Description:
The debate over how far governments should intervene in economies in order to promote economic growth has taken on new vigour since the financial crisis of 2008. Many countries, many of them in Asia, have secured good economic growth after the crisis by adopting a developmental state model, with governments intervening in their economies, often supporting specific companies. This book explores debates about government intervention, assesses interventionist policies and examines the key institutions which play a crucial role in implementing government policies and building bridges between state and private sector. Countries covered include China, India, South Korea, Malaysia and Taiwan.