Description:
In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted "Asian Economic Miracle" became the "Asian Economic...
Brief description: T. J. Pempel is Jack M. Forcey Professor of Political Science and Director of the Institute of East Asian Studies, Professor of Political Science, and holder of the Il Han New Chair at the University of California, Berkeley. He is the author or editor of many books, including Regime Shift: Comparative Dynamics of the Japanese Political Economy, Crisis as Catalyst: Asia's Dynamic Political Economy, and The Politics of the Asian Economic Crisis (all from Cornell) and Japan in Crisis: What Will It Take for Japan to Rise Again?
Review Quotes:
The Politics of the Asian Economic Crisis is a must read for anyone interested in the national, regional, and global dimensions of the Asian economic crisis.... It has far-reaching comparative implications beyond... Asia.... Indeed, major economic crisis is nothing new to Latin America, and the former Soviet states have many lessons to learn, particularly as they navigate the rocky waters of the dual transition to democracy and a market-based economy.
-- "Journal of East Asian Studies"