The authors consider how the Asia-Pacific economies have developed since the financial crises and highlight two inter-related themes: the effect of global forces on the national Asian economies and the different development paths of these economies as they jointly enter this new phase. Questions raised by the book include:
* is globalization a threat to development and prosperity in the Asia-Pacific or did globalization rather facilitate and accelerate the pace of industrialization among late industrializers in the region?
* is there a single Asia-Pacific development model or did the crisis show this to be false?
* did the financial crisis reveal structural weaknesses in an Asia-Pacific state-led model or was state leadership already in demise?
Development and Structural Change in Asia-Pacific provides a useful and relevant account of how the global economy has led to structural changes within Asian economies
Review in ASEAN Economic Bulletin, Vol 21, August 2004
1. Martin Andersson and Christer Gunnarsson Introduction - Perspective on Development in Asia-Pacific
Part 1 - Global Institutions and the State in Asia-Pacific
2. Irma Adelman Global Institutions and Economic Development - What have we learned?
3. John Weeks A Tale of Two Crises - Latin America in the 1980s and 'the HPAEs' in the 1990s 4. Chris Edwards Neo-liberalism on the Defensive but not Defeated? - A Comparative Review of the Asian Crisis and Lessons for the Future
5. Medhi Krongkaew The IMF in the Thai Economic Crisis - Villain or Saviour?
6. Ishak Shari Economic Growth and Social Development in Malaysia 1971-1998 - Does the State Still Matter in an Era of Economic Globalisation
Part 2 - Divergent Development Paths Among the Asian Miracles
7. Martin Andersson and Christer Gunnarsson Beyond Policy Explanations - Towards an Alternative Analysis of the Economic Development in the Asia-Pacific Region
8. Anne Booth Education, Equality and Economic Development in the Asia-Pacific
9. K. S. Jomo Growth and Vulnerability Before and After the Asian Crisis - The Fallacy of the Universal Model
Martin Andersson and Christer Gunnarsson Epilogue - Rest in Peace of a Relevant Piece for the Rest? - Industrialisation Models and the New Regional Divison of Labour in Asia-Pacific