Emerging Capitalism In Central Europe And Southeast Asia

This book examines the emergence of different forms of capitalism in Central-Eastern states in Europe and Mekong states within the Association of Southeast Asian Nations (ASEAN). All of them (but Thailand) have historically disappeared from the regional maps for long periods of time due to colonial or imperial rule. Most of them were previously members of a soviet-type economy, and they all joined ASEAN or the European Union in the 1990s or in the 2000s. These states are characterized by a strong urge toward feelings of national sovereignty due to their experiences with colonialism and imperialism. But, due to the regional economic pressures and the globalization dynamic, these states cannot articulate protectionist policies. They are forced to open their economies in order to attract Foreign Direct Investments. This results in less regulated and more political forms of capitalism than in some more developed capitalist countries. This book analyzes forms of capitalism as the arising from a combination of three conditions: the legacy of the foreign occupations, the national construction process of the sovereign state, and lastly, the dynamics of regional integration. These states' claims to national sovereignty and the manner in which they developed suggests a causative link between the forms of political domination that have presided over these transformations and the forms of capitalism that have resulted.

Organizations such as ASEAN and EU were formed to promote economic growth, social progress and cultural development among their members. This book provides a comprehensive overview of the transformation which the newest members of ASEAN (Cambodia, Laos, Myanmar and Laos) and the newest members of EU (ten new Members from Baltic, Central and Eastern Balkan regions) have experienced during the last two decades (1990–2010). It throws light on the different social, economic and political causes which support these historical changes. Emerging markets such as the Mekong region and Central Europe where new forms of capitalism are flourishing have been captured in this book. Their policies in privatization, regionalization, industrial growth that support a new and deregulated form of capitalism have been mentioned in detail. The author stresses upon the capacity and strengths of these two hitherto “weak states” to face worldwide and regional challenges. Contents:Introduction — The Destruction of Historical States:History and Geography Matter — But for What Kind of Legacies?Defining a State in TransitionConclusion — Clusters of Modernized States in Southeast Asia and CEEIntroduction — Coherence of the Public Policies: Privatization, Regionalization, Industrial Relations:Transforming Economies: From Planned Economies to More Legal Rules or Towards Nomenklatura Capitalism?Transforming Polities: States, Regions and AdministrationManaging Firms by Flexibility: The Lack of Industrial RelationsConclusionIntroduction — EU and ASEAN Enlarged and Globalized Regions:The EU and ASEAN: Cohesion Policy and Export-Oriented AgreementsState, Sub-State Designs and Cross-Border CooperationEU and ASEAN Enlargement: Enlarged Globalization DynamicsConclusionGeneral Conclusions: Types of Capitalism in Central Europe and in Southeast Asia Readership: Undergraduates and postgraduates in economics, political science and public policy; international agencies; government departments and think-tank bodies; policy makers; academic researchers. Keywords:Resilient States;Political Capitalism;Emerging Countries;Central Europe;Southeast Asia;Eastern Europe;ASEAN;EU;Mekong Region;Privatization;Regionalization;Industrial RelationsKey Features:Shows the transformation the newest members of ASEAN (Cambodia, Laos, Myanmar and Laos) and the newest members of EU (ten new Members from Baltic, Central and Eastern Balkan regions) have experienced during the last two decades (1990–2010)Uses a common theoretical framework based on the approach of “strong states vs weak states”Emerging markets such as the Mekong region and Central Europe where new forms of capitalism are flourishing have been captured

This book examines the emergence of different forms of capitalism in Central-Eastern states in Europe and Mekong states within the Association of Southeast Asian Nations (ASEAN). All of them (but Thailand) have historically disappeared from the regional maps for long periods of time due to colonial or imperial rule. Most of them were previously members of a soviet-type economy, and they all joined ASEAN or the European Union in the 1990s or in the 2000s. These states are characterized by a strong urge toward feelings of national sovereignty due to their experiences with colonialism and imperialism. But, due to the regional economic pressures and the globalization dynamic, these states cannot articulate protectionist policies. They are forced to open their economies in order to attract Foreign Direct Investments. This results in less regulated and more political forms of capitalism than in some more developed capitalist countries. This book analyzes forms of capitalism as the arising from a combination of three conditions: the legacy of the foreign occupations, the national construction process of the sovereign state, and lastly, the dynamics of regional integration. These states' claims to national sovereignty and the manner in which they developed suggests a causative link between the forms of political domination that have presided over these transformations and the forms of capitalism that have resulted.

This book explains the political origins and evolution of capitalist institutions in developing countries by looking at distinct patterns in the electronics industry in three Southeast Asian countries: Thailand, Malaysia, and Singapore. An analysis of the political determinants of these patterns has a number of theoretical and practical implications. It includes a new explanation for family business behavior, a unified framework for explaining capitalist varieties, a guide for institutional reform, and a comparative examination of three dynamic Asian economies that provides important insights to students, scholars, and people in business.

Ethnic Chinese in Southeast Asia, like Jews in Central Europe until the Holocaust, have been remarkably successful as an entrepreneurial and professional minority. Whole regimes have sometimes relied on the financial underpinnings of Chinese business to maintain themselves in power, and recently Chinese businesses have led the drive to economic modernization in Southeast Asia. But at the same time, they remain, as the Jews were, the quintessential “outsiders.” In some Southeast Asian countries they are targets of majority nationalist prejudices and suffer from discrimination, even when they are formally integrated into the nation. The essays in this book explore the reasons why the Jews in Central Europe and the Chinese in Southeast Asia have been both successful and stigmatized. Their careful scholarship and measured tone contribute to a balanced view of the subject and introduce a historical depth and comparative perspective that have generally been lacking in past discussions. Those who want to understand contemporary Southeast Asian and the legacy of the Jewish experience in Central Europe will gain new insights from the book.

This collection examines the historically and geographically specific form of economic organization of the overseas Chinese in Southeast Asia and how it has adapted to the different historical and socio-political contexts of Southeast Asian countries. Moving beyond cultural explanations and traits to focus on the process of evolution and dynamism of situated practices, it argues that Chinese Capitalism is rapidly becoming a form of ‘hybrid capitalism’ and embodies the interdependent of culturally and institutionally specific dynamics at local and regional level, evolving and adapting to different institutional contexts and politico-economic conditions in the host Asian economies. This text also explores the social organization and political economy of the so-called overseas Chinese by examining the changing dynamism of Chinese capitalism in relation to forces of globalization. Focusing on key actors, primarily Chinese entrepreneurs in their business practices, and situated practices as well as cultural, political, social and economic factors under globalizing conditions, it provides providing a broad understanding without fixating or homogenizing Chinese capitalism, contributing to the understanding of the contexts that give rise to the emergence and transformation of Chinese Capitalism in Southeast Asia.

Over a quarter of a century after the fall of the Berlin Wall and 10 years after their accession to the European Union (EU), Central and Eastern Europe Countries (CEECs) still show marked differences with the rest of Europe in the fields of labour, work and industrial relations. This book presents a detailed and original analysis of labour and social transformations in the CEECs. By examining a wide range of countries in Central Europe, Labour and Social Transformation in Central and Eastern Europe offers a comprehensive and contrasting view of labour developments in Central and Eastern Europe. Chapters explore three related issues. The first deals with the understanding of the complex process of Europeanization applied in the sphere of labour, employment and industrial relations. The second issue refers to the attempt to link the Europeanization approach with an analysis mobilizing the theoretical concept of "dependent capitalism(s)". The third issue refers to the cumulative trends of labour weakening and labour awakening that has emerged, in particular in the aftermath of the crisis beginning in 2007-2008. This book will be of interest to academics, policy makers and stakeholders at European and national level in the EU member states.

Social Policy has been a key dimension of dynamic economic growth in East Asia's 'little tigers' and is also a prominent strand of their responses to the financial crisis of the late 1990s. This systematic comparative analysis of social policy in the region focuses on the key sectors of education, health, housing and social security. It sets these sectoral analyses in wider contexts of debates about developmental states, the East Asian welfare model and globalization.