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The East Asian Model - Transformation and Sustainability (Hardcover)
Loot Price: R3,832
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The East Asian Model - Transformation and Sustainability (Hardcover)
Series: Routledge Contemporary Asia Series
Expected to ship within 12 - 17 working days
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Hyungkee Kim analyses the model of East Asian development as it
existed during periods of high growth and how it was transformed by
pressures from both the Washington consensus and its own internal
contradictions. Many have discussed the successes and failures of
the East Asian model, but Kim is concerned rather with the story of
its transformation, and its long-term sustainability. He uses a
Five Sector Model, which focuses on the, state, corporate,
financial, labour, and foreign sectors to identify the core of East
Asian model and examine the variants in Korea, Japan and China. He
also outlines the distinctions between the East Asian model and
Western development models including the Anglo-American, Rhine, and
Nordic models. He analyses in detail the institutional changes such
as marketization, privatization, liberalization, and
flexibilization that have transformed the East Asian model.
Highlighting the major problems that emerged from the
transformation of the East Asian model, Kim assesses its prospects
for economic, social and ecological sustainability and proposes an
agenda for institutional reforms. An essential reading for scholars
of East Asian political economy.
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