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City-states in the global economy
This is the first serious comparative study of two dynamic Asian city-states that are emerging as key regional - indeed global - cities. Providing both historical comparisons and analyses of contemporary issues, the authors consider the patterns, strategies, and consequences of industrial restructuring. They build their analysis around the interrelationships of four institutional spheres: the global economy, the state, the financial system, and the labor market. The book addresses three basic sets of questions tied to industrial restructuring in Hong Kong and Singapore: First, what are the basic patterns of restructuring in the two economies? What corporate strategies have manufacturers used to restructure their operations? Are Hong Kong and Singapore diverging or utilizing the same restructuring strategies? Second, how should the process of restructuring in the two economies and the...
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