LEADER 04436nam 22005775 450 001 9910624307503321 005 20251008145147.0 010 $a9783031081002$b(electronic bk.) 010 $z9783031080999 024 7 $a10.1007/978-3-031-08100-2 035 $a(PPN)27616203X 035 $a(MiAaPQ)EBC7134605 035 $a(Au-PeEL)EBL7134605 035 $a(CKB)25301877500041 035 $a(DE-He213)978-3-031-08100-2 035 $a(EXLCZ)9925301877500041 100 $a20221110d2023 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aEconomic Liberalism and the Developmental State $eHong Kong and Singapore?s Post-war Development /$fby Bryan Cheang 205 $a1st ed. 2023. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2023. 215 $a1 online resource (365 pages) 311 08$aPrint version: Cheang, Bryan Economic Liberalism and the Developmental State Cham : Springer International Publishing AG,c2023 9783031080999 320 $aIncludes bibliographical references and index. 327 $a1. Developmental State and Economic Liberalism -- 2. Economic Freedom, Institutional Arrangements, and Local Context -- 3. State Capitalism vs. Entrepreneurial Capitalism -- 4. Development Requires Freedom -- 5. Hong Kong and Singapore as an Anglo-Chinese Success Story -- 6. Reassessing Relative Economic Performance -- 7. State and the Creative Class -- 8. Conclusion: Reconsidering Developmental State Exceptionalism. 330 $a?Singapore and Hong Kong are often used as examples of successful government economic development policies. Bryan Cheang offers a comparative analysis of both countries to show that the case for a state-led development model has been overstated. Creative and entrepreneurial activities generate long-term economic development, and Cheang shows how government policies have often stood in the way of economic development. This book is highly recommended for those interested in Singapore & Hong Kong, as well as implications on East Asia and the role of the state in development?. - Randall Holcombe, DeVoe Moore Professor of Economics, Florida State University, USA. This book provides a fresh perspective on the debate over the role of the state in East Asia?s development history. Comparing the post-war development policies of Singapore and Hong Kong, it argues that their strong economic performances preceded and persisteddespite, not because of, developmental state policies. While both nations are not pure free markets, the Hong Kong economy comes closer to that ideal and exhibited clear advantages over state-driven Singapore, in terms of greater levels of indigenous entrepreneurship, productivity and innovation. The book highlights the complex ways in which states penetrate markets, which are often neglected in liberal accounts of Hong Kong and Singapore as ?free-market success stories?. At the same time, it also stands as a cautionary tale on the use of non-comprehensive development planning in the twenty-first century, where an unprecedented degree of complexity complicates economic policy and industrial upgrading. The book renews the case for economic liberalism in development policy through a unique Asian cultural lens. Bryan Cheang is Assistant Director of the Center for the Study of Governance and Society, King?s College London, UK. His research interestsare in the political economy of development and applied economic policy, with a specific focus on the institutional arrangements of the entrepreneurial state and the efficacy of industrial policy interventions. 606 $aPolitical planning 606 $aComparative government 606 $aAsia$xEconomic conditions 606 $aPublic Policy 606 $aComparative Public Policy 606 $aAsian Economics 615 0$aPolitical planning. 615 0$aComparative government. 615 0$aAsia$xEconomic conditions. 615 14$aPublic Policy. 615 24$aComparative Public Policy. 615 24$aAsian Economics. 676 $a338.9 676 $a338.95125 700 $aCheang$b Bryan$01265574 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910624307503321 996 $aEconomic Liberalism and the Developmental State$92967925 997 $aUNINA