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Markets, Individual Interest and Social Governance

In: Emergent Globalization

Author

Listed:
  • Chong Choi
  • Brian Hilton
  • Carla Millar

Abstract

Emergent systems1 face major challenges. To take advantage of the business opportunities available they need a well-ordered institutional environment; enterprise requires this. Generally they cannot provide this themselves and thus third-party intervention is required. The states in this category have nevertheless all had phenomenal economic growth, high rates of population expansion and ever-increasing numbers of globally successful enterprises – Embraer Aircraft for Brazil, Proton cars for Malaya, Samsung electronics for Korea and, further back in time, a company like Toyota for Japan.

Suggested Citation

  • Chong Choi & Brian Hilton & Carla Millar, 2004. "Markets, Individual Interest and Social Governance," Palgrave Macmillan Books, in: Emergent Globalization, chapter 6, pages 77-92, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-28743-3_6
    DOI: 10.1057/9780230287433_6
    as

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