The Economic Development of Northeast Asia

Economic growth in Northeast Asia during the last 50 years has, by any standards, been remarkable. This major four-volume set draws together some of the most influential papers published on the growth and industrial transformation of the economies of Japan, Korea, Taiwan and Hong Kong.

Volume I outlines the factors behind Northeast Asia's development which includes a discussion on the impact of the financial crisis on each of these economies. Volume II discusses the macroeconomic settings and policy regimes under which growth has occurred, with a particular focus on monetary policy, fiscal policy and financial sector development. Volume III examines the external sector and human capital formation as the key catalysts for Northeast Asia's growth, and includes discussions of labour markets and income distribution. Volume IV outlines industrial structures and the debate over the role of public policy.

This important collection will be welcomed by all those with an interest in Asian studies - scholars, students and policymakers alike.

Edited by Heather Smith, Fellow, Division of Economics, Research School of Pacific and Asian Studies and Asia Pacific School of Economics and Management, Australian National University, Australia