The Connections World: The Future of Asian Capitalism

A central feature of modern Asia that trumps differences in economic and political systems is the web of close relationships running between and within business and politics; the connections world. These networks facilitate highly transactional interactions yielding significant reciprocal benefits. Although the connections world has not as yet seriously impeded Asia's economic renaissance, it comes with significant costs and fallibilities. These include the creation and entrenchment of huge market power and the attenuation of competition. They in turn hold back the growth in productivity and innovation that will be essential for further development. The connections world also breeds massive inequalities that may culminate in political instability. The authors argue that if Asia's claim to the 21st century is not to be derailed, major changes must be made to policy and behaviour so as to cut away the foundations of the connections world and promote more sustainable economic and political systems.

Author: Simon Commander, Saul Estrin
Publisher: Cambridge University Press
Published: 10/27/2022
Pages: 342
Binding Type: Paperback
Weight: 1.10lbs
Size: 8.58h x 5.43w x 0.39d
ISBN13: 9781009169776
ISBN10: 1009169777
BISAC Categories:
- Business & Economics | Development | Economic Development
- Technology & Engineering | Television & Video