Emerging Capitalism in Central Europe and Southeast Asia: A Comparison of Political Economies

247 Pages·2014·3.36 MB·English

by  François Bafoil (auth.)

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Emerging Capitalism in Central Europe and Southeast Asia: A Comparison of Political
Economies
by François Bafoil, translated and revised by Michael O’Mahony and
John Angell
Emerging Capitalism in

Central Europe and
Southeast Asia
A Comparison of Political Economies
François Bafoil
Translated and revised by
Michael O’Mahony and
John Angell
emerging capitalism in central europe and southeast asia
Copyright © François Bafoil, 2014.
Softcover reprint of the hardcover 1st edition 2014978-1-137-38305-1
All rights reserved.
First published in French in 2012 as Capitalismes émergents: Économies
politiques comparées, Europe de l’Est et Asie du Sud-Est by Presses de
Sciences Po, Paris, France.
First published in English in 2014 by
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ISBN978-1-349-48032-6 ISBN978-1-137-38306-8 (ebook)
DOI 10.1057/9781137383068
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First edition: September 2014
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C O N T E N T S

List of Tables and Maps vii
List of Abbreviations ix
Introduction 1
One What Is an “Underdeveloped” State in Historical
Terms? 11
Two Political Capitalism and Market Economies 31
Three Patterns of Development in Southeast Asia 45
Four State Liberalism and Market Socialism:
A Comparison between Singapore and Vietnam 65
Five Cambodia: Political Capitalism and the
Prebendal State 87
Six The Improbable German Model: Lessons from
German Social and Economic Reunification 105
Seven I ndustrial Companies and Territories: The Reform
Process in Central and Eastern Europe 123
Eight Growing Capitalism: The Waves of Expansion in
the EU and ASEAN 143
Conclusion Hybrid Forms of Dependent Capitalism 169
Notes 181
Bibliography 219
Index 237
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T A B L E S A N D M A P S

Tables
1.1 Economic, social, and political data concerning
Southeast Asia 14
1.2 The social, economic, and political status of
East European countries 16
1.3 Population and per capita GDP of the Central
European and ASEAN countries 24
2.1 The varieties of capitalism 41
3.1 Average wages, work-time, and vacation allotments in
the Greater Mekong Subregion in 2008 57
3.2 Incentives in the special economic zones of the
Mekong region 58
4.1 Principle stages in the reforming Soviet-style economies 66
5.1 Development and labor organization in Sihanoukville
Port; Manhattan, Bavet; and Phnom Penh 96
7.1 Economic models at different periods in Europe and
Southeast Asia 140
C-1 S hare of foreign ownership in four strategic sectors
(in percentage) 172
C-2 Different forms of capitalism in Central and Eastern
Europe and Southeast Asia: Institutions and actors 176
Maps
1 Europe in 1914 7
2 Southeast Asia in 1914 8
3 Poverty in the Mekong Region 9
4 GDP per Inhabitant in EU27 10
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A B B R E V I A T I O N S

American Centre for International Labor Solidarity (ACILS)

ASEAN Free Trade Area (AFTA)

ASEAN Plus Three (APT)

Asian Development Bank (ADB)

Asian Economic Community (AEC)

Asian Pacific Economic Cooperation (APEC

Association of Southeast Asian Nations (ASEAN)

Authority for the Protection and Management of

Angkor and the Region of Siem Reap (APSARA)
Cambodian Investment Board (CIB)

Cambodian People’s Party (CPP)

Cambodian Rehabilitation and Development Board (CRDB)

Cambodian Special Economic Zone Board (CSEZB)

Central Institute for Economic Management CIEM

Christian Democratic Union (CDU)

Collectivized Farms (LPG)

Confederal Organization (DGB)

Council for the Development of Cambodia (CDC)

Corrupt Practices Investigation Bureau (CPIB)

Cross-border Trade Agreements (CBTA)

European Financial Stability Facility (EFSF)

European Neighborhood Policy (ENP)

European Union (EU)

Export-Oriented Industrialization (EOI)

Fabryka Samochodów Małolitrażowych (FSM)
Fabryka Samochodów Osobowych (FSO)

Federal Republic of Germany (FRG)

Foreign Direct Investment (FDI)

Garment Manufacturers Association in Cambodia (GMAC)