Description
Book SynopsisThis volume examines East Asian policy reactions to the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98.
Trade ReviewT. J. Pempel and Keiichi Tsunekawa have edited a volume that succeeds in providing a comprehensive overview of the extent to which domestic politics across several East Asian countries determined their responses—and fate—during each of the crises.... Considering that the region seems to have learnt from the 1997–8 experience, this should be of interest to scholars and policy-makers in the region and beyond.
-- Ramon Pacheco Pardo * International Affairs *
[The book's arguments are made] cogently and with strong empirical backing.... Moreover, the essays on the region's different economies provide important nuances to the book's central arguments.
-- Walden Flores Bello * Focus on the Global South, Southeast Asian Studies *
Table of ContentsIntroduction: Crises, Corrections, and Challenges
by T. J. Pempel and Keiichi TsunekawaChapter 1. Two Crises, Two Outcomes
by T. J. PempelPART 1. Dealing with Crises: Continuities and ChangesChapter 2. A Tale of the Two Crises: Indonesia's Political Economy
by Muhammad Chatib BasriChapter 3. Unraveling the Enigma of East Asian Economic Resiliency: The Case of Taiwan
by Yun-han ChuChapter 4. Reacting to Financial Crises: Institutional Path Dependence in Korea and Thailand
by Yasunobu OkabeChapter 5. China and th Two Crises: From 1997 to 2009
by Barry NaughtonPART 2. Toward a Second East Asia Miracle?Chapter 6. Political Business and External Vulnerability in Southeast Asia
by Thomas B. PepinskyChapter 7. Success as Trap? Crises and Challenges in Export-Oriented Southeast Asia
by Richard DonerChapter 8. Japan: The Political Economy of Long Stagnation
by Keiichi TsunekawaConclusion: Toward a Second East Asia Miracle?
by T. J. Pempel and Keiichi TsunekawaWorks Cited
Index