Asia's Flying Geese , livre ebook

304

pages

English

Ebooks

2011

Écrit par
F. Hatch Walter

Publié par
Cornell University Press

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304

pages

English

Ebooks

2011

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Obtenez un accès à la bibliothèque pour le consulter en ligne En savoir plus

Publié par

Cornell University Press

Date de parution

15 janvier 2011

Nombre de lectures

EAN13

9780801458729

Langue

English

Poids de l'ouvrage

1 Mo

In Asia's Flying Geese, Walter F. Hatch tackles the puzzle of Japan's paradoxically slow change during the economic crisis it faced in the 1990s. Why didn't the purportedly unstoppable pressures of globalization force a rapid and radical shift in Japan's business model? In a book with lessons for the larger debate about globalization and its impact on national economies, Hatch shows how Japanese political and economic elites delayed-but could not in the end forestall-the transformation of their distinctive brand of capitalism by trying to extend it to the rest of Asia.For most of the 1990s, the region grew rapidly as an increasingly integrated but hierarchical group of economies. Japanese diplomats and economists came to call them "flying geese." The "lead goose" or most developed economy, Japan, supplied the capital, technology, and even developmental norms to second-tier "geese" such as Singapore and South Korea, which themselves traded with Thailand, Malaysia, and the Philippines, and so on down the V-shaped line to Indonesia and coastal China. Japan's model of capitalism, which Hatch calls "relationalism," was thus fortified, even as it became increasingly outdated. Japanese elites enjoyed enormous benefits from their leadership in the region as long as the flock found ready markets for their products in the West.The decade following the collapse of Japan's real estate and stock markets would, however, see two developments that ultimately eroded the country's economic dominance. The Asian economic crisis in the late 1990s destabilized many of the surrounding economies upon which Japan had in some measure depended, and the People's Republic of China gained new prominence on the global scene as an economic dynamo. These changes, Hatch concludes, have forced real transformation in Japan's corporate governance, its domestic politics, and in its ongoing relations with its neighbors.

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Publié par

Cornell University Press

Date de parution

15 janvier 2011

Nombre de lectures

EAN13

9780801458729

Langue

English

Poids de l'ouvrage

1 Mo

ASIA’S FLYING GEESE

A VOLUME IN THE SERIES

Cornell Studies in Political Economy

editedby Peter J. Katzenstein

A list of titles in this series is available at www.cornellpress.cornell.edu.

Asia’s Flying Geese

HOW REGIONALIZATION SHAPES JAPAN

Walter F. Hatch

Cornell University PressITHACA AND LONDON

All rights reserved. Except for brief quotations in a review, this book, or parts thereof, must not be reproduced in any form without permission in writing from the publisher. For information, address Cornell University Press, Sage House, 512 East State Street, Ithaca, New York 14850.

First published 2010 by Cornell University Press First printing, Cornell Paperbacks, 2010

Printed in the United States of America

Library of Congress Cataloging-in-Publication Data

Hatch, Walter, 1954– Asia’s ﬂying geese : how regionalization shapes Japan / Walter F. Hatch. p. cm. — (Cornell studies in political economy) Includes bibliographical references and index. ISBN 978-0-8014-4868-3 (cloth : alk. paper) ISBN 978-0-8014-7647-1 (pbk. : alk. paper) 1. Business networks—Japan. 2. Regionalism—Economic aspects—Japan. 3. Elite (Social sciences)—Japan. 4. Manu-facturing industries—Japan. 5. Japan—Economic policy—1945– I. Title. II. Series: Cornell studies in political economy. HD69.S8H379 2010 338.87—dc22 2009038042

Cornell University Press strives to use environmentally responsible suppliers and materials to the fullest extent possible in the publish-ing of its books. Such materials include vegetable-based, low-VOC inks and acid-free papers that are recycled, totally chlorine-free, or partly composed of nonwood ﬁbers. For further information, visit our website at www.cornellpress.cornell.edu.

Cloth printing

10 9 8 7 6 5 4 3 2 1

Paperback printing 10 9 8 7 6 5 4 3 2 1

To Kenji, Maya, and Teshika

Contents

Acknowledgments ix

Introduction: External Sources of Continuity and Change 1

Part One BASELINE 113Social Networks and the Power They Produce 240The Postwar Political Economy of Japan 3Leading a Flock of Geese 71

Part Two THE 1990S 4105Maintaining the Relational Status Quo 5142Elite Regionalization and the Protective Buffer 6175The Costs of Continuity

Part Three THE NEW MILLENNIUM 7Grounding Asia’s Flying Geese 203 8Some Change . . . at Last 223

Conclusion: Beyond Asia 246

References 257 Index 285

vii

Acknowledgments

Japan’s political economy has come a long way. Although it continues to be characterized by remarkably stable networks of social exchange, it is no longer the institutionally rigid structure it once was. Changes in East Asia— or rather, in Japan’s ties with the region—have helped bring about this shift at home. In these pages, I use an outside-in perspective to explain both the long-standing continuity and the more recent discontinuity in the political economy of Japan. Talk about a long journey! I began thinking about this project in the mid-1990s, when I was a PhD student in Seattle. I started to research it when I moved to Tokyo with my family in 1996 as a Fulbright Fellow and started to write it when I returned to Seattle in 1999 to teach in the Jackson School of International Studies at the University of Washington. A year later, the proj-ect was submitted in the form of a dissertation. And then, as I took up a new position at Colby College in Maine and gy-rated through a period of turbulence in my life, the project sat idle. Pre-dictably, though, history did not. Japan, which had seemed stuck in an institutional rut, gradually began to change in ways I had not contemplated. I feared that I had been overwhelmed by events. Over the last few years, however, I have been able to return to this proj-ect, make several new visits to Japan and the rest of East Asia, retest and re-vise my argument, and produce this book. The journey is complete, but I would be remiss if I did not express gratitude to the many fellow travelers who helped me at various stages along the way. The usual caveat applies here: I am responsible for the ﬁnal product, in-cluding any possible errors. I have been blessed to learn about Japan, as well as the science (and art) of political economy, from two extraordinary masters.

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