The Institutional Foundations of East Asian Economic Development

Proceedings of the IEA Conference held in Tokyo, Japan

  • Yujiro Hayami
  • Masahiko Aoki

Part of the International Economic Association Series book series (IEA)

Table of contents

  1. Front Matter
    Pages i-xxviii
  2. Setting the Stage

    1. Front Matter
      Pages 1-1
    2. Yujiro Hayami, Partha Dasgupta
      Pages 3-38
  3. Development Strategy and Macroeconomic Institutions

  4. Institutional Arrangements in the State-Economy Interface

  5. Property Rights, Community Norms and Economic Organizations

    1. Front Matter
      Pages 355-355
    2. Jean-Philippe Platteau, Yujiro Hayami, Partha Dasgupta
      Pages 357-412
    3. David Feeny, Ammar Siamwalla
      Pages 413-446
    4. Keijiro Otsuka, Abhijit V. Banerjee
      Pages 447-481
    5. Tetsuji Okazaki, Masahiro Okuno-Fujiwara, Avner Greif
      Pages 482-525
  6. General Comments

  7. Back Matter
    Pages 561-577

About this book


The International Economic Association was foremost in reviving professional economists' concern with institutions and their impact in publications such as Economic Institutions in a Dynamic Society (1989). This volume concentrates on the states whose development has been characterised as the 'East Asian miracle' in the light of the performance of other economies starting from similarly low income levels, including India, China, African states - especially Nigeria - and Latin American countries including Brazil. This comprehensive comparative survey in economic history demonstrates the external shocks and interacting domestic forces which constituted the growth dynamic. Nobel Laureates Kenneth Arrow and Douglass North and past President of the IEA the late Michael Bruno are among the thirty-four highly distinguished specialist contributors.


development East Asia Economic Development growth

Editors and affiliations

  • Yujiro Hayami
    • 1
  • Masahiko Aoki
    • 2
  1. 1.Aoyama-Gakuin UniversityJapan
  2. 2.Stanford UniversityUSA

Bibliographic information