Collective Action in East Asia

Collective Action in East Asia

Author: Gregory W. Noble

Publisher: Cornell University Press

Published: 2018-09-05

Total Pages: 268

ISBN-13: 150173203X

DOWNLOAD EBOOK

As one Asian economic crisis follows another, sending shock waves through the global market, questions about the making and conduct of industrial policy in the East take on a special urgency. Observers are sharply divided as to whether the ubiquitous attempts at cooperation among competing firms in Asia have been a key to competitiveness or a corrosive form of collusion. This timely book offers a close look at the impact of industrial policies on collective action in East Asia—in Japan and Taiwan and, more briefly, in South Korea. Systematically comparative and based on interviews and original research in the local languages, it focuses on forms of collective action such as cartels, standardization, and research and development consortia in the consumer electronics and minimill steel industries. The book combines detailed case studies with analyses of the political, bureaucratic, and industrial environments in which policy is crafted. It also considers how these environments have evolved in the past decade as long-ruling conservative parties have been challenged in all three countries.Among the book's findings is a surprising disparity between the ways in which Japan and Taiwan have handled collective action policy, despite their many historical, demographic, and economic similarities. Collective Action in East Asia also brings to light unexpected inconsistencies in the effectiveness of Japanese policy, which frequently succeeds with R&D consortia but struggles with cartels. Studying both the rapid-growth period of the 1980s and the more recent economic slowdown in East Asia, this book provides crucial information for an understanding of today's global economy.


Technological Capabilities and Export Success in Asia

Technological Capabilities and Export Success in Asia

Author: Dieter Ernst

Publisher: Routledge

Published: 2003-09-02

Total Pages: 400

ISBN-13: 1134725582

DOWNLOAD EBOOK

What accounts for export success? A team of international contributors show that learning and capability formation are critical to sustain competitiveness. Through a series of case studies of firms in the textile and garment and electronics industries of five Asian economies - Korea, Taiwan, Thailand, Indonesia and Vietnam - Technological Capabilities and Export Success in Asia demonstrates that cheap labour, combined with currency devaluation, is no longer sufficient for export success.


The Japanese Main Bank System

The Japanese Main Bank System

Author: Masahiko Aoki

Publisher: Clarendon Press

Published: 1995-02-16

Total Pages: 684

ISBN-13: 0191521744

DOWNLOAD EBOOK

BL Gives a definitive description and analysis of the main bank system BL Strong contributors BL Understudied subject BL Incorporates results of a major World Bank research programme BL Balances institutional description with financial theory and empirical analysis This volume looks at systems of corporate finance, concentrating on the Japanese main bank system. The remaining chapters describe different systems, assessing to what extent the Japanese system can serve as a model for developing market economies and transforming socialist economies. The basic characteristics of the main bank system are examined here, its roots, development, and its role in the heyday of its rapid growth. The volume looks at how the system has performed and at its strengths and weaknesses. It goes on to look at how the system has changed and what its approprate role is as deregulation, liberalization, and internationalization of Japan's financial markets have proceeded over the past two decades and a new issue securities market has emerged. A basic conclusion of the book is that banking-based systems are in most cases the most appropriate for industrial financing until a rather late stage of a country's economic and financial development. It aims to identify the conditions under which banks are better able that securites market institutions to evaluate the credit worthiness of borrowers and the viability of new projects, to monitor the ongoing performance of firms, and to rescue or liquidate firms in distress. Contributors: Masahiko Aoki, Theodor Baums, V.V.Bhatt, John Campbell, Yasushi Hamao, Toshihiro Horiuchi, Takeo Hoshi, Anil Kashyap, Dong-Wong Kim, Gary Loveman, Sang-Woo Nam, Frank Packer, Hugh Patrick, Yingyi Qian, Mark Ramseyer, Clark Reynolds, Satoshi Sunamura, Paul Sheard, Juro Teranishi, Kazuo Ueda,


The Newly Industrializing Economies of East Asia

The Newly Industrializing Economies of East Asia

Author: Anis Chowdhury

Publisher: Routledge

Published: 2005-08-09

Total Pages: 304

ISBN-13: 1134861389

DOWNLOAD EBOOK

The phenomenal success of the East Asian Newly Industrializing Economies (NIEs) of Korea, Taiwan, Hong Kong, and Singapore is now well-known and documented. Their success has been discussed to such an extent that it has become entrenched as part of the folklore of development economics. The Newly Industrializing Economies of East Asia takes a fresh look at the relevant literature and sifts the rhetoric from the reality. In the course of surveying the vast range of writing two competing paradigms become clear: the neo-classical approach which interprets the East Asian economic miracle as the predictable outcome of `good' policies; and the statist perspective which draws attention to the central role of the government in guiding East Asian economic development. Throughout the book the authors mix country-specific experiences with broader trends.


The Newly Industrialising Economies of East Asia

The Newly Industrialising Economies of East Asia

Author: Anis Chowdhury

Publisher: Psychology Press

Published: 1993

Total Pages: 304

ISBN-13: 0415097495

DOWNLOAD EBOOK

In surveying the vast range of writing on the East Asian NIEs and their development paths, this book evaluates the competing roles of neo-classical approaches and central government intervention in guiding economic development.


The Myth of the Powerless State

The Myth of the Powerless State

Author: Linda Weiss

Publisher: Cornell University Press

Published: 2018-05-31

Total Pages: 281

ISBN-13: 1501711733

DOWNLOAD EBOOK

Conventional wisdom argues that the integration of the world economy is making national governments less powerful, but Linda Weiss disagrees. In an era when global society and the transnational market are trendy concepts, she suggests that state capacities for domestic transformative strategies provide a competitive advantage. Some of the most successful economies rely on state-informed and state-embedded institutions for governing the economy. In fact, she contends, the strength of external economic pressures is largely determined domestically, and the effect of such pressures varies with the strength of domestic institutions. Weiss analyzes the sources and varieties of state capacity for governing industrial transformation in contemporary cases: the unraveling of Sweden's distributive model of adjustment, the evolution of developmental states in Northeast Asia, and the parallel strengths of the German and Japanese systems of industrial coordination. Her comparative perspective allows her to show how different types of state capacity affect industrial vitality and domestic adjustment to global forces. As economic integration proceeds, she concludes, state capabilities will matter more rather than less in fostering social well-being and the creation of wealth.


Corporatism and Korean Capitalism

Corporatism and Korean Capitalism

Author: Dennis L. McNamara

Publisher: Routledge

Published: 2012-10-02

Total Pages: 177

ISBN-13: 1134636903

DOWNLOAD EBOOK

Corporatism and Korean Capitalism employs corporatist theory to examine the Korean experience of state-business ties. It includes theoretical chapters on Asian and Korean corporatism, case studies of agriculture, industry and industrial relations and an introduction to comparative corporatism. It helps to push the study of Korean political and economic change from description on to theoretical analysis. This volume will challenge researchers and students of Asian studies, economics and politics to extend and refine their understanding of both corporatism and Korea. Moreover, this book offers a guide to policymakers confounded by the curious mix of collusion and competition in Korean political economy.