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East Asian Capitalism
Diversity, Continuity, and Change
Edited by Andrew Walter and Xiaoke Zhang
352 pages
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234x156mm
978-0-19-964309-7
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Hardback
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26 July 2012
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- Contributions from top-class experts in the field
- Focused comparative political economy analysis on dynamic region of the global economy
- Develops a new typology of capitalist development
- Covers China, Japan, South Korea, Indonesia, Philippines, Malaysia, Taiwan, and Thailand
- Looks at three main areas: business government relations; labour markets; and financial structures
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 conceptual and 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 an interdisciplinary 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 thus provides 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.Readership:
Academics, researchers, and graduate students in Business, Politics, Political Economy, and Asian Studies.
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Edited by Andrew Walter, Reader in International Political Economy, London School of Economics and Political Science, and Xiaoke Zhang, Professor, Manchester Business School, University of Manchester Andrew Walter is Reader in International Political Economy and Research Associate in the Department of Management at the London School of Economics and Political Science, and Academic Director of the TRIUM Global Executive MBA Programme. He sits on the Council of Chatham House, a leading British think-tank of international affairs, and on the Academic Advisory Panel of The International Centre for Financial Regulation. His research has focused primarily on the political economy of global
financial and monetary relations, with a regional focus on East Asia. His recent books include Governing Finance: East Asia's Adoption of International Standards (Cornell University Press, 2008), Analyzing the Global Political Economy (Princeton University Press, 2009, with Gautam Sen), and China, the United States, and Global Order (Cambridge University Press, 2011, with Rosemary Foot).
Xiaoke Zhang is Professor at the Manchester Business School, the University of Manchester. His research interests are in comparative political economy, with a regional focus on East Asia. His recent publications include The Political Economy of Capital Market Reforms in Southeast Asia (Palgrave Macmillan 2011) and International Financial Governance under Stress (Cambridge University Press, 2003, with Geoffrey R.D. Underhill). Contributors:
Shaun Breslin, Professor of Politics and International Studies and Director of the Centre for the Study of Globalisation and Regionalisation, the University of Warwick.
Richard W. Carney, Assistant Professor, the
Department of International Relations, Australian National University.
Frederic Deyo, Professor of Sociology, the State University of New York, Binghamton.
Karl J. Fields, Professor of Politics and Government and Director of Asian Studies, the University of Puget Sound in Tacoma, Washington, USA.
Edmund Terence Gomez, Professor, the Faculty of Economics and Administration, University of Malaya.
Masahiro Kotosaka, DPhil candidate in Management Studies, Saïd Business School, Oxford University.
Ching Kwan Lee, Professor of Sociology, the University of California, Los Angeles.
Thomas Pepinsky, Assistant Professor, the Department of Government, Cornell University.
Mari Sako, Professor of Management Studies, Saïd
Business School, University of Oxford.
Wataru Takahashi, Director-General, the Institute for Monetary and Economic Studies, the Bank of Japan.
Andrew Walter, Reader in International Political Economy, the London School of Economics and Political Science.
Xiaoke Zhang, Professor, Manchester Business School, the University of Manchester.
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PART ONE INTRODUCTION
1: Andrew Walter and Xiaoke Zhang: Debating East Asian Capitalism: Issues and Themes
PART TWO BUSINESS-GOVERNMENT RELATIONS AND DEVELOPMENT STRATEGIES
2: Shaun Breslin: Government-industry Relations in China: A Review of the Art of the State
3: Karl Fields: Not of a Piece: Developmental States, Industrial Policy and Evolving Patterns of Capitalism in Japan, Korea and Taiwan
4: Edmund Terence Gomez: State-business Linkages in Southeast Asia: The Developmental State, Neo-liberalism and Enterprises Development
PART THREE LABOUR MARKETS AND INDUSTRIAL RELATIONS
5: Frederic Deyo: Reform and Institutional Change in East Asian Labour Markets
6: Ching Kwan Lee: Durable Subordination: Chinese Labour Regime through a South Korean Lens
7: Mari Sako and Masahiro Kotosaka: Continuity and Change in the Japanese Economy: Evidence of Institutional Interactions between Financial and Labour Markets
PART FOUR FINANCIAL MARKET STRUCTURES
8: Richard W. Carney: Political Hierarchy and Finance: The Politics of China's Financial Development
9: Thomas Pepinsky: The Political Economy of Financial Development in Southeast Asia
10: 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 Asia
PART FIVE CONCLUSION
12: Andrew Walter and Xiaoke Zhang: Understanding Variations and Changes in East Asian Capitalism
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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