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The Role of Government in Economic Development: The Korean Experience
oleh: In-Joung Whang
| Format: | Article |
|---|---|
| Diterbitkan: | World Scientific Publishing 1987-01-01 |
Deskripsi
Every government, regardless of political ideology, is engaged in the mobilization and allocation of resources, the stabilization. of the national economy, and the promotion of technological innovation. Furthermore, a government plays diverse roles in development: as the guardian of political stability, which is a prerequisite for economic growth, as the instrument for law and order, as the major investor, as a source of development financing, as a powerful agent of social change, as a motivating force behind investment decisions by private business, and as a safeguard of social security. The relative priority assigned to these multifarious roles of government has varied over time to cope with the changing market forces and business environment…