Evolving state-business relations in an age of globalisation: An introduction

Lim, Guanie and Gomez, Edmund Terence and Wong, Chan-Yuan (2021) Evolving state-business relations in an age of globalisation: An introduction. Journal of Contemporary Asia, 51 (5, SI). pp. 697-712. ISSN 0047-2336, DOI https://doi.org/10.1080/00472336.2021.1934720.

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Abstract

This article introduces the feature section ``Evolving State-Business Relations in an Age of Globalisation'' in this issue of the journal. That feature section examines state-business relations across the Asian region, from South Korea to Turkey. It focuses on networked forms of co-ordination between state and non-state (or private) actors who collectively shape how an economy evolves. This article and those of the feature section deal with three inter-related questions. First, what is the contemporary nature of state-business relations, taking stock of historical and political contexts? Second, when there is regime change, how have these state-business relations evolved? Third, how, and to what extent, do the ties linking state and business actors generate opportunities and constraints for these economies? Four case studies are presented to illuminate shifting state-business relations in key Asian economies - Thailand, Turkey, South Korea and Malaysia. These studies reveal diverse modes of state-business relations, as well as why and how they have emerged, shaping in the process political and economic norms, while leading to industrialisation.

Item Type: Article
Funders: Global Asia Research Cluster and Nanyang Centre for Public Administration, Nanyang Technological University, Singapore
Uncontrolled Keywords: Asia; State-business relations; Industrial policy; Economic development; Developmental state
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: Faculty of Economics & Administration
Depositing User: Ms Zaharah Ramly
Date Deposited: 08 Apr 2022 04:39
Last Modified: 12 Apr 2022 07:02
URI: http://eprints.um.edu.my/id/eprint/27037

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