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The substantial institutional and organisational changes in Japan that followed the Meiji Restoration of 1868 have … Meiji reform process to indicate how far it might offer any lessons for institutional and organisational reform in Japan at … debates in Japan financial institutions, business enterprise and the labour market suggests that in all three cases the …
Persistent link: https://www.econbiz.de/10005419300
Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a planned economy to a market economy at the end of 1978....
Persistent link: https://www.econbiz.de/10011894344
This paper reviews the extraordinary reduction of poverty in China over the past 40 years. It records the key economic and poverty-specific reforms that fueled the rapid growth that enabled more than 800 million people to exit extreme poverty and documents a chronology increasingly targeted...
Persistent link: https://www.econbiz.de/10012846218
This study observed rapidly rising shares of manufactured and electronic goods in Korea's total exports and a trend … decline in Korea's terms of trade over the period of this study (1967-2001), in accordance with the Prebisch-Singer hypothesis …. Contrary to the expectation of Prebisch, the increasing proportion of manufactured and electronic goods in Korea's exports …
Persistent link: https://www.econbiz.de/10014223765
For over a decade, the economy of Hong Kong has been ranked the freest economy by both the Heritage Foundation in Washington D.C. and the Fraser Institute in Vancouver, Canada. Rankings of economic freedom tend to make comparisons on the performance of economic freedom among the various world...
Persistent link: https://www.econbiz.de/10013011108
This paper considers the contribution of the developmental state literature to comparative historical analysis, with a particular emphasis on methodological issues: the role of single and comparative case studies, counter-factual analysis, the nature of historical explanation and the...
Persistent link: https://www.econbiz.de/10013077593
five phases of economic development that are common to China, Japan, and Korea: M (Malthusian), G (government-led), K (à la … explores the agrarian origins of institutions in Qing China and Tokugawa Japan (and briefly Choson Korea) and their path … institutional evolution between China and Japan, which also clarifies the simplicity of prevailing arguments that identify East …
Persistent link: https://www.econbiz.de/10009407779
To predict economic success and failure, academics and policymakers alike are interested in the differences in institutional structures across natural resource-based economies. This paper uses a political economy framework to examine the effect of institutional variables on per capita...
Persistent link: https://www.econbiz.de/10011472013
This paper tests the theoretical framework developed by North, Wallis and Weingast (2009) on the transition from closed to open access societies. They posit that societies need to go through three doorsteps: the establishment of rule of law among elites; the adoption of perpetually existing...
Persistent link: https://www.econbiz.de/10013108474
This overview paper introduces some basic concepts of New Institutional Economics like the conceptualization of institutions as the rules of the game and then focuses on the two basic mechanisms of emergence and evolution of social institutions, i.e. as a product of collective action or as a...
Persistent link: https://www.econbiz.de/10012991786