The Political Economy of Developmental States in East Asia: South Korea, Singapore and Taiwan

This book explores the variations in the transformation of the Asian developmental state in South Korea, Singapore, and Taiwan, arguing that these variations are influenced by industrial structure and democratic transition. It concerns two concurrent political processes: the emergence of economic interest groups with varying levels of policy constraints on the state and the process of democratic transition driven by the rise of the middle class.

Format: Paperback / softback
Length: 238 pages
Publication date: 14 November 2021
Publisher: Springer Nature Switzerland AG

This captivating book delves into the intricate variations in the transformation of the Asian developmental state across South Korea, Singapore, and Taiwan. Drawing upon an original theoretical framework, the author compellingly argues that these variations are shaped by two fundamental factors: industrial structure and democratic transition, both intricately influenced by the strategic calculations of ruling elites to maintain their power. The theory revolves around two interconnected political processes that play pivotal roles during the states development journey. Firstly, it explores the emergence of economic interest groups, each with distinct levels of policy constraints imposed upon the state. Secondly, it sheds light on the process of democratic transition driven by the growing influence and aspirations of the middle class.

The book holds immense appeal to students and scholars engaged in the fields of Asian politics, development studies, political economy, and comparative politics. It offers a comprehensive and insightful exploration of the complex dynamics that have shaped these nations' economic and political landscapes, providing valuable insights into the broader regional and global dynamics of development.

Through meticulous research and analysis, the author unravels the intricate interplay between industrial structure, democratic transition, and the power dynamics of ruling elites. The book sheds light on the strategies employed by these elites to maintain their grip on power, while also examining the challenges and opportunities that arise from these processes. It provides a rich and nuanced understanding of the complex factors that contribute to the success and failure of developmental states in Asia, offering valuable lessons for policymakers and scholars alike.

In conclusion, this book is a must-read for anyone interested in exploring the complexities of Asian politics, development, and comparative politics. It offers a comprehensive and insightful perspective on the transformation of the Asian developmental state, providing valuable insights into the factors that shape these nations' trajectories and the challenges they face in the globalized world.

Weight: 336g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030593599
Edition number: 1st ed. 2021