LEADER 05054nam 2200721 450 001 9910788152603321 005 20200520144314.0 010 $a0-8014-5501-4 010 $a0-8014-7971-1 010 $a0-8014-5502-2 024 7 $a10.7591/9780801455025 035 $a(CKB)2670000000602282 035 $a(SSID)ssj0001461603 035 $a(PQKBManifestationID)11935140 035 $a(PQKBTitleCode)TC0001461603 035 $a(PQKBWorkID)11478414 035 $a(PQKB)10905937 035 $a(MiAaPQ)EBC3138694 035 $a(OCoLC)1080549755 035 $a(MdBmJHUP)muse58234 035 $a(DE-B1597)496539 035 $a(OCoLC)905221068 035 $a(DE-B1597)9780801455025 035 $a(Au-PeEL)EBL3138694 035 $a(CaPaEBR)ebr11033238 035 $a(CaONFJC)MIL752092 035 $a(OCoLC)922998620 035 $a(EXLCZ)992670000000602282 100 $a20150325h20152015 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aTwo crises, different outcomes $eEast Asia and global finance /$fedited by T. J. Pempel and Keiichi Tsunekawa ; contributors, Muhammad Chatib Basri [and seven others] 210 1$aIthaca, New York ;$aLondon, [England] :$cCornell University Press,$d2015. 210 4$dİ2015 215 $a1 online resource (280 pages) $cillustrations, tables, graphs 225 1 $aCornell Studies in Political Economy 300 $a"Papers originally presented at two conferences held in September 2010 and February 2012 at the Japan International Cooperation Agency Research Institute." 311 $a0-8014-5340-2 311 $a1-336-20806-6 320 $aIncludes bibliographical references and index. 327 $tFrontmatter -- $tContents -- $tIllustrations -- $tPreface -- $tContributors -- $tIntroduction / $rPempel, T. J. / Tsunekawa, Keiichi -- $t1. Two Crises, Two Outcomes / $rPempel, T. J. -- $tPart 1. Dealing With Crises -- $t2. A Tale Of The Two Crises / $rBasri, Muhammad Chatib -- $t3. Unraveling The Enigma Of East Asian Economic Resiliency / $rChu, Yun-han -- $t4. Reacting To Financial Crises / $rOkabe, Yasunobu -- $t5. China And The Two Crises / $rNaughton, Barry -- $tPart 2. Toward A Second East Asia Miracle? -- $t6. Political Business And External Vulnerability In Southeast Asia / $rPepinsky, Thomas B. -- $t7. Success As Trap? / $rDoner, Richard -- $t8. Japan / $rTsunekawa, Keiichi -- $tConclusion / $rPempel, T. J. / Tsunekawa, Keiichi -- $tWorks Cited -- $tIndex 330 $aTwo Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008-9 and the Asian financial crisis of 1997-98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time, Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since.The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success.Contributors: Muhamad Chatib Basri, Minister of Finance of the Republic of Indonesia and Professor of Economics at the University of Indonesia; Yun-han Chu, Institute of Political Science, Academia Sinica; Richard Doner, Emory University; Barry Naughton, University of California, San Diego; Yasunobu Okabe, Japan International Cooperation Agency Research Institute; T. J. Pempel, University of California, Berkeley; Thomas Pepinsky, Cornell University; Keiichi Tsunekawa, National Graduate Institute for Policy Studies, Tokyo 410 0$aCornell studies in political economy. 606 $aFinancial crises$zAsia$vCongresses 606 $aGlobal Financial Crisis, 2008-2009$vCongresses 607 $aAsia$xEconomic conditions$y1945-$vCongresses 607 $aAsia$xEconomic conditions$y21st century$vCongresses 615 0$aFinancial crises 615 0$aGlobal Financial Crisis, 2008-2009 676 $a330.95/0429 702 $aPempel$b T. J.$f1942- 702 $aTsunekawa$b Keiichi$f1948- 702 $aBasri$b Muhammad Chatib 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910788152603321 996 $aTwo crises, different outcomes$93709574 997 $aUNINA