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Regular version of the site
Master 2019/2020

State, Society and Economy in East Asia

Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Area of studies: Asian and African Studies
When: 2 year, 2 module
Mode of studies: offline
Instructors: Mikhail Karpov
Master’s programme: Socioeconomic and Political Development of Modern Asia
Language: English
ECTS credits: 3

Course Syllabus

Abstract

The course examines different forms of government intervention into economic life in East Asia and looks at the effects of such interventions on the patterns of economic growth. This part also introduces students to the theories of developmental state and evaluates the relevance of such theories for explaining current economic situation in East Asia. The course investigates the theoretical as well as practical aspects of the roles of the State as an agent of economic development in East Asian countries. The first part of the course focuses on the theoretical aspects of the relationship between the state and the economy. It highlights important institutional differences between developed and developing countries and explores the implications of those differences for the state-market connections. It then examines different forms of government intervention into economic life in East Asia and looks at the effects of such interventions on the patterns of economic growth. This part also introduces students to the theories of developmental state and evaluates the relevance of such theories for explaining current economic situation in East Asia. The second part of the course has empirical focus. It utilizes theoretical and historical material to analyze the evolution of state-economy relations in different East Asian countries, such as China, Japan, South Korea, Taiwan and others.
Learning Objectives

Learning Objectives

  • 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.
Expected Learning Outcomes

Expected Learning Outcomes

  • 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.
Course Contents

Course Contents

  • Socioeconomic Transformation in China
    Leninist Party-State: from anti-market utopia to the utopia of "transition to market".
  • State, Society in South Korea
    Half-hearted land reform, political authoritarianism and industrial breakthrough. Pros vs cons of financial liberalization and democracy.
  • State, Society and Economy in Japan
    The 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 Taiwan
    The "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 Economy
    An 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 Societies
    What 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 Asia
    Developmental State in East Asia: is there a model “developmental state” denoting specific kinds of State-Economy link? Has “developmental state” become irrelevant?
Assessment Elements

Assessment Elements

  • non-blocking Class attendance
  • non-blocking Participation at the class work
  • non-blocking Group discussion and readings
  • non-blocking Exam
Interim Assessment

Interim Assessment

  • Interim assessment (2 module)
    0.2 * Class attendance + 0.6 * Exam + 0.1 * Group discussion and readings + 0.1 * Participation at the class work
Bibliography

Bibliography

Recommended Core Bibliography

  • 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

Recommended Additional Bibliography

  • 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