Policy Regimes and Industrial Competitiveness: A Comparative Study of East Asia and India

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The focus of this study is the economic performance of East Asia since the 1960s. It looks at the common forces, generated by each country’s policies, that jointly produced successful outcomes. The roles of macroeconomic and microeconomic factors are analysed. For comparison, the same framework is used to examine the less successful performance of the Indian economy. The analysis emphasises the significance of the overall institutional context in which policies are implemented in determining their effectiveness.