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Globalization and Economic Nationalism in Asia (Hardcover)
Loot Price: R3,275
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Globalization and Economic Nationalism in Asia (Hardcover)
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This collection documents the different ways in which Asian
governments have been pursuing economic nationalism even as they
have been integrating with the world economy. The book challenges
the popular view that with globalization, either the role of the
state becomes redundant or that states are unable to purposefully
intervene in the economy. The book argues that since most states
pursue national interests, which largely include economic
development, they work with national business and often intervene
on their behalf to create internationally competitive industries.
States are thus viewed as integral to capitalist development, and
economic nationalism is neither theoretically nor empirically
redundant. Contributors from Asia and elsewhere present
wide-ranging arguments and evidence to counter the view that with
globalization economic nationalism is passe. Instead, they
demonstrate that states in Asia are active in shaping trade,
investment, technological, industrial, and financial outcomes.
Using interdisciplinary social science approaches that are also
historically sensitive, this book critically assesses why and how
states in select Asian countries continue to intervene in the
economy in both familiar and novel ways. Countries covered include
India, China, South Korea, Singapore, Japan, and the East Asian
region as a whole. Together they illustrate why these states
practice economic nationalism even as they enthusiastically embrace
the generalized process of globalization through domestic reforms
and liberalization.
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