Chapter

Debating East Asian Capitalism: Issues and Themes

Andrew Walter and Xiaoke Zhang

in East Asian Capitalism

Published in print July 2012 | ISBN: 9780199643097
Published online September 2012 | e-ISBN: 9780191741944 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199643097.003.0001
Debating East Asian Capitalism: Issues and Themes

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The introductory chapter sets the general backdrop against which the central analytical objectives of the volume are defined and its major contributions to theoretical debates specified. It interrogates leading theories of comparative capitalism in general and the VoC approach in particular to firmly situate the themes of the volume within recent conceptual and empirical discussions about capitalist development and establish an analytical framework for the whole study. Furthermore, drawing on the governance-centred literature that emphasizes the causal importance of political power in shaping capitalist institutions, this chapter develops a typology of East Asian capitalism against which the individual contributions set their empirical analyses of the institutional variations and changes of national capitalism since the late 1980s. Finally, the chapter illustrates empirically observable modes of institutional changes in national capitalisms and explores the value of causal propositions that centre on state action, political coalitions, and policy discourses.

Keywords: East Asia; capitalism; capitalist institutions; comparative capitalism; VoC apporach; state action; political coalitions; policy discourses; institutional variations

Chapter.  9483 words. 

Subjects: Political Economy

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