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The Developmental State (Hardcover)
Loot Price: R1,280
Discovery Miles 12 800
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The Developmental State (Hardcover)
Series: Cornell Studies in Political Economy
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Developmental state, n.: the government, motivated by desire for
economic advancement, intervenes in industrial affairs.The notion
of the developmental state has come under attack in recent years.
Critics charge that Japan's success in putting this notion into
practice has not been replicated elsewhere, that the concept
threatens the purity of freemarket economics, and that its
shortcomings have led to financial turmoil in Asia. In this
informative and thought-provoking book, a team of distinguished
scholars revisits this notion to assess its continuing utility and
establish a common vocabulary for debates on these issues. Drawing
on new political and economic theories and emphasizing recent
events, the authors examine the East Asian experience to show how
the developmental state involves a combination of political,
bureaucratic, and moneyed influences that shape economic life in
the region. Taking as its point of departure Chalmers Johnson's
account of the Japanese developmental state, the book explores the
interplay of forces that have determined the structure of
opportunity in the region. The authors critically address the
argument for centralized political involvement in industrial
development (with a new contribution by Johnson), describe the
historical impact of colonialism and the Cold War, consider new
ideas in economics, and compare the experiences of East Asian
countries with those of France, Brazil, Mexico, and India.
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