Asian-style export-led growth and the role of law
This paper analyses the growth of Asian economies through its export-led industrialisation policies. Such growth has been uniquely achieved without greater reliance to law, which the neoliberal approach considers integral to development. Among others, this approach relies on private laws for the pro...
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2018
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oai:doaj.org-article:84d3de9f844542afa4917140336606402021-12-02T19:11:41ZAsian-style export-led growth and the role of law2079-37152309-108810.7336/academicus.2018.18.12https://doaj.org/article/84d3de9f844542afa4917140336606402018-07-01T00:00:00Z http://www.academicus.edu.al/nr18/Academicus-MMXVIII-18-133-139.pdf https://doaj.org/toc/2079-3715https://doaj.org/toc/2309-1088This paper analyses the growth of Asian economies through its export-led industrialisation policies. Such growth has been uniquely achieved without greater reliance to law, which the neoliberal approach considers integral to development. Among others, this approach relies on private laws for the protection of property and contractual rights for the efficient and smooth functioning of the market where the state has little or no intervention. In this regard, the paper discusses the role of law in development and economic growth. It is submitted that the instrumental use of law and active state intervention in the Asian examples considered in this paper raises significant doubts on the necessity of law for economic growth.Renis ZaganjoriAcademicusarticlelaw; neoliberal theory; development; economic growth; state intervention; asian tigersSocial SciencesHEconomics as a scienceHB71-74ENAcademicus International Scientific Journal, Vol MMXVIII, Iss 18, Pp 133-139 (2018) |
| institution |
DOAJ |
| collection |
DOAJ |
| language |
EN |
| topic |
law; neoliberal theory; development; economic growth; state intervention; asian tigers Social Sciences H Economics as a science HB71-74 |
| spellingShingle |
law; neoliberal theory; development; economic growth; state intervention; asian tigers Social Sciences H Economics as a science HB71-74 Renis Zaganjori Asian-style export-led growth and the role of law |
| description |
This paper analyses the growth of Asian economies through its export-led industrialisation policies. Such growth has been uniquely achieved without greater reliance to law, which the neoliberal approach considers integral to development. Among others, this approach relies on private laws for the protection of property and contractual rights for the efficient and smooth functioning of the market where the state has little or no intervention. In this regard, the paper discusses the role of law in development and economic growth. It is submitted that the instrumental use of law and active state intervention in the Asian examples considered in this paper raises significant doubts on the necessity of law for economic growth. |
| format |
article |
| author |
Renis Zaganjori |
| author_facet |
Renis Zaganjori |
| author_sort |
Renis Zaganjori |
| title |
Asian-style export-led growth and the role of law |
| title_short |
Asian-style export-led growth and the role of law |
| title_full |
Asian-style export-led growth and the role of law |
| title_fullStr |
Asian-style export-led growth and the role of law |
| title_full_unstemmed |
Asian-style export-led growth and the role of law |
| title_sort |
asian-style export-led growth and the role of law |
| publisher |
Academicus |
| publishDate |
2018 |
| url |
https://doaj.org/article/84d3de9f844542afa491714033660640 |
| work_keys_str_mv |
AT reniszaganjori asianstyleexportledgrowthandtheroleoflaw |
| _version_ |
1718377099249582080 |