Institutions and Economic Growth in Asia

The Case of Mainland China, Hong Kong, Singapore and Malaysia

Flora Huang, Horace Yeung (Autoren)

Buch | Hardcover

328 Seiten

2018
Routledge (Verlag)
978-1-138-69973-1 (ISBN)

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This book explores the role of institutions in economic growth, looking in particular at specific Asian countries and at particular cities within those countries. It considers a wide range of factors besides institutions, including the law, cultural factors and overall government arrangements. The differences between the countries studied are highlighted, and the impact of these differences assessed: the impact of English common law on arrangements in Hong Kong, Singapore and Malaysia; sharia law in Malaysia; the differing lengths of time of colonial rule; the extent to which Chinese family businesses control an economy. Also studied are the degree to which the law is effectively applied, and a range of other social, economic and cultural factors. The book’s conclusions as to which factors have the greatest impact will be of considerable interest to economists of Asia and those interested in economic growth more widely.

Flora Huang is Senior Lecturer in Law at the University of Essex, UK. Horace Yeung is a Lecturer in Commercial Law at the University of Leicester, UK.

Introduction

Institutions and Growth: Setting the Scene

What Matters?

Varieties of Growth Models

Importance and Dynamics of Institutions

Legal Institutions

Role of Law

Enforcement

Political Institutions

Cultural Institutions

Economic Institutions

Concluding Remarks

China
3.1 Economic Growth of China

3.1.1 Planned Economy before 1978

3.1.2 Economic Reform and Growth after 1978

3.2 Legal Institutions

3.2.1 Quality of the Laws

3.2.2 Public Enforcement

3.2.3 Private Enforcement

3.3 Political Institutions

3.4 Cultural Institutions

3.5 Role of Market Infrastructure

3.6 Determinants of Future Growth

3.7 Concluding Remarks

Hong Kong
4.1 Economic Growth of Hong Kong

4.1.1 Economic Development as a British Colony

4.1.2 Post-Handover Economic Development

4.2 Legal Institutions

4.2.1 Quality of the Laws

4.2.2 Public Enforcement

4.2.3 Private Enforcement

4.3 Political Institutions

4.4 Cultural Institutions

4.5 Role of Market Infrastructure

4.6 Determinants of Future Growth

4.7 Concluding Remarks

Singapore
5.1 Economic Growth of Singapore

5.1.1 Growth before Independence

5.1.2 Post-independence Economy

5.2 Legal Institutions

5.2.1 Quality of the Laws

5.2.2 Public Enforcement

5.2.3 Private Enforcement

5.3 Political Institutions

5.4 Cultural Institutions

5.5 Role of Market Infrastructure

5.6 Determinants of Future Growth

5.7 Concluding Remarks

Malaysia
6.1 Economic Growth of Malaysia

6.1.1 Growth before Independence

6.1.2 Post-independence Economy

6.2 Legal Institutions

6.2.1 Quality of the Laws

6.2.2 Public Enforcement

6.2.3 Private Enforcement

6.3 Political Institutions

6.4 Cultural Institutions

6.5 Role of Market Infrastructure

6.6 Determinants of Future Growth

6.7 Concluding Remarks

Globalisation, Regionalism and Interdependence of Economies
7.1 Rise of China as Engine of Global and Asian Growth

7.1.1 China and Hong Kong

7.1.2 China and Singapore

7.1.3 China and Malaysia

7.2 Transcontinental and Regional Cooperation: Lessons from ASEAN, TPP and OBOR

7.2.1 ASEAN

7.2.2 TPP

7.2.3 OBOR

7.3 Concluding Remarks

Conclusion

Erscheinungsdatum	05.05.2018
Reihe/Serie	Routledge Economic Growth and Development Series
Zusatzinfo	13 Tables, black and white; 18 Line drawings, black and white; 18 Illustrations, black and white
Verlagsort	London
Sprache	englisch
Maße	156 x 234 mm
Gewicht	453 g
Themenwelt	Naturwissenschaften ► Geowissenschaften ► Geografie / Kartografie
	Sozialwissenschaften ► Soziologie ► Spezielle Soziologien
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
ISBN-10	1-138-69973-X / 113869973X
ISBN-13	978-1-138-69973-1 / 9781138699731
Zustand	Neuware