The Rise of Ersatz Capitalism in South-East Asia
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Author Description
This book by a leading expert considers the growth of an inefficient superlayer in Southeast Asian economies and assesses the problems that this poses for future economic development. Yoshihara argues that as technological backwardness, the low quality of government intervention, and discrimination against those of Chinese descent have prevented capitalism from stimulating development, there has emerged a brand of ersatz capitalism very different from the capitalism in Japan and the West. He goes on to offer recommendations for creating a dynamic capitalism while acknowledging that obstacles to their implementation exist in current Southeast Asian social and political systems.
Menrva's Summary
THE THESIS
This book investigates the emergence of 'ersatz capitalism' in Southeast Asia and the structural impediments preventing the region from achieving the dynamic economic growth seen in Japan and the West. Kunio Yoshihara, a recognized expert in regional economic development, utilizes a comparative framework to analyze the intersection of technological stagnation, ineffective state intervention, and systemic ethnic discrimination. He argues that these factors have fostered an inefficient economic superlayer that hinders long-term prosperity and modernization.
THE SCOPE MAP
What You Will Find
- Comparative analysis of economic systems in Southeast Asia versus Japan and Western nations
- Examination of the impact of ethnic discrimination against Chinese-descendant populations on market efficiency
- Evaluation of government intervention policies and their role in technological development
- Proposed policy recommendations for transitioning toward a more dynamic and competitive capitalist model
THE AUTHORITY PERSPECTIVE
Experts frequently cite this work as a foundational text for understanding the structural challenges inherent in Southeast Asian economic development. Readers often note the analytical rigor Yoshihara applies to the intersection of political systems and market performance.
Page Count:
0
Publication Date:
1988-01-01
Publisher:
Oxford Univ Pr
ISBN-10:
019588888X
ISBN-13:
9780195888881
Economics
New Used & Rental Textbooks
Southeast Asia
Capitalism
