Leiden University Student Repository

Törnblom Duthu, Elin (2015)

Rattling the Core: From Dependence to Interdependence in East Asia

Bachelor thesis | International Studies (BA)

This paper explores the effects of crises on institution building. More readily, it highlights the 1997 Asian Crisis and the 2008 Global Financial Crisis as catalysts for changing East Asia’s economic structure. An outcome of these crises has been the increased regionalism of East Asia, which has led to a greater regional interdependence, and a subsequent shift away from Washington and economic dependence on the U.S. This analysis will be done through a combination of Calder’s critical juncture and Sheng’s institutional building. Additionally, this thesis will examine the importance of ASEAN and China as leaders for this regionalism. The approach taken in this thesis suggests that these crises have greatly undermined the norms promoted by U.S. led institutions, and largely define the today’s crisis of neoliberalism

Financial Crises

2008 Global Financial Crisis

1997 Asian Crisis

East Asia

U.S. Relative Decline

Multilateralism

Regionalism

Author

Törnblom Duthu, Elin

Faculty

Faculty of Humanities

Specialisation

East Asia

Supervisors

Wang, Jue

ECTS Credits

10

Language

en