Modern Economic Development in Japan and China: Developmentalism, Capitalism, and the World Economic System (International Political Economy Series)

The Impressive, And Recent, Economic Development Of Japan And China, Has Led Many To Seek Understanding Beyond The Theories Of The Developmental State, Varieties Of Capitalism, And The World Economic System. Leading Global Scholars On Japan And China Provide A Comparative Analysis Of The Patterns Of Modern Economic Development, Their Political Economy, And The Historical And Global Context Of Their Economic Development. Japanese And Chinese Experiences Of Modern Economic Development Are Larger Than Individual Theories Can Make Sense Of. The Experiences Of China And Japan Point To The Fundamental Challenge Nations Have Faced In Organizing Economic And Political Activities Under Modern Conditions.-- Modern Economic Development In Time And Place: Why Japan And China? / Xiaoming Huang -- Mapping Japan And China In The World Economic System / Xiaoming Huang -- Dynamic Comparative Advantage And The Evolution Of The Capitalist World System / Nobuharu Yokokawa -- Neoliberal And Classical Devleopmentalism: A Comparative Analysis Of The Chinese And Japanese Models Of Economic Development / Bai Gao -- Chinese Developmentalism: Beyond The Japanese Model / Marc Lanteigne -- Japan's Fdi And The Development Of The Automobile Industry In China: Firms, Production Structure, And Government / Katsuhiro Sasuga -- Development Models And External Constraints: From The Structural Impediments Initiative To Global Imbalances / Ben Thirkell-white -- Rural-urban Divide And The Lewisian Turning Point In Japan And China / Katsuji Nakagane -- The Forgotten Sector: Institutions, Market Linkages, And Concurrent Growth In Rural China And Japan / Jason Young -- Beyong Ideological Framing Andf Structural Description: Theorizing Japanese And Chinese Economic Models / Lei Song And Yanbing Zhang -- Conclusion: China And Japan As Instances Of Modern Economic Development / Xiaoming Huang. Edited By Xiaoming Huang, Victoria University Of Wellington, New Zealand. Includes Bibliographical References And Index. Cover Series Title Copyright Contents List of Illustrations Notes on Contributors List of Abbreviations 1 Modern Economic Development in Time and Place: Why Japan and China? 2 Mapping Japan and China in the World Economic System 1 Japan and China 2 The shaping of modern world capitalism 3 Japan, China, and the East Asian model 4 Mapping Japan and China in the world economic system 3 Dynamic Comparative Advantage and the Evolution of the Capitalist World System 1 Introduction 2 Dynamic comparative advantage 3 Minsky’s fi nancial instability hypothesis and super Minsky cycle 4 The rise and fall of the golden age and catching-up industrialization 5 The structural crisis of bureaucratic capitalism 6 Diversifi cation of bureaucratic capitalism 7 The fall of the neoliberal capital accumulation regime 8 Conclusion 4 Neoliberal and Classical Developmentalism: A Comparative Analysis of the Chinese and Japanese Models of Economic Development 1 Japan’s classical developmentalism 2 China’s neoliberal developmentalism 3 Comparative analysis of the two development models 4 The global conditions of time and place for the classical and neoliberal development models 5 The historical origins of China’s neoliberal development model 6 Challenges in transformation of China’s economic model 7 Conclusion 5 Chinese Developmentalism: Beyond the Japanese Model Marc Lanteigne 1 China considers globalization 2 Models for Chinese growth 3 China adapts to developmentalism 4 Beyond developmentalism: The Beijing consensus 5 The challenges ahead for China 6 Japan’s FDI and the Development of the Automobile Industry in China: Firms, Production Structure, and Government 1 Introduction 2 The global shift of automobile production 3 Chinese automobile industrial policy 4 Automobile FDI and the Chinese government 5 Japanese automobile FDI and Chinese local government 6 The Japanese automobile industry and China’s trade 7 Japanese suppliers in the Chinese automobile industry 8 Conclusion 7 Development Models and External Constraints: From the Structural Impediments Initiative to Global Imbalances 1 Global imbalances and the international political economy of “Asian Capitalism” 2 Foreign pressure and adjustment in Japan 3 China, the United States, and global imbalances 4 Conclusion 8 Rural–Urban Divide and the Lewisian Turning Point in Japan and China 1 Introduction 2 The debate on the Lewis turning point 3 The turning point in Japan 4 China’s performance in terms of rural–urban comparison 5 Shaping of the rural–urban divide in China 6 Concluding remarks 9 The Forgotten Sector: Institutions, Market Linkages, and Concurrent Growth in Rural China and Japan 1 Introduction 2 How does agriculture contribute to economic growth? 3 Agriculture and the rural economy in China and Japan 4 Institutional arrangements underpinning concurrent growth 5 Agriculture and the rural economy in comparative perspective 10 Beyond Ideological Framing and Structural Description: Theorizing Japanese and Chinese Economic Models 1 Introduction 2 The ambiguous “Chinese Model of Economic Development” 3 Theory-building of the Japanese economic model 4 Discussion and conclusion 11 Conclusion: China and Japan as Instances of Modern Economic Development 1 The point of comparison 2 Points of comparison 3 Findings 4 Japan and China as instances of the rise and expansion of the modern world economy Bibliography Index Annotation The contributors provide a comparative analysis of the modern economic development of Japan and China that are often explained in frameworks of East Asian developmentalism, varies of capitalism or world economic system, and explore their broader significances for the rise and global expansion of modern economy