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The Emergence of Developmental States from a New Institutionalist Perspective

A Comparative Analysis of East Asia and Central Asia

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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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Appendix A: Code system research project Emerging Market Economies

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Actors International Organizations Major players in the economy Political decision makers Background information Information on activities of company/organization of interviewee Information on interviewee Economic Outlook Functioning of state-owned companies Functioning of the market economy Ease of doing business Accountability of private actors Corporate Governance Relationship with owners/shareholders Financing of companies Education and vocational training Industrial Relations Wage-setting process Employer Associations Unions Inter-Firm Relations Relationship with clients Relationship with suppliers Relationship with competitors Intra-Firm relations Openness of markets Possibility of foreign take-over Competition Openness of markets for new domestic competitors Openness to cross border trade Openness to FDI Welcomed in all sectors No Yes Industry-specific information Other Services Natural Resources Financial Sector Kazakhstan Participation State-business nexus Information exchange Organizations Decision making power of bureaucrats/lower ranking politicians Absolutely no independence Limited independence Path Dependency Cultural Legacy Soviet legacy 326 Role of the state Reference Model Foreign reference China India Mercantilist Fully eclectic East Asia in general Taiwan Malaysia Singapore Japan South Korea Western Countries Turkey Russia No similarities to other countries Objectives of state intervention Consistency of economic policy Constraints for political decision makers Institutions and Organizations of the public administration Accountability of Government/ Bureaucratic actors No answer Ambiguous answer Accountable toward the public Rather No Rather Yes Accountable toward superiors Rather No Rather Yes Transparency of state action Promotion Process Recruitment Process Predictability of state action Macroeconomic steering and industrial policy Price controls Promotion of long-term commitment Promotion of specific sectors Diversification Macroeconomic steering capability Monetary policy and stability Rule of...

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