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  • © 2017

Varieties of Capitalism in Asia

Beyond the Developmental State

Palgrave Macmillan
  • Explains how a particular type of capitalism has emerged in Asia, and how it in turn is changing the world.
  • Overcomes the divide between the Varieties of Capitalism and the developmental state literatures.
  • Offers a timely analysis given the rise of Asia and its centrality to the global economy, especially when faith in the Anglo-American model is fading

Part of the book series: Critical Studies of the Asia-Pacific (CSAP)

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xix
  2. Asia Amid the Varieties of Capitalism Debate

    • David Hundt, Jitendra Uttam
    Pages 1-21
  3. State and Society in Asian Capitalism

    • David Hundt, Jitendra Uttam
    Pages 23-38
  4. Entrepôt Capitalism in Hong Kong and Singapore

    • David Hundt, Jitendra Uttam
    Pages 117-147
  5. Asian Capitalism and the VoC Debate

    • David Hundt, Jitendra Uttam
    Pages 223-241
  6. Back Matter

    Pages 243-283

About this book

This book devises an innovative new way of explaining how socioeconomic orders shape capitalism in Asia. Hundt and Uttam go beyond both the ‘varieties of capitalism’ approach, which is mainly used to analyse Western capitalism, and the 'developmental state' thesis, which is the primary framework for analysing capitalism in Asia, and propose a new and innovative approach to the emergence of capitalist systems. Rather than focusing solely or predominantly on the state, they argue, it is necessary to bring society back in to an analysis of capitalism. The authors apply this approach to case studies from across the region: Japan; South Korea and Taiwan; Hong Kong and Singapore; Malaysia and Thailand; and India and China. This volume will appeal to historians, political scientists and economists, as well as policymakers, who are interested in the transformation of the Asian region since World War II.

Authors and Affiliations

  • Faculty of Arts and Education, Deakin University, Burwood 3125, Australia

    David Hundt

  • School of International Studies, Jawaharlal Nehru University, New Delhi, India

    Jitendra Uttam

About the authors

David Hundt is a Senior Lecturer in International Relations at Deakin University, in Melbourne, Australia. He has published extensively on international politics and political economy in the Asia–Pacific, and his work has a particular focus on Korean affairs. His is currently undertaking research into the Korean diaspora in Australia.


Jitendra Uttam is an Assistant Professor in Korean Studies at India’s Jawaharlal Nehru University in New Delhi. His recent publications include a book, The Political Economy of Korea: Transition, Transformation and Turnaround (2014), chapters and papers largely focused on political economy of Asia. He is working on ‘Catch-up Industrialization in Asia’.

Bibliographic Information

Buy it now

Buying options

eBook USD 89.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 119.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access