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Beyond the East-West Dichotomy: Economic Development Policies in Asia and Europe

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Public Policy in the 'Asian Century'

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Abstract

A key aspect of the Asian century discourse is the developmental state model. The chapter investigates the extent to which this model resembles similar models in Europe and whether it is an efficient model of economic governance in a post-industrial economy. The development state is sustained by specific political and cultural features typical to the countries where it has proven most successful, such as Japan and Korea, and therefore is not likely to function in other contexts. The chapter suggests that the development state model is most efficient in an industrial economy but will be less successful in post-industrial economies.

Endemic (adj.),.

Regularly found among particular people or in a certain area.

Functional (adj.),.

The way in which something works or operate.

Oxford Dictionary.

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Pierre, J. (2018). Beyond the East-West Dichotomy: Economic Development Policies in Asia and Europe. In: Bice, S., Poole, A., Sullivan, H. (eds) Public Policy in the 'Asian Century'. International Series on Public Policy . Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-60252-7_13

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