Journal ArticleDOI
Beyond the Developmental State: Networks, Politics, and Institutions
Chung-in Moon,Rashemi Prasad +1 more
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In this paper, a critical review of the statist perspective on East Asian political economy is presented, finding that it is lacking in its claims to explain economic performance, neglectful of intra-state dynamics, and inadequate in its depictions of state-society relations.Abstract:
This article presents a critical review of the statist perspective on East Asian political economy. The statist perspective is found lacking in its claims to explain economic performance, neglectful of intra-state dynamics, and inadequate in its depictions of state-society relations. Studies attempting to remedy these shortcomings through an application of concepts from network theory are also examined. These studies provide a conceptually richer description of state-society interaction. However, they fall short of explaining the essentially political nature of interaction, both between state and society and within the state. New directions for research are suggested. The key elements of the alternative approach are politics, institutions and leadership choice. These factors are widely acknowledged to be mutually influencing; however, the nature of their interrelations is only vaguely understood. A crucial task of research lies in explaining how politics, institutions and leadership choices interact to constitute lines of policy and to shape trajectories of economic development.read more
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The emergence of
Nicholas Rowbottom,Joanne Locke +1 more
TL;DR: The actor network theory and its conceptions of detour, affordance and laboratory to examine the development of while still controversial and where meanings remained open and malleable to the inscription of interests from a wide coalition of actors as mentioned in this paper.
Book
Emergent Economies, Divergent Paths: Economic Organization and International Trade in South Korea and Taiwan
TL;DR: In this paper, a model of business groups and economic organization in South Korea and Taiwan is presented, where the interaction of authority and market power in the context of competitive economic activity is analyzed.
Journal ArticleDOI
Does China follow “the East Asian development model”?
TL;DR: The Chinese way of development shares many characteristics with the East Asian developmental state model including state control over finance, direct support for state owned enterprises by the government, import substitution industrialisation in heavy industry, a high dependence on export markets and a high rate of domestic savings.
Book
The Politics of African Industrial Policy: A Comparative Perspective
TL;DR: The case for economic transformation and industrial policy in Africa is discussed in this article, where the authors assess the economic transformation in Africa by considering economic transformation theory and clientelism in the political economy of development.
Journal ArticleDOI
Where Do Tigers Sleep at Night? The State's Role in Housing Policy in South Korea and Singapore*
TL;DR: In this article, the authors show that the state role in housing is influenced by the nature of the political coalition the state has established with other social groups to promote economic growth in South Korea and Singapore.
References
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Journal ArticleDOI
Economic Action and Social Structure: The Problem of Embeddedness
TL;DR: In this article, the extent to which economic action is embedded in structures of social relations, in modern industrial society, is examined, and it is argued that reformist economists who attempt to bring social structure back in do so in the "oversocialized" way criticized by Dennis Wrong.
MonographDOI
Governing the market: economic theory and the role of government in East Asian industrialization
TL;DR: Wade's Governing the market quickly established itself as a standard in contemporary political economy as discussed by the authors, and the synergy between markets and public administration and the way allocation decisions were divided between markets, public administration, and corporations was examined.
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The Logic of the Developmental State@@@Asia's Next Giant: South Korea and Late Industrialization@@@The Political Economy of the New Asian Industrialism@@@MITI and the Japanese Miracle@@@Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization
TL;DR: Wade as mentioned in this paper reviewed the debate about industrial policy in East and Southeast Asia and chronicles the changing fortunes of these economies over the 1990s, and extended the original argument to explain the boom of the first half of the decade and the crash of the second, stressing the links between corporations, banks, governments, international capital markets and the International Monetary Fund.
Journal ArticleDOI
When Effect Becomes Cause: Policy Feedback and Political Change
TL;DR: The authors suggest that policies generate resources and incentives for political actors, and they provide those actors with information and cues that encourage particular interpretations of the political world, and that these mechanisms operate in a variety of ways, but have significant effects on government elites, interest groups, and mass public.
Journal ArticleDOI
The New Economics of Organization
TL;DR: The work of as discussed by the authors provides political scientists with an overview of the "new economics of organization" and explores its implications for the study of public bureaucracy, which is perhaps best characterized by three elements: a contractual perspective on organizational relationships, a theoretical focus on hierarchical control, and formal analysis via principal-agent models.