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Books > Business & Economics > Economics > Development economics
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Two Asias: The Emerging Postcrisis Divide (Hardcover)
Loot Price: R4,415
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Two Asias: The Emerging Postcrisis Divide (Hardcover)
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Two Asias provides a fresh perspective on the Asia's disparate
economic prospects in the wake of the 2008 global financial crisis
and the Great Recession. The financial crisis, its propagation and
real economic consequences are carefully documented, and used in
conjunction with prior trends to identify the impending
reconfiguration of wealth and power in Asia, and between Asia and
the developed west. The study highlights Asia's cultural and
systemic diversity, and suggests that China's, Vietnam's and South
Korea's extraordinary catch-up during the last two decades is on
the cusp of fading due to diverse technical, systemic and global
reasons. It shows too that the West has learned little from the
2008 financial crisis, that the planetary macroeconomy is headed
for a period of protracted turbulence, all of which suggests that
the world community needs to rethink its expectations. These
findings are the net assessment of an international team of experts
assembled under the auspices of the Japan Foundation's Center for
Global Policy, headed by Steven Rosefielde, Masaaki Kuboniwa and
Satoshi Mizobata.
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