The Shape of the East Asian Economy to Come
The Shape of the East Asian Economy to Come

Author: Benny Teh Cheng Guan

Publisher: Cambridge Scholars Publishing

Published: 2009-12-14

Total Pages: 254

ISBN-13: 1443817856

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Sometimes we hope to see a "Savior" of the secular world coming from an unknown alien realm. Such imaginings can encourage us to create both new concerns and goals toward which we scramble. We are always looking for the birth of a Venus. Since the "Miracle of East Asia" was pronounced by the World Bank, Asian economic development has been set against a specific background. Tigers have been sought in the jungles of Asia in place of the tragedies found in Africa or South America. However the Asian economic crisis exposed the misconduct of policy advocated by the then dominant worldly consensus. East Asian developments once again gave an urgent impetus to reexamining conventional wisdom. More recently, the coalescence of an "East Asian economic community" forms a backdrop for discussions on the future shape of the global system. Through this new paradigm will it be possible to further cultivate the fruits of Asian economic experiences? Or, by this rhetoric, will we merely be attempting a lonely effort to seek deliverance from the current realities of the savage world of the free market economy? This volume sheds light on various aspects of and phases in the most recent arguments, bringing together the work of European and East Asian scholars. Part One is devoted to the political and economic dynamics contributing to the emergence of an integrating East Asian entity. Part Two illustrates the challenges and problems faced by selected individual countries that would need to be overcome in creating an East Asian economy.

China and East Asian Economic Integration
China and East Asian Economic Integration

Author: Sarah Yueting Tong

Publisher: World Scientific

Published: 2020

Total Pages: 183

ISBN-13: 9811200327

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Introduction -- ch. 1. China and East Asia production network -- ch. 2. The internationalisation of China's Renminbi -- ch. 3. The internationalisation of Chinese enterprises -- ch. 4. Cross-strait economic relations: Taiwan's perspective -- ch. 5. CEPA and Mainland-Hong Kong's economic relations --ch. 6. China-Asean economic relations remain resilient despite rising challenges -- ch. 7. Ever-bonding Sino-Korean economic relationship but questionable contribution to regional integration -- ch. 8. China and Japan: great economic integration without a bilateral free trade agreement -- ch. 9. The political economy of East Asia economic integration.

The Greater East Asia Co-Prosperity Sphere
The Greater East Asia Co-Prosperity Sphere

Author: Jeremy A. Yellen

Publisher: Cornell University Press

Published: 2019-04-15

Total Pages: 303

ISBN-13: 1501735551

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"The Greater East Asia Co-Prosperity Sphere offers a lucid, dynamic, and highly readable history of Japan's attempt to usher in a new order in Asia during World War II." ― Cross-Currents: East Asian History and Culture Review In The Greater East Asia Co-Prosperity Sphere, Jeremy A. Yellen exposes the history, politics, and intrigue that characterized the era when Japan's "total empire" met the total war of World War II. He illuminates the ways in which the imperial center and its individual colonies understood the concept of the Sphere, offering two sometimes competing, sometimes complementary, and always intertwined visions—one from Japan, the other from Burma and the Philippines. Yellen argues that, from 1940 to 1945, the Greater East Asia Co-Prosperity Sphere epitomized two concurrent wars for Asia's future: the first was for a new type of empire in Asia, and the second was a political war, waged by nationalist elites in the colonial capitals of Rangoon and Manila. Exploring Japanese visions for international order in the face of an ever-changing geopolitical situation, The Greater East Asia Co-Prosperity Sphere explores wartime Japan's desire to shape and control its imperial future while its colonies attempted to do the same. At Japan's zenith as an imperial power, the Sphere represented a plan for regional domination; by the end of the war, it had been recast as the epitome of cooperative internationalism. In the end, the Sphere could not survive wartime defeat, and Yellen's lucidly written account reveals much about the desires of Japan as an imperial and colonial power, as well as the ways in which the subdued colonies in Burma and the Philippines jockeyed for agency and a say in the future of the region.

East Asian Integration
East Asian Integration

Author: Lili Yan Ing

Publisher: Routledge

Published: 2019-05-22

Total Pages: 299

ISBN-13: 0429782489

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The growth of world trade has been stagnant in recent times; trade liberalisation now has been challenged. The recent rise of anti-globalisation calls for a better integration in East Asia. How should East Asia manage its openness? This book provides profound analyses on rules of origins, non-tariff measures, restrictiveness in services and investment. It gives insight into how East Asian countries should shape its trade, investment and industrial policies. This book helps to answer what kind of a better integration it should be, and how East Asia can realise it.

Global China
Global China

Author: Tarun Chhabra

Publisher: Brookings Institution Press

Published: 2021-06-22

Total Pages: 430

ISBN-13: 0815739176

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The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.

Collective Action in East Asia
Collective Action in East Asia

Author: Gregory W. Noble

Publisher: Cornell University Press

Published: 1998

Total Pages: 282

ISBN-13: 9780801431777

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This book offers a close look at the impact of industrial policies on collective action in East Asia - in Japan and Taiwan and, more briefly, in South Korea. Systematically comparative and based on interviews and original research in the local languages, it focuses on forms of collective action such as cartels, standardization, and research and development consortia in the consumer electronics and minimill steel industries. Gregory Noble combines detailed case studies with analyses of the political, bureaucratic, and industrial environments in which policy is crafted. He also considers how these environments have evolved in the past decade as long-ruling conservative parties have been challenged in all three countries.

China, East Asia and the Global Economy
China, East Asia and the Global Economy

Author: Takeshi Hamashita

Publisher: Routledge

Published: 2013-05-13

Total Pages: 224

ISBN-13: 1134040296

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Takeshi Hamashita, arguably Asia's premier historian of the longue durée, has been instrumental in opening a new field of inquiry in Chinese, East Asian and world historical research. Engaging modernization, Marxist and world system approaches, his wide-ranging redefinition of the evolving relationships between the East Asia regional system and the world economy from the sixteenth century to the present has sent ripples throughout Asian and international scholarship. His research has led him to reconceptualize the position of China first in the context of an East Asian regional order and subsequently within the framework of a wider Euro-American-Asian trade and financial order that was long gestating within, and indeed contributing to the shape of, the world market. This book presents a selection of essays from Takeshi Hamashita's oeuvre on Asian trade to introduce this important historian's work to the English speaking reader. It examines the many critical issues surrounding China and East Asia's incorporation to the world economy, including: Maritime perspectives on China, Asia and the world economy Intra-Asian trade Chinese state finance and the tributary trade system Banking and finance Maritime customs.

Managing Currency Crises in Emerging Markets
Managing Currency Crises in Emerging Markets

Author: Michael P. Dooley

Publisher: University of Chicago Press

Published: 2007-11-01

Total Pages: 456

ISBN-13: 0226155420

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The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a highly contentious issue in today's public policy circles. In this book, leading economists-many of whom have also participated in policy debates on these issues-consider how best to reduce the frequency and cost of such crises. The contributions here explore the management process from the beginning of a crisis to the long-term effects of the techniques used to minimize it. The first three chapters focus on the earliest responses and the immediate defense of a currency under attack, exploring whether unnecessary damage to economies can be avoided by adopting the right response within the first few days of a financial crisis. Next, contributors examine the adjustment programs that follow, considering how to design these programs so that they shorten the recovery phase, encourage economic growth, and minimize the probability of future difficulties. Finally, the last four papers analyze the actual effects of adjustment programs, asking whether they accomplish what they are designed to do-and whether, as many critics assert, they impose disproportionate costs on the poorest members of society. Recent high-profile currency crises have proven not only how harmful they can be to neighboring economies and trading partners, but also how important policy responses can be in determining their duration and severity. Economists and policymakers will welcome the insightful evaluations in this important volume, and those of its companion, Sebastian Edwards and Jeffrey A. Frankel's Preventing Currency Crises in Emerging Markets.