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'A Region of Regimes' traces the relationship between politics and economics - power and prosperity - in the Asia-Pacific in the decades since WWII. It complicates familiar and incomplete narrative...
'A Region of Regimes' traces the relationship between politics and economics - power and prosperity - in the Asia-Pacific in the decades since WWII. It complicates familiar and incomplete narratives of the 'Asian economic miracle' to show radically different paths leading to high growth for many but abject failure for some. T. J. Pempel analyses policies and data from ten East Asian countries, categorising them into three distinc regime types, each historically contingent and the product of specific configurations of domestic institutions, socio-economic resources, and external support. Pempel identifies Japan, Korea, and Taiwan as developmental regimes, showing how each then diverged due to domestic and international forces.