The government's role in japanese and Korean credit markets : a new instituucional economics perspective

The government's role in japanese and Korean credit markets : a new instituucional economics perspective PDF Author: Je Cho Yoon
Publisher: World Bank Publications
ISBN:
Category : Desarrollo economico - Asia oriental
Languages : en
Pages : 35

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Governing the Market

Governing the Market PDF Author: Robert Wade
Publisher: Princeton University Press
ISBN: 9780691117294
Category : Business & Economics
Languages : en
Pages : 500

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"George Clooney and Mark Wahlberg lead a talented cast in this harrowing special-effects adventure intercutting the plight of seafarers struggling to reach safe harbor with the heroics of air/sea rescue crews"--Container.

The Key to the Asian Miracle

The Key to the Asian Miracle PDF Author: Jose Edgardo Campos
Publisher: Brookings Institution Press
ISBN: 9780815723035
Category : Business & Economics
Languages : en
Pages : 230

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"Easily the most informed and comprehensive analysis to date on how and why East Asian countries have achieved sustained high economic growth rates, [this book] substantially advances our understanding of the key interactions between the governors and governed in the development process. Students and practitioners alike will be referring to Campos and Root's series of excellent case studies for years to come." Richard L. Wilson, The Asia Foundation Eight countries in East Asia--Japan, South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, and Indonesia--have become known as the "East Asian miracle" because of their economies' dramatic growth. In these eight countries real per capita GDP rose twice as fast as in any other regional grouping between 1965 and 1990. Even more impressive is their simultaneous significant reduction in poverty and income inequality. Their success is frequently attributed to economic policies, but the authors of this book argue that those economic policies would not have worked unless the leaders of the countries made them credible to their business communities and citizens. Jose Edgardo Campos and Hilton Root challenge the popular belief that East Asia's high performers grew rapidly because they were ruled by authoritarian leaders. They show that these leaders had to collaborate with various sectors of their population to create an environment that was conducive to sustained growth. This required them to persuade the business community that their investments would not be expropriated and to convince the broader population that their short-term sacrifices would be rewarded in the future. Many of the countries achieved business cooperation by creating consultative groups, which the authors call deliberation councils, to enhance accountability and stability. They also obtained popular support through a variety of wealth-sharing measures such as land reform, worker cooperatives, and wider access to education. F

The Role of Government in East Asian Economic Development

The Role of Government in East Asian Economic Development PDF Author: Masahiko Aoki
Publisher: Oxford University Press
ISBN: 0198292139
Category : Business & Economics
Languages : en
Pages : 442

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Book Description
The role of government in East Asian economic development has been a continuous issue. Two competing views have shaped enquiries into the source of the rapid growth high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of marketand government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention.This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premise that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, itrecognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other marketimperfections.In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economies-including Japan, Korea, Hong Kong, Malaysia, and China-and its path-dependant and developmental stage nature.

Developmental Dictatorship and the Park Chung-hee Era

Developmental Dictatorship and the Park Chung-hee Era PDF Author: Pyŏng-chʻŏn Yi
Publisher: Homa & Sekey Books
ISBN: 1931907285
Category : Korea (South)
Languages : en
Pages : 410

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Book Description
By examining the most controversial Park Chung-hee period (1961-1979), Developmental Dictatorship and the Park Chung-hee Era helps the reader rediscover the socioeconomic origins of modern Korea. The essays in this book written by twelve noted Korean social scientists discuss the relationship between South Koreas economic development and totalitarianism in the form of the Park dictatorship. ABOUT THE EDITOR lee Byeong-cheon holds a PhD in economics from Seoul National University. He is a professor in the Department of Economics and International Trade at Kangwon National University. Dr. Lee was a visiting professor at University of California, Berkeley. CONTRIBUTORS Lee Byeong-cheon, Kim Sam-soo, Seo Ick-jin, Yoo Chul-gyue, Lee Sang-cheol, Lee Joung-woo, Lee Chong-suk, Cho Young-chol, Chin Jung-kwon, Han Hong-koo, Hong Seong-tae, Hong Yun-gi.

Korean Bank Regulation and Supervision:Crisis and Reform

Korean Bank Regulation and Supervision:Crisis and Reform PDF Author: Young Shim
Publisher: Springer
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
This work identifies the continuing structural weaknesses of the Korean banking system, which were thrown into sharp relief by the 1997 financial crisis, and focuses on the need for reform in order to achieve financial stability. The study centres around three central questions: Who should be the regulator? What substantive standards of supervision should be applied? Administratively, in what manner should these standards be applied? The book argues that the Korean banking system, characterised as a `governmental control system' for credit allocation, should be removed from undue governmental and political interference, thus allowing the involvement of banks in commercially oriented practices without exposure to the significant risks incurred by governmental policy directed lending. The author calls for a high degree of transparency and accountability, for a clear, realistic timetable for restructuring, and for an effective exit policy for troubled commercial banks. This book will be of value to practitioners, researchers and academics working in the field of banking law, particularly those with a special interest in the Asia-Pacific region.

Public Pensioin Governance and Performance

Public Pensioin Governance and Performance PDF Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 79

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How Fast Has Chinese Industry Grown?

How Fast Has Chinese Industry Grown? PDF Author: Thomas G. Rawski
Publisher: World Bank Publications
ISBN:
Category : China - Condiciones economicas
Languages : en
Pages : 52

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The Political Economy of Korea

The Political Economy of Korea PDF Author: J. Uttam
Publisher: Springer
ISBN: 1137451246
Category : Political Science
Languages : en
Pages : 402

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Korea's twin transitions – agrarian to industrial and industrial to post-industrial – transformed the country's political economy. Moving away from the traditional focus on aspects such as market, culture, and colonialism, the author argues that Korea's 'second state' was revitalized through the 'people's movement' and 'citizens movement'.

The World Bank Research Observer

The World Bank Research Observer PDF Author:
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 336

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