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The Enduring Legacies of the Global Financial Crisis in East Asia

The Enduring Legacies of the Global Financial Crisis in East Asia PDF Author: Iain Pirie
Publisher: Taylor & Francis
ISBN: 1040107656
Category : Political Science
Languages : en
Pages : 169

Book Description
The Enduring Legacies of the Global Financial Crisis in East Asia challenges the assumption that the global financial crisis had a limited structural impact on East Asian political economies, arguing that the crisis has led to a significant, if uneven, reorganization of major national political economies within the region where, in response to the crisis, states have promoted domestic processes of financialization as a means of stimulating their economies. The major East Asian economies, bar Japan, enjoyed strong recoveries from the 2008–2009 financial crisis. However, this success has been achieved by promoting domestic processes of financialization to maintain demand – more precisely, the rapid build-up of household debt (Malaysia, Korea, Taiwan, China) and asset price bubbles (China, Japan). In short, East Asia has employed precisely those practices that the global financial crisis itself illustrated the unsustainability of, to maintain growth. Using a post-Keynesian framework, the book argues that the dependency on these forms of financialization to support demand is a direct product of a failure to address the issue of inequality. High levels of inequality slow the growth of non-debt-based domestic consumption. An alternative approach to supporting demand in the post-crisis period would need to focus on progressive redistribution through strengthening of labour rights and systems of social support, which would directly challenge the interests of economic and political elites. The structural vulnerabilities that accelerated financialization is creating in East Asia demonstrate the necessity of a post-Keynesian growth strategy based on redistribution and curbing financialization. The book also argues that in certain Northeast Asian economies the crisis has led to a consolidation of systems of industrial activism/state control, which could have occurred without accelerated financialization, and vice versa. This book will be of great interest to students and scholars of political economy and Asian studies.

The Enduring Legacies of the Global Financial Crisis in East Asia

The Enduring Legacies of the Global Financial Crisis in East Asia PDF Author: Iain Pirie
Publisher: Taylor & Francis
ISBN: 1040107656
Category : Political Science
Languages : en
Pages : 169

Book Description
The Enduring Legacies of the Global Financial Crisis in East Asia challenges the assumption that the global financial crisis had a limited structural impact on East Asian political economies, arguing that the crisis has led to a significant, if uneven, reorganization of major national political economies within the region where, in response to the crisis, states have promoted domestic processes of financialization as a means of stimulating their economies. The major East Asian economies, bar Japan, enjoyed strong recoveries from the 2008–2009 financial crisis. However, this success has been achieved by promoting domestic processes of financialization to maintain demand – more precisely, the rapid build-up of household debt (Malaysia, Korea, Taiwan, China) and asset price bubbles (China, Japan). In short, East Asia has employed precisely those practices that the global financial crisis itself illustrated the unsustainability of, to maintain growth. Using a post-Keynesian framework, the book argues that the dependency on these forms of financialization to support demand is a direct product of a failure to address the issue of inequality. High levels of inequality slow the growth of non-debt-based domestic consumption. An alternative approach to supporting demand in the post-crisis period would need to focus on progressive redistribution through strengthening of labour rights and systems of social support, which would directly challenge the interests of economic and political elites. The structural vulnerabilities that accelerated financialization is creating in East Asia demonstrate the necessity of a post-Keynesian growth strategy based on redistribution and curbing financialization. The book also argues that in certain Northeast Asian economies the crisis has led to a consolidation of systems of industrial activism/state control, which could have occurred without accelerated financialization, and vice versa. This book will be of great interest to students and scholars of political economy and Asian studies.

Global and Regional Strategies in the Middle East

Global and Regional Strategies in the Middle East PDF Author: Leila Nicolas
Publisher: Taylor & Francis
ISBN: 104011640X
Category : Political Science
Languages : en
Pages : 300

Book Description
Global and Regional Strategies in the Middle East explores hegemony in the Middle East through understanding different dimensions of power politics and the consequences of the hegemonic ambitions of both global and regional powers. The book adds new aspects to the extensive literature on grand strategies in the Middle East by exploring and evaluating competing strategies from an "insider" perspective. First, it highlights the main determinants of Global powers' grand strategies, assesses the ones applied in the Middle East, and forecasts future strategies after the Ukraine war in alignment with other rival states' capabilities and goals. It then underlines regional dynamics and the hegemonic quest of regional powers and their power politics' determinants since the "War on terror," the Arab Spring, and, more recently, the Russian intervention in Ukraine and Israel-Gaza conflict. The book broadens readers' perspectives by clarifying the region's dynamics that shaped the global and regional power rivalries, where security concerns, economic interests, oil supplies, and hegemonic ambitions make it complicated for the US to keep influence and the total control it had during the late 20th century. This book will be of great interest to scholars and students of the MENA region, International Relations and Strategic Studies.

US Hegemony, American Troops Abroad and Burden-Sharing

US Hegemony, American Troops Abroad and Burden-Sharing PDF Author: Nobuki Kawasaki
Publisher: Taylor & Francis
ISBN: 1040266029
Category : Political Science
Languages : en
Pages : 182

Book Description
Kawasaki, Sakade, Zimmerman, and their contributors examine the historical development of burden-sharing among the United States (US) and its allies after World War II, looking at examples from Western Europe and East Asia. Through a series of case studies, the contributors to this volume identify the characteristics and historical transformations in the burden-sharing relationships between the US and its allies. In addition to diplomatic and security concerns, they also look at the economic and financial dimensions of burden-sharing and how all these elements are intertwined. They also address the different dynamics of burden-sharing between the US and Western Europe – notably Germany and the United Kingdom (UK) – on the one hand and between the US and East Asia – particularly Japan and Korea – on the other. In particular, they argue that while Western European countries provided most of the economic and political support for American policies until the 1960s, the economic support from East Asian countries became much more important from the 1970s onwards. This book is a valuable contribution to the literature on burden-sharing and strategic alliance for scholars of international relations and the diplomatic history of the Cold War.

Mexico-China Relations

Mexico-China Relations PDF Author: Francisco Antonio-Alfonso
Publisher: Taylor & Francis
ISBN: 1040257321
Category : Political Science
Languages : en
Pages : 211

Book Description
This book analyses contemporary Mexico-China relations as a complex cultural encounter. Through an unprecedented analysis of the discursive production of a series of diplomatic, media and academic sources, this book demonstrates how, embedded in the great technological and political transformations of our transition into the 21st century, Mexico-China relations embodied a complex process of knowledge formation, confronting their socially constructed conceptions of time, space and otherness: a cultural encounter. The book advances the idea that the cultural encounter between Mexico and China provides a fundamental case for understanding world politics and human interaction from a truly global perspective and beyond reductionist views of reality. Unlike previous works, which have predominantly focused on economics or geopolitics – strongly influenced by a realist approach – the book will present the subject as a dynamic interaction between ideological and material factors. Mexico-China Relations contributes to the study of otherness construction and critical understanding of the non-Western world in international relations (IR). It will appeal to researchers and students of IR theory, political theory, cultural studies and studies of the impact of cultural influences on foreign policy, as well as professionals working on Sino-Latin American relations.

The Foreign Policy of Irregular Migration Governance

The Foreign Policy of Irregular Migration Governance PDF Author: Gabriele Abbondanza
Publisher: Taylor & Francis
ISBN: 1040253253
Category : Political Science
Languages : en
Pages : 135

Book Description
Irregular migration is one of the most momentous phenomena of the 21st century. While it is a life‐changing process for migrants themselves, it also entails a number of significant challenges for destination countries and their local populations. Consequently, irregular migration is now a heavily debated and polarising issue in most receiving states. However, the multiple perspectives on this phenomenon are rarely assessed together, and states’ role in shaping national and international responses remains understudied, which hinders a comprehensive understanding of irregular migration governance. To address this issue, this innovative book investigates irregular migration by concurrently analysing the viewpoints of migrants, states, and their local populations. To that end, it builds on multidisciplinary insights from international relations, migration studies, political science, and other disciplines, and adopts Italy and Australia as two highly relevant yet rarely compared case studies, with a focus on their migratory foreign policies. In arguing for a multidisciplinary and holistic interpretation of irregular migration, it sheds new light on an influential and permanent feature of our times through key theory, security, and policy implications, as well as with relevant proposals. It also provides an assessment of unfolding trends, novel insights, and potential future outlooks based on the latest data and published research. This book is therefore a valuable resource for academics, migration and security professionals, policymakers, diplomats, journalists, and students.

The Soft Power of Non-Western Small States

The Soft Power of Non-Western Small States PDF Author: Sarina Theys
Publisher: Taylor & Francis
ISBN: 1040132154
Category : Political Science
Languages : en
Pages : 112

Book Description
This book critically engages with the concepts of small states and soft power and advances a new approach to defining small states, a new conceptualisation of soft power, and a method for empirically analysing the exercise of soft power. It revisits the concepts of small states and soft power with a focus on Bhutan and Qatar and their approach to exercise soft power to achieve their foreign policy goals. Building on two main perspectives to define small states – the objective approach and the subjective perspective – this book offers an intersubjective approach to define states as small. The intersubjective approach requires a shared understanding between states that a certain state is small. The book further highlights the importance of deconstructing the meaning of size and to separate the notion of size from the concept of power because size is not always indicative of power. It argues that although small states tend to have fewer material resources than large states, they nevertheless can have influence through the exercise of soft power. Soft power is in this book defined as the ability of an actor to convince another actor that something is true. Convincing deals with the beliefs of an actor and is a mental decision rather than a physical action. This book argues that the exercise of soft power can be analysed through examining the development, projection, and reception of identities. The findings of this book show that Bhutan was more successful than Qatar in exercising soft power and explains the reasons for this variation. Aimed at a multidisciplinary audience, this book will be of particular interest to practitioners, scholars, and students of International Relations, Political Power, Small States, and Area Studies.

The Impact of UNESCO on States' Cultural Policies

The Impact of UNESCO on States' Cultural Policies PDF Author: Alexandre Couture Gagnon
Publisher: Taylor & Francis
ISBN: 1040109101
Category : Political Science
Languages : en
Pages : 147

Book Description
The Impact of UNESCO on States' Cultural Policies focuses on the impact of the 2005 Convention on Diversity of Cultural Expressions on the cultural policies of eight states and substates, examining how they have integrated it into their own cultural policy. Cultural diversity presents a challenge for all governments. As migration increases and technology makes access to worldwide cultural products easier, governments seek to maintain a vibrant culture within their states or substates so that their populations can keep a strong sense of identity. Cultural policies become key to balance cultural diversity and national identity, or to promote them in parallel. The book addresses three main themes: how governments deal with cultural diversity, especially in their cultural policies; what the impact of an international convention on individual states’ policies is; and how different states’ status (i.e. size) on the international scene affects their implementation of an international convention. Providing a systematic comparative analysis, this book will be of great interest to students and scholars of public policy, cultural policy and international organizations. It will also be useful to policymakers involved in cultural policy.

The Legacy of Division

The Legacy of Division PDF Author: Ferenc Laczó
Publisher: Central European University Press
ISBN: 9633863759
Category : History
Languages : en
Pages : 344

Book Description
This volume examines the legacy of the East–West divide since the implosion of the communist regimes in Europe. The ideals of 1989 have largely been frustrated by the crises and turmoil of the past decade. The liberal consensus was first challenged as early as the mid-2000s. In Eastern Europe, grievances were directed against the prevailing narratives of transition and ever sharper ethnic-racial antipathies surfaced in opposition to a supposedly postnational and multicultural West. In Western Europe, voices regretting the European Union's supposedly careless and premature expansion eastward began to appear on both sides of the left–right and liberal–conservative divides. The possibility of convergence between Europe's two halves has been reconceived as a threat to the European project. In a series of original essays and conversations, thirty-three contributors from the fields of European and global history, politics and culture address questions fundamental to our understanding of Europe today: How have perceptions and misperceptions between the two halves of the continent changed over the last three decades? Can one speak of a new East–West split? If so, what characterizes it and why has it reemerged? The contributions demonstrate a great variety of approaches, perspectives, emphases, and arguments in addressing the daunting dilemma of Europe's assumed East–West divide.

Managing Across Diverse Cultures in East Asia

Managing Across Diverse Cultures in East Asia PDF Author: Malcolm Warner
Publisher: Routledge
ISBN: 1136260293
Category : Social Science
Languages : en
Pages : 322

Book Description
Why ‘Managing across diverse cultures in East Asia’? We re-examine in this book the link between culture and management across the region vis a vis the new economic, political and social landscape that has appeared over the last decade. We accordingly present a set of chapters on East Asian cultures, economies, societies and their management across the board, focusing on countries such as China, Japan, South Korea, as well as the Overseas Chinese enclaves of Hong Kong SAR, Macao and Taiwan. The contributors to this edited book are all specialists in their respective fields; they hail from a variety of universities and business schools across the world, located in a wide range of countries in the East and in the West. The chapters, we believe, reflect a balance between the past and present, theory and practice, as well as the general and the particular. 'East Asia could not be more important. Malcolm Warner could not be more insightful. Reading Managing Across Diverse Cultures in East Asia will allow you to gain a profound understanding of the cultural complexity in this dynamic region of the world.' - Nancy J. Adler, McGill University, Montreal 'We all need to understand more about management in East Asia, and to learn from it. Managing Across Diverse Cultures in East Asia has contributions from international experts who provide significant insights into the cultures of the most dynamic region in the world today. This book is a landmark publication.' - John Child, University of Birmingham 'This edited volume, with contributions by significant scholars from around the globe, provides a timely and penetrating review of management issues across East Asia, a region that rivals Europe and North American in economic significance and is still ascending. It is a must read for anyone who is interested in international management.' - Kwok Leung, City University of Hong Kong 'Helping a new generation of readers interested in this important region to make better sense, Managing Across Diverse Cultures in East Asia is destined to become a new classic. I expect this well-researched book to be widely read, cited, and debated in the years to come.' - Mike W Peng, University of Texas at Dallas 'Having had such unexpected disasters as earthquakes, floods and financial crises in recent years, we are increasingly dependent on people-management. Development of human resources, in turn, requires region-specific and organization-specific strategies. The present volume edited by Malcolm Warner points the reader to the secret of success in high-performing economies and firms in East Asia.' - Yoko Sano, Kaetsu University, Tokyo

Controversial History Education in Asian Contexts

Controversial History Education in Asian Contexts PDF Author: Mark Baildon
Publisher: Routledge
ISBN: 1135014205
Category : History
Languages : en
Pages : 330

Book Description
This book examines both history textbook controversies AND teaching historical controversy in Asian contexts. The different perspectives provided by the book’s authors offer numerous insights, examples, and approaches for understanding historical controversy to provide a practical gold mine for scholars and practitioners. The book provides case studies of history textbook controversies ranging from treatments of the Nanjing Massacre to a comparative treatment of Japanese occupation in Vietnamese and Singaporean textbooks to the differences in history textbooks published by secular and Hindu nationalist governments in India. It also offers a range of approaches for teaching historical controversy in classrooms. These include Structured Academic Controversy, the use of Japanese manga, teaching controversy through case studies, student facilitated discussion processes, and discipline-based approaches that can be used in history classrooms. The book’s chapters will help educational researchers and curricularists consider new approaches for curriculum design, curriculum study, and classroom research.