Democracy & Capitalism: Asian and American Perspectives

Robert L. Bartley · Chan Heng Chee · Samuel P. Huntington · Shijuro Ogata

jan 1993 · Institute of Southeast Asian

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 Intellectual interest in the growth and study of democracy is not a post-Cold War phenomenon, but its intensified interest is. Recently new questions have been asked, such as whether the widespread democratization process will yield similar end-products in different parts of the world which are endowed with vastly different heritages and history, or whether we will see the emergence of variants in democratic models. In the same way, the growth of the capitalist system and practice of a free market in some situations lead the state to play a role not anticipated in the traditional free market observed to be distinct from those in the industrialized West, and most certainly different from that of the United States.It has been the growing concern of many academics and policy-makers that in the post-Cold War era these differing perspective and practices of democracy and the free market could become the substance of the new ideological debate in the coming decade between countries in East Asia and the West, led by United States. The four essays published in this volume were presented as keynote papers defining the major themes of the Conference "Asian and American Perspectives on Capitalism and Democracy" organized by the Asia Society, the Institute of Policy Studies, the Singapore International Foundation, and the Institute of Southeast Asian Studies held in Singapore, 28-30 January 1993. The essays serve as useful contributions to the current rigorous and ongoing debate.

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span, SPAN { background-color:inherit; text-decoration:inherit; white-space:pre-wrap }• Robert Bartley, Editor adn Vice-President of the Wall Street Journal, has been responsible for the Journal's editorial pages since 1972. He won a Pulitzer Prize for editorial writing in 1980, the Gerald Loeb Award for editorials on the international economy in 1979, and a Citation for Excellence from the Overseas Press Club of America in 1977 for dispatches from China after the death of Mao Zedong.

• Chan Heng Chee is concurrently Director of the Institute of Southeast Asian Studies and of the Singapore International Foundation. She is on secondment from her post as Professor in the Department of Political Science, National University of Singapore.

• Samuel P. Huntington is the Eaton Professor of the Science of Government and Director of the JohnM. Olin Institute for Strategic Studies at Harvard University's Center for International Affairs. From 1973 to 1989 he served as Associate Director and then as Director of the Center for International Affairs.

• Shijuro Ogata was educated at the University of Tokyo and the Fletcher School of Law and Diplomacy. He was formerly Deputy Governor for International Relations at the Bank of Japan (1984-86) and Deputy Governor of the Japan Development Bank (1986-91).