Government-Linked Companies and Sustainable, Equitable Development

1st Edition

Terence Gomez, François Bafoil, Kee-Cheok Cheong

Routledge
Published October 12, 2017
Reference - 182 Pages - 13 B/W Illustrations
ISBN 9781138578098 - CAT# Y382884
Series: Routledge Malaysian Studies Series

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Summary

The debate over how far governments should intervene in economies in order to promote economic growth, a debate which from the 1980s seemed settled in favour of the neo-liberal, non-interventionist consensus, has taken on new vigour since the financial crisis of 2008 and after. Some countries, most of them in industrialised Asia, have survived the crisis, and secured equitable economic growth, by adopting a developmental state model, whereby governments have intervened in their economies, often through explicit support for individual companies. This book explores debates about government intervention, assesses interventionist policies, including industrial and innovation policies, and examines in particular the key institutions which play a crucial role in implementing government policies and in building the bridge between the state and the private sector. The countries covered include China, India, South Korea, Malaysia and Taiwan, together with representative countries from Europe and Latin America.

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