Explores in-depth the major issues of the economic recovery from the Asia Crisis, and its potential impact on growth, development, trade and investment. Contributors discuss global directions in economic relations, and challenges to be met in the 21st century.

The Asian crisis that started in July 1997 wrought untold damages on a large number of countries worldwide and brought intolerable hardships and poverty to millions of people in Asia, and to a lesser extent in Russia and Latin America as well as the European Union. After more than three years of widespread economic, social and financial turmoil there were signs in mid 2000 that a slow but promising economic recovery was on the way in Asia. This book explores in-depth the major issues and important aspects of this economic recovery and its potential impact on growth, development, trade and investment. Expert contributors also discuss the global directions in international economic and financial relations, corporate and public governance and the challenges to be met and managed in the 21st century. The Asian crisis, and its subsequent recovery, is a global experience and as such is one of the most challenging and important crises of our times. "The Asia Recovery" is a valuable contribution that should be useful to those in government, business and academia to understand this crisis more fully.

Part 1 Introduction: the Asia recovery, Tran Van Hoa
the Asia recovery and sustainable development and growth - an overview, Tran Van Hoa. Part 2 Major Asean and East Asian economies: structural reform in Korea - its process and consequences, Jong Won Lee et al
Indonesia - charting the road to recovery, Charles Harvie
Malaysia's recovery - issues in economic management, trade policy, knowledge-based industries, and globalization, Tran Van Hoa
the Philippines' economic recovery - trends, issues and strategies for a balanced growth, Ma. Rebecca Valenzuela. Part 3 Major transition economies in Asia: Vietnam - economic recovery and social issues, The Dzung Nguyen
China - aspects of trade and investment in a globalized economy, Zhao Yan Yun and Li Jingping
can China sustain fast economic growth? - a perspective from transition and development, Mei Wen
the crisis of success and feedback quality in managing economic crisis, Xiaokai Yang
the Asia recovery - the road and obstacles ahead, Tran Van Hoa.