Based on scenarios produced by the Asian Development Bank (ADB) and the OECD Development Centre, the authors consider ways in which long-term Asian growth can be consolidated to the benefit of the global economy as a whole. Looking beyond current economic difficulties, Asian countries have...

It was a financial crisis, or was it? Did a band of speculators and money-changers pull the rug out from under the Thai, Malaysian, Philippine, Indonesian and Korean economies, thereby trashing the Asian Miracle? Or were more profound, longer-term pressures building in these economies which...