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9780801885938 Academic Inspection Copy

East Asia and the Global Economy

Japan's Ascent, with Implications for China's Future
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After World War II, Japan reinvented itself as a shipbuilding powerhouse and began its rapid ascent in the global economy. Its expansion strategy integrated raw material procurement, the redesign of global transportation infrastructure, and domestic industrialization. In this authoritative and engaging study, Stephen G. Bunker and Paul S. Ciccantell identify the key factors in Japan's economic growth and the effects this growth had on the reorganization of significant sectors of the global economy. Bunker and Ciccantell discuss what drove Japan's economic expansion, how Japan globalized the work economy to support it, and why this spectacular growth came to a dramatic halt in the 1990s. Drawing on studies of ore mining, steel making, corporate sector reorganization, and port/rail development, they provide valuable insight into technical processes as well as specific patterns of corporate investment. East Asia and the Global Economy introduces a theory of “new historical materialism that explains the success of Japan and other world industrial powers. Here, the authors assert that the pattern of Japan's ascent is essential for understanding China's recent path of economic growth and dominance and anticipating what the future may hold.''Bunker and Ciccantell offer a distinct and original explanation for Japanese growth based on how states, sectors, and firms collaborated to restructure raw material procurement and global transportation. An intellectual tour de force.''—David Smith, University of California at Irvine, author of Third World Cities in Global Perspective

Preface, by Paul S. Ciccantell1. Growth and Crisis in the Japanese Economy2. Economic Ascent and Hegemony in the Capitalist World-Economy3. The MIDAs-Steel-Ships Nexus4. Creating Japan's Coal-Exporting Peripheries5. Replicating Japan's New Model in Iron Ore6. Transporting Coal and Iron Ore7. The Restructuring of Global Markets and the Futureof the Capitalist World-EconomyReferencesIndex

""On the whole, this book offers an interesting discussion of an important aspect of Japan's economic success in the postwar years and helps increase our understanding of Japan's economic ascent in the postwar years.""

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