The book examines the political and economic developments in East
Asia since the end of the Cold War in an attempt to identify a
broad pattern of transition, particularly in terms of the reshaping
of the state's relations with forces and institutions in economy,
politics and domestic- international interactions. The chapters are
organised into three parts: I: The state in the new economy; II:
The state in the new politics; III: The state in the new global
environment. The contributors find a general pattern of the state's
withdrawal from these three areas. But it is not simply that the
market takes over, as some envisaged. Instead, the transition is
moving towards a set of governance-producing arrangements in which
the role of both the market and the state are appreciated. The book
concludes that a more sophisticated approach is needed to the
problems of development vs. governance, the state vs. the market,
and global dynamics vs. national interests, for a better
understanding of the dynamic transition and the consequent new
political economy in East Asia.
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