Savings, investment and the corporation in the East Asian miracle
AbstractMost economists will accept that high rates of accumulation have been a key factor in East Asian economic success. This contribution explores specifically the reasons for extremely high rates of corporate savings and investments achieved by these economies. It focuses on the private corporation, the relationship between the corporation and the government and that between the corporation and the financial system. It analyses the nature of the investments-profits-savings nexus in Japan and Korea and indicates its contribution towards resolving the main macro-economic constraints on economic growth.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Journal of Development Studies.
Volume (Year): 34 (1998)
Issue (Month): 6 ()
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Other versions of this item:
- Singh, Ajit, 1997. "Savings, investment and the corporation in the East Asian miracle," MPRA Paper 53884, University Library of Munich, Germany.
- Singh, Ajit, 1997. "Savings, investment and the corporation in the East Asian miracle," MPRA Paper 54994, University Library of Munich, Germany.
- G2 - Financial Economics - - Financial Institutions and Services
- G3 - Financial Economics - - Corporate Finance and Governance
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
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