Chapter

Institution Building for Governance

Yung Chul Park

in Economic Liberalization and Integration in East Asia

Published in print December 2005 | ISBN: 9780199276776
Published online February 2006 | e-ISBN: 9780191603051 | DOI: http://dx.doi.org/10.1093/0199276773.003.0012
 Institution Building for Governance

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The quality of governance and institutions is important in economic growth. Although there is no need to transplant western rules and institutions into Asia, there is a need to overcome vested interests and the advantages held by large conglomerates. This can be achieved by establishing legal, social, and political institutions for the implementation of an effective democratic political regime with deregulated open markets.

Keywords: corruption; governance; malfeasance; regulatory framework; public sector; democratization

Chapter.  2914 words.  Illustrated.

Subjects: Business and Management

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