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Developmental Mindset
The Asian financial crisis of 1997–1998 was supposed to be the death knell for the developmental state. The International Monetary Fund supplied emergency funds for shattered economies but demanded that states liberalize financial markets and withdraw from direct involvement in the economy. Financial liberalization was meant to spell the end of strategic industry policy and the state-directed "policy lending" it involved. Yet, largely unremarked by analysts, South Korea has since seen a striking revival of financial activism. Policy lending by state-owned development banks has returned the state to the core of the financial system. Korean development banks now account for one quarter of al...
From Family to Market
Discusses the institutional framework and operation of four co-existing labour allocation patterns: the traditional family-based system, authoritarian state allocation, community-based labour markets, and the emerging national labour market.
Development Without Freedom
Thanks to the inroads of IMFism and the "war on terror," America has lost much of the soft power it enjoyed in Asia during the early 1990s. The winners, by default, are some of the world's most undemocratic development models, such as Sino-globalism. "Asian values" took a hard blow from the Asian Crash, but have returned in this even more virulent form. The West is left sitting on the sidelines of a distinctly Asian contest of development with or without freedom. Development Without Freedom explores this crucial trial-by-development, which will define the politics of globalization for decades to come.
Locked in Place
Why were some countries able to build "developmental states" in the decades after World War II while others were not? Through a richly detailed examination of India's experience, Locked in Place argues that the critical factor was the reaction of domestic capitalists to the state-building project. During the 1950s and 1960s, India launched an extremely ambitious and highly regarded program of state-led development. But it soon became clear that the Indian state lacked the institutional capacity to carry out rapid industrialization. Drawing on newly available archival sources, Vivek Chibber mounts a forceful challenge to conventional arguments by showing that the insufficient state capacity s...
The Political Economy of East Asia
For students of international political economy, it is hard to ignore the growth, dynamism, and global impact of East Asia. Japan and China are two of the largest economies in the world, in a region now accounting for almost 30 percent more trade than the United States, Canada, and Mexico combined. What explains this increasing wealth and burgeoning power? In his new text, Ming Wan illustrates the diverse ways that the domestic politics and policies of countries within East Asia affect the region’s production, trade, exchange rates, and development, and are in turn affected by global market forces and international institutions. Unlike most other texts on East Asian political economy that ...
The Korean War in World History
" The Korean War in World History features the accomplishments of noted scholars over the last decade and lays the groundwork for the next generation of scholarship. These essays present the latest thinking on the Korean War, focusing on the relationship of one country to the war. William Stueck’s introduction and conclusion link each essay to the rich historiography of the event and suggest the war’s place within the history of the twentieth century. The Korean War had two very different faces. On one level the conflict was local, growing out of the internal conditions of Korea and fought almost entirely within the confines of a small Asian country located far from Europe. The fighting ...
The Political Economy of Developmental States in East Asia
This book explores the variations in the transformation of the Asian developmental state in South Korea, Singapore, and Taiwan. Based on an original theory, the author argues that these variations are influenced by two factors: industrial structure and democratic transition, both of which are shaped by the strategic calculations of the ruling elites to maintain power. The theory concerns two concurrent political processes during the state’s development process, namely the emergence of economic interest groups with varying levels of policy constraints on the state; and the process of democratic transition driven by the rise of the middle class. The book will appeal to students and researchers in the fields of Asian politics, development studies, political economy and comparative politics.
The Ashgate Research Companion to the Korean War
This essential companion provides a comprehensive study of the literature on the causes, course, and consequences of the Korean War, 1950-1953. Aimed primarily at readers with a special interest in military history and contemporary conflict studies, the authors summarize and analyze the key research issues in what for years was known as the 'Forgotten War.' The book comprises three main thematic parts, each with chapters ranging across a variety of crucial topics covering the background, conduct, clashes, and outcome of the Korean War. The first part sets the historical stage, with chapters focusing on the main participants. The second part provides details on the tactics, equipment, and logistics of the belligerents. Part III covers the course of the war, with each chapter addressing a key stage of the fighting in chronological order. The enormous increase in writings on the Korean War during the last thirty years, following the release of key primary source documents, has revived and energized the interest of scholars. This essential reference work not only provides an overview of recent research, but also assesses what impact this has had on understanding the war.
Institutions and Institutional Change in China
Wang proposes and applies an innovative analytical framework to study the institutional continuity and changes in China. More specifically, this study examines and explains the peculiar premodernity and the profound modernization process of China. On the track of a state-led modernization, the dragon of China is found to be institutionally entering the nets of the market economy. An inquiry of China's labour allocation patterns and their changes serves as the indicator for the institutional analysis.
Political Economy of Steel Development in Nigeria
This is a critical comparative analysis of the origin, nature, problems and prospects of steel development and industrialisation in Nigeria and South Korea. Focusing on the steel sector, this ground-breaking book examines the interplay among the state, local capital, transnational corporations, the World Bank and IMF. The book examines how all these factors have come to shape the content and direction of steel development in these two countries.
