This clear and timely book presents the first sustained and structured analysis of globalization in the East Asian context, exploring the strategies used by East Asian countries to cope with the forces of globalization. Eschewing both neoliberal "hyperglobalization" chants and neorealist "globaloney" castigation, the authors integrate a broad conceptual framework with region- and country-specific case studies. Specifically, the book poses and addresses three major questions about East Asia's globalization. First, it identifies the range of contending conceptualizations of globalization that have underpinned the region's changing and contradictory views in the 1990s. Second, the book critically probes the discrepancy between promise and performance - the myths and realities - of East Asian globalization and the complex interaction of challenges and responses. Third, the authors evaluate the impacts and consequences of globalization for East Asia's political, economic, social, cultural, ecological and security development.
These questions clarify the often-murky nature, challenges, responses and consequences of globalization, especially in light of the Asian financial crisis and moves toward recovery.
China's political process has always been mysterious, and the background of its political leaders has been largely secret. Cheng Li's book is an expert analysis of who these men really are and how the rising stars in Beijing are likely to govern in the coming years. I recommend it to anyone who wants to understand Chinese politics.--Seth Faison, former Shanghai Bureau Chief for the New York Times