Miracle to Meltdown in Asia

Norman Flynn is currently Research Fellow at the London School of Economics. He was formerly Professor of Public Management at the City University of Hong Kong. He has consulting experience in China, Hong Kong, Sweden, Denmark, Norway, Bosnia, Bolivia, and Slovenia.

• INTRODUCTION ; 1. LESSONS FROM THE ASIAN CRISIS ; What sort of 'miracles'? ; How did the 'meltdown' happen? ; Why did it happen? ; Responses ; Lessons ; 2. EXPRESSIVE RELATIONSHIPS AND NETWORKS ; Challenged assumptions ; Expressive and instrumental ties ; Mixed ties and networks ; Implications ; 3. THE ECONOMY AND THE STATE ; Intervention and the market ; The 'developmental state' ; 'Good governance' ; The development of the debate ; Networks and economic development ; The end of rule by connections? ; 4. THE FINAL VICTORY OF GLOBALIZATION? ; Homogenization ; The supranational institutions ; The global market ; Globalization as power struggle ; What is left for the state? ; Global governance for a global economy? ; 5. DEMOCRACY, THE ECONOMY, AND THE CRISIS ; Democracy and the crisis ; Democracy and the economy ; Asian democracy? ; 6. THE FAMILY, THE COMPANY, AND THE STATE ; Rights and obligations ; Politics and culture ; explanations of 'Asian' ways of welfare ; The crisis ; vulnerability of the self-reliant society in market downturns ; 7. MANAGING THE NETWORK STATE ; Differences among states ; Trends before the crisis ; The crisis and public management ; Convergence ; the end of rule by connections? ; CONCLUSIONS ; Economy ; Politics ; Labour and welfare ; Managing the state ; After rule by force and rule by connections? ; Stability ; Global market rules?