Globalization and Economic Nationalism in Asia

by D'Costa, Anthony

• ISBN13: 9780199646210
• ISBN10: 019964621X
• Format: Hardcover
• Copyright: 2012-09-07
• Publisher: Oxford University Press

Summary

This collection documents the different ways in which Asian governments have been pursuing economic nationalism even as they have been integrating with the world economy. The book challenges the popular view that with globalization, either the role of the state becomes redundant or that states are unable to purposefully intervene in the economy. The book argues that since most states pursue national interests, which largely include economic development, they work with nationalbusiness and often intervene on their behalf to create internationally competitive industries. States are thus viewed as integral to capitalist development, and economic nationalism is neither theoretically nor empirically redundant. Contributors from Asia and elsewhere present wide-ranging arguments and evidence to counter the view that with globalization economic nationalism is passé. Instead, they demonstrate that states in Asia are active in shaping trade, investment, technological, industrial, and financial outcomes. Using interdisciplinary social science approaches that are also historically sensitive, this book critically assesses why and how states in select Asian countries continue to intervene in theeconomy in both familiar and novel ways. Countries covered include India, China, South Korea, Singapore, Japan, and the East Asian region as a whole. Together they illustrate why these states practice economic nationalism even as they enthusiastically embrace the generalized process of globalization throughdomestic reforms and liberalization.

Table of Contents

Foreword

Capitalism and Economic Nationalism: Asian State Activism in the World Economy

Economic Nationalism and Regionalism in Contemporary East Asia

Big Business and Economic Nationalism in India

From Defensive to Aggressive Strategies: The Evolution of Economic Nationalism in China

Globalization, Finance, and Economic Nationalism: The Changing Role of the State in Japan

Open Trade, Closed Industry: The Japanese Aerospace Industry in the Evolution of Economic Nationalism Implications for Globalization

South Korea's Globalization in the Late Twentieth Century: An End to Economic Nationalism?

Disciplining Globalization for Local Purposes? The Peculiarity of Contending Singaporean Economic Nationalism

A New "Brand" of Chinese Economic Nationalism: From China Made to China Managed

Chinese Economic Nationalism, Japanese Enterprises, and Localization: The Growing Importance of Social Engagement

Looking Ahead at Economic Nationalism: Concluding Remarks

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