Lessons from East AsiaDanny M. Leipziger University of Michigan Press, 9 Jan 2001 - 608 halaman This compilation of case studies and cross-country essays focuses on the role of public policy in the experience of East Asian economies. A major theme running through the volume is regional learning and regional contagion--the spread of that learning. Beginning with the model and experience of Japan and continuing with the impressive achievements of countries originally considered unviable in the 1950s and 1960s, like Korea and Taiwan, contributors demonstrate how regional policy lessons permeated borders easily. The 1980s brought further lessons and flows of capital to the second generation of rapid industrializers. And the 1990s have seen regional contagion benefit new aspirants like Vietnam. As the chapters cumulatively reveal, however, the transferability of lessons depends on the institutional framework in which policy is formulated, the consistency of policy, and the quality of implementation. Part 1 includes the case studies for the first generation of rapidly developing East Asian economics--the tigers--while Part 2 incorporates the later generation success stories--the cubs--plus the Philippines, a country only now beginning to show significant progress. Part 3 includes cross-country essays on public investment, foreign direct investment, and cross-country patterns that synthesize the lessons learned and propose actions for other development aspirants to pursue. The essays aim to fill two major gaps--the paucity of country-specific work on the institutional side of development policy and the failure to explain the mixed record of industrial policies in East Asia. The volume will appeal to students, scholars, and policymakers in development economics. Danny M. Leipziger is Lead Economist, Latin America Region, World Bank. This title was formally part of the Studies in International Trade Policy Series, now called Studies in International Economics. |
Isi
Hong Kong A Unique Case of Development | 35 |
Taiwan China Policies and Institutions for Rapid Growth | 83 |
Korea A Case of GovernmentLed Development | 155 |
Singapore Public Policy and Economic Development | 213 |
The Cubs of East Asia | 277 |
Malaysia Growth Equity and Structural Transformation | 279 |
Thailand The Institutional and Political Underpinnings of Growth | 345 |
Indonesia Development Transformation and the Role of Public Policy | 387 |
The Philippines Three Decades of Lost Opportunities | 441 |
CrossCountry Studies | 479 |
Government Policies and Productivity Growth Is East Asia an Exception? | 481 |
Foreign Direct Investment in East Asia | 509 |
Common Foundations of East Asian Success | 539 |
Contributors | 567 |
Index | 569 |
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Istilah dan frasa umum
agricultural Asia average billion Bumiputera capital China competitive debt deficit developing countries domestic East Asian East Asian economies Economic Development economic growth economic policy effect enterprises exchange rate expenditures export external factors firms fiscal Foreign Direct Investment foreign investment Goh Keng Swee government's growth rate Hong Kong implementation import substitution incentives income increased Indonesia industrial policy inflation inflow infrastructure institutions interest rates International International Monetary Fund intervention Japan Korea Kuala Lumpur labor loans macroeconomic Malaysia manufacturing ment Ministry Monetary nomic output percent percentage period Philippines Plan political private sector programs projects promotion public sector ratio reforms role savings share Singapore Singapore's social Statistics statutory boards strategy structure success Taiwan Taiwanese tariffs Thailand tion total factor productivity trade U.S. dollar University Press wages World Bank