Revisiting East Asian Developmental State Model

  • Author: Hae Ran Lim
  • Publication Date: October / 2018
  • Publisher: SNUPRESS

This book revisits the East Asian developmental state model that has faced severe criticisms after the 1997 Asian crisis. The author first identifies new changes of international orders in the areas of production, trade, money, and finance, and then analyzes the limitations of East Asian developmental state model and suggests how the model should be revised to overcome amplifying conflicts and uncertainties in the new environment. The book emphasizes that the role of the state is still important for development but needs to be readjusted so that private-public cooperation be further strengthened. The suggestions of the book can also be applied to construct a new developmental state model for late-developing countries.