Capitalist restructuring and the Pacific Rim
By: Ravi Arvind Palat.
Series: Routledgecurzon studies in the modern history of Asia ;; 19
Publisher: Routledge
Published: 2004
Place of publication: New York
Language: eng
Number of pages: 275
Subjects: Financial crises -- Pacific Area.; Structural adjustment (Economic policy) -- Pacific Area.; Pacific Area -- Economic conditions.; Pacific Area -- Economic integration.; United States -- Foreign economic relations -- East Asia.; East Asia -- Foreign economic relations -- United States.
Description: "This book situates the evolution of the high growth economies along Asia's Pacific Rim after the Second World War within broader global political and economic changes. Specifically, it charts the growth of capitalist economies in the region throughout periodic crises and successive waves of restructuring, and links changes in the world economy to shifts in the domestic political economies of East and Southeast Asia. It suggests that the financial crisis of 1997-98 laid the basis for a new phase of regional economic integration in Pacific-Asia." "Through this detailed analysis of regional economic growth the integration since 1945, Capitalist Restructuring and the Pacific Rim concludes that the continued accumulation of capital in East and Southeast Asia is undermining the material foundations of US power." "This comprehensive survey of the emergence of Asia's Pacific Rim will intrigue and inform scholars of Asian Studies, Sociology, and Development Studies alike."--Jacket.
Notes: Includes bibliographical references and index.
Table of contents: title: Geopolitical ecology of US hegemony; title: Strong states, weak societies : state and class in the Asian rimlands; title: The making of industrial behemoths : patterns of state; title: Intervention and industrial organization; title: Crisis of US hegemony and the growth of regional economic integration in Pacific-Asia; title: Debts and delusions : crumbling of a regional economy; title: A bonfire of illusions; title: Epilogue : a future imperfect remaking a regional economy.