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The Politics Of Uneven Development

Author: Richard F. Doner
Publisher: Cambridge University Press
ISBN: 0521516129
Size: 44.75 MB
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Richard Doner compares Thai economic development with competing nations, revealing how specific political factors shape institutional capacity in each.

Perspectives On The Role Of The State In Economic Development Taking Stock Of The Developmental State After 35 Years

Author: Kyle, Jordan
Publisher: Intl Food Policy Res Inst
Size: 75.26 MB
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This review evaluates the role of the state in development, offering a new framework for understanding what capabilities states need to overcome different types of market failures. This framework is employed to understand the successes and failures of state-led development in Malaysia. The review addresses three key questions. First, what do we know about developmental states and why they emerged? Second, what have developmental states achieved? In answering this question, I look not only at growth but also at structural transformation, economic “upgrading,” equity, and human capability enhancement. In contrast to the idea of a single “East Asian model” of development, I find five distinct development trajectories. Third, how did developmental states utilize state structures to pursue development? To answer this final question, I examine in depth the history of state-led development in Malaysia—including agricultural, industrial, and social policies. This case study sheds light on what specific institutional and political capacities helped Malaysia to improve productivity in agriculture, expand the manufacturing sector, and reduce inequality. It also explores why Malaysia has been less successful in developing linkages with the export-based manufacturing sector.

Deals And Development

Author: Lant Pritchett
Publisher: Oxford University Press
ISBN: 0198801645
Size: 56.83 MB
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When are developing countries able to initiate periods of rapid growth and why have so few of these countries been able to sustain growth over decades? Deals and Development: The Political Dynamics of Growth Episodes seeks to answer these questions and many more through a novel conceptual framework built from a political economy of business-government relations. Economic growth for most developing countries is not a linear process. Growth instead proceeds in booms and busts, yet most frameworks for thinking about economic growth are built on the faulty assumption that a country's economic performance is largely stable. Deals and Development explains how growth episodes emerge and when growth, once ignited, is maintained for a sustained period. It applies its new framework to examine the growth of countries across a range of institutional and political contexts in Africa and Asia, using the examples of Bangladesh, Cambodia, India, Malaysia, Thailand, Ghana, Liberia, Malawi, Rwanda and Uganda. Through these country analyses it demonstrates the explanatory power of its framework and the importance of feedback cycles in which economic trends interact with political behaviour to either sustain or terminate a growth episode. Offering a lens through which to analyse complex scenarios and unwieldy amounts of information, this book provides actionable levers of intervention to bring around reform and improve a country's chance at achieving transformative economic growth.

Two Crises Different Outcomes

Author: T. J. Pempel
Publisher: Cornell University Press
ISBN: 0801455014
Size: 65.76 MB
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Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time, Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since. The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success. Contributors: Muhamad Chatib Basri, Minister of Finance of the Republic of Indonesia and Professor of Economics at the University of Indonesia; Yun-han Chu, Institute of Political Science, Academia Sinica; Richard Doner, Emory University; Barry Naughton, University of California, San Diego; Yasunobu Okabe, Japan International Cooperation Agency Research Institute; T. J. Pempel, University of California, Berkeley; Tom Pepinsky, Cornell University; Keiichi Tsunekawa, National Graduate Institute for Policy Studies, Tokyo

The Oxford Handbook Of Asian Business Systems

Author: Michael A. Witt
Publisher: OUP Oxford
ISBN: 0191626554
Size: 42.31 MB
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Much of the existing literature within the "varieties of capitalism" (VOC) and "comparative business systems" fields of research is heavily focused on Europe, Japan, and the Anglo-Saxon nations. As a result, the field has yet to produce a detailed empirical picture of the institutional structures of most Asian nations and to explore to what extent existing theory applies to the Asian context. The Oxford Handbook of Asian Business Systems aims to address this imbalance by exploring the shape and consequences of institutional variations across the political economies of different societies within Asia. Drawing on the deep knowledge of 31 leading experts, this book presents an empirical, comparative institutional analysis of 13 major Asian business systems between India and Japan. To aid comparison, each country chapter follows the same consistent outline. Complementing the country chapters are eleven contributions examining major themes across the region in comparative perspective and linking the empirical picture to existing theory on these themes. A further three chapters provide perspectives on the influence of history and institutional change. The concluding chapters spell out the implications of all these chapters for scholars in the field and for business practitioners in Asia. The Handbook is a major reference work for scholars researching the causes of success and failure in international business in Asia.

Explaining Institutional Innovation

Author: Richard F. Doner
ISBN: 9780979077272
Size: 74.75 MB
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Where do "good" institutions (those that facilitate efficient and equitable outcomes) come from and why do they evolve the way they do? Explaining Institutional Innovation argues that institutional innovation requires "tough times" during which leaders see themselves as highly vulnerable to internal pressures and external threats yet lack the means to address them. Analyzing business associations and states in Latin America, private sector organizations in China, the Office of the Historian of Havana, the Association of Caribbean States, Caribbean universities, and sugar industries in the Philippines and Brazil, contributors affirm the vulnerability approach by demonstrating how various types of crises precede and stimulate institutional change.

The Political Economy Of Business Ethics In East Asia

Author: Ingyu Oh
Publisher: Chandos Publishing
ISBN: 0081006950
Size: 55.33 MB
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The Political Economy of Business Ethics in East Asia: A Historical and Comparative Perspective deals with modes of ethical persuasion in both public and private sectors of the national economy in East Asia, from the periods of the fourteenth century, to the modern era. Authors in this volume ask how, and why, governments in pre-modern Joseon Korea, modern Korea, and modern Japan used moral persuasion of different kinds in designing national economic institutions. Case studies demonstrate that the concept of modes of exchange first developed by John Lie (1992) provides a more convincing explanation on the evolution of pre-modern and modern economic institutions compared with Marx’s modes of production as historically-specific social relations, or Smith’s free market as a terminal stage of human economic development. The pre-modern and modern cases presented in this volume reveal that different modes of exchange have coexisted throughout human history. Furthermore, business ethics or corporate social responsibility is not a purely European economic ideology because manorial, market, entrepreneurial, and mercantilist moral persuasions had widely been used by state rulers and policymakers in East Asia for their programs of advancing dissimilar modes of exchange. In a similar vein, the domination of the market and entrepreneurial modes in the twenty-first century world is also complemented by other competing modes of change, such as state welfarism, public sector economies, and protectionism. Compares Chinese, Japanese, and Korean business ethics from a comparative and historical context Explores recent theoretical approaches to capitalist development in modern history in non-Western regions Discusses the theoretical usefulness of new institutionalism, modes of exchange, and neoclassical discussions of business ethics Evaluates historical texts in their own languages in its attempt to compare Chinese, Japanese, and Korean business ethics in the pre-modern and modern times

Thailand Indonesia And Burma In Comparative Perspective

Author: Priyambudi Sulistiyanto
Publisher: Ashgate Pub Limited
ISBN: 9780754619321
Size: 22.71 MB
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This comparative examination of the political economy of contemporary Thailand, Indonesia and Burma presents case studies of these countries during the periods of economic boom and examines the causes and political consequences of economic crisis. The book is suitable for students, academics and researchers interested in Southeast Asian politics, and those studying comparative politics and international political economy.

An Economic History Of Cambodia In The Twentieth Century

Author: Margaret Slocomb
Publisher: NUS Press
ISBN: 9971694999
Size: 53.72 MB
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The course of economic change in twentieth century Cambodia was marked by a series of deliberate ""conscious human efforts"" that were typically extreme and ideologically driven. While colonization, protracted war and violent revolution are commonly blamed for Cambodia's failure to modernize its economy in the twentieth century, Margaret Slocomb's Economic History of Cambodia in the Twentieth Century questions whether these circumstances changed the underlying structures and relations of production. She also asks whether economic factors in some way instigated war and revolution. In exploring these issues, the book tracks the erratic path taken by Cambodia's political elite and earlier colonial rulers to develop a national economy. The book closes around 2005, by which time Cambodia had be reintegrated into both the regional and into the global economy as a fully-fledged member of the World Trade Organization. To document Cambodia's path towards a modern economy, the author draws on resources from the State Archives of Cambodia not previously referenced in scholarly texts. The book provides information that is academically important but is also relevant to investors, aid workers and development specialists seeking to understand the shift from a traditional to a modern market economy.

East Asian Development

Author: Dwight H. Perkins
Publisher: Harvard University Press
ISBN: 0674726138
Size: 52.78 MB
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In the early 1960s fewer than five percent of Japanese owned automobiles, China's per capita income was among the lowest in Asia, and living standards in rural South Korea put it among the world's poorest countries. Today, these are three of the most powerful economies on earth. Dwight Perkins draws on extensive experience in the region to explain how Asia sustained such rapid economic growth in the second half of the twentieth century. East Asian Development covers Japan, South Korea, Hong Kong, Singapore, and Taiwan, as well as Indonesia, Vietnam, Thailand, Malaysia, and China--a behemoth larger than the other economies combined. While the overall picture of Asian growth is positive, no single economic policy has been effective regionwide. Perkins uncovers why some initially egalitarian societies have ended up in very different places, with Japan, for example, maintaining a modest gap between rich and poor while China has become one of Asia's most unequal economies. With Korean and Japanese growth sluggish and China losing steam, Perkins asks whether this is a regional phenomenon or typical of all economies at this stage of development. His inquiry reminds us that the uncharted waters of China's vast economy make predictions speculative at best.