Ersatz capitalism is Kunio Yoshihara's analysis of Southeast Asian economic development as a sort of ‘pseudo-capitalism’ (cf. capitalism), referring to government and business actors’ abilities to utilize a nation's comparative advantages and artificially motivate an economy toward higher-end economic activities, specifically similar to those of developed Western nations, including areas such as capital investments and technologically intensive production.
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Ersatz capitalism (Southeast Asia) Wikipedia(Text) CC BY-SA