East Asia and Latin America: The Unlikely Alliance

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Peter H. Smith, Kōtarō Horisaka, Shōji Nishijima
Rowman & Littlefield, 2003 - 403 pages
This volume sheds new light on the much-neglected topic of current and potential relations between East Asia and Latin America. The contributors contend that close cooperation between peoples and governments of these two areas is feasible and desirable-and indeed that it could have beneficial effects on the shaping of a new world order in the face of globalization and in the wake of 9/11. In a genuinely comparative set of essays, the book focuses on two broad themes: economic and political connections between East Asia and Latin America, and similarities and differences in developmental paths and public policies. Part I explores economic linkages, emphasizing trade, investment, and patterns of regional integration. Part II compares economic development strategies, reopening arguments about the substance and utility of the so-called Asian model. Part III offers a systematic comparison of currency crises and policy responses in Mexico, Thailand, Korea, and Brazil. Part IV explores the changing roles of the major powers, China, Japan, and the United States. A concluding chapter presents practical suggestions and policy guidelines on ways to strengthen ties between the two regions. By bringing together original work by senior scholars and professional experts from both regions, the book offers an authoritative, comprehensive, and provocative set of perspectives. It will be essential reading for specialists and advanced students in international relations, international economics, foreign policy, economic development, public policy, and East Asian and Latin American studies.
 

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Contents

The Challenge of Globalization Strategic Options for Developing Economies
9
The Economic Connection
35
Capital Flows from Japan to Latin America
37
Economic Relations between Korea and Latin America
58
Modes of Economic Integration between East Asia And Latin America
72
Agents of Interaction The Changing Roles of Business Firms
94
Developmental Strategies Compared
107
Pragmatism and Planning in East Asia and Brazil
109
Koreas Recovery Program
228
Currency Crises in Asia and Latin America
245
Searching for the Exits Perspectives on Crisis Management
274
The Roles of Major Powers
285
Japan and the AsiaLatin America Connection
287
China Latin America and the Developing World
311
The United States Building a New World Order?
332
Postscript
365

The Role of the State in Economic Development Korea and Mexico
130
Economic Reform and Poverty in Korea Chile and Mexico
157
Confronting Economic Crises
183
The Mexican Peso Crisis
187
Thailands Unexpected Crisis
209
Proposals for Policy
367
Suggested Readings
381
Index
385
About the Contributors
401
Copyright

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About the author (2003)

Peter H. Smith is professor of political science and Simón Bolívar Professor of Latin American Studies, University of California, San Diego. Kotaro Horisaka is professor of Latin American studies and dean of academic affairs at Sophia University in Tokyo. Shoji Nishijima is director of the Research Institute for Economics and Business Administration at Kobe University in Japan.

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