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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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The Role of Government in Economic Development: Some Observations from the Experience of China, Hong Kong, and Taiwan

The Role of Government in Economic Development: Some Observations from the Experience of China, Hong Kong, and Taiwan

Chapter:
(p.41) 2 The Role of Government in Economic Development: Some Observations from the Experience of China, Hong Kong, and Taiwan
Source:
The Role of Government in East Asian Economic Development
Author(s):

Lawrence J. Lau

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198294917.003.0002

This chapter examines the policies adopted and implemented by the governments of China, Hong Kong, and Taiwan in the process of their economic development. It presents a comprehensive list of policy instruments the governments used in mobilizing resource inputs, allocating them more efficiently, and shifting the production frontier outwards. The issues involved in the use of each instrument are illustrated with rich facts from the greater Chinese economic zone.

Keywords:   policy instruments, government policy, resource allocation

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