The book analyses and evaluates the development role and impact of the state in East Asia, in both capitalist (South Korea and Taiwan) and socialist (China) contexts. It makes use of new research data on the mechanisms and impact of state intervention in East Asian development and presents an original theory, taking issue with the conventional view that East Asian development reflects the power of market forces.

The book analyses and evaluates the development role and impact of the state in East Asia, in both capitalist (South Korea and Taiwan) and socialist (China) contexts. It makes use of new research data on the mechanisms and impact of state intervention in East Asian development and presents an original theory, taking issue with the conventional view that East Asian development reflects the power of market forces.