The Political Economy of the New Asian Industrialism

The newly industrializing countries (NICs) of East Asia have undergone rapid economic expansion over the past twenty vears. Unlike NICs elsewhere in the Third World, those in the Pacific basin-South Korea, Taiwan, Singapore, and Hong Kong-have managed to achieve almost full employment, a relatively egalitarian distribution of income, and the virtual elimination or poverty. In this collection of essays, nine development specialists explore the Asian NICs' exceptional ability to capitalize on the favorable economic environment of the 1960s and then to adapt flexibly to worsening conditions in the 1970s and 1980s. Contents Contributors Preface Introduction 1. Export-oriented Industrializing States in the Capitalist World System: Similarities and Differences 2. The Origins and Development of the Northeast Asian Political Economy: Industrial Sectors, Product Cycles, and Political Consequences 3. State and Foreign Capital in the East Asian NICs 4. Political Institutions and Economic Performance: The Government-Business Relationship in Japan, South Korea, and Taiwau 5. The Interplay of State, Social Class, and World System in East Asian Development: The Cases of South Korea and Taiwan 6. State and Labor: Modes of Political Exclusion in East Asian Development 7. Class, State, and Dependence in East Asia: Lessons for Latin Americanists 8. Coalitions, Institutions, and Linkage SequencingToward a Strategic Capacity Model of East Asian Development Index "Despite the otherworldly situations he's gotten into, Keiichi's everyday joy is still found as an engineer and mechanic. And as Chihiro's training retreat by the seashore continues, the two of them put that shared passion into practice by building two bikes based on different philosophies, with the help of her old high-school friends Eri and Tasuga--plus (or maybe minus) the 'help' of Urd and Skuld!"--Page 4 of cover