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The Institutional Foundations of East Asian Development: A Summary Evaluation

In: The Institutional Foundations of East Asian Economic Development

Author

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  • Douglass C. North

    (Washington University)

Abstract

There are some fundamental characteristics of successful economic development which are common not only to the East Asian case but to elsewhere as well; but there is no common denominator as to how to achieve the development. We do know quite a bit about the fundamentals of successful development, but we know very little about the process of economic change. In this summarizing essay I shall deal with these issues in turn and draw on a number of the papers to illustrate my assertions.

Suggested Citation

  • Douglass C. North, 1998. "The Institutional Foundations of East Asian Development: A Summary Evaluation," International Economic Association Series, in: Yujiro Hayami & Masahiko Aoki (ed.), The Institutional Foundations of East Asian Economic Development, chapter 17, pages 552-560, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-26928-0_17
    DOI: 10.1007/978-1-349-26928-0_17
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    Cited by:

    1. Jieming Zhu, 2005. "A Transitional Institution for the Emerging Land Market in Urban China," Urban Studies, Urban Studies Journal Limited, vol. 42(8), pages 1369-1390, July.

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