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Two Crises, Different Outcomes: East Asia And Global Finance (Cornell Studies In Political Economy)-used
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Two Crises, Different Outcomes Examines East Asian Policy Reactions To The Two Major Crises Of The Last Fifteen Years: The Global Financial Crisis Of 20089 And The Asian Financial Crisis Of 199798. 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.The 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 Singlecountry Expertise And Comparative Analysis, They Conclude By Assessing The Longterm Prospects That Asian Countries Will Continue Their Recent Success.
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- Q: What is 'Two Crises, Different Outcomes' about? A: This book examines East Asian policy responses to the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98, highlighting the different outcomes of these crises.
- Q: Who is the author of this book? A: The book is authored by T. J. Pempel, a recognized expert in political economy.
- Q: What are the key differences in East Asia's response to the two crises? A: The book discusses how East Asia avoided the worst effects of the 2008 financial crisis compared to the severe impact of the 1997 crisis, detailing changes in policy and economic structures.
- Q: What is the publication date of this book? A: The book was published on December 8, 2014.
- Q: How many pages does the book contain? A: The book contains 280 pages.
- Q: What type of binding does this book have? A: It is available in paperback binding.
- Q: Is the book in new condition? A: Yes, the item condition is listed as Mint, indicating it is in new condition.
- Q: What category does this book fall under? A: The book is categorized under Comparative studies in political economy.
- Q: What insights does the book provide about the Asian economies? A: It offers insights into how Asian economies weathered the 2008 crisis and discusses the long-term prospects for their continued success.
- Q: Is this book suitable for someone studying political economy? A: Yes, it is ideal for students and professionals interested in political economy, especially in the context of East Asia.