Get After the Asian Crises: Perspectives on Global Politics and PDF

By Maria Weber

ISBN-10: 033377762X

ISBN-13: 9780333777626

This article deals heritage to the Asian obstacle from an financial, political and social perspective, and indicates attainable eventualities that can happen sooner or later. The research is split in components. the 1st comprises zone reports of the most Asian international locations through the obstacle, starting with China, Japan and Southeast Asia, through South Asia and principal Asia. the second one specializes in foreign variables, together with environmental, political, and nearby matters.

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Additional info for After the Asian Crises: Perspectives on Global Politics and Economics

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As we have observed, China is slowly moving in this direction, with the recent introduction of local elections, in villages and townships, and with a more assertive NPC. In other words the Chinese leadership seems willing to concede some formal powers to the localities as long as they do not question the central authority of Beijing and of the CCP. Great China: Towards the Year 2000 23 In this scenario, China would become a ‘horizontal type authoritarian political system’ or an ‘Asian-style democracy’ like Singapore, where one hegemonic party holds power and occupies all political ground, but accepts the political collaboration of all those who accept its supremacy and wish to co-operate in building society.

In particular, corporate sector fixed investment and housing investment have been decreasing significantly, while private consumption has not yet shown signs of recovery. Consumer confidence may weaken even further despite the special income tax reduction. The only positive factor remains the controversial increase of net exports (exports–imports), although the appreciation of the yen since early autumn 1998 may reduce the contribution of external demand. 4 per cent in November 1998), while the ratio of job offers to applications has recorded an historical low.

Great China: Towards the Year 2000 7 displaced as a result of streamlining. All these objectives are not easy to achieve, given that they were already on the agenda of the preceding government. Any reform programme must confront certain facts – above all the risk of social tensions fuelled by rising unemployment (inevitable in the case of the SOEs), a phenomenon which was unheard of in the pre-reform era. According to official figures, by the end of 1998 the number of laid-off workers who had not been re-employed stood at 15 million, up by 4 million from 1997 (Far Eastern Economic Review, 14 January 1999).

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After the Asian Crises: Perspectives on Global Politics and Economics by Maria Weber

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