The Politics of Marketising Asia

Economic growth continues to transform the economic and political landscape of Asia. Equally the policies now being adopted to promote private sector participation, re-structure state entities, and reduce the presence of the state in the provision of public goods and services, are tied to fundamental transformations in Asia's state-society relations. The global cast of contributors present a timely analysis of the impact of neo-liberalism on Asia's developmental policies and the organisation of Asian states and markets. Ironically, the "developmental state" that has historically driven Asia's rapid economic transformation is now threatened by an increasingly dominant neoliberal agenda that aims to roll back the state in the name of market fundamentalism.

Toby Carroll is Associate Professor in the Department of Asian and International Studies at City University of Hong Kong. His research interests focus on the political economy of development in Asia. He is the author of Delusions of Development: the World Bank and the post-Washington Consensus in Southeast Asia (2010), and has published in journals such as Journal of Contemporary Asia, Development and Change, Pacific Review and Antipode.

Darryl S.L. Jarvis is Associate Dean and Professor of Global Studies, Faculty of Liberal Studies and Social Sciences, The Hong Kong Institute of Education. He has published widely in the areas of international relations, investment risk, regulatory politics, and the political economy of investment. His recent books include ASEAN Industries and the Challenge from China (with Anthony Welch) and Infrastructure Regulation: What Works, Why, and How do we Know? Lessons from Asia and Beyond (with Ed Araral, M. Ramesh and Wu Xun).

1. Theorising Asia's Marketisation under Late Capitalism: Risk, Capital and the New Politics of Development; Toby Carroll and Darryl S.L. Jarvis
2. Risk, Social Protection and the World Market; Paul Cammack
3. The International Finance Corporation's Transformation of Development in the Asia Pacific: Working on, Through and Around the State; Toby Carroll
4. Regulatory States in the South: Can they Exist and do we want them? The case of the Indonesian Power Sector; Darryl S.L. Jarvis
5. State-Building and Primitive Accumulation in the Solomon Islands: The Unintended Consequences of Risk Mitigation at the Frontiers of Global Capitalist Expansion; Shahar Hameiri
6. Into the Deep: The World Bank Group and Mining Regimes in Laos, The Philippines and Papua New Guinea; Pascale Hatcher
7. Building Neoliberal Markets and other Agendas: The Politics of Risk Management at AusAID; Thomas Wanner and Andrew Rosser
8. Market building and risk under a Regime in Transition: The Asian Development Bank in Myanmar (Burma); Adam Simpson
9. Reforming the Chinese Railway Sector: The Role and Limits of International Governmental Organisations in Building Markets; Marc Laperrouza
10. Institutional Design and Quality as Determinants of Market Building: The Markets for Corporate Control in Asia; Alberto Asquer
11. The Market Turn in Jakarta's Water Supply: Vested Interests and Challenges of Realising the Regulatory State; Leong Ching
12. Problems and Obstacles to Market Building in the Indian Energy Sector; Pramod Kumar Yadav