During the 1980s and 1990s Asian 'developmental states' attracted
much attention in political science and economics literature, but
the role of law in the economic development was neglected. It was
only after the Asian crisis of 1997 that many analysts began to
focus on a lack of regulation and transparency as a major factor
triggering the crisis. The crucial questions now are how successful
the current reforms will be, and which features of the Asian
approach to commercial law will be resistant to reform pressures.
This book examines the prospects for commercial law reform in Asia,
giving particular attention to Japan and Singapore, as frequently
cited role models for Asian developmentalism, and also examining
development related business laws in countries such as China,
Korea, Indonesia, Malaysia, Vietnam and the Philippines.
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