This collection of essays explores the origins and roles of Southeast Asian business groups, especially as they developed during the 1970s and 1980s. An important contribution to studies of ethnic Chinese entrepreneurship in Southeast Asia. Includes a comprehensive introduction by the editor.

This collection of essays explores the origins and roles of Southeast Asian business groups, especially as they developed during the 1970s and 1980s. An important contribution to studies of ethnic Chinese entrepreneurship in Southeast Asia. Includes a comprehensive introduction by the editor.

This collection examines the historically and geographically specific form of economic organization of the overseas Chinese in Southeast Asia and how it has adapted to the different historical and socio-political contexts of Southeast Asian countries. Moving beyond cultural explanations and traits to focus on the process of evolution and dynamism of situated practices, it argues that Chinese Capitalism is rapidly becoming a form of ‘hybrid capitalism’ and embodies the interdependent of culturally and institutionally specific dynamics at local and regional level, evolving and adapting to different institutional contexts and politico-economic conditions in the host Asian economies. This text also explores the social organization and political economy of the so-called overseas Chinese by examining the changing dynamism of Chinese capitalism in relation to forces of globalization. Focusing on key actors, primarily Chinese entrepreneurs in their business practices, and situated practices as well as cultural, political, social and economic factors under globalizing conditions, it provides providing a broad understanding without fixating or homogenizing Chinese capitalism, contributing to the understanding of the contexts that give rise to the emergence and transformation of Chinese Capitalism in Southeast Asia.

Despite competing with much larger imperialist neighbors in Southeast Asia, the Kingdom of Thailand—or Siam, as it was formerly known—has succeeded in transforming itself into a rival modern nation-state over the last two centuries. Recent historiography has placed progress—or lack thereof—toward Western-style liberal democracy at the center of Thailand’s narrative, but that view underestimates the importance of the colonial context. In particular, a long-standing relationship with China and the existence of a large and important Chinese diaspora within Thailand have shaped development at every stage. As the emerging nation struggled against colonial forces in Southeast Asia, ethnic Chinese entrepreneurs were neither a colonial force against whom Thainess was identified, nor had they been able to fully assimilate into Thai society. Wasana Wongsurawat demonstrates that the Kingdom of Thailand’s transformation into a modern nation-state required the creation of a national identity that justified not only the hegemonic rule of monarchy but also the involvement of the ethnic Chinese entrepreneurial class upon whom it depended. Her revisionist view traces the evolution of this codependent relationship through the twentieth century, as Thailand struggled against colonial forces in Southeast Asia, found itself an ally of Japan in World War II, and reconsidered its relationship with China in the postwar era.

The Chinese in Southeast Asia, with their growing economic clout, have been attracting attention from politicians, scholars and observers in recent decades. The rise of China as a global economic power and its profound influence over Southeast Asia has cast a spotlight on the role of Southeast Asian Chinese in the region''s economic relations with China.The Southeast Asian Chinese as an economic force and their growing importance with China are, to a certain extent, determined by the nature and development of their communities. This book uses a multifaceted approach to unravel the forces that helped to transform the communities in the past. Containing 17 papers written within a span of six and a half years, from 2000 to 2006, the book focuses on the social, economic and political aspects of these communities, with special emphasis on the Chinese in Malaysia and Singapore.

This book by a leading expert considers the growth of an inefficient superlayer in Southeast Asian economies and assesses the problems that this poses for future economic development. Yoshihara argues that as technological backwardness, the low quality of government intervention, and discrimination against those of Chinese descent have prevented capitalism from stimulating development, there has emerged a brand of ersatz capitalism very different from the capitalism in Japan and the West. He goes on to offer recommendations for creating a dynamic capitalism while acknowledging that obstacles to their implementation exist in current Southeast Asian social and political systems.

Is capitalism in Southeast Asia 'real' or a 'chimera', that is, some Southeast Asian derivative of capitalism that ultimately will not be sustainable? Malaysia, where an intimate relationship has been forged between the state and business in an effort to create Malay capitalists, presents an interesting and illuminating case in the debate. In this work Peter Searle identifies the complex interaction between the state, the dominant political party (UMNO) and business as the source of dynamism or defeat in the development of Malay capitalists. He also challenges a common view that Chinese business groups are completely different from Malay business groups. Overall this study argues against drawing sharp contrasts between dependency and self-reliance, between state and capital, and between rent-seekers and true 'productive' capitalists. For it is from that amalgam of categories and groups the study concludes that a form of capitalism is emerging in Malaysia which is nonetheless remarkably dynamic and resilient, despite its unorthodox origins.