Palat, Ravi.

Capitalist Restructuring and the Pacific Rim. - 1st ed. - 1 online resource (289 pages) - Routledge Studies in the Modern History of Asia Ser. ; v.19 . - Routledge Studies in the Modern History of Asia Ser. .

Cover -- Capitalist Restructuring and the Pacific Rim -- Title Page -- Copyright Page -- Table of Contents -- List of illustrations -- Preface -- Acknowledgments -- Introduction: Dragons, tigers, and other myths of our time -- 1 Geopolitical ecology of US hegemony -- Korean War, military Keynesianism, and the new world order -- Free enterprise system and the changing socio-spatial dynamics of production -- 2 Strong states, weak societies: State and class in the Asian rimlands -- Recasting state-society relations -- Summary -- 3 The making of industrial behemoths: Patterns of state intervention and industrial organization -- Politics in command? -- Patterns of industrial organization -- 4 Crisis of US hegemony and the growth of regional economic integration in Pacific-Asia -- The gathering storm -- Riding the dollar juggernaut -- Making the 'miracle' economics of the Pacific Rim -- Reprise and preview -- 5 Debts and delusions: Crumbling of a regional economy -- Years of living dangerously -- A paradise of the blind -- Things fall apart -- A change of skies -- 6 A bonfire of illusions -- A brave new world -- Houses of glass -- Epilogue: A future imperfect: Remaking a regional economy -- Notes -- Bibliography -- Index.

This book situates the evolution of capitalist economies along Asia's Pacific Rim after the Second World War within broader global, political and economic changes. Specifically, it charts their growth at the interface of periodic crises and successive waves of restructuring, and links changes in the world economy to shifts in regional dynamics in east and southeast Asia. It suggests that while the expansion of Japanese corporate networks was crucial to the emergence of the region as a low-cost exporter to the world, the reintegration of China into the world market will free the region from its dependence on the US as a market of last resort.

9780203645437


East Asia -- Foreign economic relations -- United States.
Financial crises -- Pacific Area.
Pacific Area -- Economic conditions.
Pacific Area -- Economic integration.
Structural adjustment (Economic policy) -- Pacific Area.
United States -- Foreign economic relations -- East Asia.


Electronic books.

HC681 -- .P35 2004eb

330.95042

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