East asian capitalism: diversity, continuity, and change

PART ONE INTRODUCTION

1. Debating East Asian Capitalism: Issues and Themes, Andrew Walter and Xiaoke Zhang

PART TWO BUSINESS-GOVERNMENT RELATIONS AND DEVELOPMENT STRATEGIES

2. Government-industry Relations in China: A Review of the Art of the State, Shaun Breslin

3. Not of a Piece: Developmental States, Industrial Policy and Evolving Patterns of Capitalism in Japan, Korea and Taiwan, Karl Fields

4. State-business Linkages in Southeast Asia: The Developmental State, Neo-liberalism and Enterprises Development, Edmund Terence Gomez

PART THREE LABOUR MARKETS AND INDUSTRIAL RELATIONS

5. Reform and Institutional Change in East Asian Labour Markets, Frederic Deyo

6. Durable Subordination: Chinese Labour Regime through a South Korean Lens, Ching Kwan Lee

7. Continuity and Change in the Japanese Economy: Evidence of Institutional Interactions between Financial and Labour Markets, Mari Sako and Masahiro Kotosaka

PART FOUR FINANCIAL MARKET STRUCTURES

8. Political Hierarchy and Finance: The Politics of China's Financial Development, Richard W. Carney

9. The Political Economy of Financial Development in Southeast Asia, Thomas Pepinsky

10. The Japanese Financial Sector's Transition from High Growth to the 'Lost Decades', Wataru Takahashi

11. Dominant Coalitions and Capital Market Changes in Northeast Asia, Xiaoke Zhang

PART FIVE CONCLUSION

12. Understanding Variations and Changes in East Asian Capitalism, Andrew Walter and Xiaoke Zhang

The increasing economic and political importance of East Asia in the global political economy requires a deeper analysis of the nature of the capitalist systems in this region than has been provided by the existing literature on comparative capitalisms. This volume brings together conceptual and empirical analyses of the evolving patterns of East Asian capitalism against the backdrop of regional and global market integration and periodic economic crises since the 1980s. Focusing on China, Japan, South Korea, Indonesia, the Philippines, Malaysia, Taiwan, and Thailand, it provides an interdisciplinary account of variations, continuities, and changes in the institutional structures that govern financial systems, industrial relations, and product markets, and that shape the evolution of national political economies.

While the volume encompasses a range of different cases, specific issues, and diverse methodologies, all the chapters address two dominant themes - the continuities and changes in the institutional underpinnings of capitalist development and the main driving forces behind them. The book thus provides an integrated analysis of how changing institutional practices in business, financial, and labour systems interact and affect the evolution of capitalist political economies in the region.

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