Emergent economies, divergent paths : economic organization and international trade in South Korea and Taiwan / Robert C. Feenstra, Gary G. Hamilton.

Format:

Book

Author/Creator:

Feenstra, Robert C., author.

Hamilton, Gary G., author.

Series:

Structural analysis in the social sciences ; 29.

Structural analysis in the social sciences ; 29

Language:

English

Subjects (All):

Korea (South)--Economic conditions.

Korea (South).

Taiwan--Economic conditions--1945-.

Taiwan.

Korea (South)--Commerce.

Taiwan--Commerce.

Physical Description:

1 online resource (xii, 462 pages) : digital, PDF file(s).

Place of Publication:

Cambridge : Cambridge University Press, 2006.

Language Note:

English

Summary:

The economies of South Korea and Taiwan in the second half of the twentieth century are to scholars of economic development what the economy of Britain in the late eighteenth and early nineteeth centuries is to economic historians. This book, first published in 2006, is a collaboration between a leading trade economist and a leading economic sociologist specializing in East Asia, and offers an explanation of the development paths of post-World War II Korea and Taiwan. The ambitions of the authors go beyond this, however. They use these cases to reshape the way economists, sociologists, and political scientists will think about economic organization in the future. They offer nothing less than a theory of, and extended evidence for, how capitalist economies become organized. One of the principal empirical findings is that a primary cause for the industrialization of East Asia is the retail revolution in the United States and the demand-responsiveness of Asian manufacturers.

Contents:

1. The problem of economic organization

2. Interpreting business groups in South Korea and Taiwan

3. A model of business groups : the interaction of authority and market power in the context of competitive economic activity

4. Economic organization in South Korea and Taiwan : a first test of the model

5. The origins of capitalist economic organization

6. The rise of intermediary demand : a reassessment of the "Asian miracle"

7. Global matching, demand responsiveness, and the emergence of divergent economies

8. Trade performance of South Korea and Taiwan : a second test of the model.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Includes bibliographical references (p. 419-454) and index.

ISBN:

1-107-14242-3

1-280-43684-0

0-511-16848-9

0-511-16742-3

0-511-16891-8

0-511-31231-8

0-511-49958-2

0-511-16797-0

OCLC:

171138319

Publisher Number:

9780521622097