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A Region of Regimes traces the relationship between politics and economics—power and prosperity—in the Asia-Pacific in the decades since the Second World War. This book complicates familiar and incomplete narratives of the "Asian economic miracle" to show radically different paths leading to high growth for many but abject failure for some. T. J. Pempel analyzes policies and data from ten East Asian countries, categorizing them into three distinct regime types, each historically contingent and the product of specific configurations of domestic institutions, socio-economic resources, and external support. Pempel identifies Japan, Korea, and Taiwan as developmental regimes, showing how each then diverged due to domestic and international forces. North Korea, Myanmar, and the Philippines (under Marcos) comprise "rapacious regimes" in this analysis, while Malaysia, Indonesia, and Thailand form "ersatz developmental regimes." Uniquely, China emerges as an evolving hybrid of all three regime types. A Region of Regimes concludes by showing how the shifting interactions of these regimes have profoundly shaped the Asia-Pacific region and the globe across the postwar era.
Pempel contrasts the political economy of Japan during two decades: the 1960s ̧when the nation e¡perienced conservative political dominance and high growth ̧and the early 1990s ̧when the "bubble economy" collapsed and electoral politics changed. The different dynamics of the two periods indicate a regime shift in which the present political economy deviates profoundly from earlier forms. This shift has involved a transformation in socioeconomic alliances ̧political and economic institutions ̧and public policy profile ̧rendering Japanese politics far less predictable than in the past. Pempel weighs the Japanese case against comparative data from the USA ̧Great Britain ̧Sweden and Italy ̧to show how unusual Japan's political economy had been in the 1960s. The te¡t suggests that Japan's present troubles are deeply rooted in the economy's earlier success.
A team of distinguished scholars here reassesses the notion of the developmental state to establish a common vocabulary for debates on the relationship between political institutions and industrial growth. Some observers have blamed the recent global financial crisis on the developmental strategies of East Asian states, whereas others attribute the turmoil to the sudden demise in the 1990s of these very same policies. The authors offer dispassionate accounts of how developmental states have emerged and evolved over the past century, and examine how they really work. The analyses offered in the book look broadly at the combination of political, bureaucratic, and moneyed influences that shape economic life in East Asia and elsewhere. The developmental states are often beset by structural corruption and inefficiency, but they still have a role to play in honing national competitiveness in global markets. The analyses contained in this book do not point to the disappearance of the developmental state, but to its reinvention. Book jacket.
In this collection of original essays, thirteen country specialists working within a common comparative frame of reference analyze major examples of long-term, single-party rule in industrialized democracies. They focus on four cases: Japan under the Liberal Democratic party since 1955; Italy under the Christian Democrats for thirty-five or more years starting in 1945; Sweden under the Social Democratic party from 1932 until 1976 (and again from 1982 until present); and Israel under the Labor party from pre-statehood until 1977.
The dynamics of Northeast Asia have traditionally been considered primarily in military and hard security terms or alternatively along their economic dimensions. This book argues that relations among the states of Northeast Asia are far more comprehensible when the mutually shaping interactions between economics and security are considered simultaneously. It examines these interactions and some of the key empirical questions they pose, the answers to which have important lessons for international relations beyond Northeast Asia. Contributors to this volume analyze how the states of the region define their ‘security’, and how bilateral relations in hard security issues and economic linkag...
Beyond Bilateralism analyzes how, and to what extent, crucial global and regional security, finance, and trade transformations have altered the U.S.-Japan relationship and how that bilateral relationship has in turn influenced those global and regional trends.
Defining and conceptualizing Northeast Asia’s security complex poses unique quandaries. The security architecture in Northeast Asia to date has been predominately U.S.-dominated bilateral alliances, weak institutional structures and the current Six Party Talks dealing with the North Korean nuclear issue. There has been a distinct lack of desire among regional countries as well as the U.S. to follow in the footsteps of Europe with its robust set of multilateral institutions. However, since the late 1990s, there has been burgeoning interest among regional states towards forming new multilateral institutions as well as reforming and revitalizing existing mechanisms. Much of this effort has be...
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.
An overarching ambiguity characterizes East Asia today. The region has at least a century-long history of internal divisiveness, war, and conflict, and it remains the site of several nettlesome territorial disputes. However, a mixture of complex and often competing agents and processes has been knitting together various segments of East Asia. In Remapping East Asia, T. J. Pempel suggests that the region is ripe for cooperation rather than rivalry and that recent "region-building" developments in East Asia have had a substantial cumulative effect on the broader canvas of international politics. This collection is about the people, processes, and institutions behind that region-building. In it...
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.