Authoritarian Capitalism : Sovereign Wealth Funds and State-Owned Enterprises in East Asia and Beyond
Book Details
Format
Hardback or Cased Book
Book Series
Business and Public Policy
ISBN-10
1316510115
ISBN-13
9781316510117
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 26th, 2018
Print length
328 Pages
Weight
646 grams
Dimensions
16.10 x 24.50 x 2.70 cms
Ksh 17,800.00
Manufactured on Demand
0 in stock
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Quality
Fast
Since 1945, the liberal-democratic model spread across the globe, ultimately prevailing over communism. Today, a new statist-authoritarian model is on the rise. Rather than rejecting capitalism, authoritarian leaders harness it to uphold their rule. Anyone interested in understanding how this process is unfolding will be interested in this book.
Since 1945, the liberal-democratic model of capitalism spread across the globe, ultimately prevailing over communism. Over the past two decades, a new statist-authoritarian model has begun diffusing across East Asia. Rather than rejecting capitalism, authoritarian leaders harness it to uphold their rule. Based on extensive research of East Asia's largest corporations and sovereign wealth funds, this book argues that the most aggressive version of this model does not belong to China. Rather, it can be found in Malaysia and Singapore. Although these countries are small, the implications are profound because one-third of all countries in the world possess the same type of regime. With an increasing number of these authoritarian regimes establishing sovereign wealth funds, their ability to intervene in the corporate sectors of other countries is rapidly expanding.
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