East Asian Capitalism

Edited by Andrew Walter and Xiaoke Zhang

Published in print July 2012 | ISBN: 9780199643097
Published online September 2012 | e-ISBN: 9780191741944 | DOI:
East Asian Capitalism

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This book brings together conceptual and empirical analyses of the evolving patterns of East Asian capitalism against the backdrop of global market integration and periodic economic crises since the 1980s. More specifically, it seeks to provide an interdisciplinary account of variations, continuities, or changes in institutional structures that govern financial systems, industrial relations, and product markets and shape the evolution of national political economies. The geographical focus of the volume is China, Japan, South Korea, Indonesia, the Philippines, Malaysia, Taiwan, and Thailand. In line with this analytical focus, the volume has three different yet interrelated objectives. First, building on extant comparative institutional analyses, it develops a typology of East Asian capitalism that can identify key institutional domains to be included in cross-national comparisons and establish the guiding principles for categorizing political economies across the region. Second, it provides an analytical framework to elucidate the nature and mode of institutional changes in East Asian countries over the past two decades. Finally, the volume advances theoretical propositions concerning the potential causes of these institutional changes. While particular chapters emphasize different causal variables, collectively they constitute a coherent effort to theorize the changing varieties of East Asian capitalism.

Keywords: capitalism; global markets; financial systems; China; Japan; South Korea; Indonesia; Philippines; Malaysia; Taiwan

Book.  352 pages.  Illustrated.

Subjects: Political Economy

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