This well-researched book examines the dramatic transformation of Southeast Asian countries from agricultural and mining economies to industrial nations.
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Edited by Rajah Rasiah and Johannes Dragsbaek Schmidt
Privatizing by Groping for Stones
Since the 1980s, there has been a global wave of transfer of state assets to private hands. China is a relatively late participant of this worldwide trend, yet, in the last decade it has emerged as one of the largest privatizing countries. Shu-Yun Ma argues that China’s privatization is not based on any grand blueprint; rather, it is privatization by ‘groping for stones to cross the river’, a well-known metaphor often attributed to Deng Xiaoping, meaning that the reform simply proceeds on a trial-and-error basis without being guided by any theory.
Political Conflict and Economic Integration
Edited by Jehoon Park, T. J. Pempel and Gérard Roland
This book is an objective analysis combining both ‘insider’ and ‘outsider’ (most notably US) perspectives of Northeast Asian regionalism. It also usefully applies regional integration theories to the realities of the Northeast Asian situation and presents policy options for regional integration.