Title: Building Markets: Distributional Consequences of Social Policy in East Asia
Publisher: Edward Elgar Publishing Ltd
Publication Date: 2022
Language: English
ISBN 10: 1789901073
ISBN 13: 9781789901078
Binding: Hardcover
Condition: New

About this title

Synopsis

Nowhere in the world presents a more dramatic case of wealth creation than East Asia. Contrary to the common belief that social policy in the economic powerhouses of the region is secondary to their pursuit of economic growth, Gyu-Jin Hwang argues that it has in fact played an integral part in building strong states and competitive market economies.

Building Markets examines the original four Newly Industrialised Economies (NIEs) of East Asia: Hong Kong, Korea, Singapore, and Taiwan, as well as Japan, the regional forerunner in both economic and social terms. Chapters undertake a comparative analysis of the various social policy measures and redistributive efforts taken across a diverse range of social policy sectors in the region, covering cash transfers, healthcare, education, housing, and family policy. Addressing the mounting pressure on East Asian economies to rethink their growth strategies, Hwang concludes with a call for social means to be diverted, adapted, and converted to serve new social ends.

Integrating cutting-edge theoretical insights with detailed policy analysis, Building Markets will be an invaluable tool for academics and postgraduate students interested in social policy, economics, and development in East Asia.

About the Author

Gyu-Jin Hwang, School of Social and Political Sciences, University of Sydney, Australia

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