Government-Linked Companies and Sustainable, Equitable Development: 1st Edition (Hardback) book cover

Government-Linked Companies and Sustainable, Equitable Development

1st Edition

Edited by Terence Gomez, François Bafoil, Kee-Cheok Cheong


182 pages | 13 B/W Illus.

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The debate over how far governments should intervene in economies in order to promote economic growth, a debate which from the 1980s seemed settled in favour of the neo-liberal, non-interventionist consensus, has taken on new vigour since the financial crisis of 2008 and after. Some countries, most of them in industrialised Asia, have survived the crisis, and secured equitable economic growth, by adopting a developmental state model, whereby governments have intervened in their economies, often through explicit support for individual companies. This book explores debates about government intervention, assesses interventionist policies, including industrial and innovation policies, and examines in particular the key institutions which play a crucial role in implementing government policies and in building the bridge between the state and the private sector. The countries covered include China, India, South Korea, Malaysia and Taiwan, together with representative countries from Europe and Latin America.

Table of Contents

Introduction Edmund Terence Gomez, François Bafoil and Cheong Kee Cheok 1. Economic Liberalization and the Performance of Public Sector Enterprises in India Sunil Mani 2. The Chinese State, State Enterprises, and the Global Crisis Cheong Kee Cheok, Li Ran and Zhang Miao 3. The Creative Role of the State and Entrepreneurship: The Case of Taiwan Michelle F. Hsieh 4. South Korea: GLCs as Agents of Economic Development Jong G. Back 5. The State’s Business: Government-Linked Companies, the Financial Sector, and Socioeconomic Development in Malaysia Edmund Terence Gomez, Elsa Satkunasingam, and Lee Hwok Aun 6. Poland: A Systemic Transforming Process From State-Planned to Liberal Economy François Bafoil 7. Internationalization and a Competitiveness Agenda: Development Banks and Agencies Responses to the Financial Crisis in Brazil and ChileAlvaro Artigas

About the Editors

Edmund Terence Gomez is Professor of Political Economy in the Faculty of Economics and Administration, University of Malaya, Malaysia

François Bafoil is Senior Research Fellow at the CNRS, Sciences Po., France

Kee-Cheok Cheong is Senior Research Fellow at the Faculty of Economics and Administration, University of Malaya, Malaysia

About the Series

Routledge Malaysian Studies Series

The Routledge Malaysian Studies Series publishes high quality scholarship that provides important new contributions to knowledge on Malaysia. It also signals research that spans comparative studies, involving the Malaysian experience with that of other nations.

This series, initiated by the Malaysian Social Science Association (MSSA) to promote study of contemporary and historical issues in Malaysia, and designed to respond to the growing need to publish important research, also serves as a forum for debate on key issues in Malaysian society. As an academic series, it will be used to generate new theoretical debates in the social sciences and on processes of change in this society.

The Series covers a broad range of subjects including history, politics, economics, sociology, international relations, geography, business, education, religion, literature, culture and ethnicity. The series will encourage work adopting an interdisciplinary approach.

New proposals for the series are welcomed.  Prospective authors should in the first instance contact the series editors, whose email addresses are: [email protected][email protected]; and [email protected]


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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Development / Sustainable Development
SOCIAL SCIENCE / Ethnic Studies / General
SOCIAL SCIENCE / Regional Studies