Capitalist Restructuring and the Pacific Rim

Nonfiction, History, Asian, Asia, Social & Cultural Studies, Social Science, Cultural Studies, Ethnic Studies, Political Science
Cover of the book Capitalist Restructuring and the Pacific Rim by Ravi Palat, Taylor and Francis
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Author: Ravi Palat ISBN: 9781134790968
Publisher: Taylor and Francis Publication: July 31, 2004
Imprint: Routledge Language: English
Author: Ravi Palat
ISBN: 9781134790968
Publisher: Taylor and Francis
Publication: July 31, 2004
Imprint: Routledge
Language: English

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.

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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.

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