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EXAMINING JAPANESE CITY-REGIONS IN THE LIGHT OF THE ASIAN ECONOMIC CRISIS

EXAMINING JAPANESE CITY-REGIONS IN THE LIGHT OF THE ASIAN ECONOMIC CRISIS Abstract Economic globalization of a city-region is recognizable as a combination of at least two dimensions of change, i.e., (1) transnationalization of goods producing/trading activities and (2) transnational movement of money and capital. The two dimensions interrelate in a reciprocal and complementary way for a time, but contradict each other in another time. Major cities in Japan such as Tokyo and Osaka fell into economic decline in the mid-1990s. This crisis, a precedent of the East Asian economic crisis in 1997, can be explained as a result of the contradiction between the two-dimensions of globalization. The two dimensional model could be applied for understanding the nature and mechanism of economic crisis in the rest of East Asian counties as well. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Asian Geographer Taylor & Francis

EXAMINING JAPANESE CITY-REGIONS IN THE LIGHT OF THE ASIAN ECONOMIC CRISIS

Asian Geographer , Volume 19 (1-2): 16 – Jan 1, 2000
16 pages

EXAMINING JAPANESE CITY-REGIONS IN THE LIGHT OF THE ASIAN ECONOMIC CRISIS

Abstract

Abstract Economic globalization of a city-region is recognizable as a combination of at least two dimensions of change, i.e., (1) transnationalization of goods producing/trading activities and (2) transnational movement of money and capital. The two dimensions interrelate in a reciprocal and complementary way for a time, but contradict each other in another time. Major cities in Japan such as Tokyo and Osaka fell into economic decline in the mid-1990s. This crisis, a precedent of the East...
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Publisher
Taylor & Francis
Copyright
Copyright Taylor & Francis Group, LLC
ISSN
2158-1762
eISSN
1022-5706
DOI
10.1080/10225706.2000.9684059
Publisher site
See Article on Publisher Site

Abstract

Abstract Economic globalization of a city-region is recognizable as a combination of at least two dimensions of change, i.e., (1) transnationalization of goods producing/trading activities and (2) transnational movement of money and capital. The two dimensions interrelate in a reciprocal and complementary way for a time, but contradict each other in another time. Major cities in Japan such as Tokyo and Osaka fell into economic decline in the mid-1990s. This crisis, a precedent of the East Asian economic crisis in 1997, can be explained as a result of the contradiction between the two-dimensions of globalization. The two dimensional model could be applied for understanding the nature and mechanism of economic crisis in the rest of East Asian counties as well.

Journal

Asian GeographerTaylor & Francis

Published: Jan 1, 2000

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