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Asian Crisis and the Future of the Japanese Model

In: Financial Liberalization and the Asian Crisis

Author

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  • Ronald Dore

Abstract

Asia’s ‘version of capitalism … emphasising not markets but government planning and long-term relationships … is now widely regarded as a problem rather than a solution.’1 ‘Gone are all the self-confident claims about the superiority of Asian values.’2 And Asian gloom is matched by American triumphalism. Markets win. Goethe was right. America has it better.

Suggested Citation

  • Ronald Dore, 2001. "Asian Crisis and the Future of the Japanese Model," Palgrave Macmillan Books, in: Ha-Joon Chang & Gabriel Palma & D. Hugh Whittaker (ed.), Financial Liberalization and the Asian Crisis, chapter 13, pages 215-236, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51862-9_13
    DOI: 10.1057/9780230518629_13
    as

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