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The Economic and Strategic Rise of China and India - Asian Realignments after the 1997 Financial Crisis (Paperback, 2007 ed.)
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The Economic and Strategic Rise of China and India - Asian Realignments after the 1997 Financial Crisis (Paperback, 2007 ed.)
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Important economic and strategic realignments are taking place in
Asia but receiving relatively limited press and academic attention.
Thailand, Indonesia, and South Korea were dealt, well publicized,
blows by the 1997 Asian financial crisis and Japan's stagnation in
the 1990s has also been widely analyzed. What has not been
adequately explored is the impact of economic restructuring and
slowing of growth rates in the other Pacific Rim economies, notably
Taiwan, Hong Kong, Malaysia, and Singapore. Although China's rise
to prominence has received extensive commentary from journalists,
economists and strategic analysts, much more limited attention has
been given to the relative decline of the Pacific Rim states or the
rapid rise of India's economic and strategic position. This volume
attempts to explain why the 1997 financial crisis was such a
critical turning point and, unexpectedly, ended up stimulating
trade and investment within Asia.
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