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Miracle to Meltdown in Asia
Norman Flynn
其他書名
Business, Government, and Society
出版Oxford University Press, 1999
主題Business & Economics / Economic ConditionsPolitical Science / GeneralPolitical Science / Public Policy / Economic PolicyPolitical Science / World / AsianSocial Science / Customs & TraditionsSocial Science / Sociology / General
ISBN01982955379780198295532
URLhttp://books.google.com.hk/books?id=fv3MSMTdBPoC&hl=&source=gbs_api
EBookSAMPLE
註釋The crisis in Asia has caused economic hardship and brought an end to the 'economic miracle' of fast economic growth in the region. This book asks whether the 1997/8 crisis marks a break with the past and signals an end to 'Asian' ways of running economies. During the period of rapid growth there were strong connections between governments and business in the region. 'Cronyism', or close connections between family, business, and government, was exposed when the stock markets and currencies dived. Pressure from overseas investors and international organizations has produced reforms in the region. The book examines the social, economic, and political modes of governance in the region. It finds that there is a shifting balance between rule by the market, rule by connections, and rule by force. In the sphere of economic management, it shows that the period of the 'developmental state' in Japan and Korea has come to an end, but that it has not yet been replaced by a liberal market. Elsewhere the close connections between governments and business have been weakened but not yet broken. There are still special 'Asian' characteristics in economic management and in politics. The forces of 'Globalization' are strong, but they are confronted with political and economic cultures that are not rooted in liberal market ethics.