The Politics of the Asian Economic Crisis (Cornell Studies in Political Economy) [Paperback]

T. J. Pempel (Author)

Book Description

Publication Date: October 1999 | Series: Cornell Studies in Political Economy

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.

Contributors Yun-han Chu, National Taiwan University Bruce Cumings, University of Chicago Gary G. Hamilton, University of Washington Paul Hutchcroft, University of Wisconsin, Madison Linda Y. C. Lim, University of Michigan, Ann Arbor Andrew MacIntyre, University of California, San Diego Barry Naughton, University of California, San Diego T. J. Pempel, University of Washington Jeffrey A. Winters, Northwestern University Meredith Woo-Cumings, Northwestern University

Product Details

• Paperback: 284 pages
• Publisher: Cornell Univ Pr (October 1999)
• Language: English
• ISBN-10: 0801486343
• ISBN-13: 978-0801486340
• Product Dimensions: 9 x 6 x 0.6 inches
• Shipping Weight: 12 ounces (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #605,031 in Books (See Top 100 in Books)

More About the Author

T. J. Pempel (Ph.D., Columbia) joined Berkeley's Political Science Department in July 2001 and was director of the Institute of East Asian Studies from 2002-2005 and holder of the Il Han New Chair. Just prior to coming to Berkeley, he was at the University of Washington. From 1972 to 1991, he was on the faculty at Cornell University; he was also Director of Cornell's East Asia Program. He has also been a faculty member at the University of Colorado and the University of Wisconsin. Professor Pempel's research and teaching focus on comparative politics, political economy, contemporary Japan, and Asian regionalism. His recent books include From Crisis to Catalyst: The Political Economy of Dynamic Asia (Cornell University Press), Remapping East Asia: The Construction of a Region (Cornell University Press), Beyond Bilateralism: U.S.-Japan Relations in the New Asia-Pacific (Stanford University Press), The Politics of the Asian Economic Crisis, and Regime Shift: Comparative Dynamics of the Japanese Political Economy. Professor Pempel was Chair of the Working Group on Northeast Asian Security of CSCAP, is on editorial boards of several professional journals, and serves on various committees of the American Political Science Association, the Association for Asian Studies, and the Social Science Research Council. He is currently doing research on various problems associated with Asian regionalism.

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4 of 5 people found the following review helpful:

5.0 out of 5 stars Finally , a political analysis of the Aiasn economic crisis, October 28, 1999

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This review is from: The Politics of the Asian Economic Crisis (Cornell Studies in Political Economy) (Paperback)

Read this book to gain a deeper understanding of the Asian crisis. Much has been written on the economic side, but "The Politics of the Asian Economic Crisis" assembles the experts to explain political differentiation among the countries affected.