East Asian Transformation: On the Political Economy of Dynamism, Governance and Crisis

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Taylor & Francis, Feb 25, 2011 - Business & Economics - 184 pages

From the re-emergence of Japan as an industrial power in the 1950s through to the contemporary rise of China as a potential economic and political behemoth, the story of East Asian development has been central to any serious analysis of the dynamics and trajectory of the global political economy. Integrated into a coherent, critical narrative, this book examines key political-economic and social dynamics that helped forge the ‘miracle’ economies of East Asia and continue to drive them forward in the volatile circumstances of our current epoch. It analyses the relation between the state and markets; the changing nature of economic governance and its relation to inequality; and the rise of China and its international consequences. Historically informed and comparative in nature, the book contributes to the analysis of the transformations of Japan, Hong Kong, South Korea, Taiwan, Singapore, Malaysia and China, and is the first to cover the ground in one volume. Written by a leading analyst of East Asian development, the book engages with the relevant issues and debates, in an open, non-technical language, making it useful as an advanced textbook not only for East Asian studies, but more generally in international political economy and development studies.

 

Contents

1 Making sense of East Asian transformation
1
2 Danger and opportunity in the transformation process
12
3 States and transformation
39
4 Economic crises and governance failures
60
5 Governing growth and inequality
86
6 Limits to industrialization
97
7 China and global transformation
116
8 Towards a globalAsian era?
126
Notes
137
References
146
Index
161
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About the author (2011)

Jeffrey Henderson is Leverhulme Research Professor of International Development and Co-Director of the Centre for East Asian Studies in the University of Bristol, UK. His books include The Globalisation of High Technology Production (published by Routledge), States and Development in the Asian Pacific Rim and Industrial Transformation in Eastern Europe in the Light of the East Asian Experience.