In a world of continuing financial volatility, this book
critically evaluates the oft-cited claim that US firms and the US
government attempt to open emerging markets in economic distress
and acquire valuable industrial and financial assets.
Focusing particularly on Korea and Thailand, the author examines
the degree of market opening, the roles US actors played in this
process and the level of foreign firm activity in the years after
the Asian crisis. Justin Robertson finds surprisingly little
coherence between the strategies of US firms and US policy-makers.
At the same time, the book downplays European investments,
concluding instead that the decade since the Asian crisis has
reaffirmed strengths of US capital, particularly in some of the
most important sectors of the global economy. Investment banking,
private equity and subcontracting are significant new features of
US-Asia economic relations.
Providing a sophisticated understanding of US interests in Asia,
especially in terms of the politics of finance capital, and
including a wealth of empirical data on the US and Asian political
economies, this book will be invaluable for students and scholars
of international political economy and Asian economics and
politics.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Series: |
Routledge/City University of Hong Kong Southeast Asia Series |
Release date: |
September 2008 |
First published: |
2009 |
Authors: |
Justin Robertson
|
Dimensions: |
234 x 156 x 20mm (L x W x T) |
Format: |
Hardcover
|
Pages: |
272 |
ISBN-13: |
978-0-415-46951-7 |
Categories: |
Books >
Business & Economics >
Economics >
International economics >
General
|
LSN: |
0-415-46951-1 |
Barcode: |
9780415469517 |
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