Varieties of Capitalism in Asia

Beyond the Developmental State

Author: David Hundt,Jitendra Uttam

Publisher: Palgrave Macmillan

ISBN: 9780230240315

Category: Political Science

Page: 283

View: 4939

This book devises an innovative new way of explaining how socioeconomic orders shape capitalism in Asia. Hundt and Uttam go beyond both the ‘varieties of capitalism’ approach, which is mainly used to analyse Western capitalism, and the 'developmental state' thesis, which is the primary framework for analysing capitalism in Asia, and propose a new and innovative approach to the emergence of capitalist systems. Rather than focusing solely or predominantly on the state, they argue, it is necessary to bring society back in to an analysis of capitalism. The authors apply this approach to case studies from across the region: Japan; South Korea and Taiwan; Hong Kong and Singapore; Malaysia and Thailand; and India and China. This volume will appeal to historians, political scientists and economists, as well as policymakers, who are interested in the transformation of the Asian region since World War II.

Varieties of Capitalism in Southeast Asia

Author: Joel David Moore

Publisher: Springer

ISBN: 3319537008

Category: Political Science

Page: 178

View: 6107

This book explains the political origins and evolution of capitalist institutions in developing countries by looking at distinct patterns in the electronics industry in three Southeast Asian countries: Thailand, Malaysia, and Singapore. An analysis of the political determinants of these patterns has a number of theoretical and practical implications. It includes a new explanation for family business behavior, a unified framework for explaining capitalist varieties, a guide for institutional reform, and a comparative examination of three dynamic Asian economies that provides important insights to students, scholars, and people in business.

The Oxford Handbook of Asian Business Systems

Author: Michael A. Witt,Gordon Redding

Publisher: Oxford University Press

ISBN: 0199654921

Category: Business & Economics

Page: 752

View: 3050

The Handbook explores institutional variations across the political economies of different societies within Asia. It includes empirical analysis of 13 major Asian business systems between India and Japan, and examines these in a comparative, historical, and theoretical context.

Institutional Variety in East Asia

Formal and Informal Patterns of Coordination

Author: Werner Pascha,Cornelia Storz,Markus Taube

Publisher: Edward Elgar Publishing

ISBN: 1849807965

Category: Business & Economics

Page: 304

View: 9916

This illuminating book broadly addresses the emerging field of 'diversity of Capitalism' from a comparative institutional approach. It explores the varied patterns for achieving coordination in different economic systems, applying them specifically to China, Japan and South Korea. These countries are of particular interest due to the fact that they are often considered to have developed their own peculiar blend of models of capitalism. The expert contributors take a common institutional approach, focusing on institutions at the macro level. They present case studies to demonstrate the diversity of institutional patterns at the advent of the 21st century, both within the East Asian region and elsewhere. Examples of stability within existing institutions are illustrated alongside examples of comprehensive institutional change. Underpinning the case studies are a set of theoretical and empirical challenges for researchers concerned with national institutional settings, path dependence and endogenous dynamics.

The Economic Organization of East Asian Capitalism

Author: Marco Orru,Nicole Woolsey Biggart,Gary Hamilton

Publisher: SAGE

ISBN: 9780761904809

Category: Business & Economics

Page: 426

View: 4087

East Asia's dynamic entrance into the global economy has provided a fruitful avenue for research in economic sociology. In this perceptive and timely volume, the authors theorize Asian capitalism and analyze the economic organization of East Asia. Presenting differing dimensions of a Weberian perspective, the authors first provide a theoretical grounding, then consider capitalism in East Asia comparatively, and finally contrast the economies of East Asia and Europe. The book shows how radically different social and cultural institutions can lead to economies that are organized in remarkably similar ways.

The Political Economy of East Asia

Striving for Wealth and Power

Author: Ming Wan

Publisher: SAGE

ISBN: 1483305325

Category: Political Science

Page: 380

View: 9746

For students of international political economy, it is hard to ignore the growth, dynamism, and global impact of East Asia. Japan and China are two of the largest economies in the world, in a region now accounting for almost 30 percent more trade than the United States, Canada, and Mexico combined. What explains this increasing wealth and burgeoning power? In his new text, Ming Wan illustrates the diverse ways that the domestic politics and policies of countries within East Asia affect the region’s production, trade, exchange rates, and development, and are in turn affected by global market forces and international institutions. Unlike most other texts on East Asian political economy that are essentially comparisons of major individual countries, Wan effectively integrates key thematic issues and country-specific examples to present a comprehensive overview of East Asia’s role in the world economy. The text first takes a comparative look at the region’s economic systems and institutions to explore their evolution—a rich and complex story that looks beyond the response to Western pressures. Later chapters are organized around close examination of production, trade, finance, and monetary relations. While featuring extended discussion of China, Japan, South Korea, and Taiwan, Wan is inclusive in his analysis, with coverage including Myanmar, Thailand, Laos, Vietnam, Cambodia, Malaysia, Singapore, Indonesia, Brunei, and the Philippines. The text is richly illustrated with more than fifty tables, figures, and maps that present the latest economic and political data to help students better visualize trends and demographics. Each chapter ends with extensive lists of suggested readings.

China's Emergent Political Economy

Capitalism in the Dragon's Lair

Author: Christopher A. McNally

Publisher: Routledge

ISBN: 1134093985

Category: Business & Economics

Page: 288

View: 5206

This edited volume represents the first collaborative effort to explicitly view China’s rapid international ascent as associated with the same process that catapulted Great Britain, the United States, Germany, and Japan to international prominence – the emergence of a capitalist political economy. Each chapter therefore applies the capitalist lens to analyze aspects of China’s monumental social, economic, and political transition. Topics addressed range from examinations of China’s industrial capitalism and its new multinational corporations to studies of China’s changing polity, state-media relations, and foreign policy. With contributors writing from highly varied backgrounds each chapter approaches the subject from a slightly different perspective, but the underlying findings show considerable common ground. China is developing a unique form of capitalism by combining elements rooted in Chinese history, such as the prevalence of networked forms of capital and the continued dominance of the state, with the growing influence of global capital, including the rapid adaptation of recent organizational and technological innovations. Concluding chapters draw out what capitalism in the dragon’s lair implies for our 21st century world, cautioning that China’s rise is likely to challenge the present world order along both political and economic dimensions.

Indian Capitalism in Development

Author: Barbara Harriss-White,Judith Heyer

Publisher: Routledge

ISBN: 1317673972

Category: Social Science

Page: 256

View: 8605

Recognising the different ways that capitalism is theorised, this book explores various aspects of contemporary capitalism in India. Using field research at a local level to engage with larger issues, it raises questions about the varieties and processes of capitalism, and about the different roles played by the state. With its focus on India, the book demonstrates the continuing relevance of the comparative political economy of development for the analysis of contemporary capitalism. Beginning with an exploration of capitalism in agriculture and rural development, it goes on to discuss rural labour, small town entrepreneurs, and technical change and competition in rural and urban manufacturing, highlighting the relationships between agricultural and non-agricultural firms and employment. An analysis of processes of commodification and their interaction with uncommodified areas of the economy makes use of the ‘knowledge economy’ as a case study. Other chapters look at the political economy of energy as a driver of accumulation in contradiction with both capital and labour, and at how the political economy of policy processes regulating energy highlights the fragmentary nature of the Indian state. Finally, a chapter on the processes and agencies involved in the export of wealth argues that this plays a crucial role in concealing the exploitation of labour in India. Bringing together scholars who have engaged with classical political economy to advance the understanding of contemporary capitalism in South Asia, and distinctive in its use of an interdisciplinary political economy approach, the book will be of interest to students and scholars of South Asian Politics, Political Economy and Development Studies.

Business Networks in East Asian Capitalisms

Enduring Trends, Emerging Patterns

Author: Jane Nolan,Chris Rowley,Malcolm Warner

Publisher: Chandos Publishing

ISBN: 0081006551

Category: Business & Economics

Page: 382

View: 616

Business Networks in East Asian Capitalisms: Enduring Trends, Emerging Patterns builds on the foundational studies conducted in the 1990s by gathering contemporary empirical and theoretical chapters which explore these themes in a comparative perspective. The book includes contributions from authors working on the relationship between personal and business networks in countries including China, Singapore, Malaysia, Taiwan, Japan, South Korea, Vietnam, Laos, Cambodia, and Thailand. Authors emphasize enduring trends in social and business networks and/or track new emerging patterns, both within East Asian nations or between East Asia and other regions such as Europe, Africa, and the Americas. Provides contemporary, up-to-date empirical material and theoretical interpretation, charting the influence of more recent globalizing trends and institutional change in the region Includes studies of networks within PRC, between PRC and other regions, and in Chinese communities Offers studies centered on Korean, Japanese, and South East Asian Networks Includes a geographical scope that will be broader than other books, aiming to include studies of newly developing economies in South East Asia that share a common cultural heritage (e.g Vietnam)

Financial Crisis and Institutional Change in East Asia

Author: Jikon Lai

Publisher: Palgrave Macmillan

ISBN: 0230360637

Category: Business & Economics

Page: 240

View: 2083

In the aftermath of the Asian financial crisis of 1997, many expected the affected countries to reform and restructure their financial systems, and become more market-driven. As such, there was an expectation that Asian economies would retrench state influence in the market and converge onto a liberal market model. In this timely text, Jikon Lai investigates the evolution of the financial systems of Korea, Malaysia and Thailand since 1997. While discussing how state-business relations have changed in recent years, and how changes to the financial sector have affected the potential for economic development and growth, the author frames his discourse with models of economic systems that are considered appropriate in the wider world, particularly in the light of the recent global financial crisis.

Evolving Diversity and Interdependence of Capitalisms

EU–Asia Comparative Analysis

Author: Robert Boyer,Hiroyasu Uemura,Toshio Yamada,Song Lei

Publisher: Springer

ISBN: 9784431550006

Category: Business & Economics

Page: 300

View: 1444

​This book is the result of Asian–European collaborative research on the diversity of capitalisms and regional economic interdependence in Europe and Asia. In particular, the recent transformations of both regions are analyzed: the growing Chinese economy; institutional changes and de-industrialization in Japan; increasing international production linkages among China, Japan, Korea, and ASEAN; the enlargement of the European Union; the Euro crisis; and the diverging competitiveness between Southern Europe and Northern Europe. Under these circumstances, we witness the great transformation of capitalisms in both regions—Asia and Europe—from the point of view of the régulation theory, which focuses on changes in institutional coordinating mechanisms and the growth regime. This study integrates three levels of political–economic analysis: 1) The comparative institutional analysis of the varieties of capitalism in both Europe and Asia; 2) The macroeconomic analysis of industrial structural change and economic dynamics of the national economies in Europe and Asia; 3) The encompassing analysis of international production linkages and international financial instability which will determine the long-term patterns of regional integration in Europe and Asia. The regional integration process shows very different patterns, influenced by diverse economic, political, and historical factors in Europe and Asia, but Asian integration can learn much from the on-going European experience.

Comparative Welfare Capitalism in East Asia

Productivist Models of Social Policy

Author: Mason M. S. Kim

Publisher: Springer

ISBN: 1137471859

Category: Political Science

Page: 172

View: 7915

The author aims to develop conceptual refining and theoretical reframing of the productivist welfare capitalism thesis in order to address a set of questions concerning whether and how productivist welfarism has experienced both continuity and change in East Asia.

Capitalist Diversity on Europe's Periphery

Author: Dorothee Bohle,Béla Greskovits

Publisher: Cornell University Press

ISBN: 0801465222

Category: History

Page: 304

View: 3347

With the collapse of the Council for Mutual Economic Assistance in 1991, the Eastern European nations of the former socialist bloc had to figure out their newly capitalist future. Capitalism, they found, was not a single set of political-economic relations. Rather, they each had to decide what sort of capitalist nation to become. In Capitalist Diversity on Europe's Periphery, Dorothee Bohle and Béla Geskovits trace the form that capitalism took in each country, the assets and liabilities left behind by socialism, the transformational strategies embraced by political and technocratic elites, and the influence of transnational actors and institutions. They also evaluate the impact of three regional shocks: the recession of the early 1990s, the rolling global financial crisis that started in July 1997, and the political shocks that attended EU enlargement in 2004. Bohle and Greskovits show that the postsocialist states have established three basic variants of capitalist political economy: neoliberal, embedded neoliberal, and neocorporatist. The Baltic states followed a neoliberal prescription: low controls on capital, open markets, reduced provisions for social welfare. The larger states of central and eastern Europe (Poland, Hungary, and the Czech and Slovak republics) have used foreign investment to stimulate export industries but retained social welfare regimes and substantial government power to enforce industrial policy. Slovenia has proved to be an outlier, successfully mixing competitive industries and neocorporatist social inclusion. Bohle and Greskovits also describe the political contention over such arrangements in Romania, Bulgaria, and Croatia. A highly original and theoretically sophisticated typology of capitalism in postsocialist Europe, this book is unique in the breadth and depth of its conceptually coherent and empirically rich comparative analysis.

The Political Economy of Korea

Transition, Transformation and Turnaround

Author: J. Uttam

Publisher: Springer

ISBN: 1137451246

Category: Political Science

Page: 269

View: 6253

Korea's twin transitions – agrarian to industrial and industrial to post-industrial – transformed the country's political economy. Moving away from the traditional focus on aspects such as market, culture, and colonialism, the author argues that Korea's 'second state' was revitalized through the 'people's movement' and 'citizens movement'.

Capitalist Development in India's Informal Economy

Author: Elisabetta Basile

Publisher: Routledge

ISBN: 1135039585

Category: Business & Economics

Page: 248

View: 7970

This book explores the economy and society of Provincial India in the post-Green Revolution period. It argues that the low 'quality' of capital development in India's villages and small towns is the joint outcome of the informal economic organisation, that is strongly biased in favour of capital, and of the complex stratification of the workforce along class and caste lines. Focusing on the processes of growth induced by the introduction of the high-yield varieties in agriculture, the book demonstrates that a low-road pattern of capitalist development has been emerging in provincial India: firms compete over price and not over efficiency, with a constant pressure to reduce costs, in particular labour costs. The book shows that low-skilled employment prevails and low wages and poor working conditions are widespread. Based on original empirical research, the book makes a valuable contribution to the debate on varieties of capitalism, in particular of the Global South. It is of interest to academics working in the fields of Development Studies, Political Economy and South Asian Studies.

East Asian Capitalism

Diversity, Continuity, and Change

Author: Andrew Walter,Xiaoke Zhang

Publisher: Oxford University Press

ISBN: 0199643091

Category: Business & Economics

Page: 331

View: 7745

This volume explores variations, continuities, and changes in the institutional foundations of East Asian capitalism since the 1980s, as reflected in business systems, financial structures, and labour markets. These three institutional dimensions have constituted the main underpinnings of post-war capitalist development in East Asia. While the volume encompasses a range of different cases, specific issues and diverse methodologies, they are all structured aroundthe two dominant themes-the continuities and changes in the institutional underpinnings of capitalist development and the main driving forces behind them. These two themes run through the various parts of the volume and facilitate an integrated analysis of how changing institutional practices inbusiness, financial, and labour systems interact and affect the evolution of capitalist political economies in the region.

Reinventing State Capitalism

Author: Aldo Musacchio,Sérgio G. Lazzarini

Publisher: Harvard University Press

ISBN: 0674729684

Category: Business & Economics

Page: 347

View: 7636

Focusing on a quantitative assessment of Brazil's economic performance 1976-2009, Aldo Musacchio and Sergio Lazzarini analyze the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms.

Transition Economies

Political Economy in Russia, Eastern Europe, and Central Asia

Author: Martin Myant,Jan Drahokoupil

Publisher: John Wiley and Sons

ISBN: 1118138082

Category: Business & Economics

Page: 391

View: 1167

Transition Economies provides students with an up-to-date and highly comprehensive analysis of the economic transformation in former communist countries of Eastern and Central Europe and countries of the former Soviet Union. With coverage extending from the end of central planning to the capitalist varieties of the present, this text provides a comparative analysis of economic transformation and political-economic diversity that has emerged as a direct result. It covers differences between countries in terms of economic performance and integration into the world economy. Transition Economies seeks to explain and deepen understanding of these differences, chart the emerging forms of capitalism there, and provide country responses to the world financial crisis of 2008-2009.

Asia after the Developmental State

Disembedding Autonomy

Author: Toby Carroll,Darryl S. L. Jarvis

Publisher: Cambridge University Press

ISBN: 1107137160

Category: Business & Economics

Page: 344

View: 7656

Disembedding autonomy : Asia after the developmental state / Toby Carroll and Darryl S.L. Jarvis -- The origins of East Asia's developmental states and the pressures for change / Richard Stubbs -- Globalization and development : the evolving idea of the developmental state / Shigeko Hayashi -- Late capitalism and the shift from the development state to the variegated market state / Toby Carroll -- Capitalist development in the 21st century : states and global competitiveness / Paul Cammack -- From Japan's Prussian path to China's Singapore model : learning authoritarian developmentalism / Mark Thompson -- What does China's rise mean for the developmental state paradigm? / Mark Beeson -- The state and development in Malaysia : race, class and markets / Darryl S.L. Jarvis -- Survival of the weakest? : the politics of independent regulatory agencies in Indonesia / Jamie Davidson -- The Pandora's box of neoliberalism : housing reforms in China and South Korea / Siu-yau Lee -- Health care and the state in China / M. Ramesh and Azad Bali -- Wither the developmental state? : adaptive state entrepreneurship and social policy expansion in China / Ka Ho Mok -- Public-private partnerships in the water sector in Southeast Asia : trends, issues and lessons / Schuyler House and Wu Xun -- Higher education and the developmental state : the view from East and Southeast Asia / Anthony Welch -- State, capital, and the politics of stratification : a comparative study of welfare regimes in marketizing Asia / Jonathan London -- Modifying recipes : insights on Japanese electricity sector reform and lessons for China / Scott Victor Valentine

The Oxford Handbook of French Politics

Author: Emiliano Grossman,Amy G. Mazur

Publisher: Oxford University Press

ISBN: 0199669694


Page: 736

View: 1384

The Oxford Handbook of French Politics provides a comprehensive and comparative overview of the French political system through the lens of political science. The Handbook is organized into three parts: the first part identifies foundational concepts for the French case, including chapters on republicanism and social welfare; the second part focuses on thematic large-scale processes, such identity, governance, and globalization; while the third part examines a wide range of issues relating to substantive politics and policy, among which are chapters on political representation, political culture, social movements, economic policy, gender policy, and defense and security policy. The volume brings together established and emerging scholars and seeks to examine the French political system from a comparative perspective. The contributors provide a state-of-the-art review both of the comparative scholarly literature and the study of the French case, making The Oxford Handbook of French Politics an invaluable resource for anyone interested in the foundations of contemporary political life in France.