000 02660cam a22002894a 4500
008 110413s2012 enka b 001 0 eng
020 _a9780415604406
020 _a0415604400
020 _a9780203805848
020 _a0203805844
040 _aSDU
050 0 0 _aHC412
_bD618 2012
245 0 0 _aDiversity and transformations of Asian capitalisms /
_cedited by Robert Boyer, Hiroyasy Uemura and Akinori Isogai.
260 _aAbingdon, Oxon ;
_aNew York :
_bRoutledge,
_c2012.
300 _a379 p. :
_bill.
490 0 _aRoutledge Studies in the modern world economy ;
_v96
505 _aHKBU library
518 _aYT2025 M09
520 _a"Among a vast literature on the Asian economies, the book proposes a distinctive approach, inspired by R©♭gulation Theory, in order to understand the current transformations of the Asian economies. Most scholars use as a market-led capitalism as a benchmark and implicitly they diagnose the many imperfections of the Japanese, Korean or Chinese configurations compared with the American one: the Asian crises are supposed to be the direct consequence of this discrepancy. By contrast the this book traces the specificities of the Asian economies back to the formation of their basic institutions after WWII which have been shaping each national economy. The book follows their transformations after the 1997 Asian crisis until the subprime crisis. During this period, the viability of their growth regime was to coherence of five basic institutional forms: the degree of competition and insertion into the world economy, the nature of labour market organization, the monetary and exchange rate regimes and finally the style for State intervention via legislation, public spending and tax.The book provides new findings. The degree of financial liberalization and opening to the world economy largely determines the severity of the 2008-2009 recession and the political-economic reactions of each Asian countries to the subprime crisis. Asian capitalisms are distinct from American and European ones, but they are quite diverse among themselves, and this differentiation has been widening during the last decade. This book will help to shed light on a de facto regional economic integration is taking place in Asia, but unsolved past political conflicts do hinder the institutionalisation of these interdependencies"--
650 0 _aCapitalism
_zAsia.
_9186975
650 0 _aEconomic development
_zAsia.
651 0 _aAsia
_xEconomic conditions.
700 1 _aBoyer, Robert,
_d1943-
_9186977
700 1 _aUemura, Hiroyasu,
_d1956-
_9186978
700 1 _aIsogai, Akinori,
_d1956-
_9186979
942 _cGBE
_2lcc
999 _c102237
_d102237