Understanding Variations and Changes in East Asian Capitalism

Andrew Walter and Xiaoke Zhang

in East Asian Capitalism

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

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The conclusion returns to the key research queries set out in the ‘Introduction’ and provides a tighter and more focused explanatory account of institutional variations and changes in East Asian capitalism. It first uses the typology of East Asian capitalism developed in the ‘Introduction’ to identify the main changes and continuities in the business, financial, and labour institutions that the East Asian political economies have experienced since the late 1980s. The concluding chapter then reassesses the alternative conceptions and causal propositions of dynamic change in contemporary capitalism discussed in the ‘Introduction’ and fleshes out these conceptions and propositions by drawing upon the contributions to this volume. It explores the wider implications of this analysis for the debate about the nature and causes of institutional change. Finally, it concludes by exploring the implications of the main findings of the study for future research on capitalist development in East Asia and beyond.

Keywords: East Asia Capitalism; institutional variations; business institutions; financial institutions; labour institutions; capitalist development

Chapter.  13946 words. 

Subjects: Political Economy

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