The Role of Government in East Asian Economic Development

The Role of Government in East Asian Economic Development PDF Author: Masahiko Aoki
Publisher: Oxford University Press
ISBN: 0198292139
Category : Business & Economics
Languages : en
Pages : 442

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Book Description
The role of government in East Asian economic development has been a continuous issue. Two competing views have shaped enquiries into the source of the rapid growth high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of marketand government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention.This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premise that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, itrecognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other marketimperfections.In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economies-including Japan, Korea, Hong Kong, Malaysia, and China-and its path-dependant and developmental stage nature.

The Role of Government in East Asian Economic Development

The Role of Government in East Asian Economic Development PDF Author: Masahiko Aoki
Publisher: Oxford University Press
ISBN: 0198292139
Category : Business & Economics
Languages : en
Pages : 442

Get Book Here

Book Description
The role of government in East Asian economic development has been a continuous issue. Two competing views have shaped enquiries into the source of the rapid growth high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of marketand government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention.This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premise that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, itrecognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other marketimperfections.In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economies-including Japan, Korea, Hong Kong, Malaysia, and China-and its path-dependant and developmental stage nature.

The Political Economy of East Asia

The Political Economy of East Asia PDF Author: Ming Wan
Publisher: SAGE
ISBN: 1483305325
Category : Political Science
Languages : en
Pages : 656

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Book Description
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.

Internal Migration in the Countries of Asia

Internal Migration in the Countries of Asia PDF Author: Martin Bell
Publisher: Springer Nature
ISBN: 3030440109
Category : Social Science
Languages : en
Pages : 418

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Book Description
This book explores how population mobility varies among the countries of Asia. While much attention has been given to international migration, movement within countries is numerically much more significant. Coupling innovative methods developed in the global IMAGE project with the contextual knowledge of experts on 15 Asian countries, the book measures and explains how people across Asia differ in the probability of changing residence, the ages at which they move, and the impact of these migrations on the distribution of human settlement within each country. It demonstrates how stage of economic development, coupled with historical events, local contingencies, cultural norms, political frameworks, and the physical environment shape human migration. By using rigorous statistics in a robust comparative framework, this book provides a clear understanding of contemporary migration in Asia for students and academics, and a valuable resource for policy-makers and planners in Asia and beyond.

Latin America Vs East Asia

Latin America Vs East Asia PDF Author: Ching-yuan Lin
Publisher: M.E. Sharpe
ISBN: 9780873325264
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
This study makes a case for the now prevalent contention that the development model of east Asian NICs is less costly, more adaptive to fluctuating world market conditions, and more sustainable than that of the Latin American NICs.

Emerging States and Economies

Emerging States and Economies PDF Author: Takashi Shiraishi
Publisher: Springer
ISBN: 9811326347
Category : Political Science
Languages : en
Pages : 183

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Book Description
This open access book asks why and how some of the developing countries have “emerged” under a set of similar global conditions, what led individual countries to choose the particular paths that led to their “emergence,” and what challenges confront them. If we are to understand the nature of major risks and uncertainties in the world, we must look squarely at the political and economic dynamics of emerging states, such as China, India, Brazil, Russia, and ASEAN countries. Their rapid economic development has changed the distribution of wealth and power in the world. Yet many of them have middle income status. To global governance issues, they tend to adopt approaches that differ from those of advanced industrialized democracies. At home, rapid economic growth and social changes put pressure on their institutions to change. This volume traces the historical trajectories of two major emerging states, China and India, and two city states, Hong Kong and Singapore. It also analyzes cross-country data to find the general patterns of economic development and sociopolitical change in relation to globalization and to the middle income trap.

The Comparative Political Economy of Development

The Comparative Political Economy of Development PDF Author: Barbara Harriss-White
Publisher: Routledge
ISBN: 1135171939
Category : Political Science
Languages : en
Pages : 585

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Book Description
This book illustrates the enduring relevance and vitality of the comparative political economy of development approach promoted among others by a group of social scientists in Oxford in the 1980s and 1990s. Contributors demonstrate the viability of this approach as researchers and academics become more convinced of the inadequacies of orthodox approaches to the understanding of development. Detailed case material obtained from comparative field research in Africa and South Asia informs analyses of exploitation in agriculture; the dynamics of rural poverty; seasonality; the non farm economy; class formation; labour and unfreedom; the gendering of the labour force; small scale production and contract farming; social networks in industrial clusters; stigma and discrimination in the rural and urban economy and its politics. Reasoned policy suggestions are made and an analysis of the comparative political economy of development approach is applied to the situation of Africa and South Asia. Aptly presenting the relation between theory and empirical material in a dynamic and interactive way, the book offers meaningful and powerful explanations of what is happening in the continent of Africa and the sub-continent of South Asia today. It will be of interest to researchers in the fields of development studies, rural sociology, political economy, policy and practice of development and Indian and African studies.

Ersatz Capitalism and Industrial Policy in Southeast Asia

Ersatz Capitalism and Industrial Policy in Southeast Asia PDF Author: Fabian Bocek
Publisher: Taylor & Francis
ISBN: 1000601560
Category : Social Science
Languages : en
Pages : 198

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Book Description
This book applies and develops the concept of “ersatz capitalism” in the analysis of industrial policy blockades to economic development in Malaysia and Indonesia. Drawing on insights from international political economy, development studies, industrial and innovation policy, and new institutionalism to refer to a specific type of capitalism, the book analyzes different paths and institutions of economic development within the entire East Asian region. Comprehensive theoretical insights are complemented by empirical case studies that relate to country and sectoral studies – the automotive and ICT industries – in Malaysia and Indonesia. Applying contemporary research on international political economy to refer to a specific type of capitalism, the author examines how conflicts of interest between factions of state apparatus, associations, and companies contribute to the failure of developmental policies. The unique combination of theory formation and empirical analysis provides a novel approach to international comparative research on capitalism. The book will be of interest to researchers in the fields of international political economy, development studies, new institutionalism, East Asian and Southeast Asian studies, and industrial and innovation policy.

Resilient States from a Comparative Regional Perspective

Resilient States from a Comparative Regional Perspective PDF Author: Fran‡ois Bafoil
Publisher: World Scientific
ISBN: 9814417475
Category : Political Science
Languages : en
Pages : 341

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Book Description
This book provides a comprehensive overview of the transformation which the newest members of ASEAN (Cambodia, Laos, Myanmar and Laos) and the newest members of EU (ten new Members from Baltic, Central and Eastern Balkan regions) have experienced during the last two decades (1990-2010).

Industrial Development in East Asia

Industrial Development in East Asia PDF Author: Kucik Ali Akkemik
Publisher: World Scientific
ISBN: 9812832807
Category : Political Science
Languages : en
Pages : 346

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Book Description
This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies OCo Japan, Korea, Taiwan, and Singapore OCo with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development."

Comparative Politics of Southeast Asia

Comparative Politics of Southeast Asia PDF Author: Aurel Croissant
Publisher: Springer
ISBN: 3319681826
Category : Political Science
Languages : en
Pages : 453

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Book Description
This textbook provides a comprehensive introduction to the political systems of all ASEAN countries and Timor-Leste from a comparative perspective. It investigates the political institutions, actors and processes in eleven states, covering democracies as well as autocratic regimes. Each country study includes an analysis of the current system of governance, the party and electoral system, and an assessment of the state, its legal system and administrative bodies. Students of political science and regional studies will also learn about processes of democratic transition and autocratic persistence, as well as how civil society and the media influence the political culture in each country.