Alternative Perspectives on Late Industrialization in East Asia: A Critical Survey

Paul Burkett and Martin Hart-Landsberg
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Paul Burkett: Department of Economics, Indiana State University, Terre Haute IN 47809; Department of Economics, Lewis and Clark College, Portland OR 97219 ecburke@scifac.indstate.edu
Martin Hart-Landsberg: Department of Economics, Indiana State University, Terre Haute IN 47809; Department of Economics, Lewis and Clark College, Portland OR 97219 marty@lclark.edu

Review of Radical Political Economics, 2000, vol. 32, issue 2, 222-264

Abstract: This paper evaluates the five most popular analytical approaches to the East Asian "miracle" economies: neoliberal, structural-institutional, "flying geese," Greater China, and dependency perspectives. Distinguishing between national and regional development visions, we specify the key forces that each approach sees driving industrialization and growth, as well as the most likely barriers each sees to continued growth and development in East Asia. In pointing out the main analytical shortcomings of the five perspectives in light of the East Asian crisis, we sketch some key elements of a Marxist framework capable of overcoming these difficulties in a politically useful way.

Keywords: East Asia; Industrialization; Growth; Marx; Economic crisis (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:32:y:2000:i:2:p:222-264

DOI: 10.1177/048661340003200203

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