Two Crises, Different Outcomes Book Reviews
Two Crises, Different Outcomes by T. J. Pempel & Keiichi Tsunekawa Book Summary
Two Crises, Different Outcomes 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. 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 single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success.Contributors: Muhamad Chatib Basri, Minister of Finance of the Republic of Indonesia and Professor of Economics at the University of Indonesia; Yun-han Chu, Institute of Political Science, Academia Sinica; Richard Doner, Emory University; Barry Naughton, University of California, San Diego; Yasunobu Okabe, Japan International Cooperation Agency Research Institute; T. J. Pempel, University of California, Berkeley; Thomas Pepinsky, Cornell University; Keiichi Tsunekawa, National Graduate Institute for Policy Studies, Tokyo
Book Name | Two Crises, Different Outcomes |
Genre | Political Science |
Author | T. J. Pempel & Keiichi Tsunekawa |
Published | 06 May 2015, Wednesday |
Language | English |
E-Book Size | 1.58 MB |
Two Crises, Different Outcomes (T. J. Pempel & Keiichi Tsunekawa) Book Reviews 2024
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Summary of Two Crises, Different Outcomes by T. J. Pempel & Keiichi Tsunekawa
The Two Crises, Different Outcomes book written by T. J. Pempel & Keiichi Tsunekawa was published on 06 May 2015, Wednesday in the Political Science category. A total of 44 readers of the book gave the book 0 points out of 5.
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