"Published for the Asian Development Bank by Oxford University Press."

Includes bibliographical references (p. [227]-238) and index.

Prologue: A French Fable Revisited -- Ch. 1. Institutional Innovation in East Asian Development -- Ch. 2. The Republic of Korea: Park Chung Hee's 'Modernization of the Fatherland' -- Ch. 3. Taipei, China's Great Separation -- Ch. 4. Singapore: What's in a Name? -- Ch. 5. Hong Kong's 'Positive Noninterventionism' -- Ch. 6. Malaysia: The Will To Grow -- Ch. 7. Indonesia: Informality Triumphs -- Ch. 8. The Philippines: The New State of Patronage -- Ch. 9. The State's Role in East Asian Development / Hilton L. Root and Barry R. Weingast -- Ch. 10. The Search for Good Governance -- App. A. Institution Building for Development.

Development management has for far too long been immobilized by an unwillingness to reconsider the structure and role of government. The notion that government institutions themselves (and not just the policies they implement) can be altered to achiev e policy goals challenges these old assumptions. In this book, Hilton L. Root demonstrates that the ability to craft and adopt new institutions is as important to good governance as the formulation of new policies. Drawing lessons from the rapid economic rise of East Asia, he documents how institutional innovation and reform changed the course of development in seven East Asian countries.

Through analysis of East Asia's transition from a network to a contract-based economy, this book identifies some general and transferable lessons for social and economic development as a whole. These lessons offer the best hope to developing countries of building the institutional foundations necessary to enjoy the benefits of a global economy.