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The Political and Economic Transition in East Asia : Strong Market, Weakening State, Hardback Book

The Political and Economic Transition in East Asia : Strong Market, Weakening State Hardback

Hardback

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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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