"This book situates the evolution of the high growth economies along Asia's Pacific Rim after the Second World War within broader global political and economic changes. Specifically, it charts the growth of capitalist economies in the region throughout periodic crises and successive waves of restructuring, and links changes in the world economy to shifts in the domestic political economies of East and Southeast Asia. It suggests that the financial crisis of 1997-98 laid the basis for a new phase of regional economic integration in Pacific-Asia." "Through this detailed analysis of regional economic growth the integration since 1945, Capitalist Restructuring and the Pacific Rim concludes that the continued accumulation of capital in East and Southeast Asia is undermining the material foundations of US power." "This comprehensive survey of the emergence of Asia's Pacific Rim will intrigue and inform scholars of Asian Studies, Sociology, and Development Studies alike."--Jacket.