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Part II continues to analyze the changing patterns of the relational networks along Asia's Pacific parimeters as integral parts of the ongoing restructuring of the capitalist world-economy, while Part III examines the individual trajectories of two Asian giants--India and China.

To counter Eurocentric notions of long-term historical change, Wet Rice Cultivation and the Emergence of the Indian Ocean draws upon the histories of societies based on wet-rice cultivation to chart an alternate pattern of social evolution and state formation and traces inter-state linkages and the growth of commercialization without capitalism.

This volume situates the evolution of capitalist economies along Asia's Pacific Rim after the World War II within broader global, political and economic changes. Specifically, it charts their growth at the interface of periodic crises and successive waves of restructuring.