Law and Policy Reform

Executive Summary
The Role of Law and Legal Institutions in Asian Economic Development, 1960-1995

E-mail or fax the Publications Unit at + 632 636 2648 to order the printed version of this publication. Applicable shipping cost will be charged. View Document [ PDF: 57kb | 18 pages ] Get Acrobat. Books, Periodicals, Studies, and Reports On-line edition: Free of Charge Hardcopy price: $45.00 ISBN: 0-19-590983-6 Hard cover (Publication Date: 26 November 1998) In stock

Law played an important role in Asia's remarkable economic growth during the second half of the 20^th century. This role has been largely ignored, even disputed as irrelevant. This book, the result of an interdisciplinary research effort by legal and economic experts from Asia and the West, offers a different perspective. It tests competing theories about law and its relation to economic development against the experience of six Asian economies between 1960 and 1995. Beginning in about 1960, Asia changed on a scale unprecedented in history. Industrialization, urbanization, and the increasing division of labor altered society, the economy, and politics across the region. The dazzling success of the Asian tigers and dragons prompted other economies in Asia to try to emulate it. This "East Asian miracle" captured the attention of policymakers and scholars around the world. The recent financial crisis in Asia has dampened the enthusiasm. Nevertheless, the achievements of the growth period remain remarkable.

Copublished with Oxford University Press. 294 pages.