This edited volume examines the flaws in the Washington Consensus.
The missing link identified is the relationship between market and
government. The East Asian Miracle showed that the market and
government are complementary, particularly with regard to economic
development. However, the nature of this relationship has not been
fully clarified. This book assesses development strategies and
policy issues in the context of individual and/or regional
economy's history and political-economic reality. The relationship
may be conditional to these two factors. With these perceptions in
mind, the book focuses on the role and significance of government
in economic development in pursuit for new development
strategies.
General
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