Ersatz Capitalism and Industrial Policy in Southeast Asia: A Comparative Institutional Analysis of Indonesia and Malaysia

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This book applies and develops the concept of “ersatz capitalism” in the analysis of industrial policy blockades to economic development in Malaysia and Indonesia. Drawing on insights from international political economy, development studies, industrial and innovation policy, and new institutionalism to refer to a specific type of capitalism, the book analyzes different paths and institutions of economic development within the entire East Asian region. Comprehensive theoretical insights are complemented by empirical case studies that relate to country and sectoral studies – the automotive and ICT industries – in Malaysia and Indonesia. Applying contemporary research on international political economy to refer to a specific type of capitalism, the author examines how conflicts of interest between factions of state apparatus, associations, and companies contribute to the failure of developmental policies. The unique combination of theory formation and empirical analysis provides a novel approach to international comparative research on capitalism. The book will be of interest to researchers in the fields of international political economy, development studies, new institutionalism, East Asian and Southeast Asian studies, and industrial and innovation policy.

Author(s): Fabian Bocek
Series: Routledge Studies in the Growth Economies of Asia
Publisher: Routledge
Year: 2022

Language: English
Pages: 262
City: London

Cover
Half Title
Series Page
Title Page
Copyright Page
Table of Contents
List of Illustrations
List of Abbreviations
Chapter 1 Introduction
Chapter 2 Theoretical framework of ersatz capitalism
Chapter 3 Research design and methods
Chapter 4 Varieties of ersatz capitalism in Malaysia
Chapter 5 Case study of Malaysia’s automotive industry development
Chapter 6 Case study of Malaysia’s ICT industry development
Chapter 7 Varieties of ersatz capitalism in Indonesia
Chapter 8 Case study of Indonesia’s automotive industry development
Chapter 9 Case study of Indonesia’s ICT industry development
Chapter 10 Conclusion
Appendix 1: List of interviews
Appendix 2: Interview guidelines
Index