Preface v
Acknowledgements vii
Contributors ix
1 The East Asian Miracle at the Millennium Shahid Yusuf 1
2 Growth, Crisis, and the Future of Economic Recovery in East Asia Takatoshi Ito 55
3 Technological Change and Growth in East Asia: Macro versus Micro Perspectives Howard Pack 95
4 Chinese Rural Industrialization in the Context of the East Asian Miracle Justin Yifu Lin and Yang Yao 143
5 After the Crisis, the East Asian Dollar Standard Resurrected: An Interpretation of High-Frequency Exchange Rate Pegging Ronald I. McKinnon 197
6 Industrial and Financial Policy in China and Vietnam: A New Model or a Replay of the East Asian Experience? Dwight H. Perkins 247
7 Government Control in Corporate Governance as a Transitional Institution: Lessons from China Yingyi Qian 295

8 The Government-Firm Relationship in Postwar Japan: The Success and Failure of Bureau Pluralism Tetsuji Okazaki 323
9 Miracle as Prologue: The State and the Reform of the Corporate Sector in Korea Meredith Woo-Cumings 343
10 Trade and Growth: Import-Led or Export-Led? Evidence from Japan and Korea Robert Z. Lawrence and David E. Weinstein 379
11 Emergence of an FDI-Trade Nexus and Economic Growth in East Asia Shujiro Urata 409
12 Rethinking the Role of Government Policy in Southeast Asia K. S. Jomo 461
13 From Miracle to Crisis to Recovery: Lessons from Four Decades of East Asian Experience Joseph E. Stiglitz 509