An East Asian Renaissance: Ideas for Economic Growth

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9780821367476: An East Asian Renaissance: Ideas for Economic Growth

This book explore the future of East Asia's middle-income countries. Without the advantages of low wages or high skills, and with limited natural resources, East Asian economies are following a new path of regional integration, led by China. Along this path, policy makers must manage a migration of 2 million per month to East Asian cities; a sharp and unprecedented increase in income inequality; and growing discontent with corruption. This new agenda of domestic integration is the main challenge facing East Asia.

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"Among other things, renaissance implies innovative application of culture, learning and skills. This is happening in an unprecedented way in East Asia. It has brought about profound consequences for the region and for the world. Is the change sustainable or transient? The trends and analysis in this book provide vital clues." --Ong Keng Yong, Secretary-General of ASEAN

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Published by World Bank Publications (2007)
ISBN 10: 0821367471 ISBN 13: 9780821367476
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