This edited volume represents the first collaborative effort to explicitly view China s rapid international ascent as associated with the same process that catapulted Great Britain, the United States, Germany, and Japan to international prominence the emergence of a capitalist political economy. Each chapter therefore applies the capitalist lens to analyze aspects of China s monumental social, economic, and political transition. Topics addressed range from examinations of China s industrial capitalism and its new multinational corporations to studies of China s changing polity, state-media relations, and foreign policy.

With contributors writing from highly varied backgrounds each chapter approaches the subject from a slightly different perspective, but the underlying findings show considerable common ground. China is developing a unique form of capitalism by combining elements rooted in Chinese history, such as the prevalence of networked forms of capital and the continued dominance of the state, with the growing influence of global capital, including the rapid adaptation of recent organizational and technological innovations. Concluding chapters draw out what capitalism in the dragon s lair implies for our 21st century world, cautioning that China s rise is likely to challenge the present world order along both political and economic dimensions.

This edited volume represents the first collaborative effort to explicitly view China's rapid international ascent as associated with the same process that catapulted Great Britain, the United States, Germany, and Japan to international prominence - the emergence of a capitalist political economy. Each chapter therefore applies the capitalist lens to analyze aspects of China's monumental social, economic, and political transition. Topics addressed range from examinations of China's industrial capitalism and its new multinational corporations to studies of China's changing polity, state-media relations, and foreign policy. With contributors writing from highly varied backgrounds each chapter approaches the subject from a slightly different perspective, but the underlying findings show considerable common ground. China is developing a unique form of capitalism by combining elements rooted in Chinese history, such as the prevalence of networked forms of capital and the continued dominance of the state, with the growing influence of global capital, including the rapid adaptation of recent organizational and technological innovations. Concluding chapters draw out what capitalism in the dragon's lair implies for our 21st century world, cautioning that China's rise is likely to challenge the present world order along both political and economic dimensions.

Rapid globalization has led to increased flows of capital, services, ideas, information, and people between countries. As such, problems and challenges that face one nation often have a rippling impact throughout the region and globally. The growing list of cross-border issues cannot be resolved by isolated policy action at the national or subnational levels. It is essential to forge strategic alliances at the regional level that support the development of consolidated approaches for dialogue and action.

This book discusses regional governance mechanisms and institutional arrangements to respond to emerging cross-border issues and trends in Asia and the Pacific, such as the movement of people including refugees and illegal migrants, regional trade integration for human development, effective and efficient water management, human trafficking, and health issues focusing on infectious disease surveillance and response.

While examining the impact of governance on these issues, the book considers these questions: What are the key cross-border governance issues in Asia? What are the regional governance mechanisms to cope with these issues? How effective are the regional mechanisms and national institutional capacities in responding to these issues? What factors contribute to the success or failure of the mechanisms for regional cooperation?

Contributors include Graeme Hugo (University of Adelaide), William J. Long (Sam Nunn School of International Affairs), Mike Douglass (University of Hawaii --Manoa), Taeho Bark (Seoul National University), and Mely Caballero-Anthony (S. Rajaratnam School of International Studies).