ABSTRACT
This chapter looks 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. It presupposes that strategies during the industrialization process of the three countries can be related to key areas of commercial law in the following way: enlisting a co-operative workforce: labour law and industrial relations; mobilizing capital: banking laws, financial market and foreign investment regulation; nurturing national enterprises: company and securities legislation; anti-monopoly legislation; technological upgrading: intellectual property law; and privatizing successful state companies: company and securities legislation. Japan was often saved by peculiar historical circumstances, beginning with a silk worm disease in Europe early in the Meiji period to the Cold War and Korean War of the 1950s, when the victorious powers of World War II allowed her a quick comeback as a new alley against communism.
