Description
Book SynopsisThis book analyzes the institutional underpinnings of East Asia''s dynamic growth by exploring the interplay between governance and flexibility. As the challenges of promoting and sustaining economic growth become ever more complex, firms in both advanced and industrializing countries face constant pressures for change from markets and technology. Globalization, heightened competition, and shorter product cycles mean that markets are increasingly volatile and fragmented. To contend with demands for higher quality, quicker delivery, and cost efficiencies, firms must enhance their capability to innovate and diversify. Achieving this flexibility, in turn, often requires new forms of governancearrangements that facilitate the exchange of resources among diverse yet interdependent economic actors. Moving beyond the literature''s emphasis on developed economies, this volume emphasizes the relevance of the links between governance and flexibility for understanding East Asia''s explosive econo
Table of ContentsIntroduction: Governance and Flexible Production in East Asia Frederic C. Deyo and Richard F. Doner Chapter 1: Sources of Success in Uncertain Markets: The Taiwanese Footwear Industry Lu-lin Cheng Chapter 2: Flexibility under Unorganized Industrialism? The Experience of Industrial Restructuring in Hong Kong Tai Lok Lui and Stephen W. K. Chiu Chapter 3: Governance and Flexibility: The East Asian Garment Industry Richard P. Appelbaum and David A. Smith Chapter 4: Dynamic Flexibility and Sectoral Governance in the Thai Auto Industry: The Enclave Problem Frederic C. Deyo and Richard F. Doner Chapter 5: Catching Up and Postcrisis Industrial Upgrading: Searching for New Sources of Growth in Korea's Electronics Industry Dieter Ernst Chapter 6: Politics, Institutions, and Flexibility: Microelectronics Transnationals and Machine Tool Linkages in Malaysia Rajah Rasiah Chapter 7: Flexible Production, High-Tech Commodities, and Public Policies: The Hard Disk Drive Industry in Singapore Poh-Kam Wong Conclusion: Network Governance, Flexibility, and Development amid Crisis Frederic C. Deyo, Richard F. Doner, and Eric Hershberg