The region has been transformed by these developments, changing from a set of countries that rapidly integrated with the world to one that is also aggressively exploiting the sources of dynamism that lie within Asia. But countries in East Asia now face the domestic side-effects of rapid growth...

The World Bank has completed a major study of East Asian growth every four years, beginning with the seminal The East Asian Miracle in 1993. Three major developments since the early 1990s call for a reexamination of East Asian growth: the meteoric rise of China, the economic crisis of the...

The region has been transformed by these developments, changing from a set of countries that rapidly integrated with the world to one that is also aggressively exploiting the sources of dynamism that lie within Asia. But countries in East Asia now face the domestic side-effects of rapid growth...