TY  - BOOK
AU  - Commander,Simon
AU  - Estrin,Saul
TI  - The connections world: the future of Asian capitalism 
SN  - 9781009169783 (ebook)
AV  - HD69.S8 C66157 2022
U1  - 384.55/4095 23/eng/20220228
PY  - 2022///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Business networks
KW  - Asia
KW  - Capitalism
KW  - Economic conditions
N1  - Title from publisher's bibliographic system (viewed on 11 Oct 2022)
N2  - A central feature of modern Asia that trumps differences in economic and political systems is the web of close relationships running between and within business and politics; the connections world. These networks facilitate highly transactional interactions yielding significant reciprocal benefits. Although the connections world has not as yet seriously impeded Asia's economic renaissance, it comes with significant costs and fallibilities. These include the creation and entrenchment of huge market power and the attenuation of competition. They in turn hold back  the growth in productivity and innovation that will be essential for further development. The connections world also breeds massive inequalities that may culminate in political instability. The authors argue that if Asia's claim to the 21st century is not to be derailed, major changes must be made to policy and behaviour so as to cut away the foundations of the connections world and promote more sustainable economic and political systems
UR  - https://doi.org/10.1017/9781009169783
ER  -