英文摘要 |
In 1980, the U.S. began forcing East Asian countries to open their domestic markets. International capital flow into these countries has changed their political economic structure, as they no longer control their capital markets by government intervention. In June 1997, many states in the Asia-Pacific region, like Thailand, Indonesia, and South Korea, entered a financial crisis which many scholars think was influenced by internationalization. This article discusses the relationship between internationalization and domestic politics. The author thinks institutions play a very important role in internationalization and domestic politics, and discusses the political economy context in internationalization while comparing South Korea and Japanese domestic institutions' adaptations to the financial crisis. |