This book explores the foundation and nature of the relationship between capitalist accumulation and the state in East Asia and Latin America that has profoundly influenced industrialization and macroeconomic performance. Scholars from both sides of the Pacific offer critical perspectives on the differing fates of the two regions, especially over the last decade. Considering the role of markets, developmental states, location, ethnic networks, dynamic comparative advantage, and competitiveness, this pioneering volume draws comparative lessons from the East Asian experience for the developing world.
Table of Contents
Introduction -- Financial Liberalization in Latin American and East Asian Countries -- Globalization and Technology Acquisition by the Developing Countries of East Asia -- Trade Liberalization and Income Distribution: Lessons for Mexico from East Asia -- The Idea of National Economic Integration and the Experience of Korean Development -- Agricultural Reforms in Taiwan and South Korea -- The Political Economy of Industrial Policy in South Korea and Taiwan -- China and Mexico: Comparable Development Strategies, Disparate Results -- State Intervention, Rents and Malaysian Industrialization -- Japanese Investments and Technology Transfer to Malaysia1 -- The Economic Development of Guangdong and Its Impact on Hong Kong and Taiwan -- Merchants, Small Employers and a Non-Interventionist State: Hong Kong as a Case of Unorganized Late Industrialization