This exciting sequel to East Asia in Crisis offers a completely up-to-date assessment of the progress of East Asian recovery, including coverage of the controversial topic of the role of the state in East Asian development. Featuring an outstanding line-up of international contributors, many of whom also contributed to East Asia in Crisis, this title also provides a detailed review of the experience of the region's economies. It is stimulating and informative reading for all those interested in further understanding the dynamics of East Asian economic crisis and recovery.
Part 1: Overview 1. Perspectives 2. East Asia after the Financial Crisis Part 2: Country Experience 3. Japan's Bank Crisis and the Issue of Governance 4. The State, Banking and Corporate Relationships in Korea and Taiwan 5. Thailand's Experience with Reform in the Financial Sector 6. Governance and the Crisis in Indonesia 7. Government-Business Relations in Soeharto's Indonesia 8. The Malaysian Experiment 9. Reform and the Corporate Environment in the Philippines 10. State-Owned Enterprise and Bank Reform in China: Conditions for liberalisation of the capital account 11. Governance in the City States: Hong Kong and Singapore Part 3: Reflections 12. Managing Capital Flows in East Asia 13. Building Institutions and Resolution of the East Asian Crisis 14. Shaping East Asia's Recovery: Post-crisis reform of the international financial system