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The Post-Socialist Path of the Developmental State in China

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The Asian Developmental State

Abstract

By the end of the 1970s, the economic success of the East Asian newly industrializing economies (NIEs), especially Taiwan and South Korea, was increasingly interpreted as dependent in important ways on the active involvement of the state. Amsden (1985, 1989) and Wade (1990) pointed to the central role of the state in the rapid industrialization of Taiwan and South Korea. Soon after, a new developmental state paradigm, which argues that all successful cases of “late industrialization” have been associated with a significant degree of state intervention, emerged to challenge the neoclassical, neoliberal vision of East Asian growth in terms of economic benefits of trade liberalization, private enterprise, and a restricted role of the state (Öniş 1991).

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© 2016 Yin-wah Chu

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So, A.Y. (2016). The Post-Socialist Path of the Developmental State in China. In: Chu, Yw. (eds) The Asian Developmental State. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137476128_9

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