In: (Forthcoming 2015), Development After the Global Financial Crisis: The Emerging Post Washington, Post Bejing Consensus, 19 UCLA J.Int'L.L.& FOR.AFF posted on SSRN in advance of publication with the permission of JILFA.
This study explores the nature and evolution of China's developmental state through a detailed case study of the country's semiconductor industrial policy. China, since the 1980s, can be described as an entrepreneurial developmental state due to its prioritizing of economic growth and use of direct investment in its industries. The country's semiconductor industrial policy during the 1980s and 1990s fits neatly into this model due to the government's focus on developing national champions. With the failure of these projects, however, the government was forced to adopt the policies of a general developmental state and use indirect incentives to promote the growth of its IC (integrated circuit) industry. Several hybrid and foreign firms began to develop as a result of these policies. The Chinese government launched a new industrial policy in 2014 to revitalize its IC industry, indicating a return to the entrepreneurial state model. China established National IC Funds which amassed huge sums of money from the state budget and state-owned enterprises (SOEs). Close scrutiny of the investments of these funds reveals that 54% was risked on two national champions while the rest was diversified among more than 300 firms when accounting for indirect investment through investment companies. This diversification is representative of the investor state model. The recent bankruptcy and ensuing scandals suggest that China's entrepreneurial state suffers from serious deficiencies in its governance. This study concludes that the Chinese government should reconsider its development model and consider transforming itself into that of a more cautious investor state while improving its governance mechanisms.
Existing research on the role of the state in economic development tends to categorize the state as developmental or predatory according to how it makes decisions & allocates resources. However, this characterization does not capture the scenario where the state engages in activities that are beyond the developmental-predatory spectrum. State agents may make decisions & allocate resources neither for real development nor for predatory purposes, but to enhance their own image, leading to a waste of public resources. An exploration of this phenomenon promotes our understanding of the role a state may play. While irresponsible behavior among state agents may not be unique to a particular country, in the case of China, because of the country's political arrangements, local state agents have both incentive & opportunity for making irresponsible decisions & misusing resources. Adapted from the source document.
Have the characteristics of the Japanese state changed since the collapse of the international economic system of 'embedded liberalism 'that was constructed at the end of the Second World War? And, if so, in what respects? An examination of Japan's macroeconomic policy and the structure of public finances since the 1980s supplies an answer to these questions. Contrary to what is claimed in much of the extant literature, the Japanese state has clearly undergone significant transformation. Indeed, while the state has taken a lesser role in industrial policy and matters relating to the social domain (both historically significant areas of action in the developmental state model), the overall place of the state has grown, not shrunk, as it now assumes a greater (if less visible) role in preserving the stability of a liberalized, finance-driven market. In Japan, the characteristics of the state have considerably changed in both qualitative and quantitative terms, changes that can be described as a neoliberal hybridization of the developmental state model. Adapted from the source document.
In: Fleckenstein , T & Lee , S C 2018 , ' The Political Economy of Education and Skills in South Korea : Democratisation, Liberalisation and Education Reform in Comparative Perspective ' , PACIFIC REVIEW . https://doi.org/10.1080/09512748.2018.1443155
The success story of Korean economic development is intimately linked with the so-called developmental state; and education policy, as part of centrally orchestrated industrial policy, played a critical role in the country's rapid industrialisation, which allowed for high employment rates, relatively modest social inequality and remarkable social mobili-ty. However, the Korean success story has started to show 'cracks' – with labour market dualisation, rising inequality and 'over-education'. Whilst acknowledging the importance of the East Asian financial crisis as external shock for the Korean political economy, we suggest more fundamental problems in the socio-economic and socio-political underpin-nings of the developmental state and its education and skills formation system for un-derstanding how Korea's economic and education miracle turned into 'education infla-tion', skills mismatch and social polarisation.
This article reviews three important clusters of recent research on the comparative politics of the welfare state. The three clusters focus on political economy, gender & social policy, & the investigation of long-term developmental processes. The article argues that in each area there has been significant progress, & there are increasing opportunities for intellectual exchange across these clusters. Research in this important empirical subfield of comparative politics has been pluralistic & eclectic, both methodologically & theoretically. Overall, this stance has yielded substantial benefits. 82 References. Adapted from the source document.
학위논문 (석사) -- 서울대학교 대학원 : 국제대학원 국제학과(국제지역학전공), 2020. 8. 이영섭. ; 코트디부아르는 1960년대 초부터 구조적 변화 과정을 시작했습니다. 이 프로세스에 사용되는 정책은 여전히 효과적이지 않은 것으로 나타났습니다. 그동안 코트디부아르와 비슷한 역사적, 경제적 특성을 공유하고 있는 한국은 3년 만에 경제를 성공적으로 이관한 성공적인 산업정책을 이행했다. 대부분의 문헌은 한국산업정책이 규제국가를 통한 제품순환이론의 개발상태를 통해서만 이같은 이론을 따르고 있다고 주장했지만, 우리는 한국의 역동적인 이론을 주장하고 있다. 한국의 산업정책은 연합적 접근을 따르고 있다. 따라서 이 연구는 한국의 성공사례의 경우 산업화에 의한 구조적 변화를 이루기 위해 연합론이 사용되는 패턴이라고 가정하고 있다. 첫째, 선진국을 이끈 산업 정책의 주요 이론적 접근방식을 분석합니다. 둘째, 연합이론을 적용해 한국산업정책에서 수립된 정책의 패턴을 검토했다. 궁극적으로, 이 논문은 코트디부아르의 미래 국가 계획 개발을 위한 산업 정책을 촉진하기 위한 적절한 전략 교훈을 그립니다. 이 연구에 따르면 1960년부터 1980년까지 LE, SME, HCI와의 강력한 연합 이론이 한국의 산업 정책을 주도해 왔다는 사실이 밝혀졌습니다. 다양한 유형의 기업 내에서의 변화는 Cote d'Ivoire가 국가 주도 기업의 승진을 암시하고 강력한 정부는 더 많은 p 생산 적 부문으로 정책을 전환 할 것입니다. ; Cote d'Ivoire has started its process of structural change since the early 1960s. It turns out that the policies used for this process are still not effective. In the meantime, Korea, which is sharing certain similar historical and economic characteristics with Cote d'Ivoire, implemented within three decades a successful industrial policy that shifted successfully its economy. Whereas most of literature argued that the Korean Industrial Policy is following solely either the statist theory through developmental state either the product cycle theory through regulatory state, we are conducting this analysis by claiming that the dynamic of Korean Industrial policy is following a coalitional approach. Thus, this research is assuming that coalition theory is the pattern used to achieve the structural transformation by industrialization in the case of the Korean success story. First, we analyze the main theoretical approaches of industrial policies that led those advanced countries. Secondly, we applied the coalition theory to examine the pattern of the policy formulated in Korean industrial policy. Ultimately, this paper draws appropriate strategy lessons to promote industrial policy for the development of the future national plan in Cote d'Ivoire. The research found that a strong coalition theory with LEs, SMEs and HCIs, from 1960 to 1980, has led the industrial policy of Korea. The shifting within different types of enterprises is implying for Cote d'Ivoire the promotion of state-led companies and a strong government will to shift the policy towards more p productive sectors. ; CHAPTER ONE: GENERAL INTRODUCTION 1 1.0. Background of the study 1 1.1. Statement of the problem 2 1.2. Research objectives 5 1.3. Research questions and hypothesis 6 1.4. Scope of study and limitations 6 1.5. Research methodology 7 1.6. Significance of the study 9 CHAPTER TWO: LITERATURE REVIEW 11 2.0 Introduction 11 2.1. Definition of main concepts 11 2.1.1. Industrial Policy 11 2.1.2. Structural Transformation 14 2.1.3. Import substitution policy 15 2.1.4. Export-led policy 16 2.2. Theoretical frameworks of industrial policy 18 2.2.1. Developmental state 18 2.2.2. Regulatory State 24 2.2.3. Revisionist or Coalition Theory 27 2.2.4. Product Cycle Theory 33 2.3. Discussion on industrial policy 36 2.3.1. More requirements of industrial policy 36 2.3.2. Failure of european industrial policy 37 2.3.3. The non efficience of industrial policy for growth 38 CHAPTER THREE: ASSESSING ABOUT SOUTH KOREAN INDUSTRIAL POLICY FROM 1960 TO 1980 40 3.0. Introduction 40 3.1. Overview of Korean economic development 41 3.1.1. Per capita income rate from 1950 to 2015 43 3.1.2. Evolution of employement structure 45 3.1.3. Investment, domestic savings and foreign savings 46 3.2. Evolution of Korean industrial policy 47 3.2.1. Large Entreprises (LEs) from 1960 to 1970 49 3.2.2. Coalition with LEs from 60s to 70s 50 3.2.3. HCI from 70s 51 3.2.4. SMEs and LEs since 1980 53 3.2.5. Electronics Industry since 1990 54 3.3. Preliminar findings 56 CHAPTER FOUR : COTE D'IVOIRE INDUSTRIAL POLICY 59 4.0. Introduction 59 4.1. Evolution of ivorian Industrial policy 60 4.1.1 The phase of steady growth : 1960-1980 61 4.1.2. The cyclical growth phase: 1980-1999 63 4.1.3. The phase of socio-political crisis: 2000 to 2011 66 4.1.4. The phase of steady growth : 2012 to today 70 4.2. Comparison Cote d'Ivoire and South Korea 75 4.3. Conclusion and recommendations 81 CHAPTER FIVE: CONCLUSION AND RECOMMENDATIONS 84 5.0. Introduction 84 5.1. Findings from South Korean Industrial policy analysis 84 5.2. Policy implications for Cote d'ivoire industrial policy 85 5.3. Recomendations for further studies 86 5.4. General conclusion 87 REFERENCES 90 추상 94 ; Master
This chapter reviews family systems and developmental psychopathology, noting some aspects of the political /policy/practice context about the role of families in the development of psychopathology. To provide a focused account of family systems theory, it illustrates examples drawn primarily from the United States. After a brief historical look at how these theories have changed over time, the chapter illustrates how family systems and family risk factors approaches can be applied to the understanding of developmental psychopathology. It examines how family processes are implicated in explaining what happens when nonclinical families go through major life transitions, both expected and unexpected. The chapter then shows how formulations from a family systems or family risk factor perspective can provide value-added information, both in predicting the trajectories people follow in their journeys toward or away from diagnosed disorders, and in planning interventions for those at risk or distressed.
Contemporary Southeast Asia is a diverse region that is fully integrated into the world economy. Its eleven constituent countries are distinct with unique historical, political, economic, and cultural configurations – as such, they develop unevenly within, and respond accordingly to, the evolution of the global capitalist system. This chapter provides a survey of literatures, themes and debates that have significantly contributed to the study of Southeast Asia from the discipline of international political economy (IPE). It shows how specific IPE scholarship about Southeast Asia since the 1950s have been framed within the general theories of development (i.e., modernization and dependency) and capitalism (i.e., neoclassical economics, historical institutionalism, and social conflict approach). In particular, the areas of inquiry of these competing perspectives - either in the analysis of individual countries or the region as a whole -revolve around the issue of the relationship between the state, market, and society. ; peerReviewed
Getting growth going is hard and rare -- History as prologue -- Dictators build and sustain pro-growth coalitions -- Dictators incite domestic capitalists to invest -- Selective interventions in rice agriculture -- The state and industrial development -- Technological upgrading -- Democrats, democratic developmental states and growth -- Democracy and corruption -- Lessons from IMT for the rest
The progress of development -- Development theory in the postwar period -- State-led development in practice -- The neoclassical answer to failure -- Neoclassical reform in practice -- Development theory in the wake of structural adjustment -- The end of the developmental state -- The end of development, or a new beginning? -- Conclusion -- Suggested readings -- Index -- About the book
Even the most ardent advocate of neo-classical economics would admit that the state has a role to play in the economy, especially in the provision of public goods. In reality, many states in the South do not have the capacity to perform even the minimal functions that neo-liberal economists advocate, much more of a developmental state. Many scholars attribute the effective implementation of policies to state capacity. However, the concept of state capacity is one step ahead. Institutions have to be put up to transform an "incapable" state into a "capable" one. The transformation experiences of Third World countries vary and, in many of them, have been problematic. Some have succeeded while others failed. The paper introduces the concept of reformative state which is described as the state´s receptivity to and capability to adopt change. The success rate of adopting new policies becomes higher when the state reaches its reformative status. What accounts for the rise of reformative state and under what circumstances does receptivity to change occurs? The article provides a discourse of the current literature on the reform process. The primary aim is to advance a framework for inquiry which will aid scholars and policymakers understand what delays or speeds up the state´s receptivity to reform. The proposed framework combines both the agent and structure approaches and assumes that their interaction is dialectic.