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The empirical literature on the relationship between democracy and growth has yielded conflicting results. Cross-country studies have failed to identify a significant impact of democracy on growth, while within-country studies have found a strong positive effect of the transition to democracy on...
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Japan's mid 19th century transition from 200 years of self-imposed autarky to open trade is the main success story of … economic, institutional and normative changes within Japan that were triggered by the unequal treaties following Admiral Perry …'s arrival in 1853. These changes were instrumental for Japan's industrial success and catching up with the western powers on …
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We look at Korea's industrialization strategy and experience from the 1960s to the mid-1990s. Three elements of the Korean industrial development and structural change are discussed: 1) its outward orientation and export push, 2) its climb up the ladder of comparative advantage, and 3) its...
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accelerated economic, social and political modernization. The contrast with Meiji Japan has been made by several Thai and foreign …
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