Keiichi Tsunekawa - Böcker

Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since.The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success.

This book examines five countries in South East Asia that are instructive case studies of how the region has had to negotiate pathways of development beyond crises and traps.

This book examines five countries in South East Asia that are instructive case studies of how the region has had to negotiate pathways of development beyond crises and traps.

?Five years after the Triple Disaster—the earthquake, tsunami, and the nuclear disaster at the Fukushima Daiichi power plant—the national government's response is often criticized. However, despite the magnitude of the disaster, the recovery and reconstruction have been rapid. If it is true that the Japanese government has failed in the response to the nuclear accident but succeeded in the recovery and reconstruction from the earthquake and tsunami, it must be acknowledged that both failure and success come out of the same characteristics of the same system.Starting from this premise, this anthology attempts to conduct a reassessment of the national response to the Great East Japan Earthquake and its aftermath from the perspective of the social sciences, ranging from politics, economics, community sociology, public administration, and communication studies. It takes care to distinguish assessment of short-term responses to the disaster from the necessity for long-term changes in society. How has the recovery process proceeded in such fields as reconstruction of public infrastructure, housing reconstruction, support for evacuees, reopening schools, and debris disposal? Was TEPCO's precaution and post-disaster response inappropriate to the accident? What were the critical issues to be discussed in the crisis communication of national and local government? Has the Fukushima Daiichi nuclear accident provided momentum to bring about revolutionary changes to nuclear power plant safety in Japan and Japan's energy policy? This collaboration attempts to provide perspective in a time of turmoil.

This book is open access under a CC BY-NC-ND license. This volume analyzes the economic, social, and political challenges that emerging states confront today.