Publisher's Synopsis
This is Volume 2 of a 3-volume study, Asian Development Experience, which is expected to contribute to research as well as policy-making in Asia and elsewhere. An earlier version of this study was supported by the Japan-ASEAN Solidarity Fund. Governance in Asia Revisited investigates the "missing link", the complicated realities of the relations between governance and development through case studies of ASEAN countries. Its main objective is to explore a theoretical framework to overcome the limitation of mainstream approaches by employing case studies on decentralization, crisis management, corporate governance and foreign aid management of both public and private entities. From the beginning of the 1990s onwards, the international aid community has increasingly stressed that "good governance" together with democracy and protection of basic human rights is indispensable for sustainable economic development. The terms, however, are complex, broad, and vague. They largely refer to discipline of government, institution, capacity of public sector.;While a wide variety of empirical studies has been done on the relations between good governance and development, it is still unclear how the differences in governance influence development performance in a real world.