ABSTRACT

The relationship between government and business has become a central issue in East Asia since the financial crisis of 1997. As the Asian economies try to advance the reform process, recent scandals involving corruption and cronyism have demonstrated the ongoing significance of the issue. This edited book features a range of distinguished international specialists and explores the interaction between politics and business across the region. Detailed case-studies focus on Japan, China, South Korea, Malaysia, Thailand, Singapore and Indonesia. This is the first comprehensive introduction to government-business relations in the region and makes a significant contribution to our understanding of the problems faced by the Asian economies.

chapter |33 pages

Introduction

Political business in East Asia

chapter 1|28 pages

Development and corruption

The East Asian paradox

chapter 2|20 pages

Political business alliances

The role of the state and foreign and domestic capital in economic development

chapter 3|33 pages

Political business in Malaysia

Party factionalism, corporate development, and economic crisis

chapter 4|40 pages

KMT, Inc.

Liberalization, democratization, and the future of politics in business

chapter 5|27 pages

State predation and rapid growth

Politicization of business in China

chapter 8|51 pages

Democratization and economic crisis in Thailand

Political business and the changing dynamic of the Thai state