000			01252pab a2200157 454500
008			180718b1998 xxu||||| |||| 00| 0 eng d
100			_aChang, Ha-Joon
245			_aThe role of institutions in Asian development
260			_c1998
300			_ap.64-95
520			_aThe paper identifies three types of institutions that are particularly important for economic development - institutions for coordination and administration, institutions for learning and innovation, and institutions for income redistribution and social cohesion - and examines how they contributed to the development of different Asian countries. While developing countries can import and adopt some institutions from more developed countries, there is no "best practice" institutional structure that fits every country. Applying this conclusion to the current situation in Asia, it is argued that despite the currently popular argument that Asian countries should remodel their institutions along the the Anglo-American line, institutional changes need to be made cautiously and in line with local conditions. - Reproduced
650			_aEconomic and social development - Asia
650			_aEconomic and social development
773			_aAsian Development Review
909			_a44796
999			_c44796 _d44796