Without the advantages of low wages or high skills, East Asian economies are following a new path of regional integration, led by China. Along this path, policy-makers must manage a migration of 2m people a month to East Asia's cities, a sharp and unprecedented increase in income inequality, and...

Without the advantages of low wages or high skills, East Asian economies are following a new path of regional integration, led by China. Along this path, policy-makers must manage a migration of 2 million people a month to East Asia's cities, a sharp and unprecedented increase in income...

Previous empirical work on the effect of government intervention on economic performance has used government spending as a proxy for intervention. This proxy is imperfect as many East Asian economies have low levels of government spending but high levels of government intervention. This paper...

Two Crises, Different Outcomes -- Contents -- List of Illustrations -- Preface -- Contributors -- Introduction: Crises, Corrections, and Challenges -- 1. Two Crises, Two Outcomes -- PART 1. Dealing with Crises: Continuities and Changes -- 2. A Tale of the Two Crises: Indonesia's Political...