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Table of Contents
Varieties of Capitalism in Asia; Acknowledgements; Contents; Abbreviations; List of Figures; List of Tables; 1 Asia Amid the Varieties of Capitalism Debate; 1.1 Capitalism in Asia After WWII; 1.2 A New Approach to Analysing Asian Capitalism; 1.3 Understanding Embeddedness; 1.4 Structure of the Book; Notes; 2 State and Society in Asian Capitalism; 2.1 The Developmental State in Retrospect; 2.2 The Varieties of Capitalism and Asia; 2.3 The Social Origins of Asian Capitalism; 2.3.1 The Socioeconomic Base of Capitalism; 2.3.2 Capitalist Institutions and Social Embeddedness
2.3.3 The Politics of Economic Regimes3 Japan's Collective Capitalism and the Origins of the Asian Model; 3.1 The Transformation of Capitalism in Japan; 3.1.1 The Notion of Collective Capitalism; 3.1.2 How Much Transformation?; 3.2 The Socioeconomic Base of Collective Capitalism; 3.2.1 The Rise of Mercantilism; 3.3 Capitalist Institutions in Japan; 3.3.1 The Significance of Land Reforms; 3.3.2 Big Business and the Financial Sector; 3.3.3 The Ruling Party and the Bureaucracy; 3.3.4 The Role of Labour; 3.3.5 The Embeddedness of Collective Capitalism; 3.4 Economic Policy and Strategy
3.4.1 Opening Up?3.4.2 Industrial Policy; 3.4.3 Monetary and Fiscal Policy; 3.4.4 Financial-Sector Policy; 3.4.5 Science and Technology Policy; 3.4.6 Labour Market Policy; 3.5 Conclusion; Note; 4 Confucian Capitalism: 'Organised from the Top' in Korea and 'Reorganised from the Bottom' in Taiwan; 4.1 Shared Historical Context and the Development of Capitalism; 4.1.1 Impact of Chinese Cultural Flows; 4.1.2 Colonialism, Land Reform, and the Cold War; 4.2 The Making of Confucian Capitalism; 4.3 Structural-Institutional Dynamics; 4.3.1 Societal Institutions; 4.3.2 State Institutions
4.3.3 Bureaucratic-Technocratic Institutions4.3.4 Financial Institutions; 4.3.5 Labour Institutions; 4.4 Economic Policy and Strategy in Korea; 4.4.1 Exchange Rate and Trade Policies; 4.4.2 Financial Repression and Deregulation; 4.4.3 Science and Technology Policy; 4.5 Taiwan's Economic Policy and Strategy; 4.5.1 Exchange Rate and Trade Policies; 4.5.2 Savings, Financial Repression, and FDI; 4.5.3 Science and Technology Policy; 4.6 Conclusion; Notes; 5 Entrepôt Capitalism in Hong Kong and Singapore; 5.1 The Development of Entrepôt Capitalism; 5.1.1 Quality of Governance
5.1.2 Coexistence of State and Market5.2 The Socioeconomic Base of Entrepôt Capitalism; 5.2.1 Embedding Entrepôt Capitalism in Society; 5.2.2 A Conservative Style of Embedded Capitalism; 5.3 Two Variants of Entrepôt Capitalism; 5.3.1 State Capitalism in Singapore; 5.3.2 Hong Kong's Liberal Capitalism; 5.3.3 Social Responses to Entrepôt Capitalism; 5.4 Economic Policy and Strategy in Singapore and Hong Kong; 5.4.1 Industrial Policy; 5.4.2 Science and Technology Policy; 5.4.3 Free Trade Agreements and Increasing Interdependence; 5.5 Conclusion
2.3.3 The Politics of Economic Regimes3 Japan's Collective Capitalism and the Origins of the Asian Model; 3.1 The Transformation of Capitalism in Japan; 3.1.1 The Notion of Collective Capitalism; 3.1.2 How Much Transformation?; 3.2 The Socioeconomic Base of Collective Capitalism; 3.2.1 The Rise of Mercantilism; 3.3 Capitalist Institutions in Japan; 3.3.1 The Significance of Land Reforms; 3.3.2 Big Business and the Financial Sector; 3.3.3 The Ruling Party and the Bureaucracy; 3.3.4 The Role of Labour; 3.3.5 The Embeddedness of Collective Capitalism; 3.4 Economic Policy and Strategy
3.4.1 Opening Up?3.4.2 Industrial Policy; 3.4.3 Monetary and Fiscal Policy; 3.4.4 Financial-Sector Policy; 3.4.5 Science and Technology Policy; 3.4.6 Labour Market Policy; 3.5 Conclusion; Note; 4 Confucian Capitalism: 'Organised from the Top' in Korea and 'Reorganised from the Bottom' in Taiwan; 4.1 Shared Historical Context and the Development of Capitalism; 4.1.1 Impact of Chinese Cultural Flows; 4.1.2 Colonialism, Land Reform, and the Cold War; 4.2 The Making of Confucian Capitalism; 4.3 Structural-Institutional Dynamics; 4.3.1 Societal Institutions; 4.3.2 State Institutions
4.3.3 Bureaucratic-Technocratic Institutions4.3.4 Financial Institutions; 4.3.5 Labour Institutions; 4.4 Economic Policy and Strategy in Korea; 4.4.1 Exchange Rate and Trade Policies; 4.4.2 Financial Repression and Deregulation; 4.4.3 Science and Technology Policy; 4.5 Taiwan's Economic Policy and Strategy; 4.5.1 Exchange Rate and Trade Policies; 4.5.2 Savings, Financial Repression, and FDI; 4.5.3 Science and Technology Policy; 4.6 Conclusion; Notes; 5 Entrepôt Capitalism in Hong Kong and Singapore; 5.1 The Development of Entrepôt Capitalism; 5.1.1 Quality of Governance
5.1.2 Coexistence of State and Market5.2 The Socioeconomic Base of Entrepôt Capitalism; 5.2.1 Embedding Entrepôt Capitalism in Society; 5.2.2 A Conservative Style of Embedded Capitalism; 5.3 Two Variants of Entrepôt Capitalism; 5.3.1 State Capitalism in Singapore; 5.3.2 Hong Kong's Liberal Capitalism; 5.3.3 Social Responses to Entrepôt Capitalism; 5.4 Economic Policy and Strategy in Singapore and Hong Kong; 5.4.1 Industrial Policy; 5.4.2 Science and Technology Policy; 5.4.3 Free Trade Agreements and Increasing Interdependence; 5.5 Conclusion