The Politics Of The Asian Economic Crisis


The Politics Of The Asian Economic Crisis
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The Politics Of The Asian Economic Crisis


The Politics Of The Asian Economic Crisis
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Author : T. J. Pempel
language : en
Publisher: Cornell University Press
Release Date : 2018-09-05

The Politics Of The Asian Economic Crisis written by T. J. Pempel and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-05 with Political Science categories.


In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted "Asian Economic Miracle" became the "Asian Economic Crisis"—with serious repercussions for nations and markets around the world. While the headlines are still fresh, a group of experts on the region presents the first account to focus on the political causes and implications of the crisis. The events of 1997–98 involved not just property values, financial flows, portfolio makeup, and debt ratios, they argue, but also the power relationships that shaped those economic indicators.As they examine the domestic, regional, and international politics that underlay the economic collapse, the authors analyze the reasons why the crisis affected the nations of Asia in radically different ways. The authors also consider whether the crisis indicates a radical change in Asia's economic future.



Governments And Markets In East Asia


Governments And Markets In East Asia
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Author : Jungug Choi
language : en
Publisher: Routledge
Release Date : 2007-01-24

Governments And Markets In East Asia written by Jungug Choi and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-24 with Business & Economics categories.


Governments and Markets in East Asia examines the relationship between economic performance, elite co-operation, and political regime stability in the context of the Asian crisis, and argues that economic crisis is not the cause of greater political harmony or discord, but rather that it serves as a catalyst that may encourage elites to cooperate or conflict depending upon the particular circumstances at the time of crisis. This book maintains that the political consequences of the Asian crisis varied according to the type of elite that existed in each stricken society. Including a comprehensive comparative study of five countries' experiences during the economic crisis: Indonesia, Thailand, Malaysia, South Korea and the Philippines, this book investigates the pre-crisis political context and elite configuration of these five countries, and considers what lessons can be drawn from their experiences. Constituting an impressive body of descriptive and theoretical material on the Asian crisis, this book looks towards the implications of economic crisis for elite behaviour and political stability.



Politics And Markets In The Wake Of The Asian Crisis


Politics And Markets In The Wake Of The Asian Crisis
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Author : Mark Beeson
language : en
Publisher: Routledge
Release Date : 2003-09-02

Politics And Markets In The Wake Of The Asian Crisis written by Mark Beeson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-02 with Social Science categories.


This book is a challenging volume by distinguished, leading scholars of East Asian political economy; it provides a distinct alternative to simplistic accounts of the Asian crisis which generally swing between an emphasis on convergence imposed by global economic forces, and the resurrection of the special patterns of East Asian economic governance. The authors argue that global forces and domestic structures are engendering new forms of economic and political regulation in East Asia. While these signal the death knell of the developmental state, this in itself does not presuppose a convergence towards a standard model of global capitalism. The arguments in this book will contribute significantly to the construction of a new research agenda for comparative political economy at the dawn of a new century. Politics and Markets in the Wake of the Asian Crisis covers a range of East Asian countries including the People's Republic of China, South Korea, Indonesia, Thailand and Malaysia. All the studies are linked together by a common endeavour to explore the dynamic interaction between global economic forces and domestic structures. The book is at the cutting edge of the study of East Asian political economy, and is distinguished by the attention it pays to the regional and international context of the crisis. It also contains theoretically sophisticated analyses of organisations such as APEC and the IMF.



The Political Economy Of The Asian Financial Crisis


The Political Economy Of The Asian Financial Crisis
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Author : Stephan Haggard
language : en
Publisher: Columbia University Press
Release Date : 2010-10-01

The Political Economy Of The Asian Financial Crisis written by Stephan Haggard and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10-01 with Political Science categories.


The Asian crisis has sparked a thoroughgoing reappraisal of current international financial norms, the policy prescriptions of the International Monetary Fund, and the adequacy of the existing financial architecture. To draw proper policy conclusions from the crisis, it is necessary to understand exactly what happened and why from both a political and an economic perspective. In this study, renowned political scientist Stephan Haggard examines the political aspects of the crisis in the countries most affected—Korea, Thailand, Malaysia, and Indonesia. Haggard focuses on the political economy of the crisis, emphasizing the longer-run problems of moral hazard and corruption, as well as the politics of crisis management and the political fallout that ensued. He looks at the degree to which each government has rewoven the social safety net and discusses corporate and financial restructuring and greater transparency in business-government relations. Professor Haggard provides a counterpoint to the analysis by examining why Singapore, Taiwan, and the Philippines escaped financial calamity.



Two Crises Different Outcomes


Two Crises Different Outcomes
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Author : T. J. Pempel
language : en
Publisher: Cornell University Press
Release Date : 2015

Two Crises Different Outcomes written by T. J. Pempel and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Political Science categories.


Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time, Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since. The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success. Contributors: Muhamad Chatib Basri, Minister of Finance of the Republic of Indonesia and Professor of Economics at the University of Indonesia; Yun-han Chu, Institute of Political Science, Academia Sinica; Richard Doner, Emory University; Barry Naughton, University of California, San Diego; Yasunobu Okabe, Japan International Cooperation Agency Research Institute; T. J. Pempel, University of California, Berkeley; Tom Pepinsky, Cornell University; Keiichi Tsunekawa, National Graduate Institute for Policy Studies, Tokyo



The Political Economy Of South East Asia


The Political Economy Of South East Asia
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Author : Garry Rodan
language : en
Publisher: Oxford University Press, USA
Release Date : 2001

The Political Economy Of South East Asia written by Garry Rodan and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.


This new edition updates its precedessor and uses the Asian economic crisis to indicate how theoretical differences identified in the South-East Asian boom were brought into even sharper relief in the analysis of the crisis and recovery strategies.



Crisis As Catalyst


Crisis As Catalyst
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Author : Andrew J. MacIntyre
language : en
Publisher: Cornell University Press
Release Date : 2008

Crisis As Catalyst written by Andrew J. MacIntyre and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Asia categories.


The financial crisis that swept across East Asia during 1997-1998 was devastating not only in its economic impact but also in its social and political effects. The explosive growth and sociopolitical modernization that had powered the region for much of the preceding decade suddenly were dramatically interrupted. East Asia is economically outperforming the rest of the developing world once again and has become a leading force in the global economy. In the wake of the crisis, East Asia changed in important ways. Crisis as Catalyst contains assessments of these changes-both ephemeral and permanent- by a wide range of specialists in Asian economics and politics.The crisis, as the contributors to this volume show, catalyzed changes across political, corporate, and social arenas both in the countries hit hard by the crisis and in others throughout the region. The authors of Crisis as Catalyst examine what has changed (as well as what has not changed) in East Asia since the crisis, explain these variations, and reflect on the long-term significance of these developments.



Southeast Asia S Economic Crisis


Southeast Asia S Economic Crisis
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Author : Heinz Wolfgang Arndt
language : en
Publisher: Institute of Southeast Asian Studies
Release Date : 1999

Southeast Asia S Economic Crisis written by Heinz Wolfgang Arndt and has been published by Institute of Southeast Asian Studies this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.


Southeast Asia is suddenly in crisis, the largest country - Indonesia - deeply so. This volume, comprising a set of specially commissioned papers, examines the origins, lessons, and future path of the crisis. Why didn't economists foresee the sudden and catastrophic events of 1997-98? How can seemingly robust and vigorous economies fall so far, so swiftly? Do we, in consequence, need to change the way we view the world? Is there anything to salvage of the "East Asian miracle"? Is Southeast Asia about to experience its own version of the "lost decade", analogous to that which afflicted much of Africa and Latin America in the 1980s?



The Political Dimensions Of The Asian Crisis


The Political Dimensions Of The Asian Crisis
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Author : Uwe Johannen
language : en
Publisher:
Release Date : 2000

The Political Dimensions Of The Asian Crisis written by Uwe Johannen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Asia categories.


An Agenda for Action



Pacific Asia


Pacific Asia
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Author : Yumei Zhang
language : en
Publisher: Psychology Press
Release Date : 2003

Pacific Asia written by Yumei Zhang and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with History categories.


Covers the period since 1945 with a focus on the 1990s.