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The Emergence of Developmental States from a New Institutionalist Perspective

A Comparative Analysis of East Asia and Central Asia

Series:

Manuel Stark

This book addresses the relevance of institutional arrangements in East Asian developmental states for the Central Asian countries. It is argued that the Central Asian transition countries share crucial similarities with the economies of East Asia. By a detailed analysis of historical developments in Northeast and Southeast Asia, a coherent and comprehensive model of the developmental state on the basis of the New Institutional Economics is developed in this book. This model is applied to Central Asia by a comparative study on the basis of semi-structured interviews that were carried out in Kazakhstan and Uzbekistan. Both Central Asian countries show notable similarities but also crucial differences to the East Asian developmental states.

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List of Abbreviations

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BOT Board of Trade (Japan) CEPD Council for Economic Planning and Development (Taiwan) CIS Commonwealth of Independent States EBRD European Bank for Reconstruction and Development EDB Economic Development Board (Singapore) ENRC Eurasian Natural Resource Company (Kazakhstan) EPB Economic Planning Board (South Korea) ESB Economic Stabilization Board (Japan) FIC Foreign Investor’s Council (Kazakhstan) GATT General Agreement of Tariffs and Trade GLC Government-linked Company HCIA Historical and Comparative Institutional Analysis HICOM Heavy Industries Corporation of Malaysia HPAEs High-performing Asian Economies IDB Industrial Development Board (Taiwan) KMT Kuomintang LDP Liberal Democratic Party of Japan MCI Ministry of Commerce and Industry (Japan) MITI Ministry of International Trade and Industry (Japan) NIE New Institutional Economics NJPPCC National Joint Public and Private Sector Consultative Committee (Thailand) XIV NPE New Political Economy OECD Organization for Economic Cooperation and Development PAP People’s Action Party (Singapore) QCA Qualitative Content Analysis SCAP Supreme Commander for the Allied Powers UMNO United Malays National Organization

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