The Political and Economic Transition in East Asia: Strong Market, Weakening State

by Huang,Xiaoming

• ISBN13: 9780700712212
• ISBN10: 0700712216
• Format: Hardcover
• Copyright: 2000-10-27
• Publisher: RoutledgeCurzon

Summary

The book examines the political and economic developments in East Asia since the end of the Cold War in an attempt to identify a broad pattern of transition, particularly in terms of the reshaping of the state's relations with forces and institutions in economy, politics and domestic- international interactions. The chapters are organised into three parts: I: The state in the new economy; II: The state in the new politics; III: The state in the new global environment. The contributors find a general pattern of the state's withdrawal from these three areas. But it is not simply that the market takes over, as some envisaged. Instead, the transition is moving towards a set of governance-producing arrangements in which the role of both the market and the state are appreciated. The book concludes that a more sophisticated approach is needed to the problems of development vs. governance, the state vs. the market, and global dynamics vs. national interests, for a better understanding of the dynamic transition and the consequent new political economy in East Asia.

Table of Contents

List of Tables
List of Figures
List of Abbreviations
List of Contributors
Preface
Introduction
Between the State and the Market: The Problem of Transition in East Asia	p. 3
The New Market Conditions
Market Liberalisation and the Problem of Governance in South Korea	p. 27
Institutional Adaptation Under Pressure: China's Changing Economic Environment	p. 55
The New Political Conditions
China's Aimless State	p. 83
The Japanese State: Surviving Neoliberal Political Economy	p. 112
The New State-Market Nexus
Contested State and Competitive State: Managing the Economy in a Democratic Taiwan	p. 139
Macroeconomic Dilemmas and Alternative State Strategies: The Post-Developmental State of Taiwan	p. 176
The New Global Conditions
Global Dynamics and the Institutional Flaws of East Asian Governance	p. 197
Global Capitalism in Crisis: The East Asian Problem in a Wider Context	p. 220
Conclusion
Beyond the State and the Market: The Primacy of Human Interest	p. 243
South Korea's Financial Market Indicators	p. 257
Trends in Price, Industrial Output and Industrial Sales in South Korea	p. 257
Trends in Unemployment Rates and Year-on-Year Real Wage Changes in South Korea	p. 258
Foreign Exchange Rates and Useable Reserves in South Korea	p. 258
Bibliography	p. 259
Index	p. 270
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