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The Role of Government in East Asian Economic DevelopmentComparative Institutional Analysis$
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Masahiko Aoki, Hyung-Ki Kim, and Masahiro Okuno-Fujiwara

Print publication date: 1998

Print ISBN-13: 9780198294917

Published to Oxford Scholarship Online: January 2007

DOI: 10.1093/acprof:oso/9780198294917.001.0001

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Toward a Comparative Institutional Analysis of the Government‐Business Relationship

Toward a Comparative Institutional Analysis of the Government‐Business Relationship

Chapter:
(p.373) 13 Toward a Comparative Institutional Analysis of the Government‐Business Relationship
Source:
The Role of Government in East Asian Economic Development
Author(s):

Masahiro Okuno‐Fujiwara

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198294917.003.0013

This chapter presents an abstract model of the government-business relationship and identifies institutional structures that determine the nature and outcome of this relationship in different societies. The importance ofex antepolicy rules versusex postnegotiation is discussed. The relative merits and demerits of different types of government are assessed, and the results are used to evaluate the development performance of the relation-based Japanese system contrasted with the rule-based United States system.

Keywords:   ex ante policy, ex post negotiation, Japan, United States, government types, private firms, bargaining power

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