This book explores what happened in the transition economies of China, Vietnam and Myanmar from both macro and micro perspectives, and questions whether the governments of these countries are capable of implementing effective reform and transformation

Including in-depth contributions by eminent economists and social scientists, Asian Transformations examines the phenomenal changes transforming economies in this continent and shifting the balance of economic power in the world, while reflecting on the future prospects in Asia over the next...

Relative to other developing regions, developing Asia has experienced a slower decline in employment share in agriculture, compared to its output share; a rapid growth in labor and land productivity; and a shift from agricultural output from traditional to high-value products. The most successful...