Institutional Foundations of East Asian Economic Development
Proceedings of the IEA Conference Held in Tokyo, Japan
Published on 12. December 1998
Book
Hardback
577 pages
978-0-312-21860-7 (ISBN)
Description
The International Economic Association was foremost in reviving professional economists' concern with institutions and their impact in publications such as Economic Institutions in a Dynamic Society (1989). This volume concentrates on the states whose development has been characterised as the 'East Asian miracle' in the light of 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. Nobel Laureates Kenneth Arrow and Douglass North and past President of the IEA the late Michael Bruno are among the thirty-four highly distinguished specialist contributors.
More details
Edition
1998 ed.
Language
English
Place of publication
London
Australia
Target group
Professional and scholarly
College/higher education
Illustrations
Illustrations
Dimensions
Height: 235 mm
Width: 155 mm
Thickness: 57 mm
Weight
862 gr
ISBN-13
978-0-312-21860-7 (9780312218607)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Y. Hayami | M. Aoki
The Institutional Foundations of East Asian Economic Development
Book
09/1998
Palgrave Macmillan
€160.49
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Persons
KENNETH ARROW Professor of Economics, Stanford University, USA
ARSENIO M.BALISACAN Professor of Economics, University of the Philippines
ABHIJIT BANERJEE Professor of Economics, Massachusetts University of Technology, Cambridge, USA
KAUSHIK BASU Professor of Economics, Cornell University, Ithaca, USA
MICHAEL BRUNO Professor of Economics, Hebrew University of Jerusalem, Israel
TAIN-JY CHEN Professor of Economics, National Taiwan University, Taipeh, Taiwan
YOON JE CHO Ministry of Finance and Economy, Republic of Korea
VITTORIO CORBO Professor of Economics, Catholic University of Chile, Santiago, Chile
PARTHA DASGUPTA Professor of Economics, University of Cambridge, UK
JACQUES DREZE Professor of Economics, Core, Louvain-la-Neuve, Belgium
DAVID FEENY Professor of Economics, McMaster University, Hamilton, Ontario, Canada
AVNER GRIEF Professor of Economics, Stanford University, USA
THOMAS HELLMANN Professor of Economics, Stanford University, USA
TAKENORI INOKI Professor of Economics, Osaka University
MOTOSHIGE ITOH Professor of Economics, University of Tokyo, Japan
KAZUO KOIKE Professor of Economics, Hosei University
ANNE O. KRUEGER Professor of Economics, Stanford University, USA
JONG-WHA LEE Professor of Economics, Korea University, Seoul, Korea
JUSTIN YIFU LIN Professor of Economics, Beijing University, china
VALERY MAKAROV Professor of Economics, Russian Academy of Sciences, Moscow
KEVIN MURDOCK Professor of Economics, Stanford University, USA
DOUGLASS C. NORHT Professor of Economics, Washington University, St Louis, USA
TETSUJI OKASAKI Professor of Economics, University of Tokyo, Japan
MASAHIRO OKUNO-FUJIWARA Professor of Economics, University of Tokyo, Japan
KEIJIRO OTSUKA Professor of Economics, University of Tokyo, Japan
MARI PANGESTU Doctor, Centre for Strategic and International Studies, Jakarta, Indonesia
JEAN-PHILIPPE PLATTEAU Professor of Economics, University of Namur, Belgium
GUSTAV RANIS Professor of Economics, Yale University, USA
DANI RODRIK Professor of Economics, Harvard University, USA
ANDREW L.T. SHENG Hong Kong Monetary Authority, Hong Kong
AMMAR SIAMWALLA Thailand Development Institute, Bangkok. Thailand
JOSEPH STIGLITZ Professor of Economics, Stanford University, USA
JURO TERANISHI Professor of Economics, Hitotubashi University, Japan
ERIK THORBECKE Professor of Economics, Cornell University, Ithaca, USA
SHUJIRO URATA Professor of Economics, Waseda University, Japan
ARSENIO M.BALISACAN Professor of Economics, University of the Philippines
ABHIJIT BANERJEE Professor of Economics, Massachusetts University of Technology, Cambridge, USA
KAUSHIK BASU Professor of Economics, Cornell University, Ithaca, USA
MICHAEL BRUNO Professor of Economics, Hebrew University of Jerusalem, Israel
TAIN-JY CHEN Professor of Economics, National Taiwan University, Taipeh, Taiwan
YOON JE CHO Ministry of Finance and Economy, Republic of Korea
VITTORIO CORBO Professor of Economics, Catholic University of Chile, Santiago, Chile
PARTHA DASGUPTA Professor of Economics, University of Cambridge, UK
JACQUES DREZE Professor of Economics, Core, Louvain-la-Neuve, Belgium
DAVID FEENY Professor of Economics, McMaster University, Hamilton, Ontario, Canada
AVNER GRIEF Professor of Economics, Stanford University, USA
THOMAS HELLMANN Professor of Economics, Stanford University, USA
TAKENORI INOKI Professor of Economics, Osaka University
MOTOSHIGE ITOH Professor of Economics, University of Tokyo, Japan
KAZUO KOIKE Professor of Economics, Hosei University
ANNE O. KRUEGER Professor of Economics, Stanford University, USA
JONG-WHA LEE Professor of Economics, Korea University, Seoul, Korea
JUSTIN YIFU LIN Professor of Economics, Beijing University, china
VALERY MAKAROV Professor of Economics, Russian Academy of Sciences, Moscow
KEVIN MURDOCK Professor of Economics, Stanford University, USA
DOUGLASS C. NORHT Professor of Economics, Washington University, St Louis, USA
TETSUJI OKASAKI Professor of Economics, University of Tokyo, Japan
MASAHIRO OKUNO-FUJIWARA Professor of Economics, University of Tokyo, Japan
KEIJIRO OTSUKA Professor of Economics, University of Tokyo, Japan
MARI PANGESTU Doctor, Centre for Strategic and International Studies, Jakarta, Indonesia
JEAN-PHILIPPE PLATTEAU Professor of Economics, University of Namur, Belgium
GUSTAV RANIS Professor of Economics, Yale University, USA
DANI RODRIK Professor of Economics, Harvard University, USA
ANDREW L.T. SHENG Hong Kong Monetary Authority, Hong Kong
AMMAR SIAMWALLA Thailand Development Institute, Bangkok. Thailand
JOSEPH STIGLITZ Professor of Economics, Stanford University, USA
JURO TERANISHI Professor of Economics, Hitotubashi University, Japan
ERIK THORBECKE Professor of Economics, Cornell University, Ithaca, USA
SHUJIRO URATA Professor of Economics, Waseda University, Japan
Content
The International Economic Association Acknowledgements Foreword by J. Dr? Abbreviations List of Contributors Introduction; Yujiro Hayami and Masahiko Aoki PART I: SETTING A STAGE Toward an East Asian Model of Economic Development; Y. Hayami; Comment; P. Dasgupta The Place of Institutions in the Economy: A Theoretical Perspective; K. Arrow A West Asian's View of East Asian Development; M. Bruno PART II: DEVELOPMENT STRATEGY AND MACROECONOMICS INSTITUTIONS TFPG Controversies, Institutions and Economic Performance; D.Rodrik; Comment; T. Chen The Institutional Foundation of Macroeconomics Stability: Indonesia Versus Nigeria; E. Thorbecke; Comment; M. Pangestu Resource Abundance and Economic Development in Newly-Industrialised Economies: East Asia Versus Latin America; F. Kimura and H. Kohama; Comment; G. Ranis Contrasts in Transition to Market-Oriented Economies: India and Korea; A. Krueger; Comment; K. Basu Transition to Market-Oriented Economies: China Versus Eastern Europe and Russia; J. Lin; Comment; B. Makarov PART III: INSTITUTIONAL ARRANGEMENTS IN STATE-ECONOMY INTERFACE Financial Restraint and the Market Enhancing View; T.Hellmann, K. Murdock and J. Stiglitz; Comment; A. Sheng Industrial Interests Versus Class Interests: Conflicts Over Income Distribution in the Economic Development of Japan and Brazil; J. Teranishi; Comment; V. Corbo Upgrading Technological Capabilities of Small and Medium Enterprise: Private Support in the Japanese and Korean Auto Parts Industries; M. Itoh and S. Urata; Comment; J. Lee PART IV: PROPERTY RIGHTS, COMMUNITY NORMS AND ECONOMIC ORGANISATIONS Resource Endowments and Agricultural Development: Africa Versus Asia; J. Platteau and Y. Hayami; Comment; P. Dasgupta Thailand Versus Japan: Why Was Japan First?; D. Feeny Rural Industrialisation in East Asia; K. Otsuka; Comment; A. Banerjee Evolution of Economic Systems: The Case of Japan; T. Okasaki and M. Okuno-Fujiwara; Comment; A. Grief CONCLUSION The Role of Community Norms and Government in East Asian Rural-Inclusive Development and Institution Building; M. Aoki The Institutional Foundations of East Asian Development: A Summary Evaluation; D. North Index of Names Subject Index