Networks, Politics, and Institutions
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East Asia's remarkable economic success over the past three decades has bred a powerful new paradigm in the field of development economics and comparative political economy, centering around the concept of the developmental state. This paradigm attributes impressive economic performance by Japan and the East Asian newly industrializing countries (NICs), especially South Korea and Taiwan, to the choice of efficient, coherent, and flexible economic policies and their effective implementation.
KeywordsEconomic Performance Industrial Policy Developmental State Policy Choice Liberal Democratic Party
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