Chapter 6 in Community, Market and State in Development, 2010, pp 64-79 from Palgrave Macmillan

Abstract: Abstract Part of Professor Yujiro Hayami’s lifelong research agenda has been to engage the large question of the growth and causal mechanism of modern economic growth in East and Southeast Asia. In a series of highly influential publications, he succinctly outlined the sequence of the East Asian miracle in dimensions of economic theory, empirical analysis, and historical implication (Hayami, 1998, 2001). He characterized the East Asian miracle initiated by Japan since the Meiji as a process of rapid catch-up with Western advanced economies based on massive technology and institutional borrowing. However this capacity to borrow did not come automatically, but was built on a creative adaptive learning process that was in turn preceded and supported by rapid improvements in human-capital formation (Godo and Hayami, 2002).

Keywords: Monopoly Rent; Fiscal Revenue; Modern Economic Growth; Civil Service Examination; Fiscal Regime (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29501-8_6

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DOI: 10.1057/9780230295018_6

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