The Rise of Ersatz Capitalism in South-East AsiaThis book by a leading expert considers the growth of an inefficient superlayer in Southeast Asian economies and assesses the problems that this poses for future economic development. Yoshihara argues that as technological backwardness, the low quality of government intervention, and discrimination against those of Chinese descent have prevented capitalism from stimulating development, there has emerged a brand of ersatz capitalism very different from the capitalism in Japan and the West. He goes on to offer recommendations for creating a dynamic capitalism while acknowledging that obstacles to their implementation exist in current Southeast Asian social and political systems. |
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American Asian AWSJ Bangkok Bank Banking Corp became began Berhad born in China born in Fukien brother bumiputra capitalists cars cement chairman Cheng Chinese Chuan cigarette commercial bank construction controlling interest died director diversified Dutch early economic example export factory father finance foreign capital Fukien Genting Highlands group of companies heads Hokkien Holdings Hong Kong Hotel import Indonesia Industries investment involved Jakarta Japan Java joint venture Jose Kuala Lumpur largest late later licence Liem Liem Sioe Liong major Malaya Malaysia Manila manufacturing Marcos Melaka merchant motor vehicle Negeri Sembilan OCBC operation organized Pacific Pacific War Penang Pertamina Philippines plantations political post-war period pre-war period production property development real estate References region rice rubber Seng shareholder Siam Singapore South-East Asia started steel Suharto Tan Siew Sin Textile Mills Thai Thailand Tiong trading company