My paper examines the difference between the liberal and Confucian perception of the public and private sphere and the ways that these two societies cope with political fear or economic crisis. During the Asian financial crisis of 1997, the 'gold collection' drive launched by Koreans drew...

Domestic institutions can be a source of comparative advantage. This paper examines the role of Confucian clan culture, a long-standing institution at the heart of Chinese society, in firm exports. Using a nationally representative survey on private enterprises in China, we find that firms...