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Economic Liberalism And The Developmental State
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Book Synopsis Economic Liberalism and the Developmental State by : Bryan Cheang
Download or read book Economic Liberalism and the Developmental State written by Bryan Cheang and published by Springer Nature. This book was released on 2022-11-10 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a fresh perspective on the debate over the role of the state in East Asia’s development history. Comparing the post-war development policies of Singapore and Hong Kong, it argues that their strong economic performances preceded and persisted despite, not because of, developmental state policies. While both nations are not pure free markets, the Hong Kong economy comes closer to that ideal and exhibited clear advantages over state-driven Singapore, in terms of greater levels of indigenous entrepreneurship, productivity and innovation. The book highlights the complex ways in which states penetrate markets, which are often neglected in liberal accounts of Hong Kong and Singapore as ‘free-market success stories’. At the same time, it also stands as a cautionary tale on the use of non-comprehensive development planning in the twenty-first century, where an unprecedented degree of complexity complicates economic policy and industrial upgrading. The book renews the case for economic liberalism in development policy through a unique Asian cultural lens.
Book Synopsis Economic Liberalism and the Developmental State by : Bryan Cheang
Download or read book Economic Liberalism and the Developmental State written by Bryan Cheang and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Singapore and Hong Kong are often used as examples of successful government economic development policies. Bryan Cheang offers a comparative analysis of both countries to show that the case for a state-led development model has been overstated. Creative and entrepreneurial activities generate long-term economic development, and Cheang shows how government policies have often stood in the way of economic development. This book is highly recommended for those interested in Singapore & Hong Kong, as well as implications on East Asia and the role of the state in development". - Randall Holcombe, DeVoe Moore Professor of Economics, Florida State University, USA. This book provides a fresh perspective on the debate over the role of the state in East Asia's development history. Comparing the post-war development policies of Singapore and Hong Kong, it argues that their strong economic performances preceded and persisted despite, not because of, developmental state policies. While both nations are not pure free markets, the Hong Kong economy comes closer to that ideal and exhibited clear advantages over state-driven Singapore, in terms of greater levels of indigenous entrepreneurship, productivity and innovation. The book highlights the complex ways in which states penetrate markets, which are often neglected in liberal accounts of Hong Kong and Singapore as 'free-market success stories'. At the same time, it also stands as a cautionary tale on the use of non-comprehensive development planning in the twenty-first century, where an unprecedented degree of complexity complicates economic policy and industrial upgrading. The book renews the case for economic liberalism in development policy through a unique Asian cultural lens. Bryan Cheang is Assistant Director of the Center for the Study of Governance and Society, King's College London, UK. His research interests are in the political economy of development and applied economic policy, with a specific focus on the institutional arrangements of the entrepreneurial state and the efficacy of industrial policy interventions.
Author :Institute of Development Studies (Brighton, England) Publisher :Oxford University Press ISBN 13 :9780198288114 Total Pages :390 pages Book Rating :4.2/5 (881 download)
Book Synopsis States Or Markets? by : Institute of Development Studies (Brighton, England)
Download or read book States Or Markets? written by Institute of Development Studies (Brighton, England) and published by Oxford University Press. This book was released on 1991 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the usefulness of neo-liberal theory and its prescriptions for tackling problems in developing countries, ranging through agriculture, industry, education, and health. It considers the impact of neo-liberal theory on the poor and on women, and assesses the neo-liberalrecord on trade, and financial and structural adjustment problems.
Book Synopsis The Korean Developmental State by : Iain Pirie
Download or read book The Korean Developmental State written by Iain Pirie and published by Routledge. This book was released on 2007-09-12 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Korean Developmental State is a comprehensive and up-to-date analysis of processes of state and economic restructuring in South Korea since the 1997 crisis. The book distinguishes itself from previous studies by consistently arguing that structural changes in the global political economy have played a crucial role in reshaping the Korean state’s own economic project. More precisely, Iain Pirie seeks to demonstrate how the Korean state increasingly adopted neo-liberal policies from the 1980s onwards as a rational response to the evolution of global economic structures; an evolution which has been driven by the continuous attempts of major global firms and leading capitalist states to overcome the chronic profitability problems that have dogged the core capitalist area since the late 1960s. The radical restructuring programme the Korean state initiated after the 1997 crisis must be understood as a logical conclusion to these earlier, more incremental, processes of reform it initiated almost two decades earlier. This book seeks to establish the neo-liberal character of the Korean state through a close analysis of key institutional and policy reforms, and serious engagement with more theoretical debates concerning the nature of the neo-liberal state itself. The Korean Developmental State offers a new perspective on the economic experience of Korea as a development model, one that emphasizes global trends and contradictions for Korea’s economic crisis and resulting transformation, and as such will be of significant interest to scholars of Korean studies and the Asian economy.
Book Synopsis The Developmental State by : Meredith Woo-Cumings
Download or read book The Developmental State written by Meredith Woo-Cumings and published by Cornell University Press. This book was released on 2019-06-30 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developmental state, n.: the government, motivated by desire for economic advancement, intervenes in industrial affairs. The notion of the developmental state has come under attack in recent years. Critics charge that Japan's success in putting this notion into practice has not been replicated elsewhere, that the concept threatens the purity of freemarket economics, and that its shortcomings have led to financial turmoil in Asia. In this informative and thought-provoking book, a team of distinguished scholars revisits this notion to assess its continuing utility and establish a common vocabulary for debates on these issues. Drawing on new political and economic theories and emphasizing recent events, the authors examine the East Asian experience to show how the developmental state involves a combination of political, bureaucratic, and moneyed influences that shape economic life in the region. Taking as its point of departure Chalmers Johnson's account of the Japanese developmental state, the book explores the interplay of forces that have determined the structure of opportunity in the region. The authors critically address the argument for centralized political involvement in industrial development (with a new contribution by Johnson), describe the historical impact of colonialism and the Cold War, consider new ideas in economics, and compare the experiences of East Asian countries with those of France, Brazil, Mexico, and India.
Book Synopsis Developmental Liberalism in South Korea by : Chang Kyung-Sup
Download or read book Developmental Liberalism in South Korea written by Chang Kyung-Sup and published by Springer. This book was released on 2019-05-07 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book characterizes South Korea’s pre-neoliberal regime of social governance as developmental liberalism and analyzes the turbulent processes and complex outcomes of its neoliberal degeneration since the mid-1990s. Instead of repeating the politically charged critical view on South Korea’s failure in socially inclusionary and sustainable development, the author closely examines the systemic interfaces of the economic, political, and social constituents of its developmental transformation. South Korea has turned and remained developmentally liberal, rather than liberally liberal (like the United States), in its economic and sociopolitical configuration of social security, labor protection, population, education, and so forth. Initially conceived in the late 1980s, ironically along its democratic restoration, and radically accelerated during the national financial crisis in the late 1990s, South Korea’s neoliberal transition has become incomparably volatile and destructive, due crucially to its various distortive effects on the country’s developmental liberal order.
Download or read book Asian States written by Richard Boyd and published by Routledge. This book was released on 2005-01-26 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: A team of international leading experts provide a much needed re-examination of the theoretical claims and the empirical foundation of developmental state theory. Asian States argues that regardless of the merits of the developmental state as an explanation of economic growth, it falls far short of being an adequate theory of the state in Asia. The contributors critically review claims about agency, state-society and state-market relations that shape developmental projects. It broadens the analysis of state involvement in developmental projects and considers the variety of political and social bases for state projects across East and Southeast Asia in a theoretically sensitive, thematic and empirically rich way.
Book Synopsis The Post-Crisis Developmental State by : Tamás Gerőcs
Download or read book The Post-Crisis Developmental State written by Tamás Gerőcs and published by Springer Nature. This book was released on 2021-05-14 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of this volume is on the role of the developmental state in a situation in which a series of major crises affects the (semi-) periphery of the global economy. The authors go beyond the established debate on developmental states in East Asia by highlighting a much broader understanding of development and a very different global economic context. They also further the existing debate by covering new country cases. At the same time, they deepen our perspective on developmental states by looking at unusual sectors such as green industrial policy, education and farming.
Book Synopsis The Political Economy of Natural Resources and Development by : Paul A. Haslam
Download or read book The Political Economy of Natural Resources and Development written by Paul A. Haslam and published by Routledge. This book was released on 2016-02-05 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises. However, these innovations, which constitute the most dramatic change in development policy in Latin America since the advent of neoliberalism, have so far received little attention from either academic or policy-oriented publications. This book explores the reasons behind these policies, and their effects on states, firms, and development trajectories. This text brings together renowned thematic experts to examine the political-economic causes of resource nationalism, as well as its manifestation in six Latin American countries. The causal variables considered by the contributors to this collection include a range of political-economic determinants of policy including commodity prices; the influence of ideology and national politics; ideas about industrial policy; relations between host governments and investors; and how countries respond to opportunities provided by regional initiatives and the new geography of the global economy. This volume is essential reading in development economics, political economy, and Latin American studies, as well as for those who want to understand what economic development means after neoliberalism.
Book Synopsis Neo-liberalism, Interventionism and the Developmental State by : Benjamin F. Bobo
Download or read book Neo-liberalism, Interventionism and the Developmental State written by Benjamin F. Bobo and published by . This book was released on 2012 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Developmental States by : Stephan Haggard
Download or read book Developmental States written by Stephan Haggard and published by Cambridge University Press. This book was released on 2018-02-08 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of the developmental state emerged to explain the rapid growth of a number of countries in East Asia in the postwar period. Yet the developmental state literature also offered a theoretical approach to growth that was heterodox with respect to prevailing approaches in both economics and political science. Arguing for the distinctive features of developmental states, its proponents emphasized the role of government intervention and industrial policy as well as the significance of strong states and particular social coalitions. This literature blossomed into a wider approach, firmly planted in a much longer heterodox tradition, that explored comparisons with states that were decidedly not developmentalist, thus contributing to our historical understanding of long-run growth. This Element provides a critical but sympathetic overview of this literature and ends with its revival and a look forward at the possibility for developmentalist approaches, both in the advanced and developing world.
Book Synopsis Developmental Politics in Transition by : C. Kyung-Sup
Download or read book Developmental Politics in Transition written by C. Kyung-Sup and published by Springer. This book was released on 2012-08-31 with total page 623 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blending theory and case studies, this volume explores a vitally important and topical aspect of developmentalism, which remains a focal point for scholarly and policy debates around democracy and social development in the global political economy. Includes case studies from China, Vietnam, India, Brazil, Uganda, South Korea, Ireland, Australia.
Book Synopsis Changes by Competition by : Hyeong-ki Kwon
Download or read book Changes by Competition written by Hyeong-ki Kwon and published by Oxford University Press. This book was released on 2021-02-11 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: By tracing the evolution of South Korean state-led capitalism and comparing it with other economies, this book critiques prevalent theories including neoliberalism, the developmental state, and institutionalism, and proposes a theoretical alternative focusing on endogenous changes through elites' competition within and outside the state. Unlike the arguments of neoliberals, this volume asserts that the state can still play an active role in reconstituting the national economy through globalization. The Korean state successfully fosters economic growth by nurturing industrial commons through globalization, rather than by adopting a neoliberal free-market system. This volume exerts that the Korean economy has successfully grown over the past 50 years because it has moved toward a new version of state-led developmentalism. In order to better account for the evolution of state-led developmentalism, this book proposes changes by competition within, as well as outside, the state, in order to bring about changes in developmentalism and the ability to adjust to new contexts. Unlike prevalent accounts of developmental state theory, Changes by Competition argues that the state is neither unitary nor cohesive, but a locus of competition.
Book Synopsis Perspectives on the role of the state in economic development: Taking stock of the “Developmental State” after 35 years by : Kyle, Jordan
Download or read book Perspectives on the role of the state in economic development: Taking stock of the “Developmental State” after 35 years written by Kyle, Jordan and published by Intl Food Policy Res Inst. This book was released on 2017-01-13 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Globalisation, Economic Development, and the Role of the State by : Ha-Joon Chang
Download or read book Globalisation, Economic Development, and the Role of the State written by Ha-Joon Chang and published by . This book was released on 2003 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Developmental State Building by : Yusuke Takagi
Download or read book Developmental State Building written by Yusuke Takagi and published by Springer. This book was released on 2019-01-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building.
Book Synopsis Constructive Liberalism by : Milton Sydney Heath
Download or read book Constructive Liberalism written by Milton Sydney Heath and published by . This book was released on 1954 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Notes and bibliography": pages [399]-442.
