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Business Networks in East Asian Capitalisms: Enduring Trends, Emerging Patterns builds on the foundational studies conducted in the 1990s by gathering contemporary empirical and theoretical chapters which explore these themes in a comparative perspective. The book includes contributions from authors working on the relationship between personal and business networks in countries including China, Singapore, Malaysia, Taiwan, Japan, South Korea, Vietnam, Laos, Cambodia, and Thailand. Authors emphasize enduring trends in social and business networks and/or track new emerging patterns, both within East Asian nations or between East Asia and other regions such as Europe, Africa, and the Americas. - Provides contemporary, up-to-date empirical material and theoretical interpretation, charting the influence of more recent globalizing trends and institutional change in the region - Includes studies of networks within PRC, between PRC and other regions, and in Chinese communities - Offers studies centered on Korean, Japanese, and South East Asian Networks - Includes a geographical scope that will be broader than other books, aiming to include studies of newly developing economies in South East Asia that share a common cultural heritage (e.g Vietnam)
The book traces the specificities of Asian economies back to the formation of their basic institutions after WWII. It follows their transformations after the 1997 Asian crisis until the eruption of the subprime crisis.
This volume analyses developments in East Asian capitalism since the 1980s, focussing on three main areas: business systems, financial structures, and labour markets.
For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative solutions to improve a system that isn’t going anywhere.
The Handbook explores institutional variations across the political economies of different societies within Asia. It includes empirical analysis of 13 major Asian business systems between India and Japan, and examines these in a comparative, historical, and theoretical context.
This book devises an innovative new way of explaining how socioeconomic orders shape capitalism in Asia. Hundt and Uttam go beyond both the ‘varieties of capitalism’ approach, which is mainly used to analyse Western capitalism, and the 'developmental state' thesis, which is the primary framework for analysing capitalism in Asia, and propose a new and innovative approach to the emergence of capitalist systems. Rather than focusing solely or predominantly on the state, they argue, it is necessary to bring society back in to an analysis of capitalism. The authors apply this approach to case studies from across the region: Japan; South Korea and Taiwan; Hong Kong and Singapore; Malaysia and Thailand; and India and China. This volume will appeal to historians, political scientists and economists, as well as policymakers, who are interested in the transformation of the Asian region since World War II.
One of the most remarkable developments of our time has been the spectacular growth of capitalist enterprise among overseas Chinese and Southeast Asians. Market Cultures examines this event, not in terms of formal models and faceless abstractions, but in light of the institutions through which local people give meaning and moral value to business enterprise. The chapters show that some Chinese and Southeast Asians have welcomed new forms of enterprise and consumption, but others regard both with strong ethical reservations. Eschewing talk of a uniform Asian “miracle,” this volume argues that Chinese and Southeast Asian societies had cultural precedents for and against market capitalism, reflecting subcultural heritages of religion, ethnicity, gender, and class.The case studies illustrate the deeply embedded nature of market institutions and reveal a moral and organizational variety unacknowledged in most analysis of modern capitalism. Rather than a unitary Confucian perspective on capitalism, contributors show that modern Chinese tradition has been interpreted in strikingly different ways by men and women, elites and masses, the wealthy and the poor. Avoiding stereotypes of “Asian values,” the volume's essays on Vietnam, the Philippines, Malaysia, Indonesia, and Singapore portray local worlds deeply—but differentially—engaged with market capitalism.Addressing one of the great social transformations of our time, Market Cultures will be of interest to anthropologists, sociologists, political economists, and students of Asian history and culture, as well as those concerned with the economic ascent of modern Asia and its implications for our world.
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.