This paper argues that one must be careful in drawing lessons from the development experience of East and Southeast Asia. The economic strategy followed by these countries was not one of free trade, or even simulated free trade. Instead, in these countries key conditions were created which...

1. Introduction to economic development -- 2. European emergence -- 3. East Asian experience -- 4. Economies in transition : socialist to market -- 5. Sub-Saharan Africa -- 6. South Asia -- 7. Latin America -- 8. The Middle East and North Africa -- 9. Conclusions : what have we learned?