By Gordon White
The e-book analyses and evaluates the advance position and impression of the country in East Asia, in either capitalist (South Korea and Taiwan) and socialist (China) contexts. It uses new learn information at the mechanisms and impression of country intervention in East Asian improvement and provides an unique thought, taking factor with the normal view that East Asian improvement displays the facility of industry forces.
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Extra info for Developmental States in East Asia
Sun Chen, 1981). In any case, public enterprise surpluses have over the 1970s contributed an average of 10 per cent of the government's net revenue, and their profit rate has been almost always positive between 1952 and 1974 (Pluta, 1979). Economists' calls for denationalisation have not had much effect. From time to time senior politicians make public statements about the need for privatisation, but no one apart from some foreigners takes such proclamations seriously. They are for public relations.
V, no. 1 (Summer) pp. 113-133. Krueger, A. (1983) Synthesis and Conclusions, vol. 3 of Trade and Employment in Developing Countries (University of Chicago). Kuznets, P. (1982) 'The Dramatic Reversal of 1979/1980: Contemporary Economic Development in Korea', Journal of Northeast Asian Studies, 1(3). Lange, 0. (1936-7 (1979)) 'On the Economic Theory of Socialism', in Nove and Nuti (eds), Socialist Economics: Selected Readings (Harmondsworth, Middlesex: Penguin Books) pp. 92-110. Lange, 0. with F.
The aim was to change Taiwan's comparative advantage in anticipation of changing market conditions; and thus to permit a steadily more differentiated range of export products. Both government and business have taken for granted that long-term structural change of this sort requires centralised direction. Indeed, all the major changes in the economy since the early 1950s have been instigated by the government; the land reform, the policies of import substitution and export promotion, the choice of leading sectors, the current drive for labour-saving automation and financial liberalisation.