Strategic Asia 2009-10: Economic Meltdown and Geopolitical Stability

Contents

Contents Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ix Richard J. Ellings Strategic Asia: Overview The Global Economic Crisis and U.S. Power . . . . . . . . . . . . . . . . . . . . . . . . . 3 Ashley J. Tellis An examination of both the effect of the global recession on the prospects of capitalism remaining the predominant mode of economic organization and the impact of the downturn on U.S. power and hegemony. Strategic Asia: Country Studies The Role of the United States in Instigating the Global Financial Meltdown . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .39 Roger M. Kubarych A review of the causes and development of the global financial crisis and an outline of three main challenges to constructing a global financial system that is less vulnerable. China and the International Financial Crisis. . . . . . . . . . . . . . . . . . . . . . . .71 Pieter Bottelier An examination of how the global financial crisis has affected China’s economy and geopolitical status. Japan, the Global Financial Crisis, and the Stability of East Asia . . . . .105 William W. Grimes A survey of how the global financial crisis is affecting the major economic and strategic challenges facing Japan. Between Two Whales: Korea’s Choice in the Post-Crisis Era . . . . . . . . .131 Joon-Kyung Kim and Chung H. Lee An examination of the impact of the current global financial meltdown and China’s rising power on the South Korean economy and South Korea’s external relations with China and the U.S. Russia and the Global Crisis: Consequences of Delayed Reform. . . . . .167 Steven E. Halliwell An analysis of the effect that the global financial crisis is having on Russia’s economy, internal stability, and foreign policy. India: Rising Through the Slowdown . . . . . . . . . . . . . . . . . . . . . . . . . . . . .199 Sanjaya Baru An examination of both the impact of the global financial crisis and economic slowdown on India’s economy and the consequent geopolitical implications. Strategic Asia: Regional Study The Global Economic Crisis and the Development of Southeast Asia . . . . . . . . . . . . . . . . . . . . . . . . . . .233 Dwight H. Perkins An analysis of economic growth in Southeast Asia and the impact of the current recession on countries in the region. Strategic Asia: Special Study To Repair, Replace, or Re-imagine the NPT Regime: Lessons from Strategic Politics in Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . .261 Christopher A. Ford An examination of the challenges facing the nuclear nonproliferation regime through the prism of Asian security affairs. Strategic Asia: Indicators Strategic Asia by the Numbers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .295 About the Contributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .309 About Strategic Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .315 Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .319 ...