The Role of Government in East Asian Economic Development: Comparative Institutional Analysis. Edited by Masahiko Aoki, Hyung-Ki Kim, and Mashiro Okuno-Fujiwara. Oxford: Clarendon Press, 1997. 419 pp. $85.00.

1999 ◽  
Vol 58 (2) ◽  
pp. 453-454
Author(s):  
Terutomo Ozawa
Keyword(s):  
Economic Development ◽  
East Asian ◽  
Institutional Analysis ◽  
Role Of Government ◽  
Comparative Institutional Analysis

The Role of Government in the Economic Development of the East Asian Learning Economies

2002 ◽  
Vol 20 (1) ◽  
pp. 23-41
Author(s):  
Tony Fu-Lai Yu
Keyword(s):  
Economic Development ◽  
Investment Decision ◽  
East Asian ◽  
Market Uncertainty ◽  
Role Of Government ◽  
The Public ◽  
East Asian Economies ◽  
Productivity And Competitiveness ◽  
And Diffusion

Abstract By emphasizing uncertainty, this paper highlights two important roles of government in the economic development of the Asian Newly Industrializing Economies, namely, coordination and entrepreneurship. Coordination can be achieved by adopting policies that reduce market uncertainty, facilitate investment decision, social learning and diffusion of technologies from overseas. Entrepreneurship refers to the ability of a state to be alert to change, identify global opportunities, and define productivity and competitiveness of an economy. The Austrian notions of entrepreneurship and coordination thus enter the study of the public sector to re-interpret the role played by government in the economic development of the East Asian economies.

scholarly journals THE ROLE OF VILLAGE-OWNED ENTERPRISES (BUMDes) TO RURAL DEVELOPMENT: A COMPARATIVE INSTITUTIONAL ANALYSIS

2019 ◽  
Vol 3 (3) ◽  
Author(s):  
I Gede Agus Ariutama ◽  
Acwin Hendra Saputra ◽  
Renny Sukmono
Keyword(s):  
Rural Development ◽  
Small And Medium Enterprises ◽  
Institutional Analysis ◽  
Institutional Arrangement ◽  
Local Economy ◽  
Successful Implementation ◽  
Comparative Institutional Analysis ◽  
Institutional Aspects ◽  
The Village

Government intervention for village development is carried out with various policies. The establishment of BUMDes is one of the government's efforts to accelerate rural development, advance the local economy, and develop the village partnerships and/or third party’s partnerships. This study exploits comparative institutional analysis framework to examine further how institutional aspects can affect the application of BUMDes in the rural development. The institutional aspects of BUMDes utilization for rural development is worth emphasizing since it will be employed as a foundation between the actors in a specific social area (structure) in its various forms such as rules, norms, or a certain routine, and the institution as a form of authority for the social behavior of the village organization. Furthermore, the successful implementation of BUMDes in the rural development is also affected by how stakeholder system can manage the institutional aspects. The result of this study, from the standpoint of comparative institutional analysis, underlines: (1) the limited authority of the Ministry of Villages, Underdeveloped Regions and Transmigration for rural development suggests that this Ministry must establish a specific institutional arrangement with the Ministry of Internal Affairs and Ministry of Cooperatives and Small and Medium Enterprises as well as banking institutions; (2) The village government has not fully taken advantage of the flexibility of its institutional arrangement to use BUMDes as a source of rural development; and (3) there is considerable scope to increase the role of BUMDes. This paper will propose some practical advices while considering the existing institutional arrangement.

Toward a dynamic capability theory of economic growth

2019 ◽  
Vol 29 (4) ◽  
pp. 1047-1065 ◽  
Author(s):  
David Sainsbury
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Value Added ◽  
The United States ◽  
Dynamic Capability ◽  
Alexander Hamilton ◽  
Role Of Government ◽  
Windows Of Opportunity ◽  
The Uk

Abstract New theories of economic growth that are policy-relevant and connect with the histories of success and failure in economic development are urgently needed. This article compares the neoclassical (or market efficiency) school of thought with the production-capability school of thought which included Alexander Hamilton, Friedrich List, and Joseph Schumpeter. Many affirmative, industrial policy steps by governments to promote economic development have been historically recorded—including in the UK and the United States. Meanwhile the neoclassical school has ignored the role of government in helping to create competitive advantage. It has also chosen to ignore how firms are formed, how technologies are acquired, and how industries emerge. The dynamic capability theory of economic growth developed here assigns the central role in economic growth to firms but also an important role to governments. The rate at which a country’s economy grows depends critically on whether its firms can build the capabilities to generate and take advantage of “windows of opportunity” that exist for innovation and new markets, and whether over time they are able to enhance their capabilities to move into higher value-added activities.1

The Role of Government in East Asian Development

1999 ◽  
Vol 54 (4) ◽  
pp. 723
Author(s):  
Steven H. Lee ◽  
Masahiko Aoki ◽  
Hyung-Ki Kim ◽  
Masahiro Okuno-Fujiwara
Keyword(s):  
East Asian ◽  
Role Of Government ◽  
Asian Development

Government and Development: Managerial Attitudes in Latin America

1965 ◽  
Vol 7 (2) ◽  
pp. 201-225 ◽  
Author(s):  
Albert Lauterbach
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Latin American ◽  
Role Of Government ◽  
Trade Associations ◽  
Private Initiative ◽  
Extensive Information

This paper is concerned with the attitudes of Latin American enterprise managers toward the role of government, as compared with that of private initiative and investment, in the economic development of the nation. Most of its data was obtained in the course of a broader investigation of managerial attitudes toward economic development, which was carried out in ten countries during the years 1959 to 1963. In addition to interviews, extensive information was obtained from informal conversations with businessmen, attendance at meetings of managerial groups, and the study of materials prepared by trade associations or individual companies.

Sign in / Sign up

Export Citation Format

Share Document