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Leheny, David
Asia Policy, 01/2022, Letnik: 17, Številka: 1Book Review, Journal Article
The nostalgia for a time when things seemed to work is hardly limited to Japan. It was central to Donald Trump's effort to win the White House, which was premised in ways both subtle and obvious on not just an earlier moment in the United States' economic leadership but also (and perhaps even more) on its racial hierarchies. If the long-term meaning of U.S. economic development in contemporary politics cannot simply be reduced to the liberal market economy represented in the "varieties of capitalism" literature, neither can the complex mix of public, private, political, and social forces of postwar Japan. Park Geun-hye's road back to South Korea's Blue House and Ferdinand "Bongbong" Marcos's political resurgence in recent years-both premised in wildly different ways on nostalgia for the leadership of their famous, authoritarian fathers-remind us that contemporary Asia also has a postwar past. This is not simply a set of events and decisions that create policy legacies but also the logics of development and power that allow for new possibilities in constructing political myths and affective social ties. T.J. Pempel's A Region of Regimes: Prosperity and Plunder in the Asia-Pacific will likely immediately become required reading for students of Asia's political economy, and it does not disappoint on that front. It demonstrates all the hallmarks of Pempel's superb scholarship over the past half-century. By categorizing many countries in the region as developmental regimes, ersatz developmental regimes, or rapacious regimes, Pempel shrewdly provides an expansive overview while inserting the conceptual language needed to tease out patterns of economic development, political coalition-building, and social policy negotiation.
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