Over the last twenty-five years, there has been an acceleration in the move from government regulation towards privatization. Governance, Regulation, and Privatization in the Asia-Pacific Region is the first thoroughgoing account of the relative success of the different approaches to privatization as undertaken in Korea, China, Australia, and Japan. In most contexts, privatization is expected to yield greater efficiency and cost effectiveness while avoiding the corruption and bloated budgets of government regulation or monopoly control. But broad-scale privatization, if ill designed, has also yielded its share of difficulties in East Asia. Privatization sometimes has created a vacuum in corporate governance for some of the region's most important industries and in some cases merely reinstated the monopoly-like configurations. The papers presented in this book discuss the experiences of privatization in several industries, including railroad and telecom, corporate governance problems, accounting issues, and challenges for the future in East Asian countries. The first section is theoretical in nature and proposes boundaries among government protection, market freedom, and shareholder expectations. The second part is constituted by country case studies, beginning with an analysis of both the Korean financial crisis that followed its 1997 law to privatize large, public sector corporations and the new ways Korean corporations finance themselves. Following is an evaluation of China's approach to privatization, with an in-depth look at the financial transitions of companies slated for initial public offering. Providing provocative examples of the methods of privatization in the Asia-Pacific region specifically, these papers will be of huge import to any economist or policymaker interested in transposing those successes for their own region.

'This book is an excellent reference on the state of port reform throughout the Asia-Pacific region. While there have been a number of articles in recent years on port reform in Australia, China, Hong Kong, Korea and Singapore, much of the Asia-Pacific region has been overlooked. This book not only rectifies this gap by providing much needed insight into the situation in India, Japan, Malaysia, and New Zealand, while also consolidating the work already completed elsewhere. With the rise of Asia as the world's most important shipping and port market, the editors are to be commended for bringing new voices to the discussion and developing a strong contribution to the port reform and port governance literature.' - Mary R. Brooks, Dalhousie University, Canada

]IGovernance in the Asia-Pacific is a student-friendly textbook which examines the governance of nation states in this diverse and rapidly-changing region. It sets out the range of political beliefs and styles that flourish and the similarities and differences between individual states and the ways in which they choose to govern. Wide-ranging in scope and clearly written to help students get to the bottom of important issues, the book addresses many key areas including: * the Anglo-American powers * Japan * independence movements * the politics of economic development * social movements * the politics of the environment * the pressures for political change in the region. And these issues are all analysed within the broad context of governance in the Asia-Pacific more generally. The authors also identify factors which explain the political underpinning of the dramatic economic development in the region.

Exploring the thorny issues of industrial organisation, competition policy and liberalization in the Asia-Pacific region, this book examines the ways in which governments regulate business. Using case studies from China, the USA, New Zealand, Thailand, Malaysia and Japan, the authors take a comparative look at the evolution of policies and their implementation on the ground. With a specific focus on the energy, transport and telecommuncations sectors, this book represents the most up-to-date analysis of the ways in which governments in the Asia-Pacific are coping with rapid industrial and economic change.

(...) Dobson, Wendy: Business networks in East Asia. Diversity and evolution. Petri, Peter A.: Markets, competition and restructuring in the 1990s. Lin, Justin Yifu: State intervention, ownership and state enterprise reform in China. Trebilcock, Michael J.: The evolution of competition policy. Lessons from comparative experience. Bollard, Alan; Vautier, Kerrin M.: The convergence of competition law within APEC and the CER agreement. Lloyd, P. J.: Competition policy in APEC. Principles of harmonisation. Wu Rong-I; Chu Yun-Peng: Trade and competition policy. Pupphavesa, Wisarn: Competition regulation and policy in Thailand. Janow, Merit E.: Policy approaches to economic deregulation and regulatory reform. Ure, John; Vivorakij, Araya: Telecommunication and privatisation in Asia. Chujoh, Ushio; Yamauchi, Hirotaka: Japan's air transport policy at a crossroad. Naidu, G.: Power sector reform in Malaysia. Privatisation and regulation. Vikitset, Thiraphong: Liberalisation and privatisation of the Thai power sector. Issues and perspectives. (...).

This book explores the theoretical and empirical relationship between democracy and governance in the Asia-Pacific region. Examining a variety of country cases and themes addressing the theoretical tension between governance and democracy, it illuminates how this impacts political and civil societies across the region. Analysing the character, structure and current trajectories of polities in the Asia-Pacific, democratic or otherwise, this book demonstrates that the role of civil society, political society and governance has significantly differed in practice from what has been commonly assumed within the international community. The book includes both theoretical investigations tracing the modern development of the concepts of governance, development and democratization as well as regional and country-specific observations of major issues, presenting comprehensive country-level studies of China, Singapore, Thailand, Cambodia, the Philippines, Myanmar, Fiji and the Solomon Islands. Presenting fascinating insight into non-democratic governance, civil society and the rule of law in illiberal contexts, Governance and Democracy in the Asia-Pacific will prove to be of great use to students and scholars of Asian politics and society, as well as international and comparative politics.

. . . an extremely interesting collection, full of insights and institutional detail. . . The book definitely deserves the attention of those interested in one of the most debated issues of the last 20 years in economics and political science. Herb Thompson, Journal of Contemporary Asia Deregulation and its Discontents examines the different ways in which the issues related to deregulation and reregulation have been addressed in Asia. The role of government in business has gone through distinct, if overlapping, cycles: regulation, deregulation and reregulation. However, little is known about deregulation and even less about reregulation, particularly in relation to Asia. The contributors to this book examine the links between the cycles through detvailed analyses of the electricity market, pensions and stock markets in the Asia Pacific. They also offer an explanation of regulatory cycles. This unique and inter-disciplinary book is thoroughly accessible and will be suitable for specialist as well as non-specialist readers. It will appeal to academics and researchers of public sector economics, Asian studies and the political economy of Asia in particular as well as public officials dealing with regulatory issues.

Written by some of the most well-known people in governance, the book details good governance practices in the Asia-Pacific, arguably the most vibrant region in the world today.

The seminar for which the papers in this publication were prepared was the first in a series of workshops intended to link senior public policy researchers from around the Pacific Rim in order to open up channels of communication through which researchers from Asia Pacific nations can exchange views on problems and reforms in the area of governance and public sector management. Paper titles include: The Changing Shape of Government in the Asia-Pacific Region; Korean Politics in a Period of Transition; The Unfinished Political Reforms of the Hong Kong Government; Demi-democracy: Thai Politics and Government in Transition; Government and Governance in Multi-Racial Malaysia; Controlled Democracy, Political Stability and PAP Predominance: Government in Singapore; Entrenched "Strong Man" Rule: The Governmental System in Bangladesh; Australian National Government, 1987; Toward More Effective Government in the US; and, Some Issues of Governance in Canada.

This book examines the political economy of the states of Pacific Asia, stretching from Japan to Burma since the end of WWII. "Governance in Pacific Asia" offers a comprehensive account of the diverse experiences of the states in Pacific Asia. Organized thematically around government and business relations in the main sectors of the economy, chapters cover the historical, social, and cultural contexts for such policies as well as the social and political consequences of rapid economic development. They also discuss the increasing economic integration of the region as well as its impact on global affairs and the reverse effect of globalization upon particular political systems. Each chapter contains case studies and examples from anywhere in the region, with some countries appearing more regularly, such as China, Japan, newly industrialized economies, Thailand, the Philippines, Malaysia, Indonesia and Vietnam. "Governance in Pacific Asia" provides an in-depth comparative survey of a key region in world politics and political economy. An essential text that includes sources from the region in at least three languages (Chinese, Japanese, and Indonesian/Malay), it will be of interest to students and faculty in international relations, developmental politics, Asian politics, and political economy.