This book is an edited volume of eleven chapters that focus on state policy and its consequences for economic development and social transformation in East Asia. The introductory chapter anticipates the conclusions of the chapters to follow, arguing that an adequate explanation of the &'Asian miracl.
China's ongoing transformation and expanding economic prowess has sustained interest in the models of Asian economic development. The earlier successes of the "Asian Tiger" economies of South Korea, Taiwan, Hong Kong, and Singapore and the historic and current preeminence of Japan as both a regional and world economic power, inspire more in-depth and comparative studies of these Asian models. "Growth and Crises in the Asian Pacific Rim" familiarizes the reader with the various Asian models of development, exploring both the strengths and weaknesses of these paradigms. Economic dynamism in East Asia during the last sixty years provides a multitude of case studies that illustrate economic fundamentals, such as the development of economic bubbles and currency crises. This book is designed as a textbook for both undergraduate and graduate students and is accessible to readers with a rudimentary knowledge of economics. Although the book endeavors to explain the phenomenon of economic growth and development, the selections are written from various disciplinary perspectives such as economics, history, political science, sociology, anthropology, business, and international relations. It is appropriate for course use in other social science disciplines and business areas focusing on the study of Asian Pacific Rim development. The general reader seeking to understand the various modes of growth and development of rapidly evolving regions such as the Asian Pacific Rim will find the book's selections illuminating. Margaret Malixi is professor of economics at California State University-Bakersfield. Her research interests and publications lie in the area of international economics, open economy macroeconomics, applied econometrics, and Asian Pacific Rim development.
Combining an analysis of regionalism from a systemic view with a domestic political-economy analysis, this book sheds light on the new dynamics and emerging configurations of regionalisms and interregionalisms in the post-Trans-Pacific Partnership (TPP). Donald Trump’s presidency has transformed trans-Pacific economic and political relations, contrasting sharply with President Obama’s ‘pivot to Asia’ strategy. Unilateralism and bilateralism have returned to the center stage, at the cost of regionalism, interregionalism, and multilateralism. Understanding these new dynamics requires closer examination of the underlying domestic political economies. Examining ten country case studies of multi-actor agency at the national level, expert contributors argue that trans-Pacific relations should not only be explained in terms of the behavior of the major powers, but that medium powers, and even small countries, can exert influence and occupy strategic nodes and contribute to shaping a new international relations network. Their findings will be of interest to scholars of international relations, international political economy, regionalism, and international economics.
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.
Considering the examples of Australia and the Pacific Rim, Growth and Productivity in East Asia offers a contemporary explanation for national productivity that measures contributions not only from capital and labor, but also from economic activities and relevant changes in policy, education, and technology. Takatoshi Ito and Andrew K. Rose have organized a group of collaborators from several Asian countries, the United States, and other parts of the globe who ably balance both macroeconomic and microeconomic study with theoretical and empirical approaches. Growth and Productivity in East Asia gives special attention to the causes for the unusual success of Australia, one of the few nations to maintain unprecedented economic growth despite the 1997 Asian financial crisis and the 2001 global downturn. A new database comprising eighty-four Japanese sectors reveals new findings for the last thirty years of sectoral productivity and growth in Japan. Studies focusing on Indonesia, Taiwan, and Korea also consider productivity and its relationship to research and development, foreign ownership, and policy reform in such industries as manufacturing, automobile production, and information technology.
Discussions on the global economy focus on the hyper-mobility of capital, the possibility of instantaneous transmission of information and money around the globe, the centrality of information outputs to our economic systems and emphasise the neutralisation of geography and of places. What is ignored, however, is that even the most advanced information industries need a material infrastructure of buildings and work processes, and considerable agglomeration, in order to operate in global markets. Further, the globalisation of economic activity has brought with it not only a vast dispersal of offices and factories, but also a growing importance of central functions to manage and coordinate such worldwide networks of activities. The development of global urban projects is one manifestation of this move towards centrality in urban situations. These large-scale urban projects are the result of governments' seeking competitive advantage in the global economy. They are critical components of a nation's global infrastructure. In the booming economies of the Asia Pacific Rim prior to the Asian Economic Crisis these urban developments were seen as key components of national economic policies. In their making they require a conscious effort to arrange material infrastructure and reinforce that there is a role for urban design in this making. Emerging Urbanity is an exploration of this role in nine global urban projects in the Asia Pacific Rim.
The Pacific has long been a space of conquest, exploration, fantasy, and resistance. Pacific Islanders had established civilizations and cultures of travel well before European explorers arrived, initiating centuries of upheaval and transformation. The twentieth century, with its various wars fought in and over the Pacific, is only the most recent era to witness military strife and economic competition. While “Asia Pacific” and “Pacific Rim” were late twentieth-century terms that dealt with the importance of the Pacific to the economic, political, and cultural arrangements that span Asia and the Americas, a new term has arisen—the transpacific. In the twenty-first century, U.S. efforts to dominate the ocean are symbolized not only in the “Pacific pivot” of American policy but also the development of a Transpacific Partnership. This partnership brings together a dozen countries—not including China—in a trade pact whose aim is to cement U.S. influence. That pact signals how the transpacific, up to now an academic term, has reached mass consciousness. Recognizing the increasing importance of the transpacific as a word and concept, this anthology proposes a framework for transpacific studies that examines the flows of culture, capital, ideas, and labor across the Pacific. These flows involve Asia, the Americas, and the Pacific Islands. The introduction to the anthology by its editors, Janet Hoskins and Viet Thanh Nguyen, consider the advantages and limitations of models found in Asian studies, American studies, and Asian American studies for dealing with these flows. The editors argue that transpacific studies can draw from all three in order to provide a critical model for considering the geopolitical struggle over the Pacific, with its attendant possibilities for inequality and exploitation. Transpacific studies also sheds light on the cultural and political movements, artistic works, and ideas that have arisen to contest state, corporate, and military ambitions. In sum, the transpacific as a concept illuminates how flows across the Pacific can be harnessed for purposes of both domination and resistance. The anthology’s contributors include geographers (Brenda S. A. Yeoh, Weiqiang Lin), sociologists (Yen Le Espiritu, Hung Cam Thai), literary critics (John Carlos Rowe, J. Francisco Benitez, Yunte Huang, Viet Thanh Nguyen), and anthropologists (Xiang Biao, Heonik Kwon, Nancy Lutkehaus, Janet Hoskins), as well as a historian (Laurie J. Sears), and a film scholar (Akira Lippit). Together these contributors demonstrate how a transpacific model can be deployed across multiple disciplines and from varied locations, with scholars working from the United States, Singapore, Japan and England. Topics include the Cold War, the Chinese state, U.S. imperialism, diasporic and refugee cultures and economies, national cinemas, transpacific art, and the view of the transpacific from Asia. These varied topics are a result of the anthology’s purpose in bringing scholars into conversation and illuminating how location influences the perception of the transpacific. But regardless of the individual view, what the essays gathered here collectively demonstrate is the energy, excitement, and insight that can be generated from within a transpacific framework.