State & Economy in East Asia
- The key learning objectives of the course comprise rendering to the students fundamental theoretical (methodological) and practical (historic, political, politico-economic) knowledge about the dynamics of modernizing state-building process in East Asia and its repercussions on socio-political, socio-economic and socio-cultural dimensions of modernization in the region. The focus is state institutional integrity, it’s creation of modernization as well as economic growth factors, domestic socio-economic as well as foreign economic activities.
- After completing the course, the students are expected to be skilled in understanding and explaining the historic, political, cultural and institutional structure and dynamics of East Asian developmental states with regards to the agricultural, industrial and – at later stages of modernization – to financial and political (institutional) transformations, initiated by these states in late XIX-XX centuries.
- Socioeconomic Transformation in ChinaLeninist Party-State: from anti-market utopia to the utopia of "transition to market".
- State, Society in South KoreaHalf-hearted land reform, political authoritarianism and industrial breakthrough. Pros vs cons of financial liberalization and democracy.
- State, Society and Economy in JapanThe model of East-Asian post-war "miracles": Land reform, import substitution and export orientation. US role in the Japanese post-war institution building.
- Political Institutions and Economic Performance in TaiwanThe "miracle" of transformable party-state. KMT rule, land reform, state vs private sector in industrialization and export orientation. Transition to viable multi-party democracy
- The Roles of the State in Market EconomyAn Introductory review of the common trends of economic development in East Asia; possible explanatory factors of East Asian economic performance and the role of the State. Theoretical analysis of the roles of the State in economic development: theoretical models of neo-classical economics and their shortcomings; Washington consensus; market failures and the roles of the state in mature market economies
- State and Economy in Transition SocietiesWhat are the key institutional differences between underdeveloped and developed countries and what are the implications of those differences for the role of the state
- Developmental State in East AsiaDevelopmental State in East Asia: is there a model “developmental state” denoting specific kinds of State-Economy link? Has “developmental state” become irrelevant?
- Class attendance
- Participation at the class work
- Group discussion and readings
- Interim assessment (2 module)0.2 * Class attendance + 0.6 * Exam + 0.1 * Group discussion and readings + 0.1 * Participation at the class work
- Henry Wai-chung Yeung. (2017). State-led development reconsidered: the political economy of state transformation in East Asia since the 1990s. Cambridge Journal of Regions, Economy and Society, (1), 83. https://doi.org/10.1093/cjres/rsw031
- Huang, Y. (2000). Marie Lavigne, The Economics of Transition: From Socialist Economy to Market Economy. Journal of Comparative Economics, (2), 426. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.eee.jcecon.v28y2000i2p426.427
- Shin, K.-Y. (2019). Neo-liberal economic reform, social change, and inequality in the post-crisis period in South Korea. Asiatische Studien : Zeitschrift Der Schweizerischen Asiengesellschaft / Études Asiatiques : Revue de La Société Suisse-Asie, (1), 89. https://doi.org/10.5169/seals-823078
- The Relevance of the Concept of the Social Market Economy: Concluding Observations on the Contributions in this Special Issue. (2019). https://doi.org/10.18352/ulr.513
- Fortenbery, R., & Zapata, H. (2004). Developed speculation and underdeveloped markets——the role of futures trading on export prices in less developed countries. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.88AA2916