This chapter departs from the assumption that developmental policies will be mirrored in the legal systems of the countries concerned. Therefore, rather than to engage in a theoretical debate about terminology, an attempt will be made to look at some of the key strategies used during the industrialization process of Japan, Singapore and Indonesia and the laws that were used to implement these strategies. The chapter presupposes that strategies during the industrialization process of the three countries can be related to key areas of commercial law. The aim of the survey is to show that it is advantageous to analyse single fields of law in the context of the political and economic framework of the respective development strategy and that the different fields are, therefore, strongly interrelated. This is not an assessment of the success rates of these policies, which has interested many political scientists and economists. Legislation is about the ‘ought’ rather than the ‘is’ and it allows conclusions about the intentions of those governments that introduce it. Whether these intentions achieve their aim is another matter. However, some comments about the different success rates of these three countries will be made at the end of the chapter.
|Title of host publication||Law and development in East and Southeast Asia|
|Place of Publication||London ; New York|
|Publisher||Routledge, Taylor and Francis Group|
|Number of pages||33|
|Publication status||Published - 2003|
|Name||RoutledgeCurzon-IIAS Asian Studies Series|
Bibliographical noteFirst published 2003 by RoutledgeCurzon; published 2017 by Routledge.
Copyright the Author(s) 2003. Version archived for private and non-commercial use with the permission of the author/s and according to publisher conditions. For further rights please contact the publisher.