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Another Tale of Two Cities: A Note on Institutions in Hong Kong and Singapore

Author

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  • Beatrice Weder
  • Aymo Brunetti

Abstract

This note focuses on one of the factors common to Singapore's and Hong Kong's successful development: They both have an exceptionally good institutional framework for doing business. Data from a world-wide private enterprise survey are presented showing that local businessmen almost uniformly awarded both Singapore and Hong Kong top marks in important institutional dimensions such as: the predictability of rule making, political stability, property rights security, judicial enforcement, and freeedom from corruption in the bureaucracy.

Suggested Citation

  • Beatrice Weder & Aymo Brunetti, 2000. "Another Tale of Two Cities: A Note on Institutions in Hong Kong and Singapore," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 156(2), pages 313-313, June.
  • Handle: RePEc:mhr:jinste:urn:sici:0932-4569(200006)156:2_313:atotca_2.0.tx_2-b
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    Cited by:

    1. Nguyen, Huong, 2016. "Ease of Doing Business Reforms in Vietnam: Implications for Total Factor Productivity in Manufacturing Industries," Papers 999, World Trade Institute.

    More about this item

    JEL classification:

    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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