How Long to Read The Role of Government in East Asian Economic Development

By Masahiko Aoki

How Long Does it Take to Read The Role of Government in East Asian Economic Development?

It takes the average reader 7 hours and 36 minutes to read The Role of Government in East Asian Economic Development by Masahiko Aoki

Assuming a reading speed of 250 words per minute. Learn more

Description

The role of government in East Asian economic development has been a continuous issue. Two competing views have shaped enquiries into the source of the rapid growth high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of market and government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention. This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premise that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, it recognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other market imperfections. In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economies-including Japan, Korea, Hong Kong, Malaysia, and China-and its path-dependant and developmental stage nature.

How long is The Role of Government in East Asian Economic Development?

The Role of Government in East Asian Economic Development by Masahiko Aoki is 446 pages long, and a total of 114,176 words.

This makes it 151% the length of the average book. It also has 140% more words than the average book.

How Long Does it Take to Read The Role of Government in East Asian Economic Development Aloud?

The average oral reading speed is 183 words per minute. This means it takes 10 hours and 23 minutes to read The Role of Government in East Asian Economic Development aloud.

What Reading Level is The Role of Government in East Asian Economic Development?

The Role of Government in East Asian Economic Development is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Role of Government in East Asian Economic Development?

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