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Abstract

Exceptionally high growth performances of East Asian economies in the past several decades have been amply documented (e.g., P. Kuznets, 1988; Wade, 1990, chapter 2; World Bank, 1993). The task of this conference volume is to identify the institutional structure underlying those performances with respect to how unique or general it is in the world development context and to what aspects the East Asian model (if it is a coherent economic system distinguishable from others) will be applicable to development of the Third World.

This paper draws heavily on chapters 5, 6, 8, 9. and 10 of Hayami (1997).

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© 1998 International Economic Association

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Hayami, Y., Dasgupta, P. (1998). Toward an East Asian Model of Economic Development. In: Hayami, Y., Aoki, M. (eds) The Institutional Foundations of East Asian Economic Development. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26928-0_1

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