The author examines privatization in newly industrializing countries of Asia, in Malaysia, Thailand, Indonesia and the Philippines and in three Asian socialist countries , China, Vietnam and Laos. He discusses rectified concepts of state regulation in Asian countries, general principles of...

This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...