State-Led Capitalism in East Asia

Author(s):  
Thomas Kalinowski

East Asia is the third world region that is crucial for an investigation of international economic conflicts and cooperation. The rise of East Asia as the ‘factory of the world’ since the 1970s is as important for the global political economy as US-led financial globalization and European integration. This chapter begins with an explanation of East Asia’s role in the trilemma triangle and then turns to an analysis of the historic genesis of the East Asian (developmental) state-led model of capitalism. We then investigate the economic origins of the East Asian success story and in particular the formation of large export-oriented business conglomerates. Finally, we look at the political foundation of the East Asian model, which can be described as an authoritarian corporatist model that is shaped by the alliance of state and business at the expense of labour.

1979 ◽  
Vol 145 (2) ◽  
pp. 328
Author(s):  
Michael Morgan ◽  
Bryan Roberts

Worldview ◽  
1965 ◽  
Vol 8 (1) ◽  
pp. 6-9
Author(s):  
Thomas Molnar

We are slowly being conditioned to believe that with decolonization in the political sphere, the “third world” is getting rid of the Christian religion which had come to Asia and Africa—so the story goes—as an auxiliary force of white imperialism. This is a biased and false picture, born perhaps not so much of wishful thinking as of an erroneous logic of history.“ This logic concludes: if Asians and Africans come once again into their own, they ought to reassert their religious personality too.My own observations as a traveler in Asia and Africa are inevitably personal and partial. Because I had more ready access to Catholic sources of information, for example, my comparisons and references most frequently involve Catholicism, although many of the generalizations would apply to Protestantism as well. In any case I found that, as always, the reality proved to be far more complex than the general assumptions.


2005 ◽  
Vol 39 (2) ◽  
pp. 369-397 ◽  
Author(s):  
YUMI HORIKANE

Korea under the Park regime (1961–1979) is known as a typical example of the East Asian developmental state. Many students of development, both economists and political scientists, have studied it, producing a substantial accumulation of knowledge. However, most writers have, in fact, focused on the policies and politics of the first half of the era. The second half was, politically, a notoriously authoritarian dictatorship, through which the regime strongly pushed its controversial heavy and chemical industrialization program. This program is frequently criticized for being based upon irrational industrial targeting that generated great inefficiency in the economy. The explanation for such irrational policy has been attributed to politics, or the authoritarian nature of the regime, which actually does not explain much.


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