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About this product
- DescriptionIn the summer of 1997, a tidal wave of ecomic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted Asian Ecomic Miracle became the Asian Ecomic Crisis -with serious repercussions for nations and markets around the world. While the headlines are still fresh, a group of experts on the region presents the first account to focus on the political causes and implications of the crisis. The events of 1997-98 involved t just property values, financial flows, portfolio makeup, and debt ratios, they argue, but also the power relationships that shaped those ecomic indicators.As they examine the domestic, regional, and international politics that underlay the ecomic collapse, the authors analyze the reasons why the crisis affected the nations of Asia in radically different ways. The authors also consider whether the crisis indicates a radical change in Asia's ecomic future.
- Author BiographyT. J. Pempel is Jack M. Forcey Professor of Political Science at the University of California, Berkeley. He is the coeditor of Crisis as Catalyst: Asia's Dynamic Political Economy, also from Cornell, and Japan in Crisis: What Will It Take for Japan to Rise Again?
- PublisherCornell University Press
- Date of Publication09/09/1999
- SubjectPolitical Science & Theory
- Series TitleCornell Studies in Political Economy
- Place of PublicationIthaca
- Country of PublicationUnited States
- ImprintCornell University Press
- Content Note12
- Weight457 g
- Width156 mm
- Height235 mm
- Spine19 mm
- Edited byT. J. Pempel
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