The Rise Of Asia

For many years, Japan was seen as the peculiar exception in Asia: a highly dynamic economy isolated in an otherwise moribund continent. With the rise of the Southeast Asian and Chinese economies, however, it has now become clear that Asia as a whole is experiencing an extraordinary revolution which will result, within a very few years, in living standards for some countries being on a par with those in the West. The results of this transformation can only be guessed at, but The Rise of Asia adds a far greater sophistication to our understanding of how this process came about, treating the key areas of Asian life (economics, society and politics) as an integrated whole and avoiding the trap of most commentators, who see the phenomenon as an exclusively postwar economic issue. Balancing the uniquely Asian aspects with global developmental factors, Dr. Tipton creates a convincing picture of how this amazing change has occurred.

Examines various trends and patterns of foreign trade and investment in Asia with a view to contributing to the policy debate on how development strategies should be adopted in response to challenges to economic globalization.

In this first sustained, single-authored assessment of China's expanding influence in Asia in the postDCold War period, respected analyst Robert Sutter draws on his extensive experience to explore the current debate on China's military and economic rise and its meaning for U.S. interests. Examining in detail China's current and historical relations with the key countries of Asia, he finds a range of motivations underlying China's recent initiatives. Some incline Chinese policy to be cooperative with the United States, others to be competitive and confrontational. Sutter's nuanced study shows that U.S. influence continues to dominate Asia and plays a critical role in determining China's cooperative or confrontational approach. He argues that the Bush administration's policies of firmness and cooperation have encouraged China to stay on a generally constructive track in the region.

'This book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines and the People's Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. It features a valuable overview of issues from a regional perspective, five chapters on general elements and obstacles in development, and individual chapters on the experience of each of the six countries. Every chapter is replete with relevant institutional and statistical data. The volume fills a void in the literature and is highly recommended for graduate students and for economists concerned with contemporary Asia.' – Peter Drake, The University of New England and Australian Catholic University, Australia 'To understand what makes Asia tick in the face of continuing global uncertainty and instability one has to go beyond numbers into the region's psyche and idiosyncrasies. This volume provides an interestingly intrusive and refreshingly insightful analysis of a highly complex phenomenon that defies generalizations as shown by the diversity of individual country experiences.' – Mohamed Ariff, International Centre for Education in Islamic Finance (INCEIF), Malaysia The center of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of the People's Republic of China, India, and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence have raised a range of major challenges for Asia and for the rest of the world. This comprehensive, forward-looking book examines these issues through in-depth studies of major Asian economies and an analysis of the key development policy options. The contributors, leading international authorities in their field, explore cross-cutting thematic issues with special reference to developing Asia. They address a broad range of subjects including: investment and productivity, savings and the savings–investment relationship, financial development, the provision of infrastructure, and governance and institutions. Detailed country studies focusing on the People's Republic of China, India, Indonesia, Malaysia, the Philippines, and Thailand not only provide an analytical narrative for each case study, but also draw attention to the similarities and diversity within the region. This challenging and thought-provoking book will prove an important point of reference for scholars, researchers, and students in the fields of economics, development economics, and Asian studies.

There is great interest in the Pacific Century and what its implications for the future will be. The rapid economic growth of East Asia was already setting the region apart from the rest of the world by the 1970s. By the 1980s the trend was seen to have spread southward to Thailand, Malaysia and Indonesia, while China's provinces had also become integral to the regional economic boom. In this exciting new study many of the ideas and expectations associated with the Pacific Century are placed under critical scrutiny. The book includes studies of particular countries such as China, Japan, South Korea, Vietnam, Indonesia and Malaysia. There is analysis of economic and political trends in the region, the reasons behind its rise and its importance on a global scale. The rise of East Asia represents an historic turning point with immense significance world-wide. This book will be of interest to anyone concerned about the new approaches to and the debate about the rise of east Asia and the coming of the Pacific Century.

Despite the growing internal social unrest and disparity of economic development, the People’s Republic of China is the third largest world economy and the second largest defense spender. Showing no clear signs of slowing down, China’s rise is seen as both an opportunity and a challenge by the major world powers. This book examines every aspect of Beijing's strategies, ranging from political, economic and social challenges, to the Taiwan and Hong Kong issues, to the implications of these strategies in terms of China's place within the Asia Pacific, and indeed within the world system. Written by a stellar line-up of international contributors the book will appeal to students and scholars of Chinese politics, foreign policy, political economy and social policy, and China-watchers alike.

Since the early 1990s and the end of the Cold War, the implications of China's rising power have come to dominate the security agenda of the Asia-Pacific region. This book is the first to comprehensively chart the development of Southeast Asia’s relations with the People’s Republic of China (PRC) from 1949 to 2010, detailing each of the eleven countries’ ties to the PRC and showing how strategic concerns associated with China's regional posture have been a significant factor in shaping their foreign and defence policies. In addition to assessing bilateral ties, the book also examines the institutionalization of relations between the Association of Southeast Asian Nations (ASEAN) and China. The first part of the book covers the period 1949-2010: it examines Southeast Asian responses to the PRC in the context of the ideological and geopolitical rivalry of the Cold War; Southeast Asian countries’ policies towards the PRC in first decade of the post-Cold War era; and deepening ties between the ASEAN states and the PRC in the first decade of the twenty-first century. Part Two analyses the evolving relationships between the countries of mainland Southeast Asia - Vietnam, Thailand, Myanmar, Laos and Cambodia - and China. Part Three reviews ties between the states of maritime Southeast Asia - Indonesia, Malaysia, Singapore, the Philippines, Brunei and East Timor - and the PRC. Whilst the primary focus of the book is the security dimension of Southeast Asia-China relations, it also takes full account of political relations and the burgeoning economic ties between the two sides. This book is a timely contribution to the literature on the fast changing geopolitics of the Asia-Pacific region.

Why do poor countries give aid to others? This book critically examines how aspirations for providing aid have coexisted with experiences of receiving aid and have transformed the practice of giving aid, with particular reference to the experiences of Japan and China. It highlights the historical sources that explain the pattern and strength of foreign aid that these new donors provide. The book has systematically examined the situation unique to middle income countries that are receiving and giving aid simultaneously. It sheds light on the endogenous elements embedded in the socio-economic conditions of emerging donors, as well as their learning process as aid recipients. This book examines not only the perspectives of recipients, but also those of donors: Japan in the case of China, and the USA and the World Bank in the case of Japan. By bringing in the donor’s perspective, we come to a holistic understanding of foreign aid as a product of interaction between the various agents involved. The book provides not only an in-depth case study of Japan from a historical perspective, but also stretches its scope to cover contemporary debates on "emerging donors," including China, India and Korea who have received substantial amount of aid from Japan in the past. This book connects the often separated discussion of Japanese aid and the way it developed in relation to outside forces. In short, this book represents the first attempt to empirically examine the "life of a donor" with a clear focus on the origins, struggles, and futures of non-western donors and their impact on established aid regime.