Publication: Global Change and East Asian Policy Initiatives
Date
2004
ISSN
Published
2004
Author(s)
Abstract
Many East Asian economies have grown
briskly in the past few years. However, future development
will depend on the quality and timeliness of regional and
national policy actions. The policy agenda must address the
problems that buffeted the region in the late
1990s-associated with the weakness of domestic institutions
and policies in the context of globalization. These problems
include financial shocks, rapid shifts in the
competitiveness of major exports, changes in international
production networking, and significant reconfiguration in
the geographical composition of production systems that had
provided the foundation for growth. Sustaining dynamism in
East Asia requires policy initiatives that contain the risks
from shocks and manage the ongoing shifts and changes in
ways that enhance both the competitiveness of firms and the
stability of the economies. This report provides specific
policy responses that could be employed to navigate
successfully through periods of economic, political, and
technological turbulence. The book is a collection of
studies by leading experts in such fields as corporate and
political governance, economic policy, globalization, higher
education, legal reform, regional integration, and social
protection. The studies reflect the most current thinking
and research on global, regional, and national policies of
relevance to East Asian economies. It is an important
resource for policymakers, researchers and students
interested in East Asia.
Citation
“Shahid, Yusuf; Altaf, M. Anjum; Nabeshima, Kaoru. 2004. Global Change and East Asian Policy Initiatives. © Washington, DC: World Bank and Oxford University Press. http://openknowledge.worldbank.org/entities/publication/c7185e13-a956-565a-87d6-90da2d378680 License: CC BY 3.0 IGO.”