Political Economy of East Asia: A Business ModelThis book aims to distil from both sets of developments before and after the Asian crisis of 1997 a generic business model for East Asia in the context of the new economy. Globalisation, information communication technology, knowledge-based economy, deregulation and emerging new competition delineate and set the challenges for the new economy. More rapid technological change in the new globalised economy means greater creative destruction and tick of premature obsolescence to companies and workers of capital, job skills and earning power. |
Contents
Chapter | 1 |
Growth Theories Growth Models Developmental States | 9 |
Developmental State Theory | 17 |
Copyright | |
14 other sections not shown
Common terms and phrases
Asian crisis Asian developmental Asian regionalism assets Association of Southeast balance Bank bumiputra business model capital controls Central Provident Fund chaebol China Chinese competition Confucian culture currency deficit demand democratisation deregulation developing countries direct foreign investment dollar domestic East Asia Economic Cooperation effect efficiency employment export external factor firms fiscal policy fixed exchange rate flexible global globalisation government-linked companies groups growth rate Hong Kong income Indonesia industrial policy industrialisation inflation information communication technology information technology innovation institutions integration interest rate International Monetary Fund intervention issues Japan Japanese keiretsu knowledge-based economy Korea liberalisation macroeconomic Malaysia medium-sized enterprises monetary policy multilateral multinational corporations Nations Plus Three political economy private sector privatisation reform relations restructuring role Singapore Singapore Inc Singapore's social security socio-political Southeast Asian Nations state-owned enterprises structure Taiwan Thailand trading arrangements traditional wage welfare workers World Trade Organisation