T. J. Pempel is Jack M. Forcey Professor of Political Science at the University of California, Berkeley. He is the coeditor of Crisis as Catalyst: Asia's Dynamic Political Economy, also from Cornell, and Japan in Crisis: What Will It Take for Japan to Rise Again? Keiichi Tsunekawa is Professor in the National Graduate Institute for Policy Studies and Professor Emeritus at the University of Tokyo. He is the author of The State and Private Business and the editor of Democratic Identity: Formation of Emerging Democracies, both in Japanese.

• Introduction: Crises, Corrections, and Challengesby T. J. Pempel and Keiichi TsunekawaChapter 1. Two Crises, Two Outcomesby T. J. PempelPART 1. Dealing with Crises: Continuities and ChangesChapter 2. A Tale of the Two Crises: Indonesia's Political Economyby Muhammad Chatib BasriChapter 3. Unraveling the Enigma of East Asian Economic Resiliency: The Case of Taiwanby Yun-han ChuChapter 4. Reacting to Financial Crises: Institutional Path Dependence in Korea and Thailandby Yasunobu OkabeChapter 5. China and th Two Crises: From 1997 to 2009by Barry NaughtonPART 2. Toward a Second East Asia Miracle?Chapter 6. Political Business and External Vulnerability in Southeast Asiaby Thomas B. PepinskyChapter 7. Success as Trap? Crises and Challenges in Export-Oriented Southeast Asiaby Richard DonerChapter 8. Japan: The Political Economy of Long Stagnationby Keiichi TsunekawaConclusion: Toward a Second East Asia Miracle?by T. J. Pempel and Keiichi TsunekawaWorks CitedIndex

T. J. Pempel and Keiichi Tsunekawa have edited a volume that succeeds in providing a comprehensive overview of the extent to which domestic politics across several East Asian countries determined their responses—and fate—during each of the crises.... Considering that the region seems to have learnt from the 1997–8 experience, this should be of interest to scholars and policy-makers in the region and beyond.- Ramon Pacheco Pardo (International Affairs) [The book's arguments are made] cogently and with strong empirical backing.... Moreover, the essays on the region's different economies provide important nuances to the book's central arguments.- Walden Flores Bello (Focus on the Global South, Southeast Asian Studies)