Description
Book SynopsisIn Entrepreneurial States, an innovative examination of the comparative politics of reform in stakeholder systems, Yves Tiberghien analyzes the modern partnership between the state and global capital in attaining structural domestic change. The emergence of a powerful global equity market has altered incentives for the state and presented political leaders with a golden bargainthe infusion of abundant and cheap capital into domestic stock markets in exchange for reform of corporate governance and other regulatory changes. Drawing on extensive archival research and interviews with policy and corporate elites in Europe and East Asia, Tiberghien asks why states such as Korea and France have embraced this opportunity and engaged in far-reaching reforms to make their companies more attractive to foreign capital, whereas Japan and Germany have moved forward much more grudgingly.
Interest groups and electoral institutions have their impacts, but by tracing the unfolding dynami
Trade Review
Yves Tiberghien, a professor of political science at he University of British Columbia, examines the comparitive politics of reform in stakeholder systems in this book. Tiberghien analyzes the modern partnership between the state and global capital in attaining structural domestic change, looking at how Korea, France, Japan undertake reforms differently. Drawing on extensive archival research and interviews with policy and corporate elites in Europe and East Asia, Tiberghien asks why states such as Korea and France have embraced this opportunity and engaged in far-reaching reformsto make their companies more attractive to foreign capital, wheres Japan and Germany have moved forward much more grudgingly.
* The Korea Herald *
