Policymakers as well as scholars should read this book. It is a path-breaking and timely study of two recent East Asian financial crises that highlights 'the divergent political conditions that gave rise to particular crises as well as the political changes that individual crises may catalyze.' It does an excellent job of relating the domestic and global nexus and provides ... Read morefood for thought in a stimulating closing section by T. J. Pempel and Keiichi Tsunekawa that outlines alternative scenarios for the East Asian region.
Ambassador Barry Desker, Dean, S. Rajaratnam School of International Studies, Nanyang Technological University, Singapore In Two Crises, Different Outcomes, T. J. Pempel and Keiichi Tsunekawa bring together a strong cast of acknowledged experts to investigate the ability of East and Southeast Asian countries to emerge relatively unscathed from the global financial upheaval following the collapse of Lehman Brothers in 2008.
Gregory W. Noble, University of Tokyo, author of Collective Action in East Asia: How Ruling Parties Shape Industrial Policy [The book's arguments are made] cogently and with strong empirical backing.... Moreover, the essays on the region's different economies provide important nuances to the book's central arguments.
Walden Flores Bello
Focus on the Global South, Southeast Asian Studies
T. J. Pempel and Keiichi Tsunekawa have edited a volume that succeeds in providing a comprehensive overview of the extent to which domestic politics across several East Asian countries determined their responses-and fate-during each of the crises.... Considering that the region seems to have learnt from the 1997-8 experience, this should be of interest to scholars and policy-makers in the region and beyond.
Ramon Pacheco Pardo
International Affairs
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