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Books > Business & Economics > Economics > International economics > International trade > Trade agreements & tariffs
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The Crisis of Liberal Internationalism - Japan and the World Order (Paperback)
Loot Price: R1,043
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The Crisis of Liberal Internationalism - Japan and the World Order (Paperback)
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Japan's challenges and opportunities in a new era of uncertainty.
Henry Kissinger wrote a few years ago that Japan has been for seven
decades "an important anchor of Asian stability and global peace
and prosperity." However, Japan has only played this anchoring role
within an American-led liberal international order built from the
ashes of World War II. Now that order itself is under siege, not
just from illiberal forces such as China and Russia but from its
very core, the United States under Donald Trump. The already
evident damage to that order, and even its possible collapse, pose
particular challenges for Japan, as explored in this book. Noted
experts survey the difficult position that Japan finds itself in,
both abroad and at home. The weakening of the rules-based order
threatens the very basis of Japan's trade-based prosperity, with
the unreliability of U.S. protection leaving Japan vulnerable to an
economic and technological superpower in China and at heightened
risk from a nuclear North Korea. Japan's response to such
challenges are complicated by controversies over constitutional
revision and the dark aspects of its history that remain a source
of tension with its neighbors. The absence of virulent strains of
populism have helped to provide Japan with a stable platform from
which to pursue its international agenda. Yet with a rapidly aging
population, widening intergenerational inequality, and high levels
of public debt, the sources of Japan's stability its welfare state
and immigration policies are becoming increasingly difficult to
sustain. Each of the book's chapters is written by a specialist in
the field, and the book benefits from interviews with more than 40
Japanese policymakers and experts, as well as a public opinion
survey. The book outlines today's challenges to the liberal
international order, proposes a role for Japan to uphold, reform
and shape the order, and examines Japan's assets as well as
constraints as it seeks to play the role of a proactive stabilizer
in the Asia-Pacific.
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