LEADER 04650nam 2200709Ia 450 001 9910789831303321 005 20231212092132.0 010 $a0-8014-5872-2 024 7 $a10.7591/9780801458729 035 $a(CKB)2670000000080838 035 $a(EBL)3138023 035 $a(OCoLC)726824285 035 $a(SSID)ssj0000482822 035 $a(PQKBManifestationID)11341252 035 $a(PQKBTitleCode)TC0000482822 035 $a(PQKBWorkID)10529138 035 $a(PQKB)11656724 035 $a(OCoLC)966825639 035 $a(MdBmJHUP)muse51776 035 $a(DE-B1597)478522 035 $a(OCoLC)979954118 035 $a(DE-B1597)9780801458729 035 $a(Au-PeEL)EBL3138023 035 $a(CaPaEBR)ebr10457645 035 $a(CaONFJC)MIL951847 035 $a(MiAaPQ)EBC3138023 035 $a(EXLCZ)992670000000080838 100 $a20090914d2010 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aAsia's flying geese$b[electronic resource] $ehow regionalization shapes Japan /$fWalter F. Hatch 210 $aIthaca $cCornell University Press$d2010 215 $a1 online resource (304 p.) 225 1 $aCornell studies in political economy 300 $aDescription based upon print version of record. 311 $a0-8014-4868-9 311 $a0-8014-7647-X 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tContents --$tAcknowledgments --$tIntroduction: External Sources of Continuity and Change --$tPart One BASELINE --$t1. Social Networks and the Power They Produce --$t2. The Postwar Political Economy of Japan --$t3. Leading a Flock of Geese --$tPart Two THE 1990's --$t4. Maintaining the Relational Status Quo --$t5. Elite Regionalization and the Protective Buffer --$t6. The Costs of Continuity --$tPart Three THE NEW MILLENNIUM --$t7. Grounding Asia's Flying Geese --$t8. Some Change . . . at Last --$tConclusion: Beyond Asia --$tReferences --$tIndex 330 $aIn Asia's Flying Geese, Walter F. Hatch tackles the puzzle of Japan's paradoxically slow change during the economic crisis it faced in the 1990's. Why didn't the purportedly unstoppable pressures of globalization force a rapid and radical shift in Japan's business model? In a book with lessons for the larger debate about globalization and its impact on national economies, Hatch shows how Japanese political and economic elites delayed-but could not in the end forestall-the transformation of their distinctive brand of capitalism by trying to extend it to the rest of Asia. For most of the 1990's, the region grew rapidly as an increasingly integrated but hierarchical group of economies. Japanese diplomats and economists came to call them "flying geese." The "lead goose" or most developed economy, Japan, supplied the capital, technology, and even developmental norms to second-tier "geese" such as Singapore and South Korea, which themselves traded with Thailand, Malaysia, and the Philippines, and so on down the V-shaped line to Indonesia and coastal China. Japan's model of capitalism, which Hatch calls "relationalism," was thus fortified, even as it became increasingly outdated. Japanese elites enjoyed enormous benefits from their leadership in the region as long as the flock found ready markets for their products in the West. The decade following the collapse of Japan's real estate and stock markets would, however, see two developments that ultimately eroded the country's economic dominance. The Asian economic crisis in the late 1990's destabilized many of the surrounding economies upon which Japan had in some measure depended, and the People's Republic of China gained new prominence on the global scene as an economic dynamo. These changes, Hatch concludes, have forced real transformation in Japan's corporate governance, its domestic politics, and in its ongoing relations with its neighbors. 410 0$aCornell studies in political economy. 606 $aBusiness networks$zJapan 606 $aRegionalism$xEconomic aspects$zJapan 606 $aElite (Social sciences)$zJapan 606 $aManufacturing industries$zJapan 607 $aJapan$xEconomic policy$y1945- 615 0$aBusiness networks 615 0$aRegionalism$xEconomic aspects 615 0$aElite (Social sciences) 615 0$aManufacturing industries 676 $a338.8/7 700 $aHatch$b Walter$f1954-$01510966 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910789831303321 996 $aAsia's flying geese$93743977 997 $aUNINA