This is the main volume in a series of publications based on a study cosponsored by the government of Japan and the World Bank to examine the future sources of economic growth in East Asia. The study was initiated in 2000 with the objective of identifying the most promising path to development...

Sources of growth in East Asia have been a controversial subject in the literature. This necessitates more empirical studies to see whether there is more convergence to a particular view of the sources of growth. This study provides a comprehensive examination of sources of growth that allows...

Intro -- CONTENTS -- Title -- Foreword ix -- Preface xi -- Acknowledgments xv -- Abbreviations and Acronyms xvii -- 1 Economic Changes and Policy Implications in East Asia 1 -- 2 Strengthening East Asian Economies: Macroeconomic Stability, Corporate and Financial Reform, and the Rule of Law 35...