@article{1453240,
      recid = {1453240},
      author = {Cheang, Bryan,},
      title = {Economic liberalism and the developmental state : Hong  Kong and Singapore's post-war development /},
      pages = {1 online resource (xxiii, 352 pages) :},
      note = {Includes index.},
      abstract = {This book provides a fresh perspective on the debate over  the role of the state in East Asias development history.  Comparing the post-war development policies of Singapore  and Hong Kong, it argues that their strong economic  performances preceded and persisted despite, 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, Kings College London, UK.  His research interests are 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.},
      url = {http://library.usi.edu/record/1453240},
      doi = {https://doi.org/10.1007/978-3-031-08100-2},
}