{"product_id":"two-crises-different-outcomes-east-asia-and-global-finance-hardback-9780801453403","title":"Two Crises, Different Outcomes; East Asia and Global Finance (Hardback) 9780801453403","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eTwo Crises, Different Outcomes\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eEast Asia and Global Finance\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eT. J. Pempel (Edited by), Keiichi Tsunekawa (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780801453403\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 8 December 2014\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e280 pages, 10 tables, 22 charts - 10 Tables, unspecified\u003cbr\u003e23.5 x 15.5 x 2.4 cm, 0.907 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eT. J. Pempel and Keiichi Tsunekawa have edited a volume that succeeds in providing a comprehensive overview of the extent to which domestic politics across several East Asian countries determined their responses—and fate—during each of the crises.... Considering that the region seems to have learnt from the 1997–8 experience, this should be of interest to scholars and policy-makers in the region and beyond.\u003c\/p\u003e - Ramon Pacheco Pardo (International Affairs) \u003cp\u003e[The book's arguments are made] cogently and with strong empirical backing.... Moreover, the essays on the region's different economies provide important nuances to the book's central arguments.\u003c\/p\u003e - Walden Flores Bello (Focus on the Global South, Southeast Asian Studies)\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eTwo Crises, Different Outcomes\u003c\/i\u003e\u003c\/b\u003e\u003cb\u003e examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98\u003c\/b\u003e. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since.\u003c\/p\u003e \u003cp\u003eThe authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eIntroduction: Crises, Corrections, and Challenges\u003cbr\u003e \u003ci\u003eby T. J. Pempel and Keiichi Tsunekawa\u003c\/i\u003eChapter 1. Two Crises, Two Outcomes\u003cbr\u003e \u003ci\u003eby T. J. Pempel\u003c\/i\u003e\u003cb\u003ePART 1. Dealing with Crises: Continuities and Changes\u003c\/b\u003eChapter 2. A Tale of the Two Crises: Indonesia's Political Economy\u003cbr\u003e \u003ci\u003eby Muhammad Chatib Basri\u003c\/i\u003eChapter 3. Unraveling the Enigma of East Asian Economic Resiliency: The Case of Taiwan\u003cbr\u003e \u003ci\u003eby Yun-han Chu\u003c\/i\u003eChapter 4. Reacting to Financial Crises: Institutional Path Dependence in Korea and Thailand\u003cbr\u003e \u003ci\u003eby Yasunobu Okabe\u003c\/i\u003eChapter 5. China and th Two Crises: From 1997 to 2009\u003cbr\u003e \u003ci\u003eby Barry Naughton\u003c\/i\u003e\u003cb\u003ePART 2. Toward a Second East Asia Miracle?\u003c\/b\u003eChapter 6. Political Business and External Vulnerability in Southeast Asia\u003cbr\u003e \u003ci\u003eby Thomas B. Pepinsky\u003c\/i\u003eChapter 7. Success as Trap? Crises and Challenges in Export-Oriented Southeast Asia\u003cbr\u003e \u003ci\u003eby Richard Doner\u003c\/i\u003eChapter 8. Japan: The Political Economy of Long Stagnation\u003cbr\u003e \u003ci\u003eby Keiichi Tsunekawa\u003c\/i\u003eConclusion: Toward a Second East Asia Miracle?\u003cbr\u003e \u003ci\u003eby T. J. Pempel and Keiichi Tsunekawa\u003c\/i\u003e\u003ci\u003eWorks Cited\u003cbr\u003e Index\u003c\/i\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cornell University Press","offers":[{"title":"Brand New","offer_id":52541787013400,"sku":"9780801453403","price":91.99,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/freshlyprintedbooks.co.uk\/products\/two-crises-different-outcomes-east-asia-and-global-finance-hardback-9780801453403","provider":"Freshly Printed Books","version":"1.0","type":"link"}