Postwar Development in the Asian NICs: Does the Neoliberal Model Fit Reality?

Brohman, John

doi:10.2307/144262

Cited by 47 publications

(10 citation statements)

References 74 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…These realities, however, differ from one historical moment to another and from one geographic setting to another. For example, whereas studies of Latin America have given rise to dependency theory, social science studies of Asia have similarly generated many important theoretical insights, some of which have been followed up in the recent literature on economic geography: (1) the flying geese hypothesis (Hart-Landsberg and Burkett 1998;Edgington and Hayter 2000); (2) the new international division of labor (Frobel, Heinrichs, and Kreye 1980;Henderson 1989); (3) the developmental state (Douglass 1994;Clark and Kim 1995;Brohman 1996;B.-G. Park 1998;Yeung 1999;Hsu and Cheng 2002); (4) social capital (Leung 1993;Hsing 1998;Yeung 1998c;Olds 2001a); and, more recently, (5) transnationalism (Mitchell 1995;Olds and Yeung 1999;Ley 1999;Hsu and Saxenian 2000;Yeoh and Chang 2001;Zhou and Tseng 2001;G. C. S. Lin 2002a;Ma and Cartier 2003).…”

Section: Situating Asia In Global Economic Geographiesmentioning

confidence: 99%

Theorizing Economic Geographies of Asia

Yeung¹,

Lin²

2017

Economy

View full text Add to dashboard Cite

Economic geographies of Asia are highly fascinating, not the least because Asia has increasingly emerged as a significant economic player in all spheres of global competition: production, consumption, and circulation. This dynamic mosaic of economic landscapes in Asia was further complicated during the 1997-1998 economic crisis and thereafter. While some aspects of these economic geographies of Asia have already received research attention, many complex economic geographic processes in Asia have been undertheorized in the literature. This agenda-setting article makes two critical observations. First, the theorization of dynamic economic changes in Asia needs to be more critical of economic geography theories developed elsewhere in the Anglo-American context. The Asian case may significantly challenge existing theories in economic geography. Second, certain geographic processes in Asia require fundamentally new approaches to theorization that may contribute to the development of broader theories in economic geography. The economic dynamism of Asia has provided a useful site for the development of theory and empirical understanding in contemporary economic geography. To support our arguments and observations, we discuss the situatedness and specificity of influential theories of economic geography and offer some constructive suggestions for an intellectual agenda for developing new theories in economic geography.

show abstract

Section: Situating Asia In Global Economic Geographiesmentioning

confidence: 99%

Theorizing Economic Geographies of Asia

Yeung¹,

Lin²

2017

Economy

View full text Add to dashboard Cite

show abstract

“…Some have argued that the newly industrialising countries (NIC) in Asia are examples of Listian Mercantilism (Brohman, 1996;Burmeister, 1990;Hoogvelt, 1990, White, 1988. As Brohman (1996, p.116…”

Section: State Control Is Not a New Conceptmentioning

confidence: 99%

The Asian Development Model and Mining Reforms in Indonesia

Passant¹,

McLaren²,

Silaen³

et al. 2015

AABFJ

View full text Add to dashboard Cite

The aim of this paper is to provide accounting, marketing, management, finance and legal professionals who are engaged with emerging economies with an introduction to the ' Asian Development Model' and to use the mining reforms in Indonesia as an example of the Model in operation. This will assist those professionals in recognising the challenges faced by businesses in Australia and New Zealand when governments in South East Asian countries attempt to 'catch up' to the developed world and at the same time attempt to spread the benefits of the development to their people.The paper argues that there is an Asian Development Model and that the Indonesian mining reforms, in particular the requirement over time for 51 percent Indonesian Government ownership and the ban on the export of unprocessed resources, represent an attempt by the Indonesian State to speed up industrialisation in their country and to spread more of the benefits from mining to ordinary citizens in the recently democratised and politically decentralised country. In attempting to show strength however, the Indonesian state is exposing some weakness. The impact on jobs, revenue and production has been adverse although Foreign Direct Investment has increased. This latter may be because it is foreign multinational mining companies who are better placed than local mining enterprises to build smelters. The success of developing mining might be at the expense of local capital. In other words state intervention does not always produce all of the desired outcomes. It is not a panacea. AbstractThe aim of this paper is to provide accounting, marketing, management, finance and legal professionals who are engaged with emerging economies with an introduction to the 'Asian Development Model' and to use the mining reforms in Indonesia as an example of the Model in operation. This will assist those professionals in recognising the challenges faced by businesses in Australia and New Zealand when governments in South East Asian countries attempt to 'catch up' to the developed world and at the same time attempt to spread the benefits of the development to their people. The paper argues that there is an Asian Development Model and that the Indonesian mining reforms, in particular the requirement over time for 51 percent Indonesian Government ownership and the ban on the export of unprocessed resources, represent an attempt by the Indonesian State to speed up industrialisation in their country and to spread more of the benefits from mining to ordinary citizens in the recently democratised and politically decentralised country. In attempting to show strength however, the Indonesian state is exposing some weakness. The impact on jobs, revenue and production has been adverse although Foreign Direct Investment has increased. This latter may be because it is foreign multinational mining companies who are better placed than local mining enterprises to build smelters. The success of developing mining might be at the expense of local capital. In other words state inter...

show abstract

“…Governments may have reduced expenditures dedicated to social spending and domestic market regulation, but increased spending to skew international markets in their favor (e.g., through subsidies, government services dedicated to export firms, and other measures). Present-day students of economic development note that governments can at times successfully intervene in domestic economic activity by bolstering exports or cultivating high value-added industries (Evans 1995;Brohman 1996). Such a development might be seen as a shift in a neoliberal direction if we understand government intervention to be limited to supplementing private firms that are deeply engaged with international market forces.…”

Section: Structure Of Government Spendingmentioning

confidence: 99%

Neoliberalism and Patterns of Economic Performance, 1980-2000

Cohen

Centeno²

2006

The ANNALS of the American Academy of Political and Social Scie

View full text Add to dashboard Cite

Neoliberal discourse often produces the impression that the world has undergone a wholesale shift toward laissez-faire and that this shift has produced economic prosperity. This article examines national economic data to discern the degree to which (1) governments have in fact retreated from the market and (2) countries have enjoyed increasing economic prosperity over a period in which they have supposedly been liberalizing. The evidence is mixed on both counts. Although international capital mobility and trade liberalism appears to have grown over the past two decades, there is little evidence of a broad scaling back of governments. Over the same period, countries have not experienced any appreciable improvement in growth, cross-national equality, employment, or national debt loads, although there is some evidence of improved price stability near the end of the 1990s.

show abstract

Postwar Development in the Asian NICs: Does the Neoliberal Model Fit Reality?

Cited by 47 publications

References 74 publications

Theorizing Economic Geographies of Asia

Theorizing Economic Geographies of Asia

The Asian Development Model and Mining Reforms in Indonesia

Neoliberalism and Patterns of Economic Performance, 1980-2000

Contact Info

Product

Resources

About