Description
Explore the transformative journey of liberalization within economic development with 'Liberalization in the Process of Economic Development'. This scholarly work delves into how newly industrialized economies in Southeast Asia, including South Korea, Taiwan, and Singapore, navigate the intricacies of market economies and government policies. In this book, leading economists analyze the pivotal role of government intervention and the gradual shift towards market reliance in facilitating growth and addressing market distortions. Discover the challenges and opportunities that arise during periods of economic liberalization and how these factors contribute to the overall development trajectory of nations. This comprehensive volume, part of UC Press's prestigious Voices Revived program, revives past insights for modern applications, ensuring that crucial academic learnings remain accessible. Gain valuable perspectives on economic development, market strategies, and the impact of liberalization policies that shape the global economy. Perfect for economists, policymakers, and students alike, this book is an essential addition to any collection focused on economic growth and development issues. Join the conversation on how liberalization continues to influence economic outcomes in developing countries.