The Rise of "The Rest": Challenges to the West from Late-Industrializing Economies

So, Alvin Y.; Amsden, Alice H.

doi:10.2307/3089111

Cited by 35 publications

(58 citation statements)

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“…It also requires strengthening (or creating) state-owned financial institutions to operate as arms of public policy, supporting the green transition. These relationships can better support industrial policies, regional integration, economic diversification, environmental sustainability and distributive outcomes (Amsden, 2001;Reinert et al, 2018).…”

Section: Fiscal Monetary and Financial Policiesmentioning

confidence: 99%

From Climate Change to Sustainable and Inclusive Economies: A Policy Agenda

Saad‐Filho

Feil

2023

Critical Sociology

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Climate change and neoliberalism are threat multipliers: they combine risks, increase instability and penalise disproportionately poor countries and poor people by virtue of their greater vulnerability disruption. This article examines the complex relationships between neoliberalism and climate change, and outlines a democratic economic strategy (DES) to address the transition from neoliberalism to a more dynamic, progressive and egalitarian system of accumulation, and the ‘green’ transition from unsustainable fossil fuel-dependent patterns of production to more diversified and sustainable economies. Both transitions must be pursued immediately, rather than gradually, separately or sequentially, for reasons of efficiency, consistency and legitimacy: the green transition will carry heavy costs and bring difficult political and economic challenges. Public support to address them will be forthcoming only through a shared commitment to transcend the destructive, polluting, exclusionary and income-concentrating logic of neoliberalism. DES offers a pathway to address these challenges and build sustainable and democratic economies.

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Section: Fiscal Monetary and Financial Policiesmentioning

confidence: 99%

From Climate Change to Sustainable and Inclusive Economies: A Policy Agenda

Saad‐Filho

Feil

2023

Critical Sociology

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“…While conditionality is regrettably rarely a concern within CPE scholarship, the topic was at the center of a stimulating academic debate among scholars focusing on the political economy of development. The work of Alice Amsden on performance standards provides particularly important insights in this regard (Amsden, 2001;Amsden and Hikino, 2000). Amsden argues that the successful industrial upgrading in countries like South Korea, Malaysia, or China depends on the capacity by domestic state elites to create control mechanisms to discipline corporate behavior.…”

Section: The Centrality Of Conditionalitymentioning

confidence: 99%

“…Quantitative approaches can and should be complemented with qualitative in-depth studies covering specific instances of state support to large corporate actors that are relevant from an analytical point of view due to the large size of the disbursement or the strategic nature of the companies involved (Amsden, 2001). For instance, qualitative analyses of the annual reports of large corporate recipients could help in understanding whether the conditions agreed upon to obtain state resources effectively impacted corporate strategies.…”

Section: The Centrality Of Conditionalitymentioning

confidence: 99%

No strings attached: Corporate welfare, state intervention, and the issue of conditionality

Bulfone

Ergen

Kalaitzake

2022

Competition & Change

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This paper contributes to Comparative Political Economy (CPE) by developing an analytical concept of corporate welfare. Corporate welfare—the transfer of public funds and benefits to corporate actors with weak or no conditionality—is a prominent form of state-business relations that CPE scholarship regularly overlooks and misinterprets. Such transfers should be understood as a structural privilege of business in a globalized post-Fordist capitalism, and an increasingly common strategy through which states attempt to steward national economic dynamism within a highly constrained range of policy options. However, without a well-developed concept of corporate welfare—premised upon the key criterion of conditionality—studies that identify a “return” of the state in industrial planning misrepresent these transfers to business as a reassertion of state influence and control, rather than a reflection of state weakness and subordination. The paper provides the analytical building blocks to properly conceptualize transfers to business, works out the core challenges for empirical research, and provides empirical illustrations of this burgeoning phenomenon from the fields of unconventional monetary policy, privatization, and urban political economy.

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“…This literature significantly influenced subsequent work on late development and growth miracles (Amsden, 1992;World Bank, 1993;Rowen, 1998;Oi, 1999;Doner et al, 2005). In the policy domain, the governments of many developing countries, particularly those in East and Southeast Asia, sought to learn and adapt lessons from Japan's export-oriented developmental strategy (Haggard, 1990;Amsden, 2001). Theoretical approaches developed from careful study of Japanese economic institutions during this era shaped literatures that remain widely influential to this day.…”

Section: Economic Transformationmentioning

confidence: 99%

Japan: the harbinger state

Lipscy

2022

Japanese Journal of Political Science

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Why study Japan? Research on contemporary Japanese politics and foreign policy faces headwinds from the relative geopolitical decline of Japan and scholars skeptical about single-country studies. An overview of Japanese politics publications in English-language journals over the past four decades suggests the subfield remains active and robust. However, there is still room to grow. I argue that Japan is a harbinger state, which experiences many challenges before others in the international system. As such, studying Japan can inform both scholars and policymakers about the political challenges other countries are likely to confront in the future. In turn, scholarship on Japan offers a critical opportunity to develop theoretical insights, assess early empirical evidence, and offer policy lessons about emerging challenges and the political contestation surrounding them. I consider the reasons why Japan so often emerges as a harbinger across issue areas and suggest areas for ongoing scholarly attention.

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The Rise of "The Rest": Challenges to the West from Late-Industrializing Economies

Cited by 35 publications

References 0 publications

From Climate Change to Sustainable and Inclusive Economies: A Policy Agenda

From Climate Change to Sustainable and Inclusive Economies: A Policy Agenda

No strings attached: Corporate welfare, state intervention, and the issue of conditionality

Japan: the harbinger state

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