This collection addresses the concept of the developmental state, which has emerged in the Asian context to account for the rapid economic transformation of certain countries. It considers the following key questions on this topic: to what extent are the practices identified as part of the 'developmental state' unique to Asia, and in what ways can a broader historical outlook of state-market relationships enrich the analysis of this concept? What transferable ideas can be gleaned from the Asian developmental state and what reasons underlie the prominence of 'embedded autonomy'?Given the continental scale and divergent political-institutional setups of China and India, the book considers whether the concept of the developmental state can shed light on the processes and prospects of their economic transformation, and whether the dynamic interaction between the central and local states undermines or promotes development programs. Also, with South Korea and Taiwan experiencingdemocratization and graduating from the catch-up phase, it examines to what extent they are still susceptible to the analysis of the developmental state.Re-examining this concept and assessing its value for the emerging economies of China and India, and its applicability to South Korea and Taiwan, the answers proposed in this volume have implications for the future of China, Asia, and the world order.

List of Figures and TablesAcknowledgements1. The Asian Developmental State: Ideas and Debates; Yin-wah Chu2. The Developmental State in an Era of Finance-Dominated Accumulation; Bob Jessop3. Beyond Embedded Autonomy: Conceptualizing the Work of Developmental States; Fred Block and Marian Negoita4. Embedding the Economy: the State and Export-led Development in Taiwan; Michelle F. Hsieh5. Towards a Platform Builder: the State's Role in Taiwan's Biopharmaceutical Industry; Jenn-hwan Wang6. Democratization, Emergence of the Knowledge-based Economy, and the Changing Developmental Alliances in South Korea and Taiwan; Yin-wah Chu7. Korea after the Developmental State; Iain Pirie8. The Chinese State and its Role in Shaping China's Innovation System; Erik Baark9. The Post-Socialist Path of the Developmental State in China; Alvin Y. So10. Changing Developmental-ness of the State - the case of China; Rebecca S. K. Li11. Is India a Developmental State?; Rahul Mukherji12. Indian State and its Capitalist Growth: Success of a Democracy with Multiple Challenges; Anil Kumar VaddirajuNotes on contributorsIndex