East Asian Capitalism: Diversity, Continuity, and Change

Paperback | August 24, 2014

EditorAndrew Walter, Xiaoke Zhang

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The increasing economic and political importance of East Asia in the global political economy requires a deeper analysis of the nature of the capitalist systems in this region than has been provided by the existing literature on comparative capitalisms. This volume brings together conceptualand empirical analyses of the evolving patterns of East Asian capitalism against the backdrop of regional and global market integration and periodic economic crises since the 1980s. Focusing on China, Japan, South Korea, Indonesia, the Philippines, Malaysia, Taiwan, and Thailand, it provides aninterdisciplinary account of variations, continuities, and changes in the institutional structures that govern financial systems, industrial relations, and product markets, and that shape the evolution of national political economies. While the volume encompasses a range of different cases, specific issues, and diverse methodologies, all the chapters address two dominant themes - the continuities and changes in the institutional underpinnings of capitalist development and the main driving forces behind them. The book thusprovides an integrated analysis of how changing institutional practices in business, financial, and labour systems interact and affect the evolution of capitalist political economies in the region.

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The increasing economic and political importance of East Asia in the global political economy requires a deeper analysis of the nature of the capitalist systems in this region than has been provided by the existing literature on comparative capitalisms. This volume brings together conceptualand empirical analyses of the evolving patter...

Andrew Walter is Professor of International Relations in the School of Social and Political Sciences at the University of Melbourne. Until September 2012 he was Reader in International Political Economy at the London School of Economics and Political Science. From 2001-2012 Andrew was an Academic Director of the TRIUM Global Executive...

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Format:PaperbackDimensions:352 pages, 9.21 × 6.14 × 0.07 inPublished:August 24, 2014Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198717555

ISBN - 13:9780198717553

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Table of Contents

PART ONE: INTRODUCTION1. Andrew Walter and Xiaoke Zhang: Debating East Asian Capitalism: Issues and ThemesPART TWO: BUSINESS-GOVERNMENT RELATIONS AND DEVELOPMENT STRATEGIES2. Shaun Breslin: Government-industry Relations in China: A Review of the Art of the State3. Karl Fields: Not of a Piece: Developmental States, Industrial Policy and Evolving Patterns of Capitalism in Japan, Korea and Taiwan4. Edmund Terence Gomez: State-business Linkages in Southeast Asia: The Developmental State, Neo-liberalism and Enterprises DevelopmentPART THREE: LABOUR MARKETS AND INDUSTRIAL RELATIONS5. Frederic Deyo: Reform and Institutional Change in East Asian Labour Markets6. Ching Kwan Lee: Durable Subordination: Chinese Labour Regime through a South Korean Lens7. Mari Sako and Masahiro Kotosaka: Continuity and Change in the Japanese Economy: Evidence of Institutional Interactions between Financial and Labour MarketsPART FOUR: FINANCIAL MARKET STRUCTURES8. Richard W. Carney: Political Hierarchy and Finance: The Politics of China's Financial Development9. Thomas Pepinsky: The Political Economy of Financial Development in Southeast Asia10. Wataru Takahashi: The Japanese Financial Sector's Transition from High Growth to the 'Lost Decades'11. Xiaoke Zhang: Dominant Coalitions and Capital Market Changes in Northeast AsiaPART FIVE: CONCLUSION12. Andrew Walter and Xiaoke Zhang: Understanding Variations and Changes in East Asian Capitalism