East Asian Capitalism: Diversity, Continuity, and Change

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. Contributors to this volume - Shaun Breslin, Professor of Politics and International Studies and Director of the Centre for the Study of Globalisation and Regionalisation, the University of Warwick. Richard W. Carney, Assistant Professor, the Department of International Relations, Australian National University. Frederic Deyo, Professor of Sociology, the State University of New York, Binghamton. Karl J. Fields, Professor of Politics and Government and Director of Asian Studies, the University of Puget Sound in Tacoma, Washington, USA. Edmund Terence Gomez, Professor, the Faculty of Economics and Administration, University of Malaya. Masahiro Kotosaka, DPhil candidate in Management Studies, Said Business School, Oxford University. Ching Kwan Lee, Professor of Sociology, the University of California, Los Angeles. Thomas Pepinsky, Assistant Professor, the Department of Government, Cornell University. Mari Sako, Professor of Management Studies, Said Business School, University of Oxford. Wataru Takahashi, Director-General, the Institute for Monetary and Economic Studies, the Bank of Japan. Andrew Walter, Reader in International Political Economy, the London School of Economics and Political Science. Xiaoke Zhang, Professor, Manchester Business School, the University of Manchester.