Bibliograph

The connections world, the future of Asian capitalism, Simon Commander, Saul Estrin

Type

Label

The connections world, the future of Asian capitalism, Simon Commander, Saul Estrin

Language

eng

Index

index present

Literary Form

non fiction

Main title

The connections world

Medium

electronic resource

Nature of contents

dictionaries

Oclc number

1300754041

Responsibility statement

Simon Commander, Saul Estrin

Series statement

Cambridge Social Sciences eBooks

Sub title

the future of Asian capitalism

Summary

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.--, Provided by publisher

Contributor