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Book Cover
Book
Author Pistor, Katharina.

Title The role of law and legal institutions in Asian economic development : 1960-1995 / Katharina Pistor, Philip Wellons ; with Jeffrey D. Sachs ... [and others]
Published New York : Oxford University Press, 1999

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Location Call no. Vol. Availability
 MELB  338.95 Pis/Rol  AVAILABLE
Description xi, 294 pages ; 25 cm
Contents Ch. 1. Overview -- Ch. 2. Framework of Analysis -- Ch. 3. Law and Socioeconomic Change -- Ch. 4. Economic Policy Periods and Changes in Legal Systems -- Ch. 5. Business Governance and Capital Formation -- Ch. 6. The Relation between Credit and Laws Governing Security Interests -- Ch. 7. The Settling of Commercial and Administrative Disputes -- Ch. 8. Convergence and Divergence in Legal and Economic Development
Summary "Law played an important role in Asia's remarkable economic growth during the second half of the 20th 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 - People's Republic of China, India, Japan, Republic of Korea, Malaysia, and Taipei, China - between 1960 and 1995."--BOOK JACKET
"This book suggests that, far from being irrelevant, law made an important contribution to the "East Asian miracle." The findings in the book show that, with the introduction of market-based economic policies, law and legal institutions tended to converge with economic development among the six economies and with the institutions of the West, although the extent of convergence differs from country to country and for different areas of the law."--BOOK JACKET
Bibliography Includes bibliographical references (pages [287]-294)
Subject Law and economic development.
Law and economic development -- Asia.
Asia -- Economic policy.
Author Wellons, Philip, 1942-
LC no. 98054397
ISBN 0195909836