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.
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