Young, Warren; Meijaard, Joris - In: American Journal of Economics and Sociology 61 (2002) 1, pp. 301-326
This paper deals with two issues. By linking culture and political systems, we develop alternatives to the "Developmental State" approach and propose, among other types, the "Bureaucratic State" for explaining the case of Japan. We extend the Laffont-Tirole (L-T) model of regulatory capture and...