Asian responses to the global financial crisis: The impact of regionalism and the role of the G20

Abstract

This book takes account of the global financial crisis from Asian perspectives, considering Asian responses to the crisis via two key arenas - regionalism in Asia and the G20. The expert contributors - both Asian and Western - illustrate that as G20 members, many Asian countries are now able to showcase the increasing powers and roles of Asian countries in global issues. Within these contexts, and via multidisciplinary economic and political science viewpoints, the book deals with various issues such as World System analysis, the debate between Washington Consensus and Beijing Consensus, roles within the G20 and the contribution of middle powers such as Korea and Australia. The application of European experiences to Asia is also considered, as are perspectives from the US. © Jehoon Park, T.J. Pempel and Geng Xiao 2012. All rights reserved.