Economic Liberalism and the Developmental State

Hong Kong and Singapore's Post-war Development

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Éditeur :

Palgrave Macmillan


Paru le : 2022-11-10



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Description
This book provides a fresh perspective on the debate over the role of the state in East Asia’s development history. Comparing the post-war development policies of Singapore and Hong Kong, it argues that their strong economic performances preceded and persisted despite, not because of, developmental state policies. While both nations are not pure free markets, the Hong Kong economy comes closer to that ideal and exhibited clear advantages over state-driven Singapore, in terms of greater levels of indigenous entrepreneurship, productivity and innovation.

The book highlights the complex ways in which states penetrate markets, which are often neglected in liberal accounts of Hong Kong and Singapore as ‘free-market success stories’. At the same time, it also stands as a cautionary tale on the use of non-comprehensive development planning in the twenty-first century, where an unprecedented degree of complexity complicates economic policy and industrial upgrading. The book renews the case for economic liberalism in development policy through a unique Asian cultural lens.
Pages
352 pages
Collection
n.c
Parution
2022-11-10
Marque
Palgrave Macmillan
EAN papier
9783031080999
EAN PDF
9783031081002

Informations sur l'ebook
Nombre pages copiables
3
Nombre pages imprimables
35
Taille du fichier
11510 Ko
Prix
126,59 €
EAN EPUB
9783031081002

Informations sur l'ebook
Nombre pages copiables
3
Nombre pages imprimables
35
Taille du fichier
29686 Ko
Prix
126,59 €

Bryan Cheang is Assistant Director of the Center for the Study of Governance and Society, King’s College London, UK. His research interests are in the political economy of development and applied economic policy, with a specific focus on the institutional arrangements of the entrepreneurial state and the efficacy of industrial policy interventions.

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