East Asia has three of the most powerful economies on earth, but they are losing steam. Dwight Perkins draws on extensive experience in the region to explain the reasons for this rapid economic growth since the 1960s and to ask if the recent slowdown is a local phenomenon or typical of all...

Intro -- Contents -- Introduction -- 1. The Historical Foundations of East Asian Development -- 2. Understanding East Asian Growth -- 3. Government Intervention versus Laissez- Faire in Northeast Asia -- 4. Successes and Failures in Southeast Asia -- 5. From Command to Market Economy in China...