The Dynamics Of Economic Policy Reform In South East Asia And The South West Pacific

Much more contentious, however, is the question of how to implement policy reforms. Why do some countries seem more able to bring about change than others?

Provides a comprehensive and in-depth examination of the ongoing process of development and societal transformation in a dynamic region of the Third World. Written by a team of specialists from the fields of development studies, sociology and political economy, the book looks at some of the fundamental problems facing South East Asia by addressing the following issues: the social constellations; class, culture and political legitimation; and industrialisation and labour regulation.

"The debate on the major factors contributing to Southeast Asian industrialization continues unabated. As might be expected, there is much at stake in this debate. The debate is largely ideological in nature and partly centers on the role and contribution of state interventions and other institutions in market processes in the context of late industrialization. At the risk of caricaturing the debate, on the one hand, one finds the dominant and more influential position held by those who blame the state for all that has gone wrong and credit the market for all that has turned out right; on the other hand, the minority statist extreme position basically credits most major economic achievements in East Asia to appropriate interventions by developmentalist states. While very few people would actually fully identify with either of these caricatured extremes, much of the discussion actually gravitates around either of these poles. "

A wide-ranging, interdisciplinary analysis of the evolution of successful economic policies in East Asia, this study advances a thorough examination of the sustained economic growth enjoyed by the countries in this region.

Market Cultures examines the spectacular growth of capitalist enterprise among overseas Chinese and Southeast Asians. It does so, not through formal models, but by way of the varied cultures and organizations in which Asian capitalism is embedded. Eschewing talk of a uniform Asian miracle, the book shows that there existed complex precedents for

Providing a detailed account of the history of banking reform in Southeast Asia, this book analyzes the major developments in the global economic system over the past three decades, including the globalization of finance, the debt crisis of the 1980s and the 1997-1998 Asian financial crisis.

Globalization and the role of the state are issues at the forefront of contemporary debates. With editors and contributors of outstanding academic repututation this exciting new book presents an unconventional and radical perspective. Revealing that states do still matter despite the vigour of international capital flows and the omnipresence of the