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The Politics of the Asian Economic Crisis
Contributor(s): Pempel, T. J. (Editor)
ISBN: 0801486343     ISBN-13: 9780801486340
Publisher: Cornell University Press
OUR PRICE:   $42.52  
Product Type: Paperback - Other Formats
Published: September 1999
Qty:
Annotation: 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 199798 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.

Additional Information
BISAC Categories:
- Business & Economics | International - Economics
- Political Science | Political Economy
- Business & Economics | Finance - General
Dewey: 332.095
LCCN: 99038107
Series: Cornell Studies in Political Economy (Paperback)
Physical Information: 0.75" H x 6.13" W x 9.21" (0.96 lbs) 304 pages
Themes:
- Chronological Period - 1990's
- Cultural Region - Asian
 
Descriptions, Reviews, Etc.
Publisher Description:

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.


Contributor Bio(s): Pempel, T. J.: - T. J. Pempel is Jack M. Forcey Professor of Political Science and Director of the Institute of East Asian Studies, Professor of Political Science, and holder of the Il Han New Chair at the University of California, Berkeley. He is the author or editor of many books, including Regime Shift: Comparative Dynamics of the Japanese Political Economy, Crisis as Catalyst: Asia's Dynamic Political Economy, and The Politics of the Asian Economic Crisis (all from Cornell) and Japan in Crisis: What Will It Take for Japan to Rise Again?