Capitalist Restructuring and the Pacific Rim (Routledgecurzon Studies in the Modern History of Asia, 19)

This book situates the evolution of capitalist economies along Asia's Pacific Rim after the Second World War within broader global, political and economic changes. Specifically, it charts their growth at the interface of periodic crises and successive waves of restructuring, and links changes in the world economy to shifts in regional dynamics in east and southeast Asia. It suggests that while the expansion of Japanese corporate networks was crucial to the emergence of the region as a low-cost exporter to the world, the reintegration of China into the world market will free the region from its dependence on the US as a market of last resort. This Book Situates The Evolution Of The High Growth Economies Along Asia's Pacific Rim After The Second World War Within Broader Global Political And Economic Changes. Specifically, It Charts The Growth Of Capitalist Economies In The Region Throughout Periodic Crises And Successive Waves Of Restructuring, And Links Changes In The World Economy To Shifts In The Domestic Political Economies Of East And Southeast Asia. It Suggests That The Financial Crisis Of 1997-98 Laid The Basis For A New Phase Of Regional Economic Integration In Pacific-asia. Through This Detailed Analysis Of Regional Economic Growth The Integration Since 1945, Capitalist Restructuring And The Pacific Rim Concludes That The Continued Accumulation Of Capital In East And Southeast Asia Is Undermining The Material Foundations Of Us Power. This Comprehensive Survey Of The Emergence Of Asia's Pacific Rim Will Intrigue And Inform Scholars Of Asian Studies, Sociology, And Development Studies Alike.--jacket. Geopolitical Ecology Of Us Hegemony -- Strong States, Weak Societies : State And Class In The Asian Rimlands -- The Making Of Industrial Behemoths : Patterns Of State Intervention And Industrial Organization -- Crisis Of Us Hegemony And The Growth Of Regional Economic Integration In Pacific-asia -- Debts And Delusions : Crumbling Of A Regional Economy -- A Bonfire Of Illusions -- Epilogue : A Future Imperfect: Remaking A Regional Economy. Ravi Arvind Palat. Includes Bibliographical References (p. [243]-266) And Index.