Available From UC Press

A Comparative Study of East Asian Capitalism

Hong Yung Lee
This book is an initial attempt to compare China, Japan, and South Korea, three close geographical and cultural neighbors whose development trajectories, though previously divergent, have been moving more recently toward convergence. This edited volume examines similar institutions in similar functional areas within the three countries. To understand the findings, the authors suggest a working concept of "institutional templates," a framework that considers the ways in which each country is oriented toward authority, exchange, and networks. We hope that the book as a whole will demonstrate the intellectual utility of a broad comparative study of East Asian economic development.
Hong Yung Lee is professor emeritus of political science at the University of California, Berkeley. His reseach focuses on the states and economies of East Asia. He has edited several publications, including Korean Options in a Changing International Order (IEAS, 1993), Prospects for Change in North Korea (IEAS, 1994), and A Comparative Study of East Asian Capitalism (IEAS, 2014). Education: B.A., Yonsei University; Ph.D., University of Chicago
“The level of detail displayed and thorough coverage of the historic subtleties of economic development in each country must be applauded. The book provides an extremely useful insight and factual repository into the micromechanisms of many aspects of capitalism across East Asia.… [I]n that it more than satisfies its stated aim of alerting scholars to the urgent need for a comprehensive theory that can cover the remarkable economic performances of China, Japan, and South Korea, this book is a resounding success.”—Alison Hulme, Royal Holloway, University of London, Pacific Affairs 89, no. 2 (June 2016): 401–402.