Industrial policy measures can be a reasonable supplement to economic and social policy actions during the period of transformation of centrally planned economies. This paper shows the interplay between industrial and social policy. Special attention is given to the timing and sequencing of the...

The welfare regime in East Asia has long been characterized as a 'residual welfare state.' Yet, recent development also suggests that welfare systems in these countries have experienced significant expansion. Scholars have largely agreed that economic openness exerts significant impacts on...