Academicus International Scientific Journal

Title:
Asian-style export-led growth and the role of law  

Author(s):
Doctoral Candidate Renis Zaganjori
rzaganjori@asd.gov.al
Institute of European Studies, University of Tirana, Albania

Abstract:
This paper analyses the growth of Asian economies through its export-led industrialisation policies. Such growth has been uniquely achieved without greater reliance to law, which the neoliberal approach considers integral to development. Among others, this approach relies on private laws for the protection of property and contractual rights for the efficient and smooth functioning of the market where the state has little or no intervention. In this regard, the paper discusses the role of law in development and economic growth. It is submitted that the instrumental use of law and active state intervention in the Asian examples considered in this paper raises significant doubts on the necessity of law for economic growth.

Keywords:
law; neoliberal theory; development; economic growth; state intervention; Asian tigers

Full Text PDF:
Academicus-MMXVIII-18-133-139.pdf

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References:
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Digital Object Identifier DOI:
https://dx.medra.org/10.7336/academicus.2018.18.12


Licensing:   Creative Commons License
The article's content ©Academicus™ Asian-style export-led growth and the role of law by Doctoral Candidate Renis Zaganjori is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Presented: June 2018
Included for Publishing: June 2018
Published: July 2018, Volume 9, Issue 18

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