1st Edition

Capitalist Restructuring and the Pacific Rim

By Ravi Palat Copyright 2004
    296 Pages
    by Routledge

    292 Pages
    by Routledge

    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.

    Preface and Acknowledgements List of Tables and Figures Introduction: Dragons, Tigers and Other Myths of Our Time 1. Geopolitical Ecology of US Hegemony Korean War, Military Keynesianism, and the New World Order Free Enterprise System and the Changing Socio-Spatial Dynamics of Production 2. Strong States, Weak Societies: State and Class in the Asian Rimlands Recasting State-Society Relations Summary 3. The Making of Industrial Behemoths: Patterns of State Intervention and Industrial Organization Politics in Command? Patterns of Industrial Organization 4. Crisis of US Hegemony and the Growth of Regional Economic Integration in Pacific-Asia The Gathering Storm Riding the Dollar Juggernaut Making the 'Miracle' Economies of the Pacific Rim Reprise and Review 5. Debts and Delusions: Crumbling of a Regional Economy Years of Living Dangerously A Paradise of the Blind Things Fall Apart A Change of Skies 6. A Bonfire of Illusions A Brave New World Houses of Glass Epilogue: A Future Imperfect: Remaking a Regional Economy Notes Tables Figures Bibliography


    Ravi Arvind Palat is an Associate Professor of Sociology at the State University of New York at Binghampton and has previously taught at the Universities of Hawaii and Auckland.

    'A very detailed synthesis of a large variety of empirical materials presented in previous scholarly work by other social scientists.' - Progress in Human Geography