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comparisons with south-east Asia show that the significance of bureaucracies ultimately depends on the more fundamental governmental decision to force entrepreneurs to manufacture for export and then to cull firms which fail to perform adequately. Bureaucracies are only as good as the policies they implement. Above all, developing states must force their most powerful and resourceful entrepreneurs to export, typically against their will. Firms that can make money at home in a protected environment are always reluctant to compete globally. Other policies tend to be induced by this basic framework. That said, the framework was not rationalised in east Asia by policy makers, but rather copied by nineteenth-century Japan from historical example.
How Asia Works
Joe Studwell
Japan, Korea, Taiwan and China perfected ways to marry subsidies and protection for manufacturers – so as to nurture their development – with competition and ‘export discipline’, which forced them to sell their products internationally and thereby become globally competitive. This overcame the traditional problem with subsidy and protection policies, whereby entrepreneurs pocketed financial incentives but failed to do the hard work of producing competitive products.
How Asia Works
Joe Studwell
By then I was sick of everything. I packed a bag and went to a Buddhist temple deep in the mountains somewhere in southern China. Oh, I didn’t go to become a monk. Too lazy for that. I just wanted to find a truly peaceful place to live for a while. The abbot there was my father’s old friend—very intellectual, but became a monk in his old age. The way my father told it, at his level, this was about the only way out. The abbot asked me to stay. I told him, “I want to find a peaceful, easy way to just muddle through the rest of my life.” The abbot said, “This place isn’t really peaceful. There are lots of tourists, and many pilgrims too. The truly peaceful can find peace in a bustling city. And to attain that state, you need to empty yourself.” I said, “I’m empty enough. Fame and fortune are nothing to me. Many of the monks in this temple are worldlier than me.” The abbot shook his head and said, “No, emptiness is not nothingness. Emptiness is a type of existence. You must use this existential emptiness to fill yourself.”
The Three-Body Problem
Cixin Liu and Ken Liu
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