Hostname: page-component-74656f9884-qr5l4 Total loading time: 0 Render date: 2026-11-04T01:48:00.406Z Has data issue: false hasContentIssue false
  • English
  • Français

The Adaptive Developmental State in East Asia

Published online by Cambridge University Press:  24 March 2016

Joseph Wong
Rights & Permissions [Opens in a new window]

Extract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the 'Save PDF' action button.

In 1997, several of Asia's economies collapsed and the international community was called in to help mend the ailing region. The crisis attracted a great deal of attention among both the scholarly and policy communities. At that time, it seemed that the Asian miracle had come to an abrupt end. Places such as South Korea enjoyed a prosperous run though suffered a dubious demise. Later developers in Southeast Asia and China, having just emerged from out of the starting gate, quickly stalled in their attempts to ride the wave of Asia's postwar economic dynamism. Fortunately, things would not remain dour for too long. Some countries, such as Taiwan and Japan, made it through the crisis relatively unscathed. Both China and South Korea quickly rebounded. Southeast Asian countries, such as Malaysia, Indonesia, and Thailand, adapted and have consequently begun new growth trajectories. In the end, it seemed that the most severe and lasting casualty of the 1997 crisis was the East Asian developmental state model itself. To be sure, the more recent literatures on East Asian political economy have taken a sharp turn, wherein terms like “booty capitalism” and “crony capitalism” have quickly come to replace more laudatory titles such as the “East Asian Miracle.”

References

Notes

Thanks to Edward Friedman, Byung-Kook Kim, Louis Pauly, Ito Peng, Richard Sandbrook, and Victor Shih, along with the anonymous reviewer, for their very constructive comments on earlier drafts of this article.Google Scholar

1. Haggard, Stephan, The Political Economy of the Asian Financial Crisis (Washington, D.C.: Institute for International Economics, 2000); Pempel, T. J., ed., The Politics of the Asian Financial Crisis (Ithaca: Cornell University Press, 1999).Google Scholar

2. Chin, Ko-Lin, Heijin: Organized Crime, Business, and Politics in Taiwan (Armonk, N.Y.: M. E. Sharpe, 2003); Kang, David, Crony Capitalism: Corruption and Development in South Korea and the Philippines (Cambridge, U.K.: Cambridge University Press, 2002); Hutchcroft, Paul, Booty Capitalism: The Politics of Banking in the Philippines (Ithaca: Cornell University Press, 1998); World Bank, The East Asian Miracle: Economic Growth and Public Policy (New York: Oxford University Press, 1993).Google Scholar

3. Skocpol, Theda, “Bringing the State Back In: Strategies of Analysis in Current Research.” In Evans, Peter, Rueschemeyer, Dietrich, and Skocpol, Theda, eds., Bringing the State Back In (Cambridge, U.K.: Cambridge University Press, 1985).Google Scholar

4. Toynbee, Arnold, The Industrial Revolution ([1884] rpt., Boston: Beacon Press, 1964); List, Friedrich, National System of Political Economy, Book II, The Theory ([1885] rpt., Roseville, Calif.: Dry Bones Press, 1999); Gerschenkron, Alexander, Economic Backwardness in Historical Perspective (Cambridge, Mass.: Harvard University Press, 1962).Google Scholar

5. Bensel, Richard Franklin, The Political Economy of American Industrialization 1877–1900 (Cambridge, U.K.: Cambridge University Press, 2000).Google Scholar

6. Cardosa, Fernando Henrique and Faletto, Enzo, Dependency and Development in Latin America (Berkeley: University of California Press, 1979).Google Scholar

7. Johnson, Chalmers, “The Developmental State: Odyssey of a Concept.” In Woo-Cumings, Meredith, ed., The Developmental State (Ithaca: Cornell University Press, 1999).Google Scholar

8. Samuels, Richard, The Business of the Japanese State: Energy Markets in Comparative and Historical Perspective (Ithaca: Cornell University Press, 1987); Dore, Ronald, Flexible Rigidities: Industrial Policy and Structural Adjustment in the Japanese Economy, 1970–1980 (Stanford, Calif.: Stanford University Press, 1986); Johnson, Chalmers, MITI and the Japanese Miracle (Stanford, Calif.: Stanford University Press, 1982).CrossRefGoogle Scholar

9. Noble, Gregory, Collective Action in East Asia: How Ruling Parties Shape Industrial Policy (Ithaca: Cornell University Press, 1998); Woo, Jung-En, Race to the Swift: State and Finance in Korean Industrialization (New York: Columbia University Press, 1991); Wade, Robert, Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization (Princeton, N.J.: Princeton University Press, 1990); Amsden, Alice, Asia's Next Giant: South Korea and Late Industrialization (Oxford, U.K.: Oxford University Press, 1989); Deyo, Frederic, ed., The Political Economy of the New Asian Industrialism (Ithaca: Cornell University Press, 1987).Google Scholar

10. Woo-Cumings, Meredith, ed., The Developmental State (Ithaca: Cornell University Press, 1999); Evans, Peter, Embedded Autonomy: States and Industrial Transformation (Princeton, N.J.: Princeton University Press, 1995); Wu, Yu-Shan, Comparative Economic Transformations: Mainland China, Hungary, the Soviet Union and Taiwan (Stanford, Calif.: Stanford University Press, 1994); Haggard, Stephan, Pathways from the Periphery: the Politics of Growth in Newly Industrializing Countries (Ithaca: Cornell University Press, 1990); Gereffi, Gary and Wyman, Donald, eds., Manufacturing Miracles: Paths of Industrialization in Latin America and East Asia (Princeton, N.J.: Princeton University Press, 1990).Google Scholar

11. Amsden, , Asia's Next Giant. Google Scholar

12. Ibid.Google Scholar

13. Johnson, , “Odyssey,” p. 48.Google Scholar

14. Wade, , Governing the Market. Google Scholar

15. Goodman, Roger, White, Gordon, and Kwon, Huck-Ju, eds., The East Asian Welfare Model: Welfare Orientalism and the State (London: Routledge Press, 1998).Google Scholar

16. Holliday, Ian, “Productivist Welfare Capitalism: Social Policy in East Asia,” Political Studies 48 (2000).Google Scholar

17. Haggard, Stephan, “Institutions and Growth in East Asia,” Studies in Comparative International Development 38 (2004).CrossRefGoogle Scholar

18. Evans, Peter and Rauch, James, “Bureaucratic Structure and Bureaucratic Performance in Less Developed Countries,” Journal of Public Economics 75 (January 2000).Google Scholar

19. Cheng, Tun-Jen, “Political Regimes and Development Strategies: South Korea and Taiwan.” In Gereffi, and Wyman, , eds., Manufacturing Miracles. Google Scholar

20. Evans, , Embedded Autonomy. Google Scholar

21. Wade, , Governing the Market. Google Scholar

22. Wade, , Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization , 2nd ed. (Princeton, N.J.: Princeton University Press, 2003), preface.Google Scholar

23. Evans, Peter, “State Structure, Government-Business Relations, and Economic Transformation.” In Maxfield, Sylvia and Schneider, Ben Ross, eds., Business and the State in Developing Countries (Ithaca: Cornell University Press, 1997).Google Scholar

24. Campbell, John and Ikegami, Naoki, The Art of Balance in Health Policy: Maintaining Japan's Low Cost, Egalitarian System (Cambridge, U.K.: Cambridge University Press, 1998), p. 111.CrossRefGoogle Scholar

25. Prescott, Nicholas, ed., Choices in Financing Health Care and Old Age Security (World Bank Discussion Paper No. 392, 1998), p. 8.CrossRefGoogle Scholar

26. Diamond, Larry and Plattner, Marc, eds., Democracy in East Asia (Baltimore: Johns Hopkins University Press, 1998; Morley, James, ed., Driven by Growth: Political Change in the Asia-Pacific Region, Revised Edition (Armonk, N.Y.: M. E. Sharpe, 1999).Google Scholar

27. Evans, Peter, “State-Structure,” p. 84.Google Scholar

28. Wong, Joseph, Healthy Democracies: Welfare Politics in Taiwan and South Korea (Ithaca: Cornell University Press, forthcoming 2004), chap. 8.Google Scholar