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East Asia′s dynamic entrance into the global economy has provided a fruitful avenue for research in economic sociology. In this perceptive and timely volume, authors Nicole Woolsey Biggart, Gary G. Hamilton, and the late Marco Orru theorize Asian capitalism and analyze the economic organization of East Asia. Presenting differing dimensions of a Weberian perspective, the authors first provide a theoretical grounding, then consider capitalism in East Asia comparatively, and finally contrast the economies of East Asia and Europe. The Economic Organization of East Asian Capitalism shows how radically different social and cultural institutions can lead to economies that are organized and work in remarkably similar ways. This thought-provoking volume will be essential for students and professionals in the fields of political science, management, third world studies, sociology, international relations, international business, and cross-cultural studies.

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• Part 1 Theoretical Perspectives
• Explaining Asian Economic Organization
• Toward a Weberian Institutional Perspective
• On the Limits of a Firm-Based Theory to Explain Business Networks
• The Western Bias of Neoclassical Economics
• Varieties of Hierarchies and Markets
• An Introduction
• Part 2 Capitalism in East Asia
• Explaining Asian Business Success
• Theory No. 4
• Market, Culture, and Authority
• A Comparative Analysis of Management and Organization in the Far East
• Organizational Isomorphism in East Asia
• Patterns of Interfirm Control in Japanese Business
• Institutionalized Patrimonialism in Korean Busines
• Organization and Market Processes in Taiwan's Capitalist Economy
• Part 3 Comparative Analysis of Business Networks
• The Institutional Analysis of Capitalist Economies
• Institutional Cooperation in Japanese and German Capitalism
• The Institutional Logic of Small-Firm Economies in Italy and Taiwan
• Dirigiste Capitalism in France and South Korea

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CHOICE Review

For those interested in an in-depth application of the Weberian economic sociology (an interdisciplinary approach being developed by sociologists and institutional economists) to the analysis of the patterns of economic and business organizations in East Asian nations, this volume is a major reference resource. The first part of the book is devoted to the theoretical foundation of the approach and historical evolution of the Weberian perspective. The second part, the heart of the volume, applies the theory to the analysis of a particular blend of capitalism thriving in the postwar East Asian economies of Japan, South Korea, and Taiwan. In the last part of the book, the most interesting in terms of comparative analysis, the late Marco Orru makes original comparative study of three pairs of culturally and historically diverse nations: the cooperative network of business organizations of Japan and Germany; the institutional logic of small-firm economies of Taiwan and Italy; and lastly, dirigiste capitalism of South Korea and France. Most articles in the book have been published previously, but this collection provides a systematic and coherent analysis of this new approach and presents insight into the working of the dynamic economies of East Asia. Upper-division undergraduate through faculty. K. B. Lee Skidmore College