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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The East Asian Model: Transformation and Sustainability

The East Asian Model: Transformation and Sustainability

Kim, Hyungkee

Paperback

Series: Routledge Contemporary Asia

EconomicsGeneral Political ScienceGeneral Sociology

ISBN10: 1032365773
ISBN13: 9781032365770
Publisher: Routledge
Published: Aug 26 2024
Pages: 182
Weight: 0.64
Height: 0.43 Width: 6.14 Depth: 9.21
Language: English

Hyungkee Kim analyses the model of East Asian development as it existed during periods of high growth and how it was transformed by pressures from both the Washington consensus and its own internal contradictions.

Many have discussed the successes and failures of the East Asian model, but Kim is concerned rather with the story of its transformation, and its long-term sustainability. He uses a Five Sector Model, which focuses on the, state, corporate, financial, labour, and foreign sectors to identify the core of East Asian model and examine the variants in Korea, Japan and China. He also outlines the distinctions between the East Asian model and Western development models including the Anglo-American, Rhine, and Nordic models. He analyses in detail the institutional changes such as marketization, privatization, liberalization, and flexibilization that have transformed the East Asian model. Highlighting the major problems that emerged from the transformation of the East Asian model, Kim assesses its prospects for economic, social and ecological sustainability and proposes an agenda for institutional reforms.

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