By Maria Weber
This article deals heritage to the Asian challenge from an fiscal, political and social standpoint, and indicates attainable situations which may happen sooner or later. The research is split in elements. the 1st comprises quarter reviews of the most Asian nations in the course of the main issue, starting with China, Japan and Southeast Asia, through South Asia and vital Asia. the second one specializes in foreign variables, together with environmental, political, and nearby matters.
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Extra resources for After the Asian Crises: Perspectives on Global Politics and Economics
In other words a political system in which pragmatism prevails, sustained by economic growth which allows the distribution of resources to the population, distracting it from making demands for real democracy. The reversion of Hong Kong will continue smoothly, under the BL. 2 China’s regional hegemony The second scenario is based on the international consequences of the economic miracle: it envisages China becoming increasingly integrated with the rest of the world, gradually complying with WTO rules and establishing relative hegemony within the Asian region, also thanks to the network of overseas Chinese.
Most of all the strong resurgence of Islam and the pro-independence movement in the north-western regions (Xinjiang, Qinghai, Gansu and Ningxia), where the politically strongest and greatest concentration of Muslims are to be found – about 20 million people, a little less than 2 per cent of the entire Chinese population. The Chinese government has always been sensitive to the issue of the reuniﬁcation of the country. While the pursuit of reuniﬁcation has not created any problems in the case of Hong Kong, as it probably will not in 1999 in the case of Macao, the same thing certainly cannot be said about Taiwan.
Japan’s position and role in the world is also openly questioned and debated both at home and abroad. As its economy is shrinking and its institutions under ﬁre, the country’s image has greatly changed. Gone are the days when Professor Ezra F. Vogel could write a book entitled Japan as Number One. Lessons for America (Vogel, 1979). The Japan of today is rather portrayed as a country which is deeply shaken, confused and uncertain about its economy, institutions and even its social and moral values.