In the aftermath of the Asian financial crisis of the late 1990s, international financial institutions suggested various neoliberal quick-fix solutions for reforming economic management within East Asian countries. This book brings together scholars of political economy, law and sociology to interrogate the seemingly unproblematic notions - the rules of law, good corporate governance, and flexible labour market - that inform neoliberal policy prescriptions. It also discusses how these concepts have been translated and practiced in East Asia, exploring the philosophical and empirical bases of the suggested solutions and examining the extent to which they have been followed.
Author(s): Meredith Woo-Cumings
Edition: 1st
Year: 2007
Language: English
Pages: 304
Cover......Page 2
Contents......Page 7
List of Figures......Page 9
List of Tables......Page 10
Foreword......Page 11
Preface......Page 13
Acknowledgements......Page 17
Notes on the Contributors......Page 18
List of Abbreviations and Acronyms......Page 20
1 After the Miracle: Neoliberalism and Institutional Reform in East Asia......Page 23
PART I: LAW......Page 55
2 Ideology, Experience, and the Rule of Law in Developing Societies......Page 57
3 Asia’s Legal Systems in the Wake of the Financial Crisis: Can the Rule of Law Carry any of the Weight?......Page 85
PART II: BUREAUCRACY AND INDUSTRIAL POLICY......Page 111
4 Re-engineering the Developmental State in an Age of Globalization: Taiwan in Defiance of Neoliberalism......Page 113
5 Developmentalism as Political Culture and Liberalization in France......Page 144
PART III: LABOUR......Page 165
6 Asian Regimes and the Labour Contract......Page 167
7 Continuity and Change in Welfare State and Production Regimes in Advanced Industrial Societies......Page 202
PART IV: GOVERNANCE OF THE PRIVATE SECTOR......Page 235
8 The Korean Corporate Governance System: Before and After the Crisis......Page 237
9 Institutionalizing Creative Destruction: Predictable and Transparent Bankruptcy Law in the Wake of the East Asian Financial Crisis......Page 260
F......Page 303
N......Page 304
Z......Page 305
