How do values affect a country's politics and economic practices? How are values, economy, governance and international relations linked? The rapid and remarkable economic strides experienced by countries in the Asia Pacific region during the second half of the 20th century, accompanied by changes in political systems, have often been ascribed to a collective value system in Asia. Today, the financial crisis and political turmoil in Asia prompts the question: to what extent are values relevant to the region's difficulties? This collection of essays by scholars from ten countries in Asia and elsewhere considers these and other questions. Volume editor Han Sun-joo concludes that to the degree they can be delineated and identified, Asian values - often touted as the driving force behind Asia's rapid and remarkable economic strides - at a minimum failed to prevent the financial crisis. Asian values are relevant because, regardless of their functionality or dysfunctionality, the behaviour of Asian countries will continue to be guided by such values, at least in their basic formulation, if not in their present application. The essays reveal the variations in value systems within Asia and their different sources, such as cultural tradition, political leaders, government and nongovernmental actors. The analysis of historical and contemporary events through the lens of values probes how a country's values influence its domestic politics, foreign policy and development. Juxtaposing values, governance and international relations, the authors present an overview of how these three elements interact and interrelate in the context of their respective countries and the Asia Pacific region as a whole.
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