03.05.2024
International Business & Trade
Dear all,
I hope that you are enjoying this evening.
Please be informed that today's presentation is now available on moodle.
As mentioned, please be well-prepared to participate in class discussions on Li (2003) in the morning next Monday (06.05.2024).
Li, J. (2003). “Relation-based versus Rule-based Governance: An Explanation of the East Asian Miracle & Asian Crisis”, Review of International Economics, 11(4): 651-673.
Questions
Q1: What is the main argument of this paper?
Q2: What is the distinction between rule-based governance & relation-based governance in terms of definition, nature, & dynamics?
Q3: Which type of governance is more effective in overcoming transaction & agency costs?
Q4: Please discuss the causes of the Asian Economic Miracle from the perspective of relation-based governance.
Q5: Is relation-based governance a substitute for rule-based governance or does it compliment?
Q6: Why does the author argue that the Japanese Model is based on relation-based governance?
I wish all of you a wonderful weekend ahead & please keep demanding the best from yourself always.Best regards, Norifumi Kawai