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Assessing economic growth in the Asian NICs

Bibliographic Data

ID3986772
AuthorsPeter Nolan (0000-0002-4923-2422, University of Cambridge, corresponding author)
Year1990
Volume20
Issue1
Pages41-63
Publication date1990-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Contemporary Asia (JOURNAL)
Journal identifiersISSN: 0047-2336 • E-ISSN: 1752-7554
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00472339080000031
OpenAlexW4235458382
LanguageEN
Citations received1
References cited6

Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice.... The natural effort of every individual to better his own condition, when suffered to exert itself with freedom and security, is so powerful a principle that it is alone, and without any assistance, not only capable of carrying on the society to wealth and prosperity, but of surmounting a hundred impertinent obstacles with which the folly of human laws too often encumbers its operation. The third and last duty of the sovereign or commonwealth is that of erecting and maintaining those public institutions and those public works, which, though they may be in the highest degree advantageous to a great society, are, however, of such a nature, that the profit could never repay the expense to any individual or small number of individuals, and which it therefore cannot be expected that any individual or small number of individuals should erect or maintain. The performance of this duty requires too very different degrees of expense in the different periods of society. (Adam Smith, The Wealth of Nations, Cannan edition, Chicago, 1976, Vol. I, pp. 49–50 and Vol. II, p. 244

Administration (probate law · Administration of justice · Commonwealth · Development economics · Duty · Economic Justice · Economics · Law and economics · Political science · Politics · Prosperity · Sociology · Sovereignty · Global Financial Crisis and Policies · Law

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Unique citing works1
Citations per year0,03
Citation span1992 - 1992 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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