Search results for ""author john ravenhill""

The post-war growth of the East Asian economies is an unprecedented achievement in world economic history. The newly-industrializing countries of Hong Kong, the Republic of Korea, Singapore and Taiwan were first to emulate Japan's economic success; more recently, the People's Republic of China and several Southeast Asian countries have experienced extremely high rates of economic growth and rapid industrial transformation.This comprehensive six volume set brings together the best work published on the political economy of the East Asia region, including studies of Japan, Korea, Taiwan, China, Hong Kong, Singapore, Indonesia, Malaysia, Thailand and the Philippines. The collections will be welcomed by specialists in Asian studies, comparative politics, international political economy and economics.The series can be purchased either by title - each of which consists of two volumes - or as a complete six volume set.JAPANJapan's economic transformation in the postwar period occurred at an historically unprecedented pace. Rapid urbanization accompanied economic growth and brought major changes in the social and political systems.These authoritative volumes analyse the factors behind Japan's economic success and the consequences that it has had both for Japan's political system and for Japan's role in the global economy.Volume I focuses on the process of policy making in Japan, especially on the issue of the relative importance of the bureaucracy and its relations with other key actors. The second part of the volume contains the most important contributions to the debate on whether industrial policy was the principal reason for Japan's economic success.Volume II contains sections on industrial culture and organization that examine Japanese corporate systems, the role of flexible production, the unique nature of Japanese society and the advantages and drawbacks of Japan's industrial groupings, as well as the regulatory framework under which Japan's firms operate. The final readings focus on the question of whether Japan's trading pattern is abnormal for an economy of its level of development and natural resources, and how this pattern will evolve in the future.CHINA, KOREA AND TAIWANThis two volume set focuses on the political economy of Korea, Taiwan, China and Hong Kong four of the most rapidly growing countries in the contemporary world economy.The first chapters in this collection are comparative studies of the political economy of the newly-industrializing countries in general; these construct an East Asian 'model' as a tool for comparative analysis. Later comparative work reproduced in the first volume focuses specifically on Korea and Taiwan and is concerned with explaining the different evolution of state-society relations in these two countries. Among the subjects included are economic adjustment, financial systems, agriculture, trading companies, and policies on foreign direct investment and trade.The second part of Volume II consists of papers on the political economy of China since beginnings of the economic liberalization process in 1978. Besides reviewing the achievements of China in this period, the chapters discuss the continuing contradictions of market liberalization under the auspices of the Chinese Communist Party. The final papers in Volume II review the political economy of Hong Kong, how its economy has been shaped by government policies, and the increasing importance of economic links with mainland China.SINGAPORE, INDONESIA, MALAYSIA, THE PHILIPPINES AND THAILANDThis two volume set focuses on the political economy of five of the member states of ASEAN, the Association of Southeast Asian Nations.The readings document how Singapore has enjoyed consistently high rates of growth since the mid-1960s thanks to a mixture of liberal trade policies and judicious government intervention. By the early 1990s it per capita income had surpassed that of many Western European countries.Singapore was the only Southeast Asian country to be included in the original list of newly industrializing countries. In the decade after the mid-1980s, Indonesia, Malaysia and Thailand also all enjoyed very high rates of economic growth. Their recent success reflects the benefits, first, of policy reform that has reduced economic distortions and, second, of high levels of foreign direct investment from Northeast Asia. The readings identify some of the continuing struggles between proponents of liberalization and advocates of protectionism who have benefited from the patrimonial politics characteristic of these three countries.The reading on the fifth country in this volume, the Philippines, analyse how the country's development has been held back by the 'crony capitalism' of the Marcos years and by the failure to introduce measures that would reduce the power of the traditional landed elites.

Read more less

An expert team of international authors present a diverse and comprehensive selection of theories and issues, carefully brought together by experienced editor John Ravenhill. Crucially, debates are presented through a critical lens to encourage students to unpack claims, form independent views, and challenge assumptions. This text is the only introduction to global political economy that lets students learn from the very top scholars in the field. Now in its sixth edition, this highly successful textbook has been thoroughly updated with contemporary real word examples, including the impact of the Trump administration, Brexit, and economic nationalism. Furthermore, new analysis has been added on the international political economy of work, labour, and energy. This ensures that Global Political Economy is the most up-to-date and relevant textbook on the subject available. This book is supported by online resources designed to help students take their learning further.

Read more less

East Asia is a powerhouse of automobile production. Yet, across the region, national automobile industries have had strikingly different patterns of development. Despite starting from equally low levels of performance and initially similar strategies, countries have experienced vastly different results. From Thailand's success as an assembly hub for foreign automakers and China's unexpected achievements in building its own car industry, to South Korea's impressive development of an integrated industry, to the Philippines' persistent weakness, these divergent paths offer a fascinating window into the determinants of economic growth. The Political Economy of Automotive Industrialization in East Asia provides a political explanation for why development strategies and performance have been so uneven within one of the world's most important regions. Utilizing interviews and original-language research from multiple nations, this book explains that factors such as market size and neoclassical economic policies alone cannot explain these patterns of development. Richard F. Doner, Gregory W. Noble, and John Ravenhill instead highlight the significance of two sets of factors: countries' very different capabilities for implementing policies and the political forces that help to explain the emergence of effective institutions. Through cross-national analyses of China, Taiwan, South Korea, Indonesia, Malaysia, the Philippines, and Thailand, the book sets up a clear structure for understanding industrial development and how it enables or constrains the capabilities of domestic firms. Brief comparisons with Brazil, Mexico, and other developing countries confirm the utility of the analytic framework and demonstrate how it is superior both to accounts in mainstream economics and much of political science, which fail to give sufficient emphasis to the role of public and public-private institutions, or provide an explanation of the political bases of those institutions. In a world where auto assemblers and suppliers are facing new challenges in an ever-evolving industry--such as the transition to electric and autonomous vehicles--this book offers a crucial perspective on the centrality of institutional capacities and political economy. By tracing the divergent trajectories of seven nations, The Political Economy of Automotive Industrialization in East Asia offers lessons beyond the automobile industry that illustrate the broader importance of institutions to economic growth.

Read more less

The financial crisis that swept across East Asia during 1997–1998 was devastating not only in its economic impact but also in its social and political effects. The explosive growth and sociopolitical modernization that had powered the region for much of the preceding decade suddenly were dramatically interrupted. East Asia is economically outperforming the rest of the developing world once again and has become a leading force in the global economy. In the wake of the crisis, East Asia changed in important ways. Crisis as Catalyst contains assessments of these changes-both ephemeral and permanent- by a wide range of specialists in Asian economics and politics. The crisis, as the contributors to this volume show, catalyzed changes across political, corporate, and social arenas both in the countries hit hard by the crisis and in others throughout the region. The authors of Crisis as Catalyst examine what has changed (as well as what has not changed) in East Asia since the crisis, explain these variations, and reflect on the long-term significance of these developments.

Read more less