Business-government relationship in economic development
Lam,Newman M.K.
Source PublicationAsian Education and Development Studies
ISSN20463170 20463162
AbstractPurpose: In the process of fostering economic development, many governments, especially those of a small economy, such as Singapore, Taiwan, and Hong Kong, had taken a leading role in managing their economies, in spite of the free-market rhetoric that some of them have made. The purpose of this paper is to examine the reasons and the effects of government involvement in the economy. Design/methodology/approach: In this paper, the causes and effects of cooperation and conflict between government and business in economic development are examined from a theoretical perspective, particularly with references made to East Asian economies. Findings: Government interventions lead inevitably to both cooperation and conflict with the private sector. Practical implications: The strategies for dealing with problems arisen from such relationship are also examined. Originality/value: This paper links the theories and concepts from a variety of sources to offer a coherent picture of business-government relationship that is helpful for examining other studies on this topic from a broad perspective.
KeywordBusiness-government relationship East Asian economies Economic cooperation Economic development Government economic involvement Small economy
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Cited Times [WOS]:2   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionUniversity of Macau
Corresponding AuthorLam,Newman M.K.
AffiliationGovernment and Public AdministrationUniversity of Macau,Macau,Macao
First Author AffilicationUniversity of Macau
Corresponding Author AffilicationUniversity of Macau
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GB/T 7714
Lam,Newman M.K.. Business-government relationship in economic development[J]. Asian Education and Development Studies,2019,5(4):362-370.
APA Lam,Newman M.K..(2019).Business-government relationship in economic development.Asian Education and Development Studies,5(4),362-370.
MLA Lam,Newman M.K.."Business-government relationship in economic development".Asian Education and Development Studies 5.4(2019):362-370.
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