This book is a strong addition to comparative housing research. The authors of individual chapters are all recognized experts and several are prominent in the field. Each chapter of the book demonstrates rigorous scholarship. While the first chapter of this book offers a theoretic framework, the rest covers nine major economic bodies in the region with one chapter exclusively devoted to one country/region: mainland China, Taiwan, Hong Kong, Japan, South Korea, Malaysia, Singapore, Indonesia, and Thailand. Housing regimes in East Asia are quite diverse. Nonetheless, they are alike in terms of forms and motivations of government intervention (Chen et al. 2014). The editors of this book, John Doling and Richard Ronald, show in the introductory chapter that national housing systems in East Asia share an important common to use housing development as a means to drive urban development and economic growth. Particularly, the editors elaborate the rationales of why the provision of owner-occupied housing is a pillar of welfare under productivist welfare regimes in East Asia. Through promoting asset-based welfare among homeowners, East Asian governments expect the family asset can function as social security and the building up of ‘‘asset-based security’’ can preserve self-sufficiency and reduce the citizens’ demand to develop onerous and costly welfare states. On one hand, the asset-based welfare philosophy reflects the ideology of productivist welfare capitalism. Holliday (2000) introduces the term ‘‘productivist welfare capitalism’’ by stressing the observation that social welfare policy is subordinated to and defined by the growth-oriented economic policy in East Asia. The asset-based welfare practice, however, also carries features of developmental welfare capitalism, which sees social welfare as social investment (Midgley and Tang 2001). Doling and Ronald, however, do not attempt to discern the differences between productivism and developmentalism and simultaneously use them as ‘‘two underlying logics’’ (Doling and Ronald 2014: 24).
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