Since the 1960s, the Asian Tigers have combined economic success and autocratic politics. Now in the wake of a daunting financial crisis, these nations are moving toward political change as well as renewed growth. What direction will these changes take? Will the traditional Asian "development state" give way to the American model of market liberalism?

This book explores the complex transitions under way in China, Japan, South Korea, and Taiwan, as the leaderships shift their economic and political relationships in order to survive in the global economy. Written by a team of international scholars in political science, economics, international relations, and Asian studies, this book illuminates the significant changes in the political economies of the major Asian states.

Xiaoming Huang teaches at the Victoria University of Wellington.

Preface

Introduction

Between the State and the Market: The Problem of Transition in East AsiaXiaoming Huang

Part I The New Market Conditions

Market Liberalisation and the Problem of Governance in South KoreaKwan S. Kim

Insitutional Adaptation Under Pressure: China's Changing Economic EnvironmentShiping Zheng

Part II The New Political Conditions

China's Aimless StatePeter Harris

The Japanese State: Surviving Neoliberal Political EconomySeiji Endo

Part III The New State-Market Nexus

Contested State and Competitive State: Managing the Economy in a Democratic TaiwanXiaoming Huang

Macroeconomic Dilemmas and Alternative State Strategies: The Post-Developmental State of TaiwanStephen P. Green

Part IV The New Global Conditions

Global Dynamics and the Insitutional Flaws of East Asian GovernanceChristopher Lingle

Global Capitalism in Crisis: The East Asian Problem in a Wider ContextHarry D. Shutt

Conclusion

Beyond the State and the Market: The Primacy of Human InterestXiaoming Huang

Appendixes

BibliographyIndex